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PPG’s McGarry in Amsterdam to promote ‘compelling’ Akzo offer

by synergycap1 | Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

AMSTERDAM (Reuters) – Paint maker PPG has made a “very compelling” offer for Akzo Nobel and was shocked when its Dutch rival turned it down, PPG’s chief executive Michael McGarry said on Thursday on a visit to Amsterdam to drum up support for a...

London attacker was British-born ‘peripheral figure’ known to MI5

by synergycap1 | Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The man responsible for Wednesday’s terrorist attack on the British Houses of Parliament was a “peripheral figure” known to MI5, Prime Minister Theresa May has said. The British-born man, who plowed a car into pedestrians on London’s...

UK retail sales shrug off Brexit fears with February rise

by synergycap1 | Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Britain’s retailers received a respite from a two-month losing streak when spending in high street stores and online bounced back in February. The Office for National Statistics said retail sales volumes were up by 1.4% on January and 3.7% higher than in...

Diamond group De Beers buys out retail partner LVMH

by synergycap1 | Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

PARIS (Reuters) – Anglo American’s diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed amount, taking full ownership of the retail operation.

China’s ZTE posts fourth-quarter net loss after U.S. sanction case fine

by synergycap1 | Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

HONG KONG (Reuters) – Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case.

Brexit could damage UK’s efforts to tackle corruption, says OECD

by synergycap1 | Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Brexit could damage the UK’s efforts to tackle corruption and give multinationals leverage over the British government in bribery cases, the Organisation for Economic Cooperation and Development has warned. Business pressure to weaken bribery laws and an...
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