SoftBank eyes $16.7bn investment loss at Vision Fund
TOKYO -- SoftBank Group expects to book a loss of 1.8 trillion yen ($16.7 billion) on the value of its...
Day: April 13, 2020
Vietnam Air to unload stake in Cambodia carrier to secure cash
HANOI -- Vietnam Airlines looks to sell its 49% interest in state-run Cambodia Angkor Air as service cuts spurred by the...
Teen spending hits lowest point in nearly a decade as coronavirus concerns grow
Dive Brief: Teens tightened their budgets this spring as the coronavirus worsened and more people self-quarantined. Self-reported spending for the...
China food chains eat humble pie after anger at price rises
SHANGHAI - Two Chinese restaurant operators have apologized after a customer backlash over recent price increases, highlighting the difficulty that...
Campaign Trail: Trade Coffee’s remotely produced ad embodies creativity in crisis
Campaign Trail is our analysis of some of the best and worst new creative efforts from the marketing world. View...
The businesses keeping Britain’s economy running during lockdown
While most of the country spent the Easter weekend relatively safely at home in lockdown, millions were at work. Many...
CNN acquires Canopy, maker of personalized news app Tonic
Dive Brief: Media company CNN will acquire Canopy, which developed the Tonic news-reader app, in a deal where terms were...
Nathan’s Famous upgrades tech, adds geotargeting and digital ordering
Dive Brief: Nathan's Famous is revamping its focus on technology in a move to create more targeted ads, support daily...
Japan to roll out contact detection app for coronavirus
TOKYO -- The Japanese government has developed a smartphone app that enables users to check if they have possibly encountered someone...
China’s central bank ups stake in India’s biggest mortgage lender
NEW DELHI -- The People's Bank of China, China's central bank, has raised its stake in Housing Development Finance Corp.,...
