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GM shareholders to decide on Greenlight stock plan, board challenge

by synergycap1 | Jun 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Greenlight Capital’s plan to split up General Motors Co’s stock, as well as its challenge to the company’s board of directors, will come to a head on Tuesday, as the U.S. automaker’s shareholders cast their votes on the hedge...

Big oil, small U.S. towns see new reward in old production technique

by synergycap1 | Jun 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

HOBBS, New Mexico (Reuters) – Amid the frenetic activity of American shale oilfields recovering from a two-year recession sit a handful of oil towns that seemed impervious as many producers went into bankruptcy and the economy around them sank.

Goldman, Nomura heeded warnings before Venezuela bond deal

by synergycap1 | Jun 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

CARACAS/NEW YORK (Reuters) – In early May, Goldman Sachs turned down a request from Caracas to convert $5 billion in sovereign bonds into marketable securities partly because it would mean dealing directly with a Venezuelan state bank, according to people...

Chinese Banks Face Up to Funding Squeeze

by synergycap1 | Jun 5, 2017 | Bad Credit Loans, Business Lending, Business Loans, Capital, Finance, Non-Bank Loans, Working Capital

Household deposits, long the foundation of China’s economy, are now fleeing the country’s banking system.

Live: Oil prices rise as Arab nations round on Qatar over terror

by synergycap1 | Jun 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(App users please click here).

BHP CEO says he has not met with Elliott since Barcelona

by synergycap1 | Jun 5, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

TOKYO (Reuters) – BHP Billiton Chief Executive Andrew Mackenzie said on Monday he has not met with activist hedge fund Elliott Management since their talks in Barcelona last month and declined to comment on whether another meeting was scheduled.
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