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EU backs Microsoft's Activision Blizzard takeover
EU backs Microsoft's Activision Blizzard takeover
by  AFP

The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator blocked the deal, putting it at risk. The CMA blocked the bid over concerns it could kill competition in the fast-growing cloud gaming market, and lead to less choice for British gamers in the future.

Ikea vows lower prices as it boosts investments
Ikea vows lower prices as it boosts investments
by  AFP

Ikea plans to invest more than $1 billion in France after announcing a US expansion, and the Swedish furniture giant will cut prices as inflation eases, the head of its holding company told AFP. The group unveiled last month plans to spend more than two billion euros ($2.2 billion) to expand in the United States, creating 2,000 jobs in its biggest investment in almost four decades in the country.

Macron, Musk meet in Paris on investing in France
Macron, Musk meet in Paris on investing in France
by  AFP

President Emmanuel Macron met billionaire businessman Elon Musk on Monday to discuss future investment projects, as the French leader hosts a conference aimed at persuading business leaders to put their money in France.

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