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HNA begins to trim ‘biggest piles of debt’

Middle hna copy

Bloomberg China’s embattled HNA Group Co., which has managed to reduce one of the country’s biggest debt piles by selling off dozens of assets, will probably need to slim down even further before regaining the trust of investors. The conglomerate’s total debt fell 9.5 percent to 541.6 billion yuan ($79 billion) at the end of June, down about $8.3 billion ...

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Typhoon Jebi set to strike western Japan

Bloomberg Typhoon Jebi is set to hit western Japan on Tuesday, with authorities warning that it could be the strongest storm to make landfall in Japan in a quarter century. The category 3 typhoon, the 21st of the season, is bearing down on the area of western Japan that holds Osaka, and will likely make landfall on Shikoku or the ...

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Korean investor in talks for WeWork UK landmark

Wework of us opens branch in seoul

Bloomberg Hana Financial Group Inc. is in talks to buy a landmark office property opposite the Bank of England that’s being transformed into a major WeWork Cos. co-working space, according to people with knowledge of the plan. Aermont Capital LLP, the owner of the building at One Poultry, is seeking a price of about 185 million pounds ($240 million), the ...

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