appliances

Saudi Arabia’s Public Investment Fund has deepened its bet on videogames by taking a 5% stake, worth about $3 billion, in Japan’s Nintendo In a Japanese regulatory filing, PIF said it held just over 5% of Nintendo as of March 31. It said the stake was purely an investment, suggesting it didn’t intend to try to influence the company’s strategy. Saudi Arabia’s Public Investment Fund has deepened its bet on videogames by taking a 5% stake, worth about $3 billion, in Japan’s NintendoIn a Japanese regulatory filing, PIF…

Weber’s initial public offering at the New York Stock Exchange last year. The grill seller reported a loss for its latest quarter. Photo: Richard Drew/Associated Press…

Flipkart Big Saving Days sale will kick off starting July 25 and last till July 29. It will bring deals and discounts on several smartphones, tablets, electronics, and accessories. Flipkart Plus members will be able to enjoy the deals one day earlier, starting July 24. Shoppers can expect discounts on Realme, Poco, Vivo, Motorola, and other manufacturers. Flipkart Big Saving Days sale will bring up to 80 percent off on electronics and accessories, as well as up to 75 percent off on TVs and appliances.Flipkart has…

Panasonic said first-quarter operating profit surged more than 27 times, handily beating expectations as demand for home appliances and automotive batteries recovered from a particularly weak COVID-hit year.Profit for April-June rose to JPY 104.4 billion (roughly Rs. 7,060 crores) from JPY 3.8 billion (roughly Rs. 260 crores) a year earlier, some 50 percent higher than market expectations and its strongest performance for a first quarter since 2008.Panasonic, a key supplier of batteries to Tesla, has moved away from…

Amazon Summer Sale 2022 is currently live in India and will go on till May 8. A slew of home appliances and products including air conditioners, washing machines, and refrigerators are available at discounted prices during the sale. Amazon is also offering an instant discount of 10 percent for purchases using SBI, ICICI, RBL bank cards and EMIs. Other offers include no-cost EMI options, Amazon coupons and exchange offers. Here are our top picks for the best deals on home appliances on Amazon right now. Interested buyers…

TOKYO— Sony SONY -3.37% Group Corp. and Nintendo Co. NTDOY -3.33% said their flagship videogame machines are likely to be in short supply all year owing to component shortages, extending a problem that has plagued both companies. “There’s no end in sight to the semiconductor shortage at this point,” said Nintendo’s president, Shuntaro Furukawa.…

Roku Inc. ROKU 5.83% has teamed with private-equity firm Apollo Global Management Inc. APO 3.73% to bid for a minority stake in the pay-TV and streaming service Starz, which is known for series like “Outlander” and “Power,” according to people familiar with the situation. In November, movie and television production company Lions Gate Entertainment Corp.…