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Facebook unveils online shopping venture, EU recovery fund, SoftBank’s future

FT News Briefing

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European Recovery Fund Proposals and SoftBank's Financial Woes

This chapter explores the tensions in the European recovery fund proposal, focusing on the necessity for unity among EU member states and the resistance from northern countries over financial grants. It also examines SoftBank's substantial annual losses and the cautious future outlook expressed by its founder amid the ongoing pandemic's effects on investments.

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