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Super savers ditch the fancy wheels to boost their retirement savings

by synergycap1 | Jul 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Finance, Non-Bank Loans, Working Capital

It’s the rare worker who maxes out his retirement account contributions — and those savings don’t come without trade-offs. “Super savers” — Americans who are putting aside at least 90 percent of the annual $18,000 employee...

Millions of things will soon have digital twins

by synergycap1 | Jul 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

THE factory of the future will be a building stuffed full of robots making robots. A factory in Amberg, a small town in Bavaria, is not quite that, but it gets close. The plant is run by Siemens, a German engineering giant, and it makes industrial computer-control...

Africa is Islamic banking’s new frontier

by synergycap1 | Jul 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

IN 2008 Ethiopia’s conservative central bank experimented: it authorised interest-free banking. Interest is prohibited under sharia law, so the move was lauded as a step towards expanding financial services for the country’s large and often poor Muslim...

Norwegian might still transform long-haul flying

by synergycap1 | Jul 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Freddie Laker saw it comingA DECADES-old dream of many low-cost carriers (LCCs), to break into the market for long-haul flights, has also been a long-standing nightmare for executives at full-service airlines, who earn their corn chiefly on such routes. So a series of...

The Big Mac index

by synergycap1 | Jul 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

THIRTY-ONE years ago, The Economist created the Big Mac index as a way of gauging how different currencies stacked up against the dollar. The index is based on the theory of purchasing-power parity, the idea that in the long run, exchange rates should adjust so that...

An illustrious Hong Kong container firm sells to China

by synergycap1 | Jul 13, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

STONECUTTERS ISLAND in Hong Kong used to be a favoured habitat for poisonous snakes and eye-catching birds such as the white-bellied sea eagle. Thanks to Hong Kong’s rapid development, it is no longer so hospitable. Its sky is full of gantry cranes, stacking...
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