BREAKING B.C. serial killer Robert Pickton attacked in prison
British Columbia serial killer Robert Pickton was attacked in a Quebec prison Sunday in what officials described as a "major assault."
Nintendo has become the latest victim of a global chip shortage that is battering supply chains.
The Japanese company reduced its forecast Thursday for sales of its popular Switch console by about 6 per cent. It now expects to sell 24 million units by the end of the fiscal year, which concludes next March, down from a previous projection of 25.5 million units.
The cut is largely due to the shortage of chips used in its hardware, which has caused production snags, the company said in an earnings presentation.
It added that "the extended impact of both COVID-19 and the global semiconductor shortage creates a state of continued uncertainty, with the possibility of future impact on production and shipping."
Nintendo still plans to make it up to investors by selling more gaming software. It hiked its forecast for that side of the business by about 5 per cent, estimating sales of 200 million units by the end of the fiscal year.
The company held its overall forecast for net sales but raised its guidance for profits. It now projects a slight jump in operating profit to 520 billion yen (approximately C$5.6 billion), as well as an increase in its dividend by 60 yen (C66 cents).
That came despite a dreary report card for the six months ended September.
Sales fell about 19 per cent to 624.2 billion yen ($5.5 billion) compared with the same period the previous year. Profits slumped almost 25 per cent to 219.9 billion yen ($1.9 billion).
The company said that sales of its gaming platforms fell nearly 20 per cent compared to last year "when 'Animal Crossing: New Horizons' drove the entire Nintendo Switch business significantly."
Nintendo was one of the big winners of the pandemic last year, with the hit game "Animal Crossing" helping keep people entertained at home. The Switch title — which is set on an idyllic island and allows users to fish, catch bugs and play with friends on the beach — was a breakout sensation for many months.
But the Kyoto-based developer has seen its hot streak start to fizzle out in recent months as parts of the world began to reopen, with overall sales falling nearly 10 per cent in the quarter ended June from a year ago.
Nintendo shares closed down 1.7 per cent in Tokyo on Thursday, before earnings were released.
British Columbia serial killer Robert Pickton was attacked in a Quebec prison Sunday in what officials described as a "major assault."
Donald Trump's lawyers rested their defence Tuesday without the former president taking the witness stand in his New York hush money trial.
One passenger was killed and 30 injured after a Singapore Airlines SIAL.SI flight from London hit severe turbulence en route on Tuesday, forcing it to make an emergency landing in Bangkok, officials and the airline said.
Anything is possible this week, as far as Canada's weather is concerned, with forecasts ranging from scorching heat in some parts of the country to rain and snow in others.
Canada's annual inflation rate slowed to a three-year low of 2.7 per cent in April, matching expectations, and core measures continued to ease, data showed on Tuesday, likely boosting chances of a June interest rate cut.
Riley Keough, the granddaughter of Elvis Presley, is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock ’n’ roll's former home as collateral was not repaid.
Donald Trump's reelection campaign called 'The Apprentice,' a film about the former U.S. president in the 1980s, 'pure fiction' and vowed legal action following its premiere at the Cannes Film Festival. But director Ali Abbasi is offering to privately screen the film for Trump.
Nestle NESN.S will market a new, US$5 line of frozen pizzas and protein-enriched pastas in the United States which it says it designed specifically for people taking drugs such as Wegovy or Ozempic for weight loss.
If you've been to a party lately and haven't seen someone drinking a BORG, you're likely not partying with college students.
For those who go to their local libraries often, they know there’s much more to their library than just borrowing books. Local libraries in Atlantic Canada are now renting out a broader range of items for people.
Flashes of purple darting across the sky mixed with the serenading sound of songs will be noticed more with spring in full force in Manitoba.
Catching 'em all with impressive speed, a 7-year-old boy from Windsor, Ont. who only started his competitive Pokémon journey seven months ago has already levelled up to compete at a world championship level.
A sanctuary dedicated to animals with disabilities is celebrating the third birthday of one of its most popular residents.
2b Theatre recently moved into the old Video Difference building, seeking to transform it into an artistic hub, meeting space, and temporary housing unit for visiting performers in Halifax.
A B.C. woman says her service dog pulled her from a lake moments before she had a seizure, saving her life.
A Starbucks fan — whose name is Winter — is visiting Canada on a purposeful journey that began with a random idea at one of the coffee chain's stores in Texas.
Members of Piapot First Nation, students from the University of Winnipeg and various other professionals are learning new techniques that will hopefully be used for ground searches of potential unmarked grave sites in the future.
ALS patient Mathew Brown said he’s hopeful for future ALS patients after news this week of research at Western University of a potential cure for ALS.