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Nigerian Schoolgirls Freed Eight Days After Mass Kidnapping

Two dozen students abducted from a school in Nigeria were freed after more than a week in captivity, but hundreds of others seized in separate incidents remain missing as the West African nation reels from a spate of mass kidnappings.

Two dozen students abducted from a school in Nigeria were freed after more than a week in captivity, but hundreds of others seized in separate incidents remain missing as the West African nation reels from a spate of mass kidnappings.
Bloomberg PoliticsNov 26, 9:35 AM
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SmartFinancial, Inc. Proposes Exchange of $100 Million Subordinated Notes in Strategic Move

SmartFinancial, Inc. is initiating an exchange offer for up to $100 million of its 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035, transitioning from unregistered to registered status. This move aims to satisfy prior registration obligations and enhance liquidity for noteholders.

In a significant corporate action, SmartFinancial, Inc. (the "Company") announced an exchange offer for its outstanding 7.25% Fixed-to-Floating Rate Subordinated Notes due 2035. The Company is looking to exchange up to $100 million in aggregate principal amount of unregistered notes for newly issued registered notes. This offer is in compliance with the Securities Act of 1933, reflecting SmartFinancial's commitment to transparency and investor confidence. The transaction involves SmartFinancial, a Tennessee corporation, which is focused on...
USFMNov 26, 9:22 AM
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Korea’s Private Equity Debate in Focus as Homeplus Goes Unbid

The most closely watched corporate rehabilitation case in South Korea underscoring risks with private equity ownership just took a turn that threatens to deepen those concerns.

The most closely watched corporate rehabilitation case in South Korea underscoring risks with private equity ownership just took a turn that threatens to deepen those concerns.
Bloomberg MarketsNov 26, 9:20 AM
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ECB Warns High Valuations Boost Financial-Stability Risks

The European Central Bank sees “elevated” risks to the region’s financial stability, with stretched asset valuations prone to sharp adjustments and fiscal challenges in some countries that could test investor confidence.

The European Central Bank sees “elevated” risks to the region’s financial stability, with stretched asset valuations prone to sharp adjustments and fiscal challenges in some countries that could test investor confidence.
Bloomberg MarketsNov 26, 9:00 AM
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Zambian Presidency Shuns Plan to Give State Free Stake in Mines

Zambia’s presidency rejected proposed regulations that seek to give the state a minimum 15% stake in mines producing copper and other critical minerals without having to pay for it.

Zambia’s presidency rejected proposed regulations that seek to give the state a minimum 15% stake in mines producing copper and other critical minerals without having to pay for it.
Bloomberg PoliticsNov 26, 8:45 AM
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Thailand Bond Sale Demand Slides to Lowest in at Least Six Years

Thailand’s sale of 30-year bonds drew the weakest demand in at least six years amid concern over a potential sovereign rating downgrade and uncertainty over the outlook for interest rates.

Thailand’s sale of 30-year bonds drew the weakest demand in at least six years amid concern over a potential sovereign rating downgrade and uncertainty over the outlook for interest rates.
Bloomberg MarketsNov 26, 8:41 AM
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Germany Risks Growth Undershoot Without Reforms, IMF Warns

Germany is in danger of underperforming on growth and faces a longer-term struggle to achieve meaningful expansion unless it pursues “bold” reforms, according to the International Monetary Fund.

Germany is in danger of underperforming on growth and faces a longer-term struggle to achieve meaningful expansion unless it pursues “bold” reforms, according to the International Monetary Fund.
Bloomberg MarketsNov 26, 8:30 AM
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EU Prepares Legal Assurances to Unlock €140 Billion Ukraine Loan

The European Union is prepared to put forward a legal text to finally enable the bloc to use Russia’s immobilized central bank assets to back a €140 billion ($162 billion) loan for Ukraine.

The European Union is prepared to put forward a legal text to finally enable the bloc to use Russia’s immobilized central bank assets to back a €140 billion ($162 billion) loan for Ukraine.
Bloomberg PoliticsNov 26, 8:29 AM
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EU Prepares Legal Plan to Unlock €140 Billion Ukraine Loan

The European Union will unveil a legal proposal in the coming days that would finally enable the bloc to use Russia’s immobilized central bank assets for a €140 billion ($162 billion) loan to Ukraine.

The European Union will unveil a legal proposal in the coming days that would finally enable the bloc to use Russia’s immobilized central bank assets for a €140 billion ($162 billion) loan to Ukraine.
Bloomberg PoliticsNov 26, 8:29 AM
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Hard for Reeves to Boost Headroom to £20 Bln: Santander

Santander CIB Economist Victoria Clarke discusses the outlook for today’s budget, saying UK Chancellor of the Exchequer Rachel Reeves is going to find it tough to please bond markets by boosting the fiscal buffer sufficiently.

Santander CIB Economist Victoria Clarke discusses the outlook for today’s budget, saying UK Chancellor of the Exchequer Rachel Reeves is going to find it tough to please bond markets by boosting the fiscal buffer sufficiently. “I’ve had, you know, every spreadsheet under the sun going, trying to work out different permutations of this,” Clarke tells Bloomberg Television. “And it’s actually very difficult even to get your headroom to £20 billion.”
Bloomberg MarketsNov 26, 8:26 AM
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Americans Brace for Thanksgiving Travel Rush in Test of Airspace

US airlines are bracing for what stands to be the busiest Thanksgiving travel period on record, testing a strained aviation system that’s only just bounced back from flight restrictions prompted by the government shutdown.

US airlines are bracing for what stands to be the busiest Thanksgiving travel period on record, testing a strained aviation system that’s only just bounced back from flight restrictions prompted by the government shutdown.
Bloomberg MarketsNov 26, 8:22 AM
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Americans Brace for Thanksgiving Rush in Test of Airspace

US airlines are bracing for what stands to be the busiest Thanksgiving travel period on record, testing a strained aviation system that’s only just bounced back from flight restrictions prompted by the government shutdown.

US airlines are bracing for what stands to be the busiest Thanksgiving travel period on record, testing a strained aviation system that’s only just bounced back from flight restrictions prompted by the government shutdown.
Bloomberg MarketsNov 26, 8:22 AM
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Russia Says US Envoy Witkoff to Visit Moscow Next Week

US presidential envoy Steve Witkoff will visit Russia next week along with other American officials, a Kremlin official said, as US President Donald Trump continues his latest push for a deal to end his Russian counterpart Vladimir Putin’s war in Ukraine.

US presidential envoy Steve Witkoff will visit Russia next week along with other American officials, a Kremlin official said, as US President Donald Trump continues his latest push for a deal to end his Russian counterpart Vladimir Putin’s war in Ukraine.
Bloomberg PoliticsNov 26, 8:18 AM
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Russia Says US Envoy Witkoff to Visit Moscow for Peace Talks

US presidential envoy Steve Witkoff will lead a delegation for talks in Russia next week, a Kremlin official said, as Donald Trump pushes for a deal to end the war in Ukraine.

US presidential envoy Steve Witkoff will lead a delegation for talks in Russia next week, a Kremlin official said, as Donald Trump pushes for a deal to end the war in Ukraine.
Bloomberg PoliticsNov 26, 8:18 AM