PS4 release delayed in China

Sony will not release the PS4 in China on January 11th, as planned. In a statement provided to Reuters the company said the last minute decision was made due to various factors”, none of which have been specified although it is claimed that prolonged negotiations with Chinese authorities” played a …

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Tesco to close 43 stores, scraps plans for 49 new stores

Britain’s largest retailer Tesco is to close 43 stores amidst a number of restructuring plans. A significant proportion” of the closures will come from its local convenience stores and are targeted on its unprofitable outlets. It has also scrapped plans to open 49 new large supermarket stores. The company also …

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