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Evergrande Delisted in Hong Kong as $300B Debt Unravels

On Aug. 25, China Evergrande Group was delisted from Hong Kong’s stock exchange. Earlier in the month, Hong Kong Exchanges and Clearing notified the world’s most indebted property developer that its listing would be cancelled for failure “to fulfill any of the requirements” to resume trading, Evergrande said in a …

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Europe slow to match economic rivals US, China: Draghi

Europe needs to act faster to overhaul its economy, said former European Central Bank chief Mario Draghi. Photo: Ina FASSBENDER / AFP/FileSource: AFP The European Union is “failing to match the speed of change” in the United States and China and must act urgently on economic reforms to avoid falling …

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Calm launches standalone iOS app for sleep support

Calm is launching a new standalone app for more personalized sleep support, the company announced on Tuesday. The new Calm Sleep app is available on iOS and is designed to help people wind down, sleep better, and wake up refreshed, Calm says. The app features Calm’s content with new features …

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Eli Lilly Raises $6.75B via Rare 40-Year Bond Offering

Eli Lilly is making waves in the corporate debt market with a $6.75 billion multi-tranche bond sale that includes a rare 40-year note: an unusual move for a pharmaceutical company. Most corporate bonds mature in five to 30 years. Analysts say the deal, which went to market last month, furnishes …

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Google launches new protocol for agent-driven purchases

On Tuesday, Google announced a new open protocol for purchases initiated by AI agents — automated software programs that can shop and make decisions on behalf of users — with backing from more than 60 merchants and financial institutions. Called the Agent Payments Protocol (AP2), the system is meant to …

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Treasury’s Strategic Role in M&A: AI and Advisory Insights

Home Transaction Banking Treasury’s Strategic Role in M&A: From Deal Support To Strategic Integration Treasury is assuming a larger role in making M&A deals successful, demanding a more proactive and strategically integrated organization. Mergers and acquisitions pose unique challenges for the treasury department. A successful integration requires proactive management of …

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