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United Kingdom

Sam Nussey

Dentsu's shares slide to seven year lows on Olympics cancellation fears

26 Feb 2020

TOKYO Dentsu Group Inc's shares slid for a sixth day to seven year lows on Wednesday, with the spread of the coronavirus raising worries that the Olympic Games in Tokyo will be cancelled and bring pain for Japan's largest ad agency.

UPDATE 3-Dentsu's shares slide to 7 year lows on Olympics cancellation fears

26 Feb 2020

* HQ employee diagnosed with coronavirus on Tuesday (Updates with closing share price)

Global telcos join Alphabet, SoftBank's flying cellphone antenna lobbying effort

21 Feb 2020

TOKYO Alphabet and SoftBank's attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energizing lobbying efforts aimed at driving regulatory approval for the emerging technology.

SoftBank to borrow $4.5 billion pledging domestic telco's shares

19 Feb 2020

TOKYO SoftBank Group Corp said on Wednesday it plans to borrow up to 500 billion yen ($4.5 billion) from 16 domestic and foreign financial institutions using almost a third of its stake in telco SoftBank Corp as collateral.

SoftBank profit wiped out by Vision Fund losses, second fund scaled back

13 Feb 2020

TOKYO Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at its $100 billion Vision Fund. | Video

RPT-A stock and a hard place: SoftBank's $150 bln Alibaba warchest in spotlight

13 Feb 2020

TOKYO, Feb 12 SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm's $150 billion stake in e-commerce giant Alibaba, after prominent activist investor Elliott Management called for big buybacks.

A stock and a hard place: SoftBank's $150 billion Alibaba warchest in spotlight

12 Feb 2020

TOKYO SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm's $150 billion stake in e-commerce giant Alibaba , after prominent activist investor Elliott Management called for big buybacks.

SoftBank stock surges to seven-month high after judge OKs Sprint-T-Mobile merger

12 Feb 2020

TOKYO SoftBank Group Corp stock surged to its highest price in over half a year in Tokyo on Wednesday, after a U.S. federal judge rejected an antitrust challenge to the proposed takeover of subsidiary Sprint Corp by T-Mobile US Inc .

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