Business / Corporate Oct 5, 2018
Twenty years in the making: The backstory behind the new Toyota-SoftBank joint venture
by Cory Baird
Appearing together at news conference on Thursday in Tokyo, Toyota Motor Corp. President Akio Toyoda and SoftBank Group Corp. Chairman Masayoshi Son recounted an episode 20 years prior that put the two at loggerheads over a proposed business venture. Fast forward 20 years and the ...
Business Sep 2, 2018
Saudi sovereign fund appoints former Dow Chemical CEO Andrew Liveris as special adviser
In its highest-profile appointment of any global manufacturing executive, Saudi Arabia's sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser. Liveris will work closely with the Public Investment Fund (PIF) on matters of strategic importance, ...
Business / Corporate Aug 27, 2018
Rakuten details carrier plan to reposition against Amazon and SoftBank
by Pavel Alpeyev and Yuki Furukawa
E-commerce giant Rakuten Inc. is offering a glimpse into its ambitious plan to build a cutting-edge wireless network to take on Masayoshi Son's SoftBank Group Corp., stay in the lead in mobile payments and win back market share from Amazon.com Inc. The new mobile business, ...
Business / Corporate Feb 8, 2018
SoftBank Group Corp. CEO Masayoshi Son is warming to an industry that's long been a favorite of billionaires looking to diversify their business empires. SoftBank could purchase as much as a third of Swiss Re AG, one of the world's largest reinsurers, according to people ...