UK business bank, Hitachi Capital in $150 mln asset-backed loans deal

[Buzz_Burner_Fresh_Updates] UK business bank, Hitachi Capital in $150 mln asset-backed loans deal – reuters.com LONDON, Oct 2 (Reuters) – The state-owned British Business Bank is providing a 100-million-pound ($151 million) facility to finance firm Hitachi Capital to fund asset-backed loans to small businesses. Continue Reading On reuters.com »  

UPDATE 1-India awards 10 permits to create small banks to help businesses

[Buzz_Burner_Fresh_Updates] UPDATE 1-India awards 10 permits to create small banks to help businesses – reuters.com * Micro lenders among those selected for small finance bank permit Continue Reading On reuters.com »  

Apple faces hurdles as it positions iPad Pro for business use

[Buzz_Burner_Fresh_Updates] Apple faces hurdles as it positions iPad Pro for business use – reuters.com SAN FRANCISCO (Reuters) – Apple Inc. faces significant challenges selling its larger and more powerful iPad Pro to businesses because companies are reluctant to switch software vendors and use an expensive device that lacks specialized business apps, analysts said. Continue Reading […]

B&G Foods to buy General Mills' Green Giant business for $765 million

[Buzz_Burner_Fresh_Updates] B&G Foods to buy General Mills' Green Giant business for $765 million – reuters.com (Reuters) – Snack food company B&G Foods Inc said it will buy General Mills Inc’s Green Giant frozen food and Le Sueur canned vegetable businesses for about $765 million in cash. Continue Reading On reuters.com »  

Citi sells Hungary consumer banking business to Erste Group

[Buzz_Burner_Fresh_Updates] Citi sells Hungary consumer banking business to Erste Group – reuters.com (Reuters) – Citigroup Inc agreed to sell its consumer banking business in Hungary to Austria’s Erste Group Bank AG as the third-biggest U.S. bank by assets continues to divest non-core operating businesses. Continue Reading On reuters.com »