Despite UK government pressure, Masayoshi Son tells SoftBank shareholders that the Nasdaq remains his “favourite”...

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Owner of UK chip designer Arm says London still in running for flotation

CEO of SoftBank Group Masayoshi Son has been lobbied to bring public offering to the UK but says Nasdaq still his ‘main preference’The Japanese owner of the British chip designer Arm has said...

Japan’s SoftBank Group Favours Nasdaq for Arm Listing

No decision has been made on where Arm might list. But Masayoshi Son is undaunted by the hit SoftBank has taken due to tech crackdowns in China, the war on Ukraine and rising rates. The post...

Masayoshi Son's Eternal Optimism Can See Past SoftBank's Sliding Share Price

Masayoshi Son's Eternal Optimism Can See Past SoftBank's Sliding Share Price  Bloomberg

Sanofi says COVID-19 vaccine candidate yields positive trial data

PARIS - Sanofi (NASDAQ:SNY)'s COVID-19 vaccine candidate, which is modelled on the virus's Beta antigen, delivered 72% efficacy in adults against the Omicron strain, the French drugmaker said on...

KKR Greater China head steps down to take adviser role

HONG KONG - Paul Yang, partner and head of Greater China at KKR & Co (NYSE:KKR), has recently stepped down to take an adviser role with the private equity firm, two people familiar with the...

Exclusive: Phillips 66 made renewable fuels without proper permits

By Laura Sanicola - California regulators allege that U.S. refiner Phillips 66 (NYSE:PSX) improperly began processing renewable diesel in a unit at its Rodeo, California refinery, the company...

E.ON's CEO says Germany should boost domestic gas production

BERLIN - Germany should explore all options to increase domestic natural gas output including fracking, the chief executive of German energy provider E.ON's said, as Berlin triggered the "alarm...

Asian Stocks Up as Investors Evaluate Economic Outlook

By Zhang Mengying Investing.com – Asia Pacific stocks were up on Friday morning as investors evaluated the economic outlook and interest rates hike expectations. The policy-sensitive US two-year...

Nasdaq listing most likely for Arm

TOKYO - SoftBank Group Corp's founder and Chief Executive Masayoshi Son on Friday reiterated that the Japanese conglomerate was most likely to list chip designer Arm on Nasdaq while stressing no...

Nasdaq listing most likely for chip designer Arm, says SoftBank's Son

SoftBank Group Corp's founder and Chief Executive Masayoshi Son on Friday reiterated that the Japanese conglomerate was most likely to list chip designer Arm on Nasdaq while stressing no final...

SoftBank's Son says Nasdaq listing most likely for chip designer Arm

SoftBank Group Corp's founder and Chief Executive Masayoshi Son on Friday reiterated that the Japanese conglomerate was most likely to list British-based chip designer unit Arm on Nasdaq,...

SoftBank overseas business chief exits in latest churn

By Sam Nussey TOKYO -Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who...

Analysis: SoftBank's Vision Fund 2 invested $9.9B across 52 deals in Q1 2022, compared to $9.9B across 49 deals in...

When SoftBank announced last month it will take a more conservative approach to selecting investments—after recording a $27.7 billion loss on its Vision Fund business segment for its fiscal...

SoftBank’s Startups Insist The Bruised Investor Still Expects Growth Despite The Economic Downturn

After gorging on a record 183 deals last year, Masayoshi Son’s SoftBank has come down to earth amid deteriorating economic conditions that have erased billions of dollars from the valuations of...

Glass Lewis opposes lawyer election to SoftBank board for second year

By Sam Nussey TOKYO - Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to the board of directors for a second consecutive...

SoftBank Lost $13.2 Billion on Tech Investments Amid Selloff

SoftBank lost $13.2 billion in its last fiscal year. The company will cut back its pace of new investments. The world is in a "chaotic situation," says SoftBank CEO Masayoshi Son. The group is one...

SoftBank Loses $26 Billion on Tech Investments Amid Selloff

SoftBank Group Corp. reported an enormous $26.2 billion loss on its big portfolio of technology companies in the first three months of the year. The company took a record annual loss for the...

SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet

SoftBank's Vision Fund posted a 3.5 trillion yen loss, the biggest loss since the investment fund began in 2017. Global markets have been in turmoil as investors contest with rampant inflation and...

SoftBank’s Funds Post $27 Billion Loss on Plunging Tech Investments

SoftBank says it lost about $27 billion in its two Vision Funds for the year that ended in March. Many of the major tech companies it invests in have struggled under rising inflation, concerns...

SoftBank reports record $27.5 billion loss on crashing tech stocks

Hong Kong SoftBank's mega tech funds lost more than $27 billion in the last fiscal year. The world's biggest tech investor said Thursday that its Vision Funds had recorded a loss of 3.5 trillion...

London set to miss out on another hot tech listing as SoftBank eyes U.S. for Arm IPO

The firm will likely be publicly listed on the tech-focused Nasdaq stock market within the fiscal year ending March 31, 2023. The U.K. wants its biggest and best tech companies to list on home...

SoftBank Pitches IPO for Arm After Deal With Nvidia Falls Through

SoftBank Pitches IPO for Arm After Deal With Nvidia Falls Through. Antitrust concerns scrap sale of chip designer that could have brought $80 billion to Japanese tech investor. CEO Masayoshi Son...

Masayoshi Son and Marcelo Claure: inside the expensive divorce at SoftBank

For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news and opinion. MyFT – track the topics most important to you and share up to 10 articles a month...

Japan stocks up 2%, Asia-Pacific markets close mixed after volatile session on Wall Street

Japan stocks up 2%, Asia-Pacific markets close mixed after volatile session on Wall Street. Nikkei 225 in Japan gained around 2.09% to close at 26,717.34 after falling nearly 3% on Thursday....

SoftBank COO Marcelo Claure is leaving after a reported pay dispute

Marcelo Claure, chief operating officer of SoftBank Group, is leaving. The exit comes after a fallout with founder and Chief Executive Masayoshi Son over his pay, a person familiar with the matter...

SoftBank confirms departure of COO Marcelo Claure, names new CEO for international unit

Japanese conglomerate SoftBank Group confirmed Friday that its Chief Operating Officer Marcelo Claure is leaving the company. CNBC reported Thursday that Claure was going to resign from the...

SoftBank COO in Talks to Leave After Clash Over Compensation

SoftBank Group Corp. Chief Operating Officer Marcelo Claure is in advanced negotiations to leave the Japanese conglomerate. Claure clashed with founder Masayoshi Son over his compensation and...

A Top SoftBank Executive Wants $2 Billion in Pay. His Boss Disagrees

A Top SoftBank Executive Wants $2 Billion in Pay. His Boss Disagrees. The SoftBank founder, Masayoshi Son, is locked in a dispute over compensation that his key deputy, Marcelo Claure, insists he...

Warren Buffett-backed Paytm stumbles on first day of trading after launching milestone IPO for India

Paytm started trading on the BSE, also know as the Bombay Stock Exchange, on Thursday. Its initial performance was shaky: The stock started trading at 1,955 rupees ($26) per share, below the 2,150...

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