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Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game.John Keeble | Getty ImagesShares of Ubisoft sank 18% on Thursday after the French video game firm reported full-year earnings that disappointed investors.Ubisoft reported a 20.5% drop in net bookings for the fiscal year ending March 31, 2025, as a strong performance of the company’s latest “Assassin’s Creed” game did little to boost its full-year sales. “Assassin’s Creed: Shadows” was released in March following two consecutive delays.Ubisoft cited “lower than expected partnerships” for the decline in net bookings, which totalled 1.85 billion euros ($2.1 billion). The company also reported an operating loss of…

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.Shares were down 5% in premarket trade in the U.S. at 6:02 a.m. ET.Here’s how Alibaba did in its fiscal fourth quarter ended March versus LSEG estimates:Revenue: 236.5 billion Chinese yuan ($32.6 Billion), versus 237.2 billion yuan expectedNet income: 12.4 billion yuan, compared 24.7 billion expected.While falling short of analyst expectations, revenue was nevertheless up 7% year-on-year.Alibaba’s net…

Talks are progressing well for Liverpool to sign Jeremie Frimpong from Bayer Leverkusen. The 24-year-old wants the move to Anfield and he has a €35m release clause. He can play at right-back as well as right wing and is highly rated by Reds boss Arne Slot.Celtic have sell-on clause which could be worth about £5m.The Netherlands international was a key member of the Leverkusen team that won the German domestic double last season. Since joining Leverkusen in January 2021, the ex-Manchester City youth player has scored 30 goals and provided 44 assists in 190 games for the club in all…

The Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, on Jan. 9, 2019.Ali Mohammadi | Bloomberg | Getty ImagesOil prices fell Thursday on expectations that the U.S. and Iran may soon reach a deal over Tehran’s nuclear program.International benchmark Brent crude futures with July expiry fell 2.36% to close at $64.53 a barrel, paring some of its earlier losses. U.S. West Texas Intermediate futures, meanwhile, closed at $61.62, down 2.42% for the session.Speaking in Doha, Qatar during his Middle East trip, U.S. President Donald Trump said the U.S. was getting close to securing a nuclear deal with Iran.”We’re…

Donald Trump speaks alongside Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board in the State Dining Room of the White House in Washington, DC, March 6, 2019.Saul Loeb | AFP | Getty ImagesU.S. President Donald Trump on Thursday said he told Apple CEO Tim Cook that he doesn’t want the tech giant to build its products in India, taking shots at the company’s moves to diversify production away from China and urging him to pivot Stateside.”I had a little problem with Tim Cook yesterday,” Trump said. “I said to him, ‘my friend,…

Erling Haaland has said Manchester City must rediscover the “stomach” to fight for the biggest trophies after branding this season “catastrophic” for Pep Guardiola’s side.Haaland has questioned whether the squad has had the same “hunger” after relinquishing the title to Liverpool and struggling in the Champions League.The Norway international is hoping winning the FA Cup on Saturday can provide a platform to return to their best form next season.And he insists that as soon as the current campaign ends, the focus will immediately shift to bringing the Premier League trophy back to the Etihad Stadium.Erling Haaland has scored 21 goals…

Tom HamiltonMay 15, 2025, 05:01 AM ETClose• Joined ESPN in 2011• Covered two Olympics, a pair of Rugby World Cups and two British & Irish Lions tours• Previously rugby editor, and became senior writer in 2018Ajax conceded a 99th-minute equaliser against Groningen on Wednesday which has left their Eredivisie title hopes on the brink in one of the most monumental collapses in football history.Heading into match 30 of the season, Ajax held a nine-point lead over PSV — but then failed to win any of their next four matches. That means with just one match of the campaign remaining, they are second, a…

Beside a makeshift firewood stove, in a classroom that has served as their home for the past year, Um Kamal Ubeid gently feeds her one-year-old grandson, Kareem. The dish is simple: bread soaked in tea, but for Palestinians in Gaza, it has become a lifeline amid extreme scarcity. Known locally as tea fattah, the modest meal is long associated with Gaza’s darkest times, like Israeli offensives and prolonged blockades. Now, with rice, grains and tinned food all exhausted under an ongoing total Israeli siege, it is all the Ubeid family have left to survive on. “I don’t exactly remember the first time I…

Ruben Selles is set to be sacked by Hull City, who have made their third managerial change in 12 months.Selles was appointed Hull head coach last December, moving from League One play-off hopefuls Reading in the process. He won nine out of his 28 matches in charge as Hull avoided relegation to the third tier on the final day thanks to a 1-1 draw at Portsmouth. Please use Chrome browser for a more accessible video player Highlights of the Sky Bet Championship game between Portsmouth and Hull City, which was Ruben Selles’ final match in charge Selles’ imminent departure is…

U.S. Treasury yields moved lower on Thursday as investors digested a cooler-than-expected inflation reading.The 10-year Treasury yield declined 8.1 basis points to 4.447%, and the 2-year Treasury yield fell 9 basis points to 3.963%.One basis point is equivalent to 0.01%, and yields and prices move in opposite directions.The decline in yields came as the April reading for the producer price index showed a surprising drop in wholesale prices. The PPI for final demand fell 0.5%. Economists surveyed by Dow Jones were expecting an increase of 0.3%.Other economic data on Thursday, including initial jobless claims and retail sales, came in largely as expected.Earlier this week,…