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Germany tasks its big international companies with procurement challenge
BERLIN/HAMBURG (Reuters) – German companies with international experience and supply chains have been commissioned to help the government procure difficult-to-obtain supplies as part of the country’s response to the coronavirus crisis, a government document showed. According to the paper, seen by Reuters on Thursday, representatives of companies including BASF <BASFn.DE>, Lufthansa <LHAG.DE> and Volkswagen <VOWG_p.DE> […]
After Jeff Bezos: Can Amazon survive changing of the guard?
When Ann Hiatt received the call that a helicopter carrying Jeff Bezos had crashed in the West Texas desert, her first thought was: what have I done? Hiatt had booked the flight for her boss so he could scout locations for Blue Origin, his embryonic space exploration company. “Not only had I maybe just killed […]
SoftBank spends $2.5 billion to get second Vision Fund off the ground: sources
By Saeed Azhar, Anirban Sen and Davide Barbuscia (Reuters) – SoftBank Group Corp <9984.T> has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its money-making credentials as it courts investors for a successor to its Vision Fund. The Japanese technology conglomerate is […]