Press Digest: Wall Street Journal - May 26

Ferrari NV

26/05/2026 06:20

May 26 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Seven & I Holdings 3382.T former chairman Toshifumi Suzuki, who transformed 7-Eleven into a global phenomenon, died from heart failure at 93.

- Uber Technologies UBER.N made a 10 billion euro ($11.63 billion) takeover approach for Delivery Hero DHER.DE, the German company said, in a move that signaled continued appetite for deals in the food-delivery industry.

- Venture capitalist John Doerr believes generative artificial intelligence is the “biggest tsunami” of innovation, calling it the “biggest thing ever.”

- Europe’s most valuable automaker Ferrari RACE.MI unveiled its first all-electric model, the Luce, designed with Jony Ive, priced at $640,000. The Luce will be among the most expensive Ferraris that aren’t part of a limited production run.

- CVC Capital Partners CVC.AS and Groupe Bruxelles Lambert GBLB.BR said they teamed up to launch an offer to take Recordati RECI.MI private with a bid that values the Italian drugmaker at 10.73 billion euros ($12.48 billion).

($1 = 0.8598 euros)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))