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SoftBank to tap global bond investors

Bloomberg SoftBank Group Corp. is getting ready to return to overseas debt markets for the second time in two months after issuing $4.5 billion in dollar-denominated subordinated notes in July. Headed by billionaire Masayoshi Son, SoftBank is accelerating deal-making around the world, and has been in discussions to combine its US wireless operator Sprint Corp. with a potential partner. The ...

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Hong Kong’s dual class shares get Mobius backing

Bloomberg Mark Mobius has given his blessing to a new venue that would permit dual-class shares. Hong Kong Exchanges & Clearing Ltd.’s plan that would allow dual-class companies to list at a bourse away from the city’s main exchange “is probably the answer,” said Mobius, executive chairman at Templeton Emerging Markets Group. “People can make a choice, if they don’t ...

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Irma strikes Florida as $200 billion threat

Bloomberg Hurricane Irma smashed into Florida as a powerful Category 4 storm, driving a wall of water and violent winds ashore and marking the first time since 1964 the U.S. was hit by back-to-back major hurricanes. The eye of the storm moved over the lower Florida Keys at about 9 a.m. on Sunday with top winds of 130 miles (209 ...

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