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After the triumph of Animal Crossing, a thin pipeline for Nintendo

The runaway success of Nintendo Co Ltd's island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console - it lacks upcoming titles.



5 years ago

The pandemic ‘unicorn’: Canadian startup dependent on travel joins $1-billion-plus club

Financial Post | James McLeod | May 5, 2020 Platform connects international students to universities, colleges and high schools with one application system University campuses around the world may be closed and international travel may have ground to a halt, but that hasn’t stopped an Ontario startup that depends on both to launch itself into

5 years ago

Next enters British beauty contest in former Debenhams stores

British clothes retailer Next will open five standalone beauty halls in former Debenhams stores across the country as a first step in its ambition to become a new force in beauty retailing, the company said on Thursday.



5 years ago

Wall Street jumps as PayPal outlook, China data fuel recovery hopes

U.S. stocks jumped on Thursday as investors were encouraged by PayPal's outlook and an unexpected rise in Chinese exports, which raised hopes of an economic recovery.



5 years ago

Lufthansa seeking 9 billion euro bailout

Lufthansa on Thursday said it is negotiating a 9 billion euro ($9.71 billion) "stabilisation package" with Germany's Federal Economic Stabilization Fund, confirming an earlier Reuters report.



5 years ago

Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program

Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008.

5 years ago

Twilio shares surge 32% after results crush Wall Street estimates

Twilio Inc shares surged 32% to a record high after the cloud communication provider's quarterly results and forecast smashed Wall Street estimates on increased demand from telehealth and education companies amid widespread lockdowns.



5 years ago

Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs

Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a slow recovery in demand and lower costs as rising unemployment creates greater supply of drivers.



5 years ago

Liberty and Telefonica agree $38 billion UK tie-up to take on BT

Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal that will create a powerhouse in mobile and broadband to take on market leader BT .



5 years ago

Cramer gains confidence in Moderna's possible coronavirus vaccine after Fauci praises the tech

"I have felt not to get bullish on a vaccine until Fauci said, 'Get bullish,'" said CNBC's Jim Cramer, suggesting the White House advisor's positive comments may be that bullish call.

5 years ago

U.S. employers must try to accommodate workers vulnerable to coronavirus: agency

The U.S. agency that enforces laws prohibiting disability discrimination said on Thursday that employers must try to accommodate workers with medical conditions that make them vulnerable to the novel coronavirus before sending them home.



5 years ago

Wall St jumps as PayPal outlook, China data fuel recovery hopes

U.S. stocks jumped on Thursday as an upbeat outlook from PayPal and a surprise rise in Chinese exports raised hopes of a faster economic recovery from what is expected to be a deep coronavirus-led recession.



5 years ago

Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs

Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a recovery in demand and lower costs as rising unemployment creates more supply of drivers than jobs in the market.



5 years ago

Luxury retailer Neiman Marcus files for bankruptcy amid COVID-19 pandemic

Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemic.



5 years ago

Stocks climb, shaking off U.S. jobs data, thanks to China trade relief

World shares rose on Thursday after Chinese exports proved far stronger than expected, while the U.S. dollar climbed to two-week highs on its safe-haven status after another report showed millions more Americans took unemployment aid.



5 years ago