Microsoft announced that it will acquire one of the largest video game makers Activision Blizzard for $68.7 billion. According to media reports, the sale is the biggest deal in the sector and will make the combined entity the third-largest gaming company in terms of revenue after Tencent and Sony. The deal includes Microsoft’s acquisition of … Read more
(MENAFN– Al-Bayan) The semi-annual review of the weights of the companies listed in the Dubai Financial Market Index showed that 10 listed companies accounted for 88.2% of the weight of the index, while the weight of the largest 20 companies in the index reached about 98.69%. Three companies came at the top of the list … Read more
New York, USA (CNN)—The Japanese company Toyota is preparing to dethrone Ford as the best-selling car in the United States, after Ford dominated the sales market for nearly 100 years. As of 2005, Toyota ranked fourth in US auto sales, with General Motors, Ford and what was then known as DaimlerChrysler, with a combined 57% … Read more