• Thu, March 6, 2025

by: MSN

Japan's Seven & i names new CEO, announces restructuring

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, announced a change of CEO and plans to restructure its business in the face of a $47 billion foreign takeover bid. Lead outside director Stephen Dacus will succeed Ryuichi Isaka as chief executive on May 27,

by: CNBC

China has more room to act on fiscal policy amid global uncertainties, finance minister says

China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday.

by: TechRadar

How finance teams can avoid falling behind in the AI race

The danger for finance teams comes from an ever-widening chasm between those using AI tools and those who are not; one defined by increased productivity, prioritized work and unrivalled data insights. So, ahead of a year when AI capabilities are set to evolve even more, how can finance teams make up ground in the AI race?

by: cnbctv18

Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore

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by: Zawya

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by: Metro

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by: Forbes

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by: LondonLovesBusiness

Has Trump learned a lesson? Dramatic tariff U-turn means no tax on low-value Canadian and Mexican goods

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by: Digit

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by: CNET

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by: Investopedia

BlackBerry: A Story of Constant Success and Failure

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by: Newsweek

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by: Fortune

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by: WCNC

Logistics company with 82 locations worldwide moves headquarters to Charlotte

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by: Insider

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by: CNN

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by: AOL

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by: Patch

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by: Mint

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by: TipRanks

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by: Reuters

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by: Deadline

Comcast's 'SpinCo' Adds Media Veteran Jordan Fasbender As Chief Counsel, Finalizing Senior Management Team

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by: VOCM

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by: GOBankingRates

PNC Bank ATM Withdrawal and Deposit Limits

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by: Bizcommunity

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by: Cryptopolitan

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by: WTHR

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by: Kiplinger

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by: deBanked

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by: TechRepublic

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by: CNET

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by: Reuters

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by: GOBankingRates

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by: Kiplinger

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by: CNN

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by: Forbes

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by: AOL

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by: Forbes

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by: CNET

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by: Reuters

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by: Reuters

Republican officials rethink BlackRock bans after Panama port deal

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by: Forbes

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by: Reuters

Deutsche Bank shares head for biggest two-day gain since 2011

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by: Reuters

UK construction PMI falls to lowest since 2020 as house-building plummets

Britain's construction sector contracted sharply in February, with residential house-building declining at one the fastest rates since 2009 due to weak demand and high borrowing costs, according to a survey published on Thursday.

by: Reuters

Canada open to reduce its tariff retaliation if US offers more exemptions, source says

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by: Reuters

Exclusive: US mulls plan to disrupt Iran's oil by halting vessels at sea

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction,

by: Reuters

Japan's Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.

by: Reuters

US clean power investors see strong outlook despite gas plant rush

Clean power developers see opportunities from AI and other growth sectors alongside a wave of new gas-fired plants as fundamentals remain strong.

Japan's Seven & i names new CEO, announces restructuring

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, announced a change of CEO and plans to restructure its business in the face of a $47 billion foreign takeover bid. Lead outside director Stephen Dacus will succeed Ryuichi Isaka as chief executive on May 27,
Japan's Seven & i Holdings, the parent company of 7-Eleven, has announced a significant leadership change and a strategic restructuring plan. Ryuichi Isaka, the current president and COO, will succeed Katsuhiro Goto as CEO starting in September. This transition comes amidst pressure from activist investors like ValueAct Capital, which has been pushing for a spin-off of the 7-Eleven convenience store chain to enhance shareholder value. The company has decided against the spin-off but will instead focus on streamlining its operations by selling off its department store and supermarket businesses. This move aims to concentrate on its core convenience store operations, which are seen as more profitable and aligned with future growth strategies. Additionally, Seven & i plans to invest in digital transformation and overseas expansion to bolster its market position.

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