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GE Commercial Finance unit acquires leasing business

General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office Solutions, the US copier and printer distributor, for about $1.5bn. The acquisition by GE's vendor financial services group, which has...

#acquisition#commercial finance#commercial lending

Norway's economy on the upswing

The state Central Bureau of Statistics (Statistisk sentralbyraa, SSB) released figures on Thursday indicating a rise in the business cycle…


Small businesses offered framework of incentives

Britain's small businesses are to get a Ј400m boost to their cash flow over the next three years and access…

#cash-flow#Deloitte#small business


Weak dollar hinders eurozone recovery

The downward trend of the US dollar, which has now lasted for more than a year, benefits American industry but…

#bank#banks#exports


Exports down by 4.6% in first 3 quarters of...

The value of Italian exports has gone down by 4.6% in the first 3 quarters of 2003 compared to data…


Eurozone growth next year to reach 1.6 per cent

The European Central Bank and IMF put eurozone growth next year at around 1.6 per cent, but the IMF says…


Best Factor and Invoice Discounter of the Year winner...

The “Best Factor and Invoice Discounter of the Year” has been awarded to leading business finance firm Bibby Financial Services…


After the slump, can Ireland survive the recovery?

It is a strange, but well-established, fact that the number of firms going bust peaks during an economic recovery, rather…


Bank Danamon re-evaluates its business strategy

Bank Danamon, the country's fifth-largest bank in terms of assets, is currently undergoing a re-evaluation of its business strategy after…

#bank#Deutsche Bank#i


Businesses make it easy for fraudsters to commit Company...

Businesses are unknowingly handing bin loads of personal and company information to criminals which is being used to fuel a…

#bank#data protection#financial services


Chinese export credit insurance to cover new soda plant...

CITIC Pacific Ltd. of China is to build a soda plant in Uzbekistan costing $100 million, according to a source…


Maine Group to buy small Hyannis bank

The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring…

#bank#commercial lending#conference

Pre-budget report for business; Chancellor seeks to woo the...

Gordon Brown attempted to woo small businesses in his pre-Budget report yesterday, promising measures to address the financing gap, encourage…

#small business#smes#trade

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