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SoftBank, PayPay Eye Stake in Seven & i to Deploy AI, Robots at 7-Eleven
SoftBank and PayPay consider investing several hundred billion yen in Seven & i Holdings to deploy AI and robots at 7-Eleven stores. Sumitomo Mitsui Card may also join the deal.
DBS Hits S$70.45 as Singapore Banks Rally to Record Highs on July 11
DBS stock surges past S$70 for the first time on July 9 as Singapore banks hit record highs. Macquarie upgrades DBS and UOB to outperform on improved interest rate environment and strong earnings momentum.
BAE Systems Explores AI Combat Control for Typhoon Fighter Jets
BAE Systems tests new cockpit system allowing Eurofighter Typhoon pilots to command multiple uncrewed combat drones with minimal workload increase, advancing collaborative air warfare.
Trump Administration Weakens 401(k) Worker Protections, Opens Door to Risky Investments
Trump administration weakens 401(k) protections to allow riskier investments. Workers lose right to hold employers accountable for mishandled retirement savings.
Vodafone’s Biggest Shareholder Becomes Xavier Niel After £4.4bn Stake Purchase From E&
Vodafone Group has a new largest shareholder after a £4.4 billion stake purchase. French billionaire Xavier Niel, through his acquisition vehicle Vega, will buy e&’s entire holding in Vodafone. The deal covers roughly 16.21% of Vodafone’s issued share capital at 112.5 pence per share. That price marks a 13% premium to Vodafone’s last close of…
Nikkei 225 Rises 1.20% to 68,557 as U.S. Semiconductor Rally Offsets ETF Redemption Selling
On July 10, 2026, Japan’s Nikkei 225 climbed 1.20% to 68,557 after another strong session for U.S. semiconductor stocks lifted sentiment across Asian markets. Chipmakers drove most of the gains as Wall Street’s technology rally continued on growing demand for artificial intelligence. Even so, ETF redemption-related selling trimmed part of the market’s early advance. Below…
China Shoe Factory Fire Kills 28 in Fujian; Xi Orders Accountability
Fire at Huiteng shoe factory in Jinjiang, Fujian kills 28 workers. 213 evacuated, factory owner detained. Xi Jinping demands investigation and accountability for China’s deadliest industrial fire in years.
Apollo Global (NYSE: APO) to Acquire easyJet (LON: EZJ) in £5.7 Billion ($7.7 Billion) Deal
Apollo Global has agreed in principle to acquire easyJet for £5.7 billion. The deal values the UK budget carrier at £7.15 per share, roughly $7.65 billion in total. Apollo Global’s offer beats a rival £6.90 per share bid from Castlelake, agreed just five days earlier. EasyJet shares jumped as much as 15% on July 10,…
e& to Sell 16.3% Vodafone (LON: VOD) Stake for $5.95 Billion at 13% Premium
e& has agreed to exit its entire Vodafone stake for $5.95 billion. The UAE telecoms group will sell roughly 16.3% of Vodafone Group to a vehicle backed by French billionaire Xavier Niel. The deal prices shares at 112.5 pence each, a 13% premium to Vodafone’s last close of 97.76 pence. e& will also pocket a…