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Western banks eclipsed by China’s along the new Silk Road

by synergycap1 | May 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BEIJING (Reuters) – For global banks, China’s new “Silk Road” is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cozier relationship with Beijing for those who step up.

Move Over Dollar, the Euro Is in the Driver’s Seat

by synergycap1 | May 17, 2017 | Bad Credit Loans, Business Lending, Business Loans, Capital, Finance, Non-Bank Loans, Working Capital

U.S. political turbulence and economic disappointment, combined with unrealized election fears in Europe, mean the euro could gain further against the dollar.

Ralph Lauren names P&G executive Patrice Louvet as CEO

by synergycap1 | May 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Ralph Lauren Corp named Procter & Gamble executive Patrice Louvet as chief executive, more than three months after his predecessor left the firm, following differences with founder Ralph Lauren over the direction of the company.

Jack Welch: Impeachment of Trump would ‘blow the market away’

by synergycap1 | May 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Jack Welch, the former CEO of General Electric who has President Donald Trump’s ear, told CNBC on Wednesday that an impeachment would crush the stock market. “An impeachment proceeding would blow the market away,” Welch said on “Squawk...

Movers: Puerto Rico, Google, and Tencent

by synergycap1 | May 17, 2017 | Artificial Intelligence, Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Google Inc, Puerto Rico, Working Capital

By THE NEW YORK TIMES May 17, 2017 We’re following major developments in the markets throughout the day. Check below for the latest updates. Graphic | What the Markets Are Doing What to Watch For: Puerto Rico, Google and Tencent • Puerto...

Ford to cut 1,400 white-collar jobs in North America, Asia

by synergycap1 | May 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Ford Motor said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price. Ford said the cuts would amount to about 10...
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