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TOKYO (Reuters) -Two independent directors of Japan’s Seven & i Holdings have resigned, the convenience store operator said on Wednesday, as it rejigs its management in the face of a $47 billion takeover bid from Canada’s Alimentation Couche-Tard. Jenifer Rogers and Elizabeth Meyerdirk resigned effective on Tuesday “at the request of the persons concerned”, the …

Seven & i’s management reshuffle continues as two independent directors resign Read More »

By Scott Murdoch SYDNEY (Reuters) -The Australian Securities Exchange (ASX) is considering allowing dual-class shares to be listed for the first time as the exchange operator and the corporate regulator try to revive the nation’s lacklustre listings market, an ASX executive said. ASX’s group executive of listings, Blair Beaton, said dual-class shares are not allowed …

Australia considers allowing dual-class share listings, exchange executive says Read More »

By Renju Jose SYDNEY (Reuters) -Australia will not impose reciprocal tariffs on the United States, Prime Minister Anthony Albanese said on Wednesday, after President Donald Trump ruled out exemptions or exceptions for all countries on steel and aluminium tariffs. Trump said in February he would “give great consideration” to exempting Australia from the tariffs in …

Australia rules out reciprocal move on US after Trump proceeds with steel tariffs Read More »

NEW YORK (Reuters) -The United States must expedite its development of fusion energy or risk falling behind China on energy dominance, said Virginia Governor Glenn Youngkin at the CERAWeek energy conference in Houston on Tuesday. Virginia is home to the world’s biggest hub of energy-hungry data centers, with about 70% of the world’s internet traffic …

Virginia governor say US must develop fusion or fall behind China on energy Read More »

By Jeff Mason and Abhirup Roy WASHINGTON (Reuters) -Violence against Tesla dealerships will be labeled domestic terrorism and perpetrators will “go through hell,” U.S. President Donald Trump said on Tuesday in a show of support for the electric carmaker’s chief, his ally Elon Musk.  Shares of the automaker closed nearly 4% higher on Tuesday, rebounding …

Trump says violence against Tesla is domestic terrorism Read More »

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks fell on Tuesday, adding to the biggest selloff in months, as investors worried about the impact of the latest tariff threats on the global economy. Trading was volatile, following conflicting tariff updates, while progress toward a ceasefire between Ukraine and Russia briefly lifted equities. The S&P 500 …

Stocks fall, adding to biggest selloff in months on economic fears Read More »

By Tom Hals WILMINGTON, Delaware (Reuters) – Elon Musk kicked off his appeal to try to restore his $56 billion payday from Tesla on Tuesday, claiming a lower court judge made multiple legal errors in rescinding the record compensation. The 2018 pay package resulted in spectacular growth for the electric vehicle maker and yet it …

Musk launches appeal to restore $56 billion Tesla payday Read More »