Apply now

Category: News

Osborne’s new quiet revolution

Osborne has started a new quiet revolution by cutting down the corporate tax. He said that the new HMRC would increase the investment and the economic growth. After knowing about the autumn statement, the people would have different opinions about the tax cut.

Read more

GE Asked To Pay 34 Mio USD To Its Credit Card Customers

GE Capital has its task cut out as it has been ordered to pay punitive damages of around $34 Mio USD to its customers in USA. The main reason for being asked to pay these damages is because of the deceptive manner in which it enrolled unsuspecting customers under its credit card enrolment scheme. The order has been passed by The Consumer Financial Protection Bureau. The ruling will also be applicable to Care Credit, which is a subsidiary of GE Capital

Read more

Increase in unemployment benefit claims

The number of citizens who are seeking the unemployment benefits has increased to 68 thousand in the last week. This accounts to total of 368 thousand unemployment benefit claims. The department of labor announced that the four week average rose to 328 thousand.

Read more

Low close for Australian market prior to the federal meeting

The Australian stock market closed lower prior to the Federal Reserve meeting, says journalists at Yahoo Finance. The Federal meeting is forecasted to affect the investment in Australia. It is considered that some overseas news have driven the market today. The Federal Reserve meeting is planned to be held on Thursday of this week.

Read more

The Debt Scenario in UK

Debt is a part and parcel of everyday life. However, it appears that many people, especially the new generation is not serious about managing it well. This in turn is bound to cause problems in the future, more so in the long term.

Read more

Highest mortgage approval since 2008

The mortgage approvals are at the highest level in the last 51/2 years. 67,701 mortgages worth 10.5 million Euros were approved in October. The house price went up 6.5% in October and 6% in November.

Read more

San Francisco’s growing pains

The mid-Market area, one of  S.F’s most crime ridden neighborhoods became the hub of tech companies after Mayor Edwin Lee in 2011 pushed through a payroll tax holiday for companies in mid-Market bringing in Twitter and 16 other companies, bringing thousands of jobs.  

Read more

Traders wash away QBE by $4.2bn

QBE in trading halt to finalize review:

Insurance company QBE asserts that it can generate its devastating US business into an achievement after getting a near $1 billion reach and observing its stocks jump. Stunned traders responded brutally, wiping more than $4 billion right from the worth of one of the ASX’s 20 largest firms, with QBE stocks dropping $3.45 or 22.3 per cent, to $12.

Read more

Securing a business loan

Every business requires cash to start, operate and sustain and achieving this is not an easy feat. It in fact manifests as a huge challenge for startups or new entrepreneurs. Most small business and startup loans range from $5000 to $5 Million.

Read more

Not many takers for Business Loans

Until recently, it appeared that the efforts of the government to ensure easy access to funds, especially for small and medium businesses, had yielded good results. However, the latest data indicates that businesses’ enthusiasm to avail funds for new investments appears to be tapering off.

Read more