Japan’s ruling LDP has chosen veteran politician Shigeru Ishiba as the replacement for outgoing PM Fumio Kishida, marking his fifth and final bid for the position. Ishiba will need to address domestic concerns over rising living costs and navigate a challenging security landscape in East Asia as Japan’s new prime minister, succeeding former defence minister Shigeru Ishiba after winning the ruling party’s leadership vote.
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DoorDash agrees to acquire UK rival Deliveroo
SummaryDoorDash has announced its acquisition of British rival Deliveroo for Stg2.9 billion ($A6 billion) in cash, marking its ongoing international expansion beyond the US, Canada, and Australia. The deal, valued at 180 pence ($A3.70) per Deliveroo share, represents a 29% premium over its closing price before the announcement and follows DoorDash's 2022 acquisition of Wolt Enterprises. After completing this purchase, DoorDash will operate in over 40 markets globally, further solidifying its presence in Europe, Asia,...
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