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SoftBank plans to name former Sprint boss to help fix WeWork

Bloomberg SoftBank Group Corp is tapping Marcelo Claure to help turn around WeWork, after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office earlier this week. Masayoshi Son, the head of SoftBank, WeWork’s largest investor, has asked the former chief executive officer of Sprint Corp to take a more hands-on role helping oversee a cleanup of the ...

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Vietnam’s economy expands 7.31% in Q3

Bloomberg Vietnam’s economic growth quickened in the third quarter, underpinned by solid growth in exports and manufacturing. Gross domestic product rose 7.31 percent from a year earlier, up from a revised 6.73 percent in the second quarter, the General Statistics Office in Hanoi said on Saturday. That compared to a median estimate of 6.7 percent in a Bloomberg survey of ...

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Apollo Hospitals mulls passing on new India tax cut to investors

Bloomberg Apollo Hospitals Enterprise Ltd, India’s largest hospital chain, is considering passing on the proceeds of corporate tax cuts announced to its shareholders, according to people familiar with the matter. Apollo may also use some of its tax savings to pay down debt and invest in the business, which operates 71 hospitals throughout India, said the people, who asked not ...

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