Novartis’s Jimenez stepping down, Narasimhan named new CEO

by synergycap1 | Sep 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

ZURICH (Reuters) – Novartis (NOVN.S) Chief Executive Joseph Jimenez will retire in 2018, with chief drug developer Vasant Narasimhan taking over as CEO starting in February, the Swiss drugmaker said on Monday. Jimenez, 58, is stepping down following a decade at...

U.S. gasoline price sink as Harvey subsides

by synergycap1 | Sep 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON (Reuters) – Benchmark U.S. gasoline prices fell by more than 4 percent on Monday as oil refineries and pipelines in the U.S. Gulf Coast slowly resumed activity after Hurricane Harvey subsided, easing concerns over supply shortages in the world’s top...

Growth in UK construction falls to lowest level in a year

by synergycap1 | Sep 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Finance, Non-Bank Loans, Working Capital

Private housebuilding was the only area of construction work that grew in August © Bloomberg Growth in Britain’s construction sector slid to its weakest level in a year in August, as businesses avoided making new investments, according to a survey of...

South Korean court rejects Qualcomm’s request to suspend antitrust body’s order

by synergycap1 | Sep 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SEOUL (Reuters) – A South Korean court on Monday rejected Qualcomm Inc’s (QCOM.O) request to suspend an order by the country’s antitrust agency to take corrective action on the way it licenses patents. In December, the Korea Fair Trade Commission...

City Limits: Is Houston Still a Model City? Its Supporters Aren’t Backing Down

by synergycap1 | Sep 4, 2017 | Area Planning and Renewal, Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Floods, Houston (Tex), Non-Bank Loans, Real Estate and Housing (Residential), Urban Areas, Working Capital

Houston embodies wildly different lessons on how to build a city. And everyone is doubling down.

Op-Ed: The world is on the verge of war in Northeast Asia

by synergycap1 | Sep 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

News reports suggest many U.S. hedge fund managers have simply dismissed the pledge of peace and order on the Korean Peninsula issued by the Chinese Defense Ministry last Thursday. Trading and investment experts continue to worry about the Korean military standoff,...