German factory orders recover; SoftBank suffers losses after WeWork woes – business live

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German factory orders recover; SoftBank suffers losses after WeWork woes – business live
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Rolling coverage of the latest economic and financial news

Today’s huuuge loss is actually SoftBank’s first quarterly loss in 14 years.\nIt’s a day of reckoning for SoftBank, as Bloomberg puts it: Masayoshi Son is finally disclosing the damage from SoftBank Group Corp.’s bets on WeWork and Uber Technologies Inc.

 

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