Games giant Ubisoft suffers share price collapse

Shares plummeted 33 percent -- a record drop for the firm -- to 4.46 euros in early Paris trading prior to suspension. On resumption, it was down 34.37 percent. The "Assassin's Creed" maker has been mired in financial difficulties for years and announced on Wednesday it was cancelling development of six video games and postponing the release of seven others. Ubisoft revealed it expected an operating loss of one billion euros ($1.2 billion) this year and would push through a major organisational...