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Microsoft nears takeover of 'Call of Duty' maker
Microsoft nears takeover of 'Call of Duty' maker
by  AFP

Xbox-owner Microsoft has closed in on its $69-billion takeover of "Call of Duty" video-game maker Activision Blizzard after the UK said Friday that a revamped deal addressed regulatory concerns. Microsoft and Sony in July reached a deal to keep releasing the "Call of Duty" video game on the PlayStation game console.

Markets mostly rise as traders try to look past expected rate hikes
Markets mostly rise as traders try to look past expected rate hikes
by  AFP

Most stock markets rose Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest rate hikes by central banks struggling to tame inflation. In a sign that the spectre of inflation will linger for some time, central banks in Sweden, Norway and Switzerland all warned they would likely have to hike again at some point owing to sticky inflation.

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