Japan’s SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour

TOKYO — Japanese technology company SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour. Tokyo-based SoftBank loss totaled 931 billion yen ($6.2 billion) in the last quarter, a reversal from the 3 trillion yen profit it posted in the same period … Read more

Russia-Ukraine struggle information: Pentagon overestimated $6.2B in Ukraine help

Britain and Ukraine will co-host the two-day Ukraine Restoration Convention in London beginning Wednesday. The occasion, the second since Russia’s invasion, goals to assemble worldwide and private-sector help for Ukraine’s postwar restoration. Finally 12 months’s occasion, Kyiv laid out an formidable $750 billion reconstruction plan. Ukrainian President Volodymyr Zelensky mentioned in his nightly handle that … Read more