Author: Admin
TOKYO — Stephen Hayes Dacus was approved Tuesday to be the new chief executive of the operator of 7-Eleven, the first foreigner to lead the Japanese convenience store chain. The American with a Japanese mother was appointed earlier this year to be chief executive of Seven & i Holdings Co., which operates the stores, known as “konbini” in Japan.An acquisition proposal by Alimentation Couche-Tard of Canada, which the company has so far rejected, was not up for vote at the shareholders’ meeting. The companies are discussing the proposal and Seven & i is conducting an internal study. Dacus has promised…
EU countries on Tuesday formally approved a new 150-billion-euro loan programme to help rearm in the face of Russia and worries over US reliability, according to the Polish presidency of the bloc. The SAFE borrowing scheme backed by the EU’s central budget was proposed by Brussels in March as the bloc rushes to boost its defences. Finalised by member states earlier this month, the text received final approval at a meeting of Europe ministers in Brussels, with 26 countries voting for and one abstention, the presidency said. EU countries had haggled at length over what the money could be spent…
TOKYO :The markets will be closely watching an auction of Japan’s longest tenor bonds on Wednesday to see if debt investors will continue to put up with the worsening finances of major government issuers.Bond yields, particularly on the long end, have surged around the world in recent weeks as concerns mount over fiscal deficits. Heavily indebted Japan’s government bonds are the “canary in the global duration coalmine,” Goldman Sachs analysts wrote last week after poor demand at a sale of 20-year bonds.JGBs rallied sharply in the afternoon on Tuesday after Reuters reported that the Ministry of Finance may tweak its…
Bharti Airtel has announced new OTT recharge plans for prepaid customers in India on Tuesday. The new recharge plans offer access to more than 25 streaming platforms. The entry-level plan costs Rs. 279 and offers a one-month validity. It offers access to leading OTT platforms including Netflix, JioHotstar, Zee5, and SonyLiv. The telecom company has also announced entertainment packs priced at Rs. 598 and Rs. 1,729 with a validity of 28 days and 84 days, respectively. These plans come with unlimited 5G data and unlimited calls. Airtel All-in-One OTT Entertainment Packs Benefits Airtel has launched new all-in-one OTT bundles for prepaid users, featuring two…
The future of mobility is beginning to look a lot like the dreams of past generations. In the remote salt flats of South Australia, electric flying cars are already racing, and the company behind them, Airspeeder, is convinced this spectacle will help accelerate a revolution in urban transport. “We have been waiting a really, really long time,” Matt Pearson, Airspeeder’s CoFounder & Chief Executive Officer, told to the audience at Dell Technologies World in Las Vegas. “Even Henry Ford said the car and the plane will merge. I just don’t know when it’s going to happen, but it will happen.”…
King Charles II will address Canada’s Parliament on Tuesday, a rare gesture that comes as Canada grapples with tariffs and annexation threats by President Trump.The British monarch, who formally serves as Canada’s head of state, arrived in the capital of Ottawa on Monday, part of a two-day visit that’s widely viewed as a form of pushback against Mr. Trump’s calls to make Canada the 51st state.Why is King Charles speaking to Canada’s parliament?The king is delivering a “Speech from the Throne,” which marks the start of a new session of Parliament after the center-left Liberal Party won last month’s federal…
[KYIV] Russia fired its biggest ever drone barrage on Ukraine, authorities said on Monday, just hours after Donald Trump called Vladimir Putin “CRAZY” and warned Moscow risked new sanctions if it kept up its deadly bombardment.The US president’s efforts to halt the three-year war have failed to extract major concessions from the Kremlin, despite repeated negotiations between officials and several phone calls between him and Russia’s president.For three consecutive nights Russia has pummelled Ukraine with large-scale drone attacks, saturating its air defences and killing at least 13 people on Sunday, officials said.Russia fired “355 Shahed-type drones” including decoys, in the…
Finding the best iPad accessories can seriously upgrade your tablet experience, whether you’re using it to sketch, binge your favorite shows or stay productive on the go. With the right gear, you can customize your iPad setup to match your needs — from a slim folio for iPad that protects your screen to a magic keyboard case that turns it into a full-blown laptop alternative. And if you’re rocking the new iPad Air 11-inch, there are even more tailored options to get the most out of your device.Accessories aren’t just about looks, either. Swapping out worn pencil tips, grabbing a…
SAN FRANCISCO :A bill that requires Apple and Alphabet’s Google to verify the age of users of their app stores could become law this week in Texas, putting the second-most-populous state in the U.S. at the center of a debate over whether and how to regulate the use of smartphones by children and teenagers.Senate Bill 2420 would require app store owners to verify the age of the user of a device, and, if that user is below the age of 18, require parental consent to download apps or make in-app purchases. Utah was the first U.S. state to pass a…
[BANGKOK] Thailand’s Cabinet approved a new framework for enforcement of intellectual property rights as the South-east Asian nation seeks to exit from a US watchlist ahead of tariff talks with Washington. The so-called Thailand Intellectual Property Work Plan has been prepared in coordination with the office of the US Trade Representative, and its adoption should pave the way for Thailand’s removal from the watchlist, Commerce Minister Pichai Naripthaphan told reporters after a Cabinet meeting in Bangkok on Tuesday (May 27). The framework “is a demonstration of Thailand’s determination to solve the problem of intellectual property infringements,” Pichai said, adding the plan will…