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In a surprise move, Microsoft has canceled the Perfect Dark reboot, a game many of us had been waiting years to play. At the same time, Microsoft announced major layoffs across its gaming division. This included teams under Xbox, Activision Blizzard, and ZeniMax. These events weren’t just a random shake-up; they point to something bigger…
Italy stands at a critical crossroads. The nation could lose €20 billion ($23.6 billion) in exports and 118,000 jobs if the United States slaps 10% tariffs on European goods. Confindustria President Emanuele Orsini sounded the alarm on July 2, calling these tariffs unsustainable for Italy’s economy. This threat looms large because Italy thrives on exports,…
Japan faces a serious challenge as the Tariff Threat from US President Donald Trump looms large. He has promised to raise tariffs on Japanese imports to 30% or 35%, up from the current 10% baseline duty. This could hit the stock market hard, especially with the 90-day reprieve ending on July 9, leaving little time…
Shares of Greggs, the UK’s beloved bakery chain, tumbled sharply this week after the company warned of weaker-than-expected sales in June. The surprising culprit? A spell of unusually hot weather kept customers away from its shops, especially in the afternoons, and forced the company to downgrade its profit forecasts. The news has sent Greggs Shares…
We welcome you to explore a major change in U.S. tax law that could put more money in workers’ pockets. The No Tax on Overtime provision, part of the 887-page or 940-page “One Big Beautiful Bill Act,” fulfills a promise from President Donald Trump’s campaign. Passed by the Senate on July 1 with a 51-50…
G2 Esports just made history, and not just in gaming. In 2024, the Berlin-based esports giant recorded its biggest profit ever: around €9 million. What’s even more surprising? This success didn’t come from winning tournaments or landing a major sponsorship. It came from cashing out Solana tokens, a smart move that turned their crypto assets…
Shares of Bytes Tech fell sharply by 27 percent on July 2, 2025, after the company announced it expects lower-than-expected profit for the first half of fiscal year 2026. Why did investors react so strongly? What triggered the sharp fall In a statement ahead of its Annual General Meeting, Bytes Tech warned that its operating profit would be…
Seneca Foods, a major name in packaged fruits and vegetables, shared its latest earnings for Q4 and the full fiscal year ending March 31, 2025. The company posted $1.58 billion in net sales for the year, up from $1.46 billion last year, showing solid growth despite rising costs. Investors and readers want clear facts, so…
Alibaba Group stands as a giant in e-commerce and technology. The company, now Alibaba offers $7 billion in subsidies to strengthen its position in China. This bold move comes as rivals push hard to take market share. The $7 billion will roll out as coupons and vouchers over the next 12 months. It targets delivery…
Volvo Cars faced a tough month in June, with sales falling 12% compared to last year. The company sold 62,858 vehicles, marking its fourth straight month of decline, driven by trade tariffs and weaker demand for electric vehicles. This drop, especially the 26% crash in EV sales, shows the automaker is facing some tough times…