Ubisoft announces the co-CEOs of the new subsidiary focused on its biggest games.
Christophe Derennes and Charlie Guillemot will lead the group, which is 'dedicated to bringing the Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six franchises to their full potential,' Ubisoft says. Tencent will have a 25 percent stake in the entity, and the creation of the subsidiary is 'progressing well.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Eaton to announce second quarter 2025 earnings on August 5, 2025
DUBLIN, July 18, 2025--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) will announce second quarter 2025 earnings on Tuesday, August 5, 2025, before the opening of the New York Stock Exchange. The company will host a conference call at 11 a.m. Eastern time that day to discuss second quarter 2025 earnings results with securities analysts and institutional investors. The conference call will be available through a live webcast that can be accessed via the Eaton Second Quarter 2025 Earnings Results link on Eaton's home page, which is The call replay and news release will also be available at the same link. Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're helping to solve the world's most urgent power management challenges and building a more sustainable society for people today and generations to come. Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit Follow us on LinkedIn. View source version on Contacts Jennifer TolhurstMedia Relations+1 (440) 523-4006jennifertolhurst@ Yan JinInvestor Relations+1 (440) 523-7558 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Stellantis doubles Kenitra plant capacity for electric cars
Stellantisis poised to double its production capacity at the Kenitra plant in Morocco in the forthcoming months, aiming to reach 535,000 vehicles annually, reported Reuters. The plant's focus will be on increasing the output of supermini electric cars, including the Opel Rocks-e, Citroën Ami, and Fiat Topolino, from 20,000 to 70,000 units. It will primarily supply markets in Europe and North Africa. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service The expansion plans were announced by Stellantis Middle East & Africa chief operating officer, Samir Cherfan during the inauguration of the plant's €1.2bn ($1.4bn) expansion project. The move is anticipated to increase the local sourcing rate from the current 69% to 75% by 2030, as stated by Moroccan Prime Minister Aziz Akhannouch. Additionally, the company has plans to manufacture hybrid engines and three-wheeled vehicles at the Kenitra facility, which first opened its doors in 2019 and achieved a production capacity of 200,000 vehicles by 2020. Industry minister Ryad Mezzour noted that Morocco's automotive sector is set to surpass a production capacity of one million vehicles with the company's expansion. Moroccan automotive industry exports are said to have seen a 6.3% increase to a $17bn last year. "Stellantis doubles Kenitra plant capacity for electric cars – report" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Trump's tariffs threaten to take the fizz out of Champagne's crucial US market
VERZENAY(Reuters) -Champagne producers in northeastern France need to find new markets after U.S. President Donald Trump threatened 30% tariffs on EU exports, the chairman of a French industry group said, suggesting Brazil, Southeast Asia and South Africa as options. The U.S. is the biggest market for champagne with 10% of champagne exports by volume and 15% by value and producers say the tariffs will push up prices for consumers and threaten jobs all along the supply chain, including in the United States. "The repercussions for all family champagne exports will be severe because it will mean lost income from bottle sales, which will also affect the grape harvest quotas we will be allowed to collect," said Stephane Vignon, whose family has been producing Champagne in Verzenay since 1946. With 70% of champagne sales currently concentrated in just five countries, tariffs should push producers to seek new markets, said Maxime Toubart, chairman of industry group Comite Champagne (Champagne Committee). He said France's cognac industry, which is mainly reliant on exports to China and the U.S. where it could also face duties, provides a cautionary tale for champagne producers on the need to diversify. But replacing U.S. sales is not easy, he said. "We can't just say we'll sell three million fewer bottles in the U.S. and put them in Japan instead. So actually, there is no alternative today to this fall in volume," he said. Total champagne exports fell more than 10% last year but rose slightly in the first four months of 2025 ahead of a 10% tariff in April, farm office FranceAgriMer said. "If tomorrow the 30% tariff is implemented, I think it will definitely impact the relationship," said Hugo Drappier of the Drappier Champagne house. "We've always managed to build a relationship of trust with our clients through the quality of our wines ... Let's hope that relationship isn't broken." (Writing and additional reporting by Sybille de La Hamaide and Michaela CabreraEditing by Gabriel Stargardter and Sharon Singleton) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
