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GE accelerates Baker Hughes exit plan with stake sale

General Electric Co is selling a part of its stake in oilfield services provider Baker Hughes , the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt......»»

Category: topSource: reutersNov 13th, 2018

Bitcoin Teases Bull Move After Defense of Key Price Support

Bitcoin could be in for a recovery rally, having defended a key support level over the weekend......»»

Category: forexSource: coindeskNov 12th, 2018

Using your home"s equity to pay off credit card debt is a dumb move

Dear Liz: My ex-husband is a self-employed carpen.....»»

Category: topSource: latimesNov 11th, 2018

Ford goes local to win a bigger slice of India

Ford made a profit in India for the first time in a decade in the last fiscal year, a sign that its strategy to move closer to its local partners there is paying off. Ryan Brooks reports......»»

Category: videoSource: reutersNov 6th, 2018

He moved to a jungle in India to escape his giant student debt

Some student loan borrowers are packing their bags and fleeing to other countries, where the cost of living is lower and debt collectors wield less power......»»

Category: topSource: moneycentralOct 29th, 2018

Smartphones mean big business in India

India’s booming mobile communications industry could soon rival China's as big brands move into the country. Reuters' Sankalp Phartiyal has been visiting factories looking to do what China does, cheaper......»»

Category: videoSource: reutersOct 25th, 2018

Italian Credit Downgrade Likely to Add to Pressure on Europe"s Markets

Italy’s credit was cut by Moody’s to the lowest investment-grade rating, in a move that will likely add further selling pressure on Italian bonds and raise borrowing costs for the debt-laden country......»»

Category: europeSource: wsjOct 20th, 2018

Thousands of defrauded students could have loans cancelled

A judge ruled Tuesday that an Obama-era rule aimed at cancelling the debt of students defrauded by for-profit schools would go into effect immediately. The Trump administration and the for-profit college sector fought to delay that regulation......»»

Category: topSource: moneycentralOct 16th, 2018

Italy budget debacle puts Europe back in global spotlight

As the euro zone sovereign debt crisis petered out, European officials at annual meetings of the International Monetary Fund were happy to move out of the spotlight over recent years. Europe was not in the eye of the storm......»»

Category: topSource: reutersOct 13th, 2018

Mattress Firm to close even more stores in Phoenix area

Mattress Firm Inc. has announced more store closures in the Phoenix area as its bankruptcy proceedings move forward. The country’s largest mattress retailer filed for Chapter 11 reorganization last week as it was more than $1 billion in debt. Part of.....»»

Category: topSource: bizjournalsOct 10th, 2018

The Sniff Test: 10 potential red flags for investors in India Globalization Capital, the pot stock that jumped 1000% in three months

Shares of a company that says it wants to make a line of CBD-infused drinks have run up dramatically, but is there any real news behind the move?.....»»

Category: topSource: marketwatchOct 4th, 2018

Japanese Yen: USD/JPY (JPY=X) continues upwards

Japanese Yen: USD/JPY (JPY=X) continues upwards After yesterday’s small move lower we have seen a recovery for USD/JPY, holding the ¥113.64 level. A fresh push above ¥114.00 targets ¥114.50, which had been significant resis.....»»

Category: topSource: livetradingnewsOct 3rd, 2018

India Takes Over Shadow Lender to Save System From "Lehman Moment"

The Indian government is taking over and investigating struggling shadow lender, Infrastructure Leasing & Financial Services, to try to keep its debt problems from destabilizing the country’s financial system.....»»

Category: topSource: wsjOct 1st, 2018

India Seizes Control of Indebted Lender in Surprise Move - Bloomberg

BloombergIndia Seizes Control of Indebted Lender in Surprise MoveBloombergIndia's government will immediately seize c.....»»

Category: topSource: googlenewsOct 1st, 2018

In Shock Move, India Nationalizes Giant Shadow Bank At Center Of Market Rout

One week after we reported that I.....»»

Category: blogSource: zerohedgeOct 1st, 2018

Credit.com: The smart way to use credit cards for wedding expenses

It could be a financially savvy move if you have a plan, and don’t plunge yourself into unnecessary debt......»»

Category: topSource: marketwatchSep 25th, 2018

India"s NPL Crisis Erupts: A Major Shadow Bank Defaults On Three Debt Payments

IL&FS Investment Managers, a unit of India’s Infrastructure Leasing & Financial Services (IL&FS.....»»

Category: blogSource: zerohedgeSep 22nd, 2018

Amazon Buys a Half-Stake in One of India"s Leading Supermarket Chains

Earlier this year, Walmart closed a deal to tap India's fast-growing consumer market. Amazon made its counter-move......»»

Category: topSource: foxnewsSep 20th, 2018

Elliott: "An Economic Recovery Based Around High Debt Is Really No Recovery At All"

Authored by Larry Elliott via The Guardian, As a profession, economists are absolutely hopeless at forecasting recessions. That is true not only in the years before a severe downturn. It happens when the storm is ab.....»»

Category: blogSource: zerohedgeSep 17th, 2018

India Rues Its Own Belt-and-Road Debt Fiasco

IL&FS has extracted a heavy toll by playing on the nation’s desperation for infrastructure......»»

Category: topSource: washpostSep 17th, 2018