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UPDATE 2-WeWork to lay off 2,400 employees globally in SoftBank revamp

NEW YORK, Nov 21 WeWork said on Thursday it is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilize its business after it transformed from a Wall Street darling into a pariah in a matter of weeks.

4:35pm GMT

UPDATE 1-Eurobank, NBG report higher profits as they tackle bad loans

ATHENS, Nov 21 Eurobank and National Bank (NBG), two of Greece's largest lenders, on Thursday reported higher third-quarter profits showing the benefits of clearing bad loans from their balance sheets.

4:25pm GMT

Uber says not in talks with Germany's Wirecard

BERLIN, Nov 21 Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform Adyen.

4:13pm GMT

Vale returns looking for low-cost debt after Brumadinho tragedy

NEW YORK, Nov 21 (LPC) - The insatiable appetite to lend to Latin America’s blue-chip corporations may allow Brazilian miner Vale SA to return to the loan market and borrow US$3bn to refinance debt at ultra-low rates, only 10 months after a dam disaster that left the country reeling.

Bonds, Regulatory News 4:07pm GMT

WeWork says to layoff 2,400 employees globally

NEW YORK, Nov 21 WeWork said on Thursday it is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilize its business after it transformed from being a Wall Street darling into a pariah in a matter of weeks.

4:00pm GMT
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