Tuesday , 10 February 2026

Recent Posts

Fiat seeks state-backed loan of $6.8b amid virus

Bloomberg Fiat Chrysler Automobiles NV is in talks to obtain a state-backed credit line of about 6.3 billion euros ($6.8 billion) to buttress the carmaker’s finances against the steep downturn caused by the coronavirus, according to people familiar with the matter. Fiat’s local unit is discussing the facility with lead lender Intesa Sanpaolo SpA, the people said, asking not to …

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Ubisoft Sues Apple, Google Over Alibaba’s Rainbow Six “Ripoff”

Bloomberg Ubisoft Entertainment SA sued Apple Inc. and Google LLC, accusing the companies of selling a ripoff of its popular video game “Tom Clancy’s Rainbow Six: Siege.” “Area F2,” created by Alibaba Group Holdings Ltd.’s Ejoy.com, is a “near carbon copy” of Rainbow Six: Siege, and that can’t be “seriously be disputed,” Ubisoft said in a complaint filed Friday in …

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IEA sees oil market improving amid sharp drop in output

Bloomberg The outlook for global oil markets has “improved somewhat,” with demand a little stronger than expected and supply reined in by a brutal price crash, the International Energy Agency (IEA) said. World oil production is on track for a “historic decline” this month to the lowest level in nine years, the IEA said in a monthly report. Opec and …

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