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TOKYO (Reuters) - SoftBank Corp CEO Ken Miyauchi said on Tuesday WeWork's Japanese business can become profitable "in the near future".
WeWork Japan, a joint venture between the office-space sharing startup, telco SoftBank Corp and its parent SoftBank Group Corp (T:9984), is growing well with high occupancy rates, executives said at a news conference.
SoftBank Group was forced to bail out U.S-based WeWork after its IPO attempt flopped and is leading a restructuring at the money-losing firm.
Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Telecoms Services, IT and Consumer Discretionary sectors led shares higher. At the close...
(Reuters) - European shares edged lower at the open on Tuesday as value stocks struggled to extend a bounce from the start of the week, with investors cautiously waiting for key...
By Peter Nurse Investing.com - European stock markets edged lower Tuesday in cautious trading ahead of the release of key U.S. inflation data as well as rising geopolitical...
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