Live news: BlackBerry to split company, hold IPO for Internet of Things business

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The Financial Post brings you the top business stories as they happen for October 5, 2023. Read on for breaking news you need to know.

Posthaste: What the global bond meltdown means to you — and your mortgageSecurity personnel stand guard in front of the High Commission of Canada in New Delhi on Sept. 19, 2023.said Thursday it wants parity with Canada on diplomatic presence, indicating that Ottawa should reduce the number of its officials in the country amid tensions over the killing of a Sikh separatist leader.

The Financial Times reported earlier this week that Prime Minister Narendra Modi’s government told Canada it must repatriate 41 diplomats — out of 62 currently in India — by Oct. 10. The Canadian government has an embassy in New Delhi and consulates in Bengaluru, Chandigarh and Mumbai. Active listings totalled 16,398 in September, up 10 per cent from 14,916, while new listings for the month fell two per cent to 5,872, compared with 5,984 a year earlier.

Investors applauded the move, sending the shares up more than five per cent in late trading on Wednesday. The entire company currently has a market valuation of about US$2.5 billion.

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