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Nintendo quarterly revenue surges thanks to Switch 2
Nintendo quarterly revenue surges thanks to Switch 2
Business and Economy
by  AFP

Nintendo on Friday said quarterly revenue had more than doubled year-on-year thanks to the Switch 2, which became the world's fastest-selling console after its launch in June. The Switch 2 smashed industry records by selling 3.5 million units in its first four days, and Nintendo said Friday it had shifted around 5.8 million consoles in its first month.

British Airways owner sees profit jump on 'strong' demand
British Airways owner sees profit jump on 'strong' demand
Business and Economy
by  AFP

IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the first six months of the year on "strong demand". Group revenue increased eight percent to 15.9 billion euros in the January-June period year-on-year, "reflecting strong demand for our network and brands", it added.

Trump unveils slew of new tariffs, punishes Canada
Trump unveils slew of new tariffs, punishes Canada
Business and Economy
by  AFP

President Donald Trump unveiled new tariffs Thursday on nearly 70 countries -- including a blistering 35 percent on neighbor Canada -- as he seeks to reshape global trade to benefit the US economy. Trump raised duties on nearly 70 economies, from a current 10 percent level imposed in April when he unleashed "reciprocal" tariffs citing unfair trade practices.

South Korea exports hit July record despite US tariff pressures
South Korea exports hit July record despite US tariff pressures
Business and Economy
by  AFP

South Korea's exports surged to their highest level ever for a July, fuelled by strong overseas demand for semiconductors and automobiles, despite US tariffs weighing on trade, government data showed Friday. Semiconductors, South Korea's main export, recorded more than $14 billion -- the highest-ever for July, increasing by almost a third from the previous year.

Stocks struggle as Trump unveils new tariff sweep offsets earnings
Stocks struggle as Trump unveils new tariff sweep offsets earnings
Business and Economy
by  AFP

Asian markets mostly fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed deadline, offsetting strong earnings from tech giants. The tariff uncertainty overshadowed earnings from major tech titans this week that saw Apple on Thursday post double-digit quarterly revenue growth that beat expectations.