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Growth of output and new orders remains significant in...

January’s seasonally-adjusted CIPS/Reuters Purchasing Managers' Index (PMI) – a composite indicator designed to provide an overall view of conditions in the manufacturing economy – posted 56.0, remaining unchanged compared to December’s four year high. Once again, it was output and...

#DEC#economy

Ex-Im Bank’s 2005 budget

President Bush's fiscal year 2005 budget request for the Export-Import Bank of the United States (Ex-Im Bank), which the Administration…


New system of guarantees will satisfy more applicants

The main goal of the Slovak Guarantee and Development Bank (SGDB), Inc. this year is more capital issued to effectively…

#bank#banks#guarantee


New joint factoring venture announced

BZ WBK Faktor, owned by BZ WBK bank and Bibby Factors, the Polish unit of the UK’s Bibby group, will…


Cushnie firm 'received Versailles cash'

Carl Cushnie, founder of the collapsed FTSE 250 company Versailles, channelled more than Ј610,000 in payments from within the group…

#banks#crisis#i


SME confidence bounces back in January

Small- and medium-sized enterprises (SMEs) confidence was up two points to 46.7% in January, showing an unmistakable recovery from its…

#economy#inflation#investment


EUROFACTOR gets Sony approval to fund MBO

EUROFACTOR, the Reading-based business finance experts, have announced their most recent high profile deal by helping to fund the management…

#business finance#funding#invoice


Time to get financial reporting right for SMEs

Small- and medium-sized enterprises (SMEs) are vital to the EU economy and high-quality, transparent financial reporting is important for them…


Banco de Chile report solid performance from factoring unit...

Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…

#bank


State Bank of India close to finding partner

The State Bank of India (SBI) is close to completing a search for strategic foreign partners for its factoring, asset…


Direct investment in fixed assets rise

Direct investment in fixed assets at Russian companies increased 12% in 2003 to US$72 billion, according to early figures. Foreign…

#exports#investment#trade


FDI growth slows in 2003

Foreign direct investment (FDI) in Lithuania rose 3% in 2003 to 13.6 billion litai (LTL), according to the Lithuanian Statistics…

#investment

Steelmaker seeks bankruptcy protection to restructure with syndicated finance

Stelco, Canada's largest steelmaker, announced yesterday that it will seek bankruptcy protection as part of efforts to restructure its money-losing…

#bankruptcy#CIT#commercial finance

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