Index Investing News
Saturday, May 24, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

7-Eleven proprietor poised to reject Couche-Tard takeover bid

by Index Investing News
September 5, 2024
in Economy
Reading Time: 5 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


This text is an on-site model of our FirstFT e-newsletter. Subscribers can signal as much as our Asia, Europe/Africa or Americas version to obtain the e-newsletter each weekday. Discover all of our newsletters right here

Good morning. At this time we’re masking:

  • The AstraZeneca staff beneath investigation in China

  • China’s new again doorways into western markets

  • Why India struggles at sport

We begin, nonetheless, with information on the overseas takeover bid for 7-Eleven’s Japanese proprietor.

The board of Seven & i Holdings is poised to reject the opening provide from Canada’s Alimentation Couche-Tard, and its pursuit of Japan’s biggest-ever buyout by a overseas firm.

In response to three folks near the Japanese firm, a particular committee arrange by Seven & i to look at Couche-Tard’s bid final month will describe the provide as inadequate and lift issues that the deal would set off competitors investigations from regulators.

In a response to Couche-Tard that the identical folks stated might be despatched as quickly as at the moment, the Japanese firm will go away open the chance for the Canadian group to return with a better provide, and hold the method working on a pleasant foundation for now.

Learn extra in regards to the Seven & i board’s opposition to the takeover strategy.

Right here’s what else I’m conserving tabs on at the moment and over the weekend:

  • Essential US jobs report: At stake in at the moment’s knowledge, buyers imagine, is the seemingly measurement of the Federal Reserve’s first rate of interest minimize later this month. It would even be intently watched after July’s report undershot expectations, triggering a brutal market sell-off all over the world.

  • Summit: Japanese Prime Minister Fumio Kishida begins a two-day go to to Seoul, the place he’ll meet South Korean President Yoon Suk Yeol.

How nicely did you retain up with the information this week? Take our quiz.

5 extra prime tales

1. AstraZeneca stated a “small quantity” of its staff are beneath investigation by police in China. The UK drugmaker’s assertion got here after a report that 5 present and former staff had been detained over potential infringement of information privateness legal guidelines and the distribution of a liver most cancers drug that had not been accepted within the nation.

2. China’s largest banks are making ready to difficulty tons of of billions of {dollars} in loss-absorbing bonds designed to keep away from the pricey authorities bailouts that swept Europe and the US within the aftermath of the 2008 monetary disaster. However ranking companies nonetheless anticipate Beijing to help the nascent market in occasions of disaster.

3. President Emmanuel Macron has named the EU’s former Brexit negotiator Michel Barnier as France’s subsequent prime minister. Barnier is a veteran of France’s conservative Les Républicains, a celebration Macron has wooed to discover a candidate with a shot at commanding majority help within the Nationwide Meeting. Right here’s how French political actors reacted to Barnier’s appointment.

4. Unique: Russia has been pressured to begin storing gasoline from Vladimir Putin’s Arctic LNG 2 mission, in an indication that western sanctions are deterring consumers. In response to ship-tracking knowledge and satellite tv for pc pictures, three vessels have shipped liquefied pure gasoline from the mission, which is beneath US sanctions, because it began loading operations final month.

5. Donald Trump has unveiled a sweeping plan to decrease costs and minimize pink tape and stated he would appoint the world’s richest man Elon Musk to assist him. The Republican candidate sought to attract a distinction with Kamala Harris’s financial imaginative and prescient in a speech to an viewers of Wall Avenue executives.

What are the implications of the US election for Asia? Be part of us on September 26 for a webinar analyzing the potential financial and political penalties, with an emphasis on how the competition will form monetary markets and world commerce. Register at no cost right here.

The Huge Learn

© FT montage/Getty Photos

Chinese language corporations are organising store in international locations reminiscent of Singapore, Vietnam and Eire, hoping to avoid protectionist measures imposed by western powers towards China-based corporations. However as extra Chinese language exports are rerouted via these jurisdictions, officers within the US and Europe are rising more and more involved in regards to the emergence of again doorways into their markets.

We’re additionally studying . . . 

Chart of the day

Rory Inexperienced, chief China economist at TS Lombard, discovered that GDP defined about 90 per cent of the variation in medal counts on the Paris Olympics. However India, the world’s fifth-largest economic system, gained simply six medals this 12 months. Why is it so unhealthy at sport? Tej Parikh explains.

You’re seeing a snapshot of an interactive graphic. That is almost definitely as a consequence of being offline or JavaScript being disabled in your browser.

Take a break from the information

Family mess is an unavoidable truth of life — so why cover it from visitors? Oliver Burkeman is embracing “scruffy hospitality”, an idea that will be beneficial sufficient if all it conveyed was permission to place rather less effort into conserving a pristine residence. However there’s extra to it.

A messy living room with books and cushions strewn about
Family mess is an unavoidable truth of life — so why cover it? © Degimages/inventory.adobe.com

Further contributions from Melody Abike Adebisi and Tee Zhuo



Source link

Tags: 7ElevenbidCoucheTardownerPoisedRejectTakeover
ShareTweetShareShare
Previous Post

Idaho practically upset Oregon on Saturday. If it weren’t for NIL, the Vandals may need pulled it off

Next Post

Peter Brandt Predicts BTC Worth Dip To $46K; Why Is Bitcoin Falling Right now?

Related Posts

Donald Trump makes dangerous guess by rekindling his commerce conflict with the EU

Donald Trump makes dangerous guess by rekindling his commerce conflict with the EU

by Index Investing News
May 24, 2025
0

Donald Trump likes to make offers. And he could also be calculating that his sudden escalation of tariffs on the...

The Fed’s not making a revenue

The Fed’s not making a revenue

by Index Investing News
May 24, 2025
0

Unlock the Editor’s Digest free of chargeRoula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.The...

Greenback notches greatest weekly drop since tariffs sell-off over US debt fears

Greenback notches greatest weekly drop since tariffs sell-off over US debt fears

by Index Investing News
May 24, 2025
0

Unlock the Editor’s Digest totally freeRoula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.Investor jitters...

Joe Weisenthal on jobs and migration

Joe Weisenthal on jobs and migration

by Index Investing News
May 23, 2025
0

I noticed an attention-grabbing tweet by Joe Weisenthal, discussing the query of what determines interstate migration: That is the traditional...

What EU exports are hit hardest by Trump’s 50% tariff risk?

What EU exports are hit hardest by Trump’s 50% tariff risk?

by Index Investing News
May 23, 2025
0

Donald Trump’s risk to impose a 50 per cent tariff on all exports from the EU would ship a hammer...

Next Post
Peter Brandt Predicts BTC Worth Dip To K; Why Is Bitcoin Falling Right now?

Peter Brandt Predicts BTC Worth Dip To $46K; Why Is Bitcoin Falling Right now?

Democrats blame Russia to dismiss China’s dragon within the room

Democrats blame Russia to dismiss China's dragon within the room

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Biden Seeks Value Cap on Russian Oil Amid Fears of Fuel Shock

Biden Seeks Value Cap on Russian Oil Amid Fears of Fuel Shock

July 9, 2022
Newcastle vs Liverpool LIVE: Premier League latest goal updates as Gordon scores before Van Dijk sent off

Newcastle vs Liverpool LIVE: Premier League latest goal updates as Gordon scores before Van Dijk sent off

August 27, 2023
Russia says Ukraine disaster should not attain Arctic, NATO says it already has : worldnews

Russia says Ukraine disaster should not attain Arctic, NATO says it already has : worldnews

April 1, 2022
U.S. Navy kills Houthi rebels attacking Maersk Ship in Red Sea

U.S. Navy kills Houthi rebels attacking Maersk Ship in Red Sea

December 31, 2023
US soldier dies after truck plows in to convoy in Germany — RT World News

US soldier dies after truck plows in to convoy in Germany — RT World News

August 3, 2023
Egypt reaches bn IMF loan deal after agreeing to float currency

Egypt reaches $3bn IMF loan deal after agreeing to float currency

October 27, 2022
The ECB can’t faux any technocratic purity

The ECB can’t faux any technocratic purity

December 15, 2024
US consultancy Gallup withdraws from China

US consultancy Gallup withdraws from China

November 4, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In