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US Economy Emerging From Recession?

The Institute for Supply Management (formerly the National Association of Purchasing Management) has announced that its index of factory activity rose from 44.5 in November to 48.2 in December, its highest level in 14 months. This has been taken by...

#economy#management#recession

Congress Passes Bill Stipulating that Court Approval is now...

On 20 December 2001 both houses of Congress passed HR 2884, the federal tax relief package for victims of the…


PMI Signals Increase in the Rate of Manufacturing Contraction

The UK manufacturing economy recorded a further month of significant contraction in December. The seasonally-adjusted Purchasing Managers’ Index (PMI –…

#economy#recession


Sequoia National Bank Sues Sub-Prime Lenders Over Allegations of...

Sequoia National Bank has announced that it has filed a lawsuit against Peter Behr, Jr., Richard Hatfield, Daniel Holland, Robert…


BancoEstado Guarantees US$110m for Small Businesses Credit

BancoEstado is extending US$110mil in warranties for loans for operations and investment projects for micro, small and medium sized companies…

#BBVA#financial institutions#guarantees


Gerling Offers Financing of Trade Receivables Through Capital Market

On 19 December 2001, Gerling Speziale Kreditversicherungs-AG, Cologne, became the first credit insurer to offer European small and medium-sized enterprises…


Banks Escape Regulation of Dealings with Small Business

Banks are set to escape tough new regulations covering their dealings with small businesses in favour of a code of…


Predictions of Increased Economic Growth in Asia Could Benefit...

According to the Japanese External Trade Organisation (Jetro), economic growth in east Asia will pick up next year and then…


BCR Release Details of the First Receivables Finance International...

Shape the future of Asia-Pacific factoring! BCR Receivables Finance International’s Asia Pacific Conference is to be held in Singapore’s Four…

#BCR Publishing#conference#international


Business Leaders Again Name GE World's Most Respected Company

General Electric was named the world's most respected company for the fourth straight year in a worldwide survey of chief…


Late Payment is Still the Norm

Companies are still taking longer to pay their bills three years after legislation to speed up payment was introduced. The…


Leslie Bland Comments on Industry Trends in the Wake...

Leslie Bland, Chief Executive of Close Invoice Finance has today commented on the reasons behind and implications of the recent…

Barcelona 2001 – FDA Annual Conference

The fifth annual conference of the UK Factors and Discounters Association was held, with much success, last week on the…

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