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China’s troubled HNA in talks to sell US property

Bloomberg Less than a year after HNA Group Co. paid $2.21 billion for 245 Park Ave. — a purchase that raised eyebrows for its near-record price — the troubled Chinese conglomerate is in talks to sell the Manhattan office tower. SL Green Realty Corp., a lender to 245 Park, is in discussions with HNA to purchase the building, according to ...

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US-China ‘trade war’ takes shape in Geneva

Bloomberg Just a month after President Trump upended the global order with threats of tariffs against allies and adversaries alike, his ambassador to the World Trade Organization took aim at both China, a main focus of Washington’s ire, and the global trade body itself. China’s “trade-distorting policies” represent a “threat to the international trading system,” Deputy US Trade Representative Dennis ...

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Noble to submit draft for restructuring special meeting

Bloomberg Noble Group Ltd. said it plans to set the date for a special general meeting shortly that will decide the commodity trader’s controversial restructuring after the Singapore High Court blocked it from holding an annual meeting at the behest of dissident shareholder Goldilocks Investment Co. The court, however, hasn’t restrained Noble from holding future special general meetings, the company ...

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