Month: November 2019

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Trading Ideas

Nintendo to begin testing Mario Kart Tour multiplayer

November 1, 2019 admin Comments Off on Nintendo to begin testing Mario Kart Tour multiplayer

Nintendo Co Ltd said on Friday it would begin testing a multiplayer option for its Mario Kart Tour mobile game in December, a step towards the full multiplayer mode demanded by players and seen as essential to boosting the title’s revenues. A major test of Nintendo’s shift to mobile, Mario Kart Tour currently lacks the option to race against friends, leaving the game without a key element that has helped make it one of Nintendo’s longest running franchises. Nintendo’s shares jumped almost 7% on Friday, a day after the Japanese gaming company also reported strong demand for a …read more […]

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Business News

Canada denies sharing Huawei CFO Meng’s devices details with FBI: court documents

November 1, 2019 admin Comments Off on Canada denies sharing Huawei CFO Meng’s devices details with FBI: court documents

The Canadian attorney general has filed affidavits asserting that information identifying Huawei Chief Financial Officer Meng Wanzhou’s electronic devices was not shared with the United States Federal Bureau of Investigation (FBI) during her December 2018 arrest in Vancouver, court documents showed on Thursday.

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Alibaba, Tencent Rated 'Buy' at Haitong International, Leung Says

November 1, 2019 admin Comments Off on Alibaba, Tencent Rated 'Buy' at Haitong International, Leung Says

Oct.31 — Billy Leung, director of equity research at Haitong International, talks about Chinese internet stocks including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. Alibaba is deciding between launching a sharply reduced $10 billion Hong Kong share sale in November or delaying the deal till next year as global uncertainty mounts, people familiar with the matter say. Leung speaks with Shery Ahn and Paul Allen on “Bloomberg Daybreak: Asia.” …read more […]

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Mineral Resources, Albemarle pause Wodgina output on weak lithium market

November 1, 2019 admin Comments Off on Mineral Resources, Albemarle pause Wodgina output on weak lithium market

Australia’s Mineral Resources Ltd said on Friday its newly formed joint venture with Albemarle Corp had decided to pause operations at the Wodgina Project due to “challenging” lithium market conditions. Australian lithium producers had earlier this year flagged weak market conditions for the rest of 2019 amid reduced demand from Chinese customers after a change in the country’s electric vehicle subsidies, and global trade tensions. Mineral Resources, which today concluded the sale of a 60% interest in Wodgina to Albemarle, said the transition to care and maintenance at the project would take about four weeks. …read more […]