Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn). Sony says Bungie, best known for the Destiny and Halo games, will help it “reach billions of players”. Halo is one of the games that contributed to the popularity of Microsoft’s Xbox. Earlier this month, Microsoft revealed […]
Month: February 2022
Global chip shortage: Jaguar Land Rover loses £9m
Jaguar Land Rover (JLR) lost £9m ($12m) in the last three months of 2021 amid the global computer chip shortage. The UK car maker saw its retail sales fall 37.6% compared to a year earlier, as it sold 80,126 vehicles in the quarter to the end of December. Despite that fall in production the company […]
NGX gains N226bn in last January trading
The nation’s bourse opened the week on Monday upbeat to close its last trading day in January with a gain of N226 billion driven by high demand for shares of MTN Nigeria Communications (MTNN)k. Specifically, the market capitalisation, which opened the week at N24.898 trillion inched higher by N226 billion to close at N25.124 trillion. […]