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US fund Artisan urges Seven & i to allow due diligence on Couche-Tard buyout offer

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TOKYO (Reuters) - U.S. fund Artisan Partners urged the board of Seven & i Holdings to allow Canada's Alimentation Couche-Tard (ACT) to conduct due...
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Analysis-Europe Inc set to clear lower earnings bar; wait-and-see on China stimulus

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By Samuel Indyk and Medha SinghLONDON (Reuters) - Analysts have downgraded estimates for European corporate earnings at the fastest pace in seven months this...
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Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls

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By Martin CoulterLONDON (Reuters) - Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as...
Bussiness

Hong Kong cuts liquor tax in effort to reignite its nightlife industry

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HONG KONG (AP) — Hong Kong’s leader announced a cut to liquor tax Wednesday as the Asian financial hub hopes to revive its reputation...
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Unions face a moment of truth in Michigan in this year’s presidential race

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GRAND RAPIDS, Mich. (AP) — Vice President Kamala Harris rallies in Michigan’s union halls, standing alongside the state’s most powerful labor leader, while former...
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Exclusive-Jamie Dimon charts JPMorgan expansion plan into Africa

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By Nupur AnandNEW YORK (Reuters) - JPMorgan Chase, the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its...
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Debt boom hits pause Down Under as US election looms

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By Tom WestbrookSYDNEY (Reuters) - Australian dollar debt sales, running at the fastest clip on record, are starting to hit the brakes as capital...
Bussiness

KKR to launch sale of Goodpack, valued at around $1.8 billion, sources say

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By Kane Wu and Yantoultra NguiHONG KONG/SINGAPORE (Reuters) - KKR & Co is set to launch the sale of Singapore-based Goodpack in a deal...
Bussiness

BOJ Board Member Urges Gradual Approach to Interest Rate Hikes

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(Bloomberg) -- Bank of Japan Board Member Seiji Adachi emphasized the need for taking a gradual approach to raising the benchmark interest rate, in...
Bussiness

China to Extend Record Aluminum Output Amid Ample Power Supply

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(Bloomberg) -- China’s record-breaking run of aluminum output is likely to extend through the rest of the year as supply risks dissipate at a...
Bussiness

Analysis-Chinese finance professionals switch careers as industry crackdown dims prospects

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By Samuel Shen and Selena LiHONG KONG (Reuters) - Disillusioned Chinese bankers and fund managers are giving up careers in a finance sector where...
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Oil steadies after sharp falls as Middle East uncertainty persists

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(Reuters) - Oil rose in early Asian trade on Wednesday on continued uncertainty over conflict in the Middle East, after falling as much as...
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