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Halliburton buys Summit ESP to strengthen artificial lift business

by synergycap1 | Jul 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Oilfield services provider Halliburton Co said on Wednesday it would buy oilfield equipment supplier Summit ESP Inc, which is backed by Oklahoma energy and banking billionaire George Kaiser.

Amazon’s Alexa voice deals return for this year’s Prime Day

by synergycap1 | Jul 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Amazon is bringing back its Alexa voice deals for Prime Day this year. The company is enabling more than 100 special deals for Alexa users that use their voice to shop on Prime Day. Amazon’s annual Prime Day sale begins on July 11th this year, and voice shoppers...

Alibaba launches a Chinese-language smart home speaker rival to Amazon’s Echo

by synergycap1 | Jul 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Chinese e-commerce giant Alibaba has jumped into the smart home speaker space. The company on Wednesday launched a device called the Tianmao JinglingX1 (Tmall Genie X1). It’s Alibaba’s version of Amazon’s popular Echo device. The X1 is available only...

Trump denounces China trade with North Korea, casts doubt on cooperation

by synergycap1 | Jul 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

U.S. President Donald Trump denounced China’s trade with North Korea on Wednesday and cast doubt on whether Beijing is working with Washington to counter the North Korean nuclear threat. “Trade between China and North Korea grew almost 40 pct in the first...

Vantiv Offers Worldpay a Deal Valued at $10 Billion

by synergycap1 | Jul 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

By CHAD BRAY July 5, 2017 LONDON — Worldpay Group, the British payment processing company, said on Wednesday that it had agreed in principle to be acquired by Vantiv, an American rival, for 7.7 billion pounds. The transaction, valued at about $10...

Daimler, BAIC to invest $735 million in electric vehicles in China

by synergycap1 | Jul 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

FRANKFURT (Reuters) – Germany’s Daimler and its Chinese joint venture partner BAIC Motor Corporation have agreed to jointly invest 5 billion yuan ($735 million) in battery electric vehicle production in China by 2020 and to provide the infrastructure...
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