Results for
softbank
41 Results-
SoftBank shares taper from 20-year highs, down 2.76 percent
Shares in Japanese technology giant SoftBank tapered Wednesday from 20-year highs on Tuesday.SoftBank shares had closed 4.6 percent higher at 6,190 ... Financial Markets -
SoftBank reports $8.9 billion annual net loss amid coronavirus, WeWork
Struggling Japanese conglomerate SoftBank Group on Monday reported an $8.9 billion annual net loss, as the coronavirus pandemic compounded woes caused ... Coronavirus -
Coronavirus: SoftBank’s Son tests state of emergency appetite via Twitter poll
SoftBank Group Corp founder and CEO Masayoshi Son on Friday began polling his Twitter followers over whether a state of emergency should be declared, ... Digital -
Abu Dhabi Crown Prince to oversee building of new Indonesian capital
Indonesia nominated Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan to chair a panel to oversee the construction of a new capital to ease ... Economy -
Japan’s SoftBank tumbles into losses over costly investments
Japanese technology company SoftBank Group Corp. has tumbled into losses for the fiscal second quarter over money-losing investments, including a ... Business -
Softbank CEO Rajeev Misra discusses AI at Future Investment Initiative
Softbank CEO Rajeev Misra discussed artificial intelligence (AI) on Wednesday at the third annual Future Investment Initiative (FII), 2019. "AI ... Technology -
WeWork plans to lay off 4,000 staff: FT
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan’s ... Financial Markets -
WeWork throws in the towel on its ill-fated IPO
WeWork’s parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed ... Economy -
Meet the new chairman of the world’s largest oil company
Saudi Arabia appointed Yassir al-Rumayyan as chairperson of Saudi Aramco on Monday, in a move likely to prepare the oil giant for its planned initial ... Energy -
Mubadala opens NY office to focus on financial services, private equity
Abu Dhabi state investor Mubadala has opened an office in New York, the state fund’s second in the United States, its deputy chairman Waleed ... Economy -
Japan’s Honda, Hino join SoftBank-Toyota mobility venture
Japanese automakers Honda and Hino are joining a partnership between SoftBank and Toyota for mobility service innovation such as self-driving ... Technology -
SoftBank group nine-month net profit soars more than 50 pct
Japan’s SoftBank Group said on Wednesday its net profit jumped more than 50 percent for the nine months to December thanks to strong returns ... Technology -
ACWA plans to make solar panels part of SoftBank $200 billion project
ACWA Power plans to expand into solar panel manufacturing, its chief executive said, in a move which would put the power and water plants developer at ... Economy -
SoftBank mobile unit begins trading in 1 of biggest IPOs
SoftBank Group Corp.’s Japanese mobile subsidiary began trading on the Tokyo Stock Exchange on Wednesday in one of the world’s biggest ... Economy -
Softbank Saudi success story: Beyond Information Revolution
Softbank’s announcement of quarterly operating profits that almost doubled to $6.2 billion, highlights the Saudi contribution to the ... Financial Markets -
SoftBank’s Saudi-backed fund boosts profit
SoftBank Group Corp booked July-September operating profit of 705.7 billion yen ($6.23 billion), helped by higher valuations on high-tech bets by the ... Economy -
Saudi Public Investment Fund says report on Solar Project is inaccurate
In response to claims in recent press reports, a spokesperson for the Public Investment Fund (PIF) said that the Wall Street Journal article titled ... Energy -
Alibaba revenue beats, but investments prolong margin squeeze
Alibaba Group Holding Ltd, China’s biggest e-commerce firm, topped first-quarter revenue estimates on Thursday, but said investments in its food ... Technology -
SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with U.S. firm Altaba to deepen ties with the ... Banking & Finance -
SoftBank joins GM in self-driving car push; GM shares soar
Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on ... Technology -
Japan’s SoftBank to open office in Saudi Arabia, sources say
SoftBank is planning to open a Saudi office, two sources familiar with the matter told Reuters on Tuesday, further strengthening its ties with the ... Economy -
Everything you need to know about the Saudi-SoftBank solar power project
During his US state visit, the Saudi Crown Prince Mohammed bin Salman signed on Tuesday a Memorandum of Understanding with SoftBank CEO Masayoshi Son ... Gulf -
Saudi Crown Prince meets number of American CEOs in New York
Saudi Crown Prince Mohammed bin Salman met in New York on Monday with a number of CEOs and directors of major American companies in which the Softbank ... Economy -
Saudi Arabia’s partnership with Softbank set to support diversified economy
Saudi Arabia and Softbank invested in a recent partnership supporting the Kingdom's Vision 2030, in order to build and boost a diversified ... Economy -
Abu Dhabi’s Mubadala partners Softbank in technology investments
Abu Dhabi investor Mubadala has made 15 to 16 investments in technology firms as part of a partnership with SoftBank Group of Japan, deputy group ... Technology -
$25 bln in SoftBank investments planned for Saudi Arabia projects
SoftBank plans to invest as much as $25 billion in Saudi Arabia over the next three to four years, reported Bloomberg on Wednesday. The Japanese ... Technology -
Didi China president: Our partnership with Softbank will be fruitful
Reports -
SoftBank to work with Saudi Arabia on NEOM mega city
SoftBank Group Corp will work with Saudi Arabia on the development of “Neom”, a new business and industrial city announced on ... Banking & Finance -
Saudi sovereign fund, Softbank plan robotic initiative
Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used more ... Technology -
Three offers raise Uber’s value to $100 billion
Investment groups around the world are scrambling to seize a stake in Uber, the world’s largest passenger services company. The move comes amid ... Technology