Softbank 'anxiously' monitoring Saudi Arabia situation: executive
Tuesday, 16 October 2018 Softbank Group Chief Operating Officer Marcelo Claure said on Tuesday it is "business at usual" at companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the fund's capital.
SoftBank Group Corp saw its shares drop on Monday as fallout from the disappearance of a Saudi journalist spread to the Japanese conglomerate, whose nearly $100 billion Vision Fund is almost half financed by Saudi Arabia. As Laura Frykberg reports, the oil-rich kingdom has found itself threatened...
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Jeff Bezos beat the National Enquirer when he announced his marriage was ending. According to Gizmodo, the publication was going to write an expose of Bezos having an affair. Bezos then revealed that..