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Dalian Wanda bond prices rise after Chinese conglomerate says creditors have not sought early repayment of loans worth US$1.3 billion

Dalian Wanda’s dollar bonds jumped to a new high on Monday after it said creditors of loans worth US$1.3 billion had not demanded early repayments following the failed IPO of unit Zhuhai Wanda. ....

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Verizon: 6,000 customer service employees will be laid off

Verizon Communications met with more than 6,000 customer service employees to notify them of upcoming "restructuring" and "streamlining," which will result in significant firings ....

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Verizon to layoff 6,000 customer service employees

Verizon Communications met with more than 6,000 customer service employees to notify them of upcoming "restructuring" and "streamlining," which will result in significant firings ....

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Layoffs at BenevolentAI: UK-Based AI Drug Discovery Company Lays Off About 180 Employees as Part of Restructuring Plan, CFO Nicholas Keher Resigns

UK-based AI drug discovery company BenevolentAI has announced to lay off about 180 employees as part of a restructuring plan that resulted from a strategic review, while CFO (Chief Financial Officer) Nicholas Keher has resigned. Layoffs at BenevolentAI: UK-Based AI Drug Discovery Company Lays Off About 180 Employees as Part of Restructuring Plan, CFO Nicholas Keher Resigns. ....

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IMF urges crisis-hit Sri Lanka to decide on debt restructuring, including with China: Report

The International Monetary Fund has urged crisis-hit Sri Lanka to decide on debt restructuring, including with China, by October this year in order to obtain th ....

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