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World told Afghan women it had their backs; it doesn’t

Lead afghan women copy

Do senior officials from the US, China and Russia really plan to keep talking to the Taliban as if its fighters are not murdering civilians — including female activists — across Afghanistan, attacking schoolgirls and telling women they cannot leave the house without a man to accompany them? Plenty of governments seem happy to break bread with Taliban negotiators since ...

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It’s time for SoftBank to stop ‘buying’

Softbank robot world 2019 in tokyo

SoftBank Group Corp’s prolific spending on startups and listed companies underpins founder Masayoshi Son’s entire strategy, driving both earnings and share price. But such massive outlays have forced its balance sheet into a hole that suggests the only way out is to start selling. Net income at the Japanese company dropped 39% for the June quarter, while profit at its ...

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Can Moderna buy its way into $200bn club?

Moderna Inc’s highly effective Covid vaccine, in addition to protecting millions, is officially a cash cow. The company disclosed during its earnings presentation that it expects the shot to generate $20 billion in sales this year. Now it has to figure out what to do with its windfall as it tries to justify a market valuation that has surged by ...

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