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Nintendo lifts annual net profit forecast
Nintendo lifts annual net profit forecast

Nintendo raised its full-year net profit forecast on Tuesday, with the weak yen and a solid performance by new games helping compensate for falling sales of its Switch console. The Kyoto-based Japanese gaming giant estimated net profit for the year to March 2023 at 400 billion yen ($2.7 billion), up from a previous projection of 340 billion yen.

Renault reorganises towards electric future
Renault reorganises towards electric future

French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a new electric vehicle unit and a subsidiary for thermal and hybrid assets that will pair up with China's Geely. At an investor day in Paris on Tuesday, Renault outlined its green transformation.