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GM’s judgment day: How two Venezuelan car dealers seized an auto factory

by synergycap1 | Jul 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

CARACAS (Reuters) – Venezuela’s government has seized assets from dozens of foreign corporations in nationalizations by the late President Hugo Chavez and the embattled current government of Nicolas Maduro. The man behind the confiscation of General Motors...

GM’s judgment day: How two Venezuelan car dealers seized an auto factory

by synergycap1 | Jul 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

CARACAS (Reuters) – Venezuela’s government has seized assets from dozens of foreign corporations in nationalizations by the late President Hugo Chavez and the embattled current government of Nicolas Maduro. The man behind the confiscation of General Motors...

Wells Fargo trims auto loans as market cools, risk overhaul kicks in

by synergycap1 | Jul 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – Wells Fargo & Co is scaling back and remolding its auto lending business in response to growing stress in the market, as well as a bank-wide push for more centralized risk controls. Wells, which was the No. 2 U.S. provider of auto loans...

Dollar tanks, gold jumps amid latest Trump scandal

by synergycap1 | Jul 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

“Each progressive revelation of the current administration’s incompetence is wearing thin on investors’ psyche,” Stephen Innes, senior trader at OANDA, said in a Wednesday notes. “Even the most ardent conservative must now have second...

Live: Oil prices make solid gains as the market awaits latest OPEC report

by synergycap1 | Jul 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

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Apple sets up China data center to meet new cybersecurity rules

by synergycap1 | Jul 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BEIJING (Reuters) – Apple Inc has set up its first data center in China, in partnership with a local internet services company, to comply with tougher cybersecurity laws introduced by Beijing last month, it said on Wednesday.
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