WeWork bonds sink as bankers circulate rescue financing proposals

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WeWork bonds sink as bankers circulate rescue financing proposals

WeWork’s bonds tumbled to fresh lows Tuesday after details emerged of a high-cost $5 billion financing plan for the embattled office-share venture to help it avoid a cash-flow crisis. Prices of WeWork’s $670 million of outstanding high-yield bonds slid as low …
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Canopy Growth wins UK's first medical cannabis bulk import licence

The world’s largest publicly traded cannabis company, Canopy Growth, will be the first to be allowed to import medicinal cannabis in bulk into the UK. The company’s pharmaceutical division — Spectrum Therapeutics — told the Financial Times on Tuesday …
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China Unexpectedly Injects $28 Billion of Cash as Growth Slows

China caught traders off-guard with a surprise injection into the financial system via loans to banks, ahead of data on Friday which is expected to show
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AAT, Yayasan Peneraju ink deal for accounting course

A training collaboration between the Association of Accounting Technicians. (AAT) and Yayasan Peneraju Pendidikan Bumiputera (Yayasan
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Healx raises $56M Series B to use AI to find treatments for rare diseases

Healx, a Cambridge, U.K.-based startup using AI to help discover new treatments for rare diseases, has raised $56 million in Series B funding. Leading the round is London-base VC firm Atomico, with participation by Intel Capital, Global Brain and btov …
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