SoftBank financing, White House on unemployment benefits, French industry

SoftBank has quietly poured more than $500m into Credit Suisse investment funds that in turn made big bets on the debt of struggling start-ups backed by the Vision Fund, the White House is opposed to extending coronavirus-related federal unemployment payments because it believes the measure created a “disincentive” to work, and China is bracing for a second wave of coronavirus. Plus, the FT’s David Keohane reports on France’s efforts to save its aerospace industry. Hosted on Acast. See acast.com/privacy for more information.