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Microsoft seeks to win over new players at gamer gathering
Microsoft held its biggest video game stand ever at the sector trade show Gamescom in Germany on Wednesday, aiming to win over players after several rocky months of studio closures and rising fees. Microsoft also announced Wednesday that the new versions of its consoles unveiled in June, which include the Xbox Series X without a Blu-ray player, will be available from October 15. kf/reb/giv/imm
US jobs data point to weaker than expected market
The US jobs market was probably cooler than expected in the year through March, Labor Department data showed Wednesday, signaling weaker but still-positive growth. "The nuance there is very important," he added, telling AFP the data "does not point to a weak labor market."
Ford adjusts EV lineup as it aims to lower vehicle cost
Ford announced Wednesday fresh changes to its electric vehicle lineup, including the scuttling of a planned SUV model, lifting shares despite a hefty near-term profitability hit. Among the changes, Ford is dropping a plan to produce a three-row electric utility vehicle that had previously been expected to be constructed in Oakville, Ontario.
Gamer gathering opens in Germany with 'Borderlands' news
Hundreds of thousands of video game fans and industry figures were converging Wednesday on Germany's Cologne for the sector's biggest trade show. The announcements set the scene for the show, which opens to the public from Thursday to Sunday after a day reserved for industry figures.
Switzerland moves towards cashless future with instant payments
Switzerland's new instant payment system will bolster the future of cashless payments in the country, the Swiss central bank said Wednesday after the scheme went live. The central bank said the first institutions had already launched retail offerings enabling customers to send instant payments, with further banks to follow in the coming months.
No 'feminist propaganda': hit Chinese video game in censorship row
The co-publisher of hit Chinese video game "Black Myth: Wukong" this week sent guidelines to foreign streamers urging them against discussing politically touchy topics like Covid-19 or feminism, players said.
Rise in UK borrowing narrows budget options for new govt
UK government borrowing jumped by far more than expected in July, official figures showed Wednesday, stoking fresh anxiety for the new Labour government ahead of its first budget in just over two months. Public sector net borrowing reached £3.1 billion ($4 billion) last month, the highest July figure since 2021 and well above expectations, the Office for National Statistics (ONS) said.
Asia tracks Wall St lower as traders pause Fed-fuelled rally
Asian equities sank Wednesday as traders take a breather from a global rally that has been fuelled by expectations the Federal Reserve will cut interest rates next month. And while traders are taking a step back for now, observers are optimistic that with more rate reductions on the way, equities have further to go.
Australia approves world's 'largest' solar hub
Australia on Wednesday approved plans for a massive solar and battery farm that would export energy to Singapore, a project dubbed the "largest solar precinct in the world". "It will be the largest solar precinct in the world –- and heralds Australia as the world leader in green energy," said Environment Minister Tanya Plibersek.
AFP
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