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GE's 4th quarter confounds doubters

General Electric's transformation strategy received a reassuring lift as strong fourth-quarter earnings confirmed that external economic conditions have switched from a headwind into a powerful tailwind. Profits at the US conglomerate rose 45 per cent compared with the final quarter...

Small businesses tap into free MBA expertise

“When, in the space of a year, the revenue growth of Ken Taylor Plumbing, a 40-year-old, one-man plumbing service in…


Credit insurance broker consolidations to accelerate in 2004

Credit insurer Atradius predicts that the number of specialist credit insurance brokers in the UK & Ireland is likely to…


EXIM Bank roadmap to double trade finance volume

The Export-Import Bank of Korea (EXIM Bank) said yesterday that it will increase its trade finance volume to 14 trillion…


Toprak Factoring joins Altэnbaю group

Toprak Factoring A.Ю., which was taken over by the Banking Regulation and Supervisory Agency (BRSA) in 2001, has announced that…

#bank#banks#investment


Confidence muted but renewed

As with most outlooks for venture capital in 2004, there is renewed optimism for the start-up and early-stage sectors, although…

#bank#funding#management


Company liquidations fall by 16 per cent

Creditors' voluntary liquidations fell by 16.6 per cent in 2003, according to Experian®, the leading business information company in Ireland.…

#insolvencies#insolvency


FDI in the world

Foreign direct investment (FDI), an indicator of the progress of globalisation, remained flat at US$653 billion in 2003, down from…

#economy#investment


Central Bank lowers refinancing rate

The Central Bank of Russia has lowered the refinancing rate to 14% from 16% as of 15 January. The Central…

#bank


Weak dollar squeezes small US importers

Since hitting its lowest point in November 2000, the euro has shot up by more than 50 per cent against…

#exports#interest rates#international


Coface optimistic about UK trading prospects in 2004

Steady growth, combined with dynamic public and private spending has prompted Coface to remove the UK from its negative watchlist.…

#bank#Bank of England#exporters


Parmalat enquiry finds securitisation of false invoices

Prosecutors investigating the collapse of Italian food group Parmalat yesterday seized documents from Archimede Securitization, a unit of Italian factoring…

Government to support small enterprises

The Greek government has earmarked Ђ145.6 million (US$186.2m) to support Greece's small- and medium-sized enterprises (SMEs) as a second phase…

#economy#smes

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