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SoftBank loses veteran board member as Uniqlo founder exits

Bloomberg Fast Retailing Co Chief Executive Officer Tadashi Yanai is leaving SoftBank Group Corp’s board after more than 18 years as one of the few directors with the heft to challenge Masayoshi Son. Yanai, Japan’s richest man, will step down on December 31, according to a SoftBank statement. He is leaving the post to focus on running his own business, ...

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Serbs unveil spending spree to fuel growth

Bloomberg Serbia will spend almost 14 billion euros ($15.7 billion) through 2025 as the government seeks to double the rate of economic growth, bringing it into line with the European Union and raising living standards. The new investments were announced as the Balkan nation heads for general elections in late April or early May, and President Aleksandar Vucic is eager ...

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Coffee, chemicals, crude fuel hopes for Euro 2020 IPO revival

Bloomberg Equity capital markets bankers won’t be sad to close the door on a miserable 2019 in Europe. Though some of the elements that made for a volatile environment for initial public offerings are still in play, there is reason to hope 2020 will bring fairer weather. Trade tensions have eased after a deal between the US and China this ...

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