Tencent faces new video-game M&A challenge

Tencent faces new video-game M&A challenge

LONDON, Aug 5 (Reuters Breakingviews) – The frenzy in video-game dealmaking has reached a new level. China’s Tencent (0700.HK) wants to increase its 5% stake in smaller French rival Ubisoft Entertainment (UBIP.PA), the outfit behind the wildly popular “Assassin’s Creed” franchise, according to Reuters. The $380 billion company could offer the founding Guillemot family, who … Read more

China foreign minister walks out moments before ASEAN meeting gala dinner

China foreign minister walks out moments before ASEAN meeting gala dinner

Chinese Foreign Minister Wang Yi attends the ASEAN Foreign Ministers Meeting in Phnom Penh, Cambodia August 4, 2022. REUTERS/Soe Zeya Tun Register now for FREE unlimited access to Reuters.com Register PHNOM PENH, Aug 4 (Reuters) – The Chinese government’s top diplomat Wang Yi walked out before the start of a gala dinner of foreign ministers … Read more

Chilean authorities investigate mysterious large sinkhole near copper mine

Chilean authorities investigate mysterious large sinkhole near copper mine

SANTIAGO, Aug 1 (Reuters) – Chilean authorities started investigating on Monday a mysterious sinkhole about 25 meters (82 feet) in diameter that appeared over the weekend in a mining area in the north of the country. Chilean media showed aerial images of the sinkhole on land operated by a Canadian Lundin Mining (LUN.TO) copper mine, … Read more

Explainer: What happens if Germany’s Russian gas flows stop

Explainer: What happens if Germany’s Russian gas flows stop

FRANKFURT, July 11 (Reuters) – Germany, the world’s fourth-biggest economy, is preparing for all scenarios including a complete stop to Russian gas supplies once a regular 10-day maintenance period on the giant Nord Stream 1 pipeline ends. Maintenance on the pipeline, which carries Russian gas directly into Germany, began on July 11 but Berlin is … Read more

War looms large over G20 event as Russia meets rivals in Bali

War looms large over G20 event as Russia meets rivals in Bali

NUSA DUA, Indonesia, July 8 (Reuters) – G20 foreign ministers head to a joint summit on Friday that will put some of the staunchest critics of Russia invasion of Ukraine in the same room as Moscow’s top diplomat, in the first such meeting since the war started in February. The buildup to the gathering on … Read more

Apple hikes Japan price of iPhone by nearly a fifth

Apple hikes Japan price of iPhone by nearly a fifth

Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, US, January 27, 2022. REUTERS/Joshua Roberts/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, July 1 (Reuters) – Apple Inc (AAPL.O) has hiked by nearly a fifth the cost of its flagship iPhone phone in Japan, … Read more

The ‘Big Package’: How Russia was driven to default

The ‘Big Package’: How Russia was driven to default

European Commission President Ursula von der Leyen arrives for the European Union leaders summit, as EU’s leaders attempt to agree on Russian oil sanctions in response to Russia’s invasion of Ukraine, in Brussels, Belgium May 30, 2022. REUTERS/Johanna Geron//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 27 (Reuters) – Russia’s … Read more

G7 leaders to discuss Iran nuclear talks revival, French official says

G7 leaders to discuss Iran nuclear talks revival, French official says

German Chancellor Olaf Scholz, US President Joe Biden, British Prime Minister Boris Johnson, Japan’s Prime Minister Fumio Kishida, European Commission President Ursula von der Leyen, European Council President Charles Michel, Italy’s Prime Minister Mario Draghi, Canada’s Prime Minister Justin Trudeau and France’s President Emmanuel Macron attends a round table for their first working session of … Read more

Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

2023 Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show in Los Angeles, California, US November, 17, 2021. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) … Read more

World stocks near fresh 2022 lows on inflation fears

World stocks near fresh 2022 lows on inflation fears

LONDON, June 13 (Reuters) – World stocks fell towards fresh 2022 lows and the Japanese yen slid to levels not seen in nearly a quarter of a century on Monday as red-hot US inflation fueled worries about even more aggressive policy tightening in a big week for central banks. The substantially higher-than-expected US CPI print … Read more