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Nintendo lifts annual profit forecasts on strong game sales
Nintendo lifts annual profit forecasts on strong game sales
Technology
by  AFP

Japanese gaming giant Nintendo raised its annual forecasts on Tuesday after strong first-half sales of its new "Zelda" and "Mario" franchise games for the ageing Switch console. Nintendo said on Tuesday they will "release new offerings so more consumers keep playing Nintendo Switch even longer and we can maximize hardware sales" for the current fiscal year.

UBS posts first quarterly loss since 2017 on Credit Suisse costs
UBS posts first quarterly loss since 2017 on Credit Suisse costs
Economy
by  AFP

UBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse after taking over its fallen Swiss banking rival. Credit Suisse posted a positive inflow of net new money for the first time since the first quarter of 2022 at $3 billion.