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Headlines
EU Agrees to Harmonise EU Insolvency Laws to Enhance Cross-Border Investments, Capital Markets
European Union governments and the European Parliament have reached agreement on harmonising the 27-nation bloc's insolvency laws to make it easier to invest across the EU and create a more liquid EU capital market, the EU…
Evergrande’s Iconic Canadian Hotel to Be Sold After Default
China Evergrande Group’s famous log-cabin hotel in Quebec, Canada, has been placed in receivership after the defaulted real estate developer failed to make payments on its debt, Bloomberg News reported. Fairmont Le Chateau…
Brazil Bank Collapse Spells Turmoil for Firms Holding Its Debt
A handful of Brazilian companies are disclosing exposure to Banco Master SA following the liquidation of the troubled lender and the arrest of its chief executive amid a sweeping corruption probe, Bloomberg News reported. Health-…