South Africa credit rating downgrade inevitable as markets react to government reshuffle

by | Mar 31, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

South Africa’s demise towards a junk credit rating looks almost inevitable after the sudden dismissal of the country’s finance minister Pravin Gordhan. The currency (ZAR) plunged 5 percent. President Jacob Zuma’s move to fire Gordhan, and eight other...

FMC stock soars after DuPont says it will swap some assets; DuPoint delays Dow merger

by | Mar 31, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

DuPont said on Friday it would swap some assets with FMC to get clearance from the European Commission for its merger with Dow Chemical, and pushed back the closing date of its merger again. On Friday, FMC shares soared more than 15 percent to levels not seen since...

FMC stock soars after DuPont says it will swap some assets; DuPoint delays Dow merger

by | Mar 31, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

DuPont said on Friday it would swap some assets with FMC to get clearance from the European Commission for its merger with Dow Chemical, and pushed back the closing date of its merger again. On Friday, FMC shares soared more than 15 percent to levels not seen since...

Businesses worried about Brexit should just get on with it, says WPP’s Martin Sorrell

by | Mar 31, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Instead of worrying about the ramifications of Brexit negotiations, businesses should focus on the task at hand and get on with the job, the chief executive of the world’s largest ad company said Friday.”If you’re trying to run a business in this...

Why Cathay Pacific needs to trade in passenger comfort for profits

by | Mar 31, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Cathay Pacific economy class passengers have long enjoyed a more spacious ride, but pressure on the loss-making airline’s bottom line has forced it to sacrifice comfort for a much-needed revenue boost. With real estate at 35,000 feet becoming increasingly more...