Author: Multibagger News

7-Eleven Parent Company Reclassified as Core to Japanese National Security: What This Means for Investors By Makiko Yamazaki Introduction: Understanding the Reclassification of Seven & i Holdings In a move that has captured the attention of the financial world, Japan’s finance minister has reassured investors that the reclassification of Seven & i Holdings (the parent company of 7-Eleven) as "core" to Japanese national security will not hinder potential buyouts. This comes in the wake of speculation that the change might be a defensive strategy against a takeover bid from Canada’s Alimentation Couche-Tard. Key Insights from Japan’s Finance Ministry Finance Minister…

The Ultimate Guide to Understanding the Impact of the U.S. Dollar’s Expected Easing Cycle on Global Markets As the dollar trades near its yearly lows, anticipation is high for the start of a potential U.S. easing cycle with a possible outsized rate cut. The euro remains strong at $1.1123, while the yen hovers around 140.77 after a brief spike. Fed funds futures are now pricing in a 67% chance of a 50 basis point rate cut, up from 30% just a week ago. Macquarie strategists predict a dovish tone from the Fed, which could lead to weakening of the USD…

EssilorLuxottica and Meta Platforms: Pioneering the Future of Smart Eyewear EssilorLuxottica Extends Partnership with Meta Platforms to Revolutionize Smart Eyewear EssilorLuxottica, the global leader in the design, manufacture, and distribution of ophthalmic lenses and eyewear, announced on Tuesday their decision to extend their groundbreaking partnership with Meta Platforms (NASDAQ: META). This strategic collaboration aims to push the boundaries of smart eyewear development well into the next decade. EssilorLuxottica CEO Francesco Milleri expressed his enthusiasm, stating, "The incredible work we’ve done with Meta, still in its early stages, has already proven to be an important milestone in our journey to making…

Investment Manager’s Insider Report: London’s Luxury Property Market Cooling Amid Tax Increase Fears In the latest update from London’s luxury property market, high earners are showing caution as concerns mount over potential tax hikes by the new centre-left government. According to property data firm LonRes, sales of prime central properties in London have dipped by 7.5% compared to the same period last year, while new sales instructions have seen an 8.1% increase. The average selling price for prime properties has also dropped by 4.2% year-on-year. The post-election market bounce in July was short-lived, with attention now focused on potential tax…

Rupert Murdoch’s Succession Drama: Inside the Battle for Control of a Media Empire – What Investors Need to Know By Dawn Chmielewski LOS ANGELES (Multibagger) – The high-stakes battle over the control of Rupert Murdoch’s global television and publishing empire takes center stage today in a Reno, Nevada courtroom. Here, a judge will delve into the contentious issue of succession that could reshape the future of media giants Fox News and News Corp. Murdoch, now 93, seeks to amend the terms of the family trust that holds substantial stakes in both Fox News’ parent company, Fox, and the Wall Street…

Title: Amazon Announces Prime Big Deals Day: Everything You Need to Know As the world’s best investment manager and financial market journalist, I am thrilled to bring you the latest news about Amazon’s upcoming sales event, “Prime Big Deals Day,” set to take place on October 8-9. This event, similar to Prime Day, will offer exclusive deals for Prime Members every five minutes in countries around the world, including the U.S., Australia, Brazil, Canada, France, Germany, and more. In addition to the incredible deals, Amazon has also prepared a holiday gift guide for shoppers to make the most out of…

By Gloria Dickie Exciting Updates from Azerbaijani Leadership Ahead of COP29 Summit Revealed – Exclusive Insights! Less than two months away from the highly anticipated COP29 United Nations Climate Summit, Azerbaijani leadership unveiled their groundbreaking plans on Tuesday, setting the stage for a potential game-changer in global climate finance. At the heart of the upcoming summit lies the crucial task of establishing a new annual financing target that wealthier nations will contribute towards assisting developing countries in combating climate change. This pivotal issue has been a sticking point in negotiations, with many developing countries citing the need for increased financial…

"U.S. Stockpiles Cost-Effective Anti-Ship Missiles to Counter China: What This Means for Your Portfolio" By Gerry Doyle and Mike Stone SINGAPORE (Multibagger) – The United States is ramping up its arsenal of affordable and easily manufactured anti-ship weapons in a strategic move to deter China in the Indo-Pacific region. This pivot, driven in part by the lessons learned from Russia’s invasion of Ukraine, signifies a shift towards a philosophy of "affordable mass," as one missile industry CEO put it. The Shift Toward Affordable Mass This new strategy aims to counter China’s vast array of ships and conventional ballistic missiles designed…

Title: “Dollar/Yen Pair in Focus as Fed Expected to Begin Easing Cycle – Market Analysis by Tom Westbrook” As the world’s best investment manager and financial market journalist, I bring you a detailed look at the day ahead in European and global markets. Tokyo traders have returned from a holiday weekend, with the dollar/yen pair and the 140 milestone taking center stage this week. Market pricing for a Fed rate cut is on the rise, with potential impacts on the yen’s performance. The yen has experienced significant gains recently, and further movement is expected if influenced by the Fed or…

France Leads Global Effort to Crack Down on Tech Titans with Tough New Law By Gabriel Stargardter Paris prosecutors have set their sights on Telegram CEO Pavel Durov, leveraging a groundbreaking new law to target tech giants enabling illegal activities on their platforms. The LOPMI law, implemented in January 2023, positions France at the forefront of countries taking a stricter approach towards crime-infested websites. However, the law’s effectiveness remains untested as prosecutors have yet to secure a conviction. Despite the law being uncharted territory in the legal system, a French judge recently placed Durov under formal investigation for various crimes…