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Masayoshi Son just dialed up a wrong number

Masayoshi Son is a man of grand ambitions. But his dream of raising $30 billion in an initial public offering of his Japanese mobile-phone company may be a stretch. SoftBank Group Corp is seeking a valuation of about $90 billion for its domestic wireless business and is speaking to advisers about selling a third of the unit, Giles Turner, Ruth ...

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Fund giant sees $21bn exit. Could be worse

In the year since melding two companies to create an asset management company with sufficient heft to compete globally, Standard Life Aberdeen Plc shares have lost almost a quarter of their value. Imagine how much worse life might have been without that merger. Standard Life suffered net outflows of 16.6 billion pounds ($21.5 billion) in the first half, it said ...

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China’s gas tariffs are a Permian-size problem

Energy dominance sure does seem to come with a hefty dose of self-flagellation. The latest bit of America’s energy sector to feel the over-the-shoulder lash is the liquefied natural gas-export business. LNG joined the list of goods that China will hit with tariffs in retaliation for US ones. This is problematic when you consider China has taken 13 percent of ...

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