Big companies manage to pass on soaring costs to cash-strapped consumers

Some of Europe’s biggest companies report sales increases for the first quarter of 2022, with Nestle, Danone, and Akzo Nobel saying they were able to accomplish the gains while raising their prices ZURICH, Switzerland – Makers of chocolate bars and coffee to lawn mowers and industrial robots succeeded in passing on soaring costs to consumers, … Read more

Sony launches Game Pass counterattack with subscription service upgrade

Sony’s expanded PlayStation Plus service will offer hundreds of games, including recent hits, for a flat monthly fee when it launches in the United States, Europe, and Japan in June Sony’s revamp of its PlayStation subscription service is a major step toward leveling the playing field with Microsoft’s rival Game Pass, although holding back new … Read more