Bloomberg Business

Seven & I Says ValueAct’s Proposal Risks Destroying Value

Activist fund ValueAct Capital Management LP’s proposal to appoint four new directors for Seven & i Holdings Co. risks destroying shareholder value, the company said in presentation materials released on Tuesday.

Japan Bomb Suspect May Have Held Grudge Over Election System

The man suspected of throwing an explosive device at Japanese Prime Minister Fumio Kishida may have nursed a grudge against the election system and the ruling party’s ties to a fringe religion, local media reports said.

China Minister Lauds Putin for ‘Promoting World Peace’

China’s defense minister congratulated Russian President Vladimir Putin for “promoting world peace,” underscoring the warm relations between the two nations more than a year after Moscow’s invasion of Ukraine sparked Europe’s biggest conflict since World War II.

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