On Thursday, Activision Blizzard Inc., the video game company said it that expected a lower figure of revenue as well as profit in 2015. The company partially blames the impact which it anticipates that the foreign-exchange markets will have on the earnings. The company is not alone in this, till now there have been other businesses that have expressed their concerns over the issue.
On Monday, Bryan Stockton, the CEO of Mattel was fired following a 59 percent fall in the company's profits. For the last three years Stockton was the chairman and the CEO of the company.
The resignation of Stockton came on Monday as the initial number of sales signalled at another unsatisfactory holiday season for Mattel.
According to a new report, the British advertising market is expected to record strong growth. As per Zenith Optimedia estimates, the advertising revenue is expected to grow at the rate of 7.4 per cent or by £1 billion this year to £14.3 billion.
Persistent shortage of houses pushed property prices drastically up in the UK, particularly in London and the south east, for a third consecutive month in May.