SoftBank's Vision Fund tumbles to $18 bln loss in 'valley of coronavirus'
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TOKYO (Reuters) - Japan's SoftBank Group Corp reported a stunning $18 billion (14.87 billion pounds) loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to a record loss and highlighting the deepening crisis at its portfolio companies from the global downturn.The disastrous 1.9 trillion yen ($18 billion) operating shortfall at the Saudi-backed Vision Fund, including losses of almost $10 billion at office-sharing firm WeWork and ride- hailing app Uber Technologies Inc alone,..