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Uber officially welcomes as CEO Expedia’s Dara Khosrowshahi

by synergycap1 | Aug 30, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for 12 years, in a note sent to employees of the world’s biggest ride-services company...

Alibaba shows how companies can get around China’s crackdown on foreign deals

by synergycap1 | Aug 30, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

What’s important to note with the all-stock deal, which pools GoGoVan’s business in Hong Kong, Taiwan and Southeast Asia with 58 Suyun’s operations in China, is that it shows that not all outbound deal activity is drying up amid Beijing’s...

Russia, in one of biggest bailouts in its history, rescues Otkritie bank

by synergycap1 | Aug 30, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Russia’s central bank launched one of the biggest banking bail-outs in its history on Tuesday, saying it would rescue troubled private lender Otkritie which has suffered a sustained run on its deposits amid worries about its loan portfolio.The central bank said...

Live: Oil prices fall as mega storm knocks out one-fifth of US refineries

by synergycap1 | Aug 30, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(App users please click here).

Inside Uber’s choice of a new CEO

by synergycap1 | Aug 30, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

By last Friday afternoon, most of Uber’s eight directors had gathered in San Francisco for a board meeting. Their agenda was simple: Pick a new chief executive for the ride-hailing company. What unfolded over the next 72 hours was anything but straightforward....

US sanctions are very bad news — unless you’re North Korea

by synergycap1 | Aug 30, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Businesses around the world are bracing themselves for the fallout from tough U.S. sanctions against North Korea, as their impact moves through global supply chains. Those effects were still being processed as the reclusive nation fired a ballistic missile over Japan...
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