Shares of Japan’s Seven & i Holdings plummeted 12.44% after the founding family failed to secure financing for a buyout of the convenience store operator, resulting in a $5 billion loss in market cap. The management buyout plan, reported to be worth over $53.69 billion, was abandoned following this development, as per Yomuiri newspaper.
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A London council faces potential legal action from Christian Concern over its plans to display trans-inclusive Pride flags on Regent Street from June 22 to July 17, arguing the flags promote divisive ideologies. The council maintains that the flags celebrate diversity and align with the city’s cosmopolitan values, while critics claim they undermine traditional beliefs about gender. Need More Context? 🔎
Read morePrime Minister Mark Carney's campaign promise to "build big, build bold" is reflected in upcoming legislation aimed at fast-tracking major federal projects, which is expected to pass the House of Commons despite opposition from some Indigenous groups. On June 17, 2025, a rally against Bill C-5 took place on Parliament Hill in Ottawa, highlighting ongoing tensions regarding the legislation. Need More Context? 🔎
Read moreDozens of US military aircraft have disappeared from the tarmac at Al Udeid Air Base in Qatar, likely to protect them from potential Iranian air strikes amid escalating tensions. The US embassy has restricted access to the base while President Trump deliberates on military intervention in the conflict, raising concerns about the vulnerability of US forces in the region. Explain It To Me Like I'm 5: The US moved a lot of its planes away...
Read moreDozens of US military aircraft have reportedly been moved from Al Udeid base in Qatar, possibly to protect them from potential Iranian air strikes as tensions rise between Iran and Israel. Satellite images indicate a significant reduction in visible aircraft, prompting the US embassy to limit access to the base and advise increased vigilance among personnel. Explain It To Me Like I'm 5: The US moved many of its planes from a base in Qatar...
Read moreLionel Messi scored a stunning free kick to secure a 2-1 victory for Inter Miami against Porto, moving the team closer to qualifying for the FIFA Club World Cup. After trailing at halftime, Telasco Segovia equalized before Messi's winner, prompting praise from coach Javier Mascherano for the team's ability to compete against elite opponents. Need More Context? 🔎
Read morePavel Durov, the founder of Telegram, revealed in an interview that he has fathered over 100 children, all of whom will inherit his $13.9 billion fortune, but not for 30 years. He emphasizes the importance of self-reliance for his children and denies charges from French authorities alleging that Telegram is used for criminal activities. Need More Context? 🔎
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