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7-Eleven owner shares plunge as family buyout fails
7-Eleven owner shares plunge as family buyout fails
Business and Economy
by  AFP

Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its founding family failed to put together a white-knight buyout. - 'Grossly undervalued' - With around 85,000 outlets, 7-Eleven is the world's biggest convenience store brand.

Trump ends Chevron permit in major blow to Venezuela
Trump ends Chevron permit in major blow to Venezuela
Business and Economy
by  AFP

US President Donald Trump said Wednesday he was revoking permission for oil giant Chevron to operate in Venezuela, a major blow to the wobbly economy run by leftist adversary Nicolas Maduro. Former president Joe Biden in 2022 eased sanctions and gave Chevron permission to operate in Venezuela in return for a promise by Maduro to allow fair elections.