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Beijing may have been blocking WhatsApp in mainland China

by synergycap1 | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Chinese users had trouble using the popular WhatsApp instant messaging tool on Tuesday, with many fearing it is the latest victim of Beijing’s internet clampdown. Most of the affected users said they could not send or receive photos using the chat app, which is...

An extension of the Chinese government is buying part of a Canadian mountain

by synergycap1 | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The Shanghai-based China Minsheng Investment Group (CMIG) isn’t buying the entire mountain of course, but the sale of the ski operation by the Canadian McLaughlin family does include 500 hectares of privately owned land. CMIG’s pending purchase was...

Exclusive: Documents offer close look at DIA’s financial blueprint for terminal overhaul (Video)

by synergycap1 | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

The proposed 34-year contract, capped at $1.8 billion, puts decisions about restaurants, shops and other concessions in the hands of a private team of companies.

‘Ponzi scheme’: Co-founder of one of China’s top tech firms attacks LeEco

by synergycap1 | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Embattled Chinese internet conglomerate LeEco has been branded a “Ponzi scheme” in an online comment made and endorsed by some of the country’s leading lights in technology. The debt-ridden group of technology companies founded by billionaire Jia...

McCormick to buy Reckitt’s food unit for $4.2 billion

by synergycap1 | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – McCormick & Co Inc (MKC.N) said it would buy the food business of British consumer goods conglomerate Reckitt Benckiser Group Plc (RB.L) for $4.2 billion. McCormick said it would integrate RB Foods into its consumer and industrial segments. (This...

Obamacare Repeal Is DOA in the Senate. Here’s What Might Happen Next

by synergycap1 | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Wire, Working Capital

The Republicans’ dream to repeal Obamacare died earlier today. What happens now? There are several possibilities. Senate Majority Leader Mitch McConnell worked feverishly for the last several weeks to get a bill through the Senate that would repeal and replace...
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