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King of cost cuts, Pouyanne readies Total for new growth era

by synergycap1 | Feb 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

PARIS/LONDON (Reuters) – When Patrick Pouyanne took over as the head of Total’s loss-making refinery division in 2011, he demanded a breakdown of costs for every single unit.

Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss

by synergycap1 | Feb 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

ZURICH (Reuters) – Credit Suisse posted a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016, its second straight year in the red, keeping pressure on Chief Executive Tidjane Thiam to deliver on his turnaround plan for Switzerland’s second-biggest...

Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss

by synergycap1 | Feb 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

ZURICH (Reuters) – Credit Suisse posted a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016, its second straight year in the red, keeping pressure on Chief Executive Tidjane Thiam to deliver on his turnaround plan for Switzerland’s second-biggest...

Gig economy is bad for UK public finances, says TUC

by synergycap1 | Feb 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The rapid rise in insecure work in the UK is costing the government almost £4bn a year in lost tax income and benefit payouts, according to new research into the gig economy by the Trades Union Congress. The UK’s growing legions of low-paid, self-employed...

China forex regulator surveying Shanghai firms about potential impact of higher U.S. tariffs: sources

by synergycap1 | Feb 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SHANGHAI (Reuters) – China’s foreign exchange regulator began surveying firms in Shanghai in early February about the impact on cross-border trade of possible protectionist measures by the United States, two sources said on Tuesday.

China forex regulator surveying Shanghai firms about potential impact of higher U.S. tariffs: sources

by synergycap1 | Feb 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SHANGHAI (Reuters) – China’s foreign exchange regulator began surveying firms in Shanghai in early February about the impact on cross-border trade of possible protectionist measures by the United States, two sources said on Tuesday.
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