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Nintendo smashes Switch sales forecast as Animal Crossing sales top 13 million

Japan's Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with hit title Animal Crossing: New Horizons shifting 13.4 million units in its first six weeks.



5 years ago

UK parliament tells Barclays CEO: explain emergency business loans delays

The British parliament's treasury committee chairman has told the chief executive of Barclays to explain delays to granting emergency loans to small businesses.



5 years ago

Britain's GSK to sell entire stake in Hindustan Unilever

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva)



5 years ago

Norwegian Air says share issue oversubscribed

Norwegian Air's deeply discounted 400 million crowns ($39 million) share issue, part of the company's financial rescue plan, has now been oversubscribed by investors, the budget carrier said on Thursday.



5 years ago

Air France-KLM boss right to tackle subject of jobs: minister

Air France-KLM Chief Executive Ben Smith is right to tackle the subject of jobs at the struggling airline, said French government minister Jean-Baptiste Djebbari on Thursday, as trade unions brace for possible cuts.



5 years ago

GSK sells $3.35 billion stake in Hindustan Unilever

GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the largest block trade ever to have been carried out in India.



5 years ago

AB InBev sees worse ahead, but some light in China

Anheuser-Busch InBev , the world's largest beer maker, forecast a "materially worse" second quarter as coronavirus restrictions curb drinking across the globe, although China was showing early signs of recovery.



5 years ago

BT scraps dividend, invests in fibre as rivals agree merger

Britain's biggest telecoms group BT suspended its dividend and said it would spend billions more on faster fibre broadband connections, on the day two of its major competitors announced plans to merge.



5 years ago

German economy minister: We'll prevent Lufthansa from being sold out

The German government will prevent Lufthansa , the country's flagship carrier, from being sold out, Economy Minister Peter Altmaier told Bild newspaper on Thursday.



5 years ago

World food prices fall sharply in April because of coronavirus: U.N.

World food prices fell for a third consecutive month in April, hit by the economic and logistical impact of the coronavirus pandemic, the United Nations food agency said on Thursday.



5 years ago

Media giant Vivendi raises stake in Lagardere to 13.36%

French media conglomerate Vivendi has increased its stake in Lagardere to 13.36% from 10.6%, an AMF regulatory filing published on Thursday showed.



5 years ago

Norwegian Air secures shareholder funds in fight to stay aloft

Norwegian Air has secured vital funding from shareholders as it battles to survive the novel coronavirus pandemic that drove down April passenger volumes by 98.7%, the budget carrier said on Thursday.



5 years ago

Nintendo smashes Switch sales view; says Animal Crossing is device's fastest-selling game

Japan's Nintendo Co Ltd said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, and that title Animal Crossing: New Horizons shifted a record 13.4 million units in its first six weeks.



5 years ago

Climate activists spray 'fake oil' onto Barclays HQ in London's Canary Wharf

Climate activists from the Extinction Rebellion group sprayed "fake oil" onto the Barclays headquarters in London's Canary Wharf on Thursday, calling on the bank to divest from fossil fuels.



5 years ago

British Airways owner IAG must restructure across the board: Walsh

The owner of British Airways, Iberia, Vueling and Aer Lingus must cut costs across the board to weather the coronavirus crisis as air travel won't return to normal until at least 2023, its chief executive Willie Walsh said on Thursday.



5 years ago