CNBC International
February 12, 2025 at 06:14 PM
*SoftBank posts surprise loss*
SoftBank posted a surprise net loss of 369.17 billion yen ($2.4 billion) as investments under its Vision Funds fell into red.
➡️ https://cnb.cx/41dA9KM
*Zepz to lay off 20% of global workforce*
British fintech unicorn Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.
➡️ https://cnb.cx/42UGvjG
*East Germany's far-right stronghold*
The far-right Alternative fuer Deutschland (AfD) is dominating polls in East Germany just weeks before the federal election on Feb. 23.
➡️ https://cnb.cx/40Z87kO
*Europe stocks close higher*
European markets closed slightly higher Wednesday, as global markets assessed a hotter-than-expected inflation reading in the U.S.
➡️ https://cnb.cx/4jX3SPn
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