What’s on tap as Rex Tillerson heads to New Zealand

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

The Paris Climate Change agreement, global trade, New Zealand’s contribution to Afghanistan and regional security are likely to be on the agenda as U.S. Secretary of State Rex Tillerson prepares to arrive in New Zealand on Tuesday. Tillerson is slated to meet...

Canada beats U.S. in pork sales to China – feet, elbows and all

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

WINNIPEG/CHICAGO/BEIJING (Reuters) – Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for lucrative shares of the biggest global market.

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.