Headline Details

SoftBank sees $8.4 billion net loss on WeWork writedown

Published on: Thu, 30 Apr 2020 0:10:32 UTC
News Agency: Reuters
Description:
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Trump's plan to replace Ginsburg an abuse of power, says Biden BBC
Tadej Pogacar wins Tour de France to make history for Slovenia CNN
Protesters in Thailand using 'Hunger Games' sign to demand reform CNN
Iran vows 'crushing response to US bullying' after sanctions announcement BBC
Egypt tomb: Sarcophagi buried for 2,500 years unearthed in Saqqara BBC