December 19, 2025 – Tokyo & North America – 7-Eleven Inc., the North American convenience store arm of Japan-listed Seven & I Holdings Co Ltd, announced that long-serving Chief Executive Officer Joe DePinto will retire after 20 years at the helm. The company confirmed that Stan Reynolds, current President, and Doug Rosencrans, Executive Vice President

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December 18, 2025 – Dubai, UAE – Abu Dhabi National Oil Company (ADNOC) has secured $11 billion in structured financing to support future gas production from its Hail and Ghasha development projects. The deal, involving 20 global and regional banks, is structured as a pre-export finance (PXF) model, enabling ADNOC to monetize future gas output

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December 18, 2025 – Prague, Czech Republic – The European Union risks losing its competitive edge to China and the United States if it continues to pursue ambitious climate targets without reconsideration, Czech Industry and Trade Minister Karel Havlicek warned. The minister called on EU allies to reconsider the bloc’s next-generation emissions trading scheme (ETS2),

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December 18, 2025 – Berlin, Germany – Germany has officially launched its €30 billion ($35.2 billion) Deutschlandfonds, a major initiative designed to mobilize private capital for investments in energy transition, technology innovation, and industrial modernisation. Coordinated by the German finance and economy ministries and implemented through the state-owned KfW development bank, the fund aims to

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December 19, 2025 – Tokyo, Japan – JERA, Japan’s largest power generator, has secured a 15-year government subsidy to cover the price gap between ammonia and coal, supporting its plans to begin importing low-carbon ammonia from a new U.S. facility in 2029. This move aligns with Japan’s broader energy strategy to reduce carbon emissions and

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December 19, 2025 – Washington, D.C. – Boeing Co. (BA) has formally requested a Federal Aviation Administration (FAA) waiver to bypass upcoming airplane emissions rules, allowing the company to sell an additional 35 Boeing 777F freighters before the next-generation 777-8 Freighter enters service. The move comes as Boeing faces strong global demand for cargo aircraft

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December 20, 2025 – New York & Bengaluru – Dina Powell McCormick, the former deputy national security adviser under President Donald Trump, has resigned from the board of directors at Meta Platforms Inc. (META), effective immediately. Her departure comes just eight months after joining the board, signaling a shift in her role at the social

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December 20, 2025 – Wilmington, Delaware – In a landmark ruling, the Delaware Supreme Court restored Elon Musk’s controversial 2018 pay package from Tesla, Inc., nearly two years after a lower court struck it down. The 2018 compensation plan, initially valued at $56 billion, is now worth approximately $139 billion due to the rise in

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December 19, 2025 – Washington, D.C. – In a landmark move aimed at reducing the cost of prescription medicines for Americans, U.S. President Donald Trump announced agreements with nine leading pharmaceutical companies to significantly cut drug prices for Medicaid beneficiaries and cash-paying patients. The deal represents a major step in Trump’s ongoing effort to align

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The British pound reached its highest level against the Japanese yen since 2008 on Friday, as traders reacted to the Bank of Japan (BoJ) rate hike while largely overlooking the interest rate divergence between the UK and Japan. Meanwhile, sterling remained steady against the U.S. dollar and the euro, following an expected rate cut by

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