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Indian IT sector lobby group sees export growth at 7-8 percent for 2017-18

by synergycap1 | Jun 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – A leading lobby group for India’s IT industry on Thursday forecast the sector’s export revenues to grow at 7-8 percent for the year to March, around the growth levels seen last year, as the industry faces continued headwinds from the U.S....

The Trump effect: Millionaires are more politically divided than ever

by synergycap1 | Jun 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Millionaires are sharply divided politically, and their politics are increasingly shaping their views of the economy and financial markets, according to a new study. The CNBC Millionaire’s Survey found that half of millionaires surveyed believe the economy will...

China regulator orders checks on loans to acquisitive firms – sources

by synergycap1 | Jun 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BEIJING (Reuters) – China’s banking regulator has ordered a group of commercial banks to assess their exposure to offshore purchases by a handful of acquisitive Chinese corporate groups, two people familiar with the matter said on Thursday.

India’s huge buffalo-meat industry is in limbo

by synergycap1 | Jun 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

IN A corner of the state of Uttar Pradesh (UP) stands a gleaming building dedicated to animal slaughter on an industrial scale. Neatly mown lawns lead the way to a corral for hundreds of the curly-horned Murrah buffalo typical of the region. Nearby is a lorry-sized,...

Oil prices slip as physical excess overpowers OPEC

by synergycap1 | Jun 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON (Reuters) – Oil slid back toward multi-month lows on Thursday, after a brief recovery early in the session, as traders warily eyed a glut of physical supply that has persisted despite OPEC-led efforts to balance the market.

Belgium drops case against business of LVMH chief Arnault

by synergycap1 | Jun 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BRUSSELS (Reuters) – Belgian prosecutors said on Thursday they have closed an investigation into a 2.9 billion euro ($3.24 billion) capital increase in a Belgian company owned by billionaire and chief executive of LVMH Bernard Arnault.
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