BUSINESS

7-Eleven Owner Restructures To Fight Takeover

7-Eleven is the world's biggest convenience store chain
The owner of 7-Eleven announced a major restructuring on Thursday as it seeks to boost its share price and fend off what would be the biggest foreign takeover of a Japanese firm.
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Southeast Asian leaders will hold summit talks Thursday with Chinese Premier Li Qiang, with the disputed South China Sea on the agenda

Sea Row On The Menu As ASEAN Leaders Meet China's Li

Southeast Asian leaders will hold summit talks Thursday with Chinese Premier Li Qiang, with the disputed South China Sea on the agenda after months of escalating clashes between Beijing's vessels and Philippine and Vietnamese fishermen.
The Fed voted to cut rates by 50 basis points last month

Fed Minutes Highlight Divisions Over Rate Cut Decision

The US Federal Reserve's rate-setting committee was divided during interest rate deliberations last month, although most members ultimately voted for a half percentage-point cut, according to minutes of the meeting published Wednesday.
Co-Founder of Google DeepMind, Demis Hassabis shared the Nobel chemistry accolade with Americans David Baker and John Jumper

AI Steps Into Science Limelight With Nobel Wins

For long periods of its history, artificial intelligence has lurked in the hinterland of science, often unloved and unfunded -- but two Nobel prizes in one week suggest its time in the sunshine has finally arrived.
The US Department of Justice has said it would demand that Google make profound changes to how it does business

US Weighs Google Breakup In Landmark Trial

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal monopoly.
Shortly after the strike started last month, Boeing Co. workers and supporters set up a striking station outside the manufacturing facility in Renton, Washington

Boeing Suspends Negotiations With Striking Workers

Boeing on Tuesday suspended negotiations with its striking workers as it accused the International Association of Machinists and Aerospace Workers (IAM) of making unreasonable demands and withdrew its offer.

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