Softbank Profit Slumps on Alibaba Charge

Aug. 11 (Bloomberg) –- Bloomberg’s Zeb Eckert reports on Softbank posting a 68% drop in profit last quarter after booking an accounting charge from its stake in Alibaba and as subscriber growth slowed. He speaks to Angie Lau on “First Up.” (Source: Bloomberg)
Russian Ruble, Oil Double Down on Economic Drag
44:53 - Lewis Alexander, chief economist and managing director at Nomura Securities, discusses global currencies with a focus on Russia and China. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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