SoftBank "anxiously" monitoring Saudi Arabia situation: executive

SoftBank Group Chief Operating Officer Marcelo Claure said on Tuesday it is "business at usual" at companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the fund's capital......»»

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SoftBank Group Corp Chief Executive Masayoshi Son has cancelled a speaking engagement at the Future Investment Initiative conference in Saudi Arabia, said a source close to the matter......»»

SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters......»»

Japan's SoftBank Group Corp Chief Executive Masayoshi Son will face questions on Monday about his company's dependence on Saudi Arabia, in his first public appearance since the murder of a journalist by Saudi security forces sparked global outrage......»»

ACWA Power plans to expand into solar panel manufacturing, its chief executive said, in a move which would put the power and water plants developer at the heart of Saudi Arabia's plans to develop its renewable power industry......»»

President Biden’s executive orders that put the U.S. on a course to transition away from fossil fuels are a boon for Russia, Saudi Arabia and other adversaries and pose a threat to national security......»»

Recent negotiations involving leaders from major oil-producing nations and the United States will prove irrelevant for oil prices, which are low because of depressed demand, the chief executive of Brazil's Petrobras said on Thursday evening......»»

Global oil demand is in freefall because of the coronavirus pandemic, a situation that is exacerbated by the price war between Saudi Arabia and Russia, the head of the International Energy Agency said......»»

Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior executive said on Sunday......»»

Saudi Arabia's central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco's initial public offering (IPO), its governor said on Sunday......»»

Future Investment Initiative/YouTube SoftBank CEO Masayoshi Son spoke on a panel this week at a global investment conference in Saudi Arabia dubbed "Davos in the desert." On a recording of the conference posted on .....»»

Alessandro Di Ciommo/NurPhoto via Getty Images Almost no one attended a panel that included Masayoshi Son, CEO of SoftBa.....»»

Bandar Algaloud/Getty Images Saudi Arabia is discussing the possibility of investing more money into SoftBank's second Vision Fund, Fox Business reports. The Saudi Arabian Public I.....»»

Russia should get its house in order before its top oil executive criticizes weaknesses in supply from Saudi Arabia and the U.S......»»

The last massive release of crude from the U.S. Strategic Petroleum Reserve was in 1991, when conflicts in the Middle East disrupted the oil markets. That may happen again in the coming weeks if the situation in Saudi Arabia worsens......»»

Frank Tsui of Value Partners says the situation in the oil market seems "manageable" unless there is more military action in Saudi Arabia. He also weighs in on the Chinese property market......»»

The head of Saudi Arabia's sovereign wealth fund was made head of an executive committee overseeing plans to float shares in Saudi Aramco before he was named new chairman of the state oil giant this week, five sources familiar with the matter said......»»

SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision Fund......»»

Saudi Arabia just held its first-ever Fashion Week, showcasing Arab designers who have long created clothing for private clients.  Princess Noura Bint Faisal Al-Saud, a member of the Saudi royal family and executive president of the Arab Fashion .....»»