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Ubisoft counts cost of restructuring with record annual loss

Ubisoft counts cost of restructuring with record annual loss

French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring, game delays and cancellations.

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Silva says it's time for new Man City generation to shine

Silva says it's time for new Man City generation to shine

Bernardo Silva believes it is time for a new generation to take the lead at Manchester City.

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Airbnb expands into hotels, cars, groceries

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

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Southampton appeal against Championship play-off removal for spying

Southampton appeal against Championship play-off removal for spying

Southampton said on Wednesday they had appealed against their expulsion from the Championship play-off final as the punishment was "manifestly disproportionate to every previous sanction in the history of the English game".

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Opposition backlash as Macron's choice gets nod for central bank

Opposition backlash as Macron's choice gets nod for central bank

French lawmakers on Wednesday narrowly approved President Emmanuel Macron's ex-chief of staff as central bank governor, as the far-right opposition accused the outgoing head of state of seeking to freeze it out from key institutions.

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In-form Narvaez makes it three Giro stage wins

In-form Narvaez makes it three Giro stage wins

Jhonatan Narvaez won the 11th stage of the Giro d'Italia on Wednesday, his third win of this year's renewal as Afonso Eulalio retained the overall lead.

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Ubisoft reports record annual loss after game delays, cancellations

Ubisoft reports record annual loss after game delays, cancellations

French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring.

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Boss of Germany's Commerzbank cheered as she slams UniCredit advances

Boss of Germany's Commerzbank cheered as she slams UniCredit advances

German lender Commerzbank's boss was applauded at a shareholder meeting Wednesday as she slammed Italian bank UniCredit's hostile takeover bid, while staff outside the venue protested against any potential merger.

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French presidential candidate Philippe targeted in embezzlement probe

French presidential candidate Philippe targeted in embezzlement probe

French investigators are probing allegations of embezzlement involving high-profile presidential candidate Edouard Philippe over the allocation of a digital hub contract in the northern port city of Le Havre where he is mayor, prosecutors have said.

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Samsung union says South Korea strike on hold 'until further notice'

Samsung union says South Korea strike on hold 'until further notice'

Samsung Electronics workers' union said late Wednesday that a planned strike had been put on hold until further notice after negotiations with management resumed with the participation of Seoul's labour minister.

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