Sault Ste. Marie, Ontario-based Essar Steel Algoma's lenders have approved an amendment to the company's September 2012 credit agreement allowing for credit support from its parent companies to reinforce Essar Steel Algoma's liquidity ...
Tags: Lenders, Steel Algoma
The inability to secure finance is a significant barrier to SME winning tenders in the resources industry, a new report commissioned by Australia’s export credit agency (EFIC) has found. The survey of 2,000 Australian SME showed ...
Tags: Finance, SME Growth
ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
Sault Ste. Marie, Ontario-based flat rolled sheet and plate steelmaker Essar Steel Algoma announced Wednesday that its parent companies will provide $50 million of credit support to reinforce the company's liquidity position. The Company ...
Tags: Essar Steel, Liquidity
United Lender Services (ULS), a Pennsylvania-based title insurance, settlement services, and appraisal management company, is expanding its commercial title insurance services. Led by director, general counsel James DiGregory, the ...
Tags: insurance, Insurance Services
April 16, 2013 - We’ve been educated on the importance of modifying our individual consumer behaviour and advocating for sustainable energy policies. Now, crowdfunding offers all of us a new way to protect our shared environment and ...
Canada based financial services group Manulife Financial and HDFC Life, the Indian affiliate of Standard Life, have submitted their bids to acquire HSBC's Indian life insurance arm, which has a market value of nearly $200m. As part of a ...
Tags: Manulife, HDFC Life, financial services
Kim Van Howe swears she's never looked better than in the glamour shots she had taken at Sears. It was late summer, she was 27, tanned, blond and wearing a velvet peach halter, she recalled wistfully while shopping Tuesday at the Sears on ...
Tags: Portrait Studio, Toys
Houston, Texas, United States of America (Free-Press-Release.com) April 2, 2013 -- HOUSTON – Houston-based Hi-Way Equipment Company LLC, along with Hi-Way Holdings LLC and HWE Real Estate LLC, reported today that they have filed ...
Tags: IH equipment, Hi-Way Equipment
For fourth-quarter 2012, 5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has reported revenue of $128.6m, up 6.5% on $120.7m last quarter but down 13.9% on $149.4m a year ago. Revenue for ...
The Inter-American Development Bank (IDB) announced the approval of a loan of up to $4 million to help Willbes HA, a subsidiary of The Willbes & Co Ltd, headquartered in Cheonan, Republic of Korea, to expand its existing ready-made garment ...
Tags: IDB, garment sector, garment
THE sharemarket jumped after Cyprus reached an in-principle agreement with the troika of international lenders on key parameters of a financial bailout, according to an EU official. Under the agreement, Cyprus' Laiki Bank would be split ...
Tags: economy