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Added on the 18/10/2018 12:54:26 - Copyright : Wochit
Tokyo, Jun 23 (EFE/EPA).- Japan's Softbank announced on Tuesday that it would dispose of nearly all the shares it owns in United States-based mobile network operator T-Mobile in sales and purchases options.The sale forms a part of a Softbank program to raise 4.5 trillion yen ($42.1 billion) to repurchase its shares and reduce debt, which has shot up due to a series of unprofitable investments.The Japanese telecom giant said in a statement that it was set to sell off 198.3 million shares of T-Mobile, representing around 65 percent of its stake, and will establish a call option for another 101.4 million shares, with the price yet to be decided. (Camera: KIMIMASA MAYAMA). SHOT LIST: SOFTBANK'S GLOBAL HEADQUARTERS IN TOKYO, JAPAN.
Wall Street sank on Monday after the steepest decline in Chinese stocks in eight years raised concerns about growth and it's trading implications. Bobbi Rebell reports.
Images show plumes of smoke rising from the facade of Copenhagen's historic former stock exchange, as work to put out the last of the flames continues for a third day. Half of the 17th-century Borsen building was destroyed and its 54-metre (180-foot) spire tumbled to the ground in a fire that broke out early Tuesday April 16, in scenes that shocked Denmark. IMAGES
Copenhagen's historic former stock exchange is cordoned off after a massive fire, which Danish firefighters say they are battling to extinguish in part of the building for a second day after bringing the blaze under control. IMAGES
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