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Worker

Remember the 3 Cs to get the best business loan term possible

A loan can either bring a business to new heights or disrupt the cash flow and bring a company down to oblivion. Prominent finance gurus Dale Clarke and Ryan O'Shea shared some expert advice to Forbes.com's Garrett Gunderson.

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Puerto Rico

Puerto Rico to meet with creditors Monday, not looking to cut principal

Puerto Rico is not intending to cut principal payments to bondholders but to renegotiate debt terms, and officials are set to meet creditors on Monday at the offices of Citi, the head of the island's Government Development Bank Melba Acosta told reporters on Tuesday.

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Ukraine

Ukrainian government approves framework for $15 billion debt-swap: Finance Ministry

The Ukrainian government approved on Saturday the framework for Ukraine's debt restructuring operation through which it aims to generate $15.3 billion, the Finance Ministry said in a statement.

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Chinese yuan

China to curb risks from short-term local debt: vice finance minister

China will take steps to rein in possible risks from short-term local government bonds, including converting such bonds into long-term debt, the country's vice finance minister, Zhu Guangyao, said on Saturday.

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Greece

Greek bank deposit outflows rose to 3 billion euros last week: JP Morgan

Deposit outflows from Greece's banks rose last week to around 3 billion euros, according to JP Morgan estimates, ahead of Friday's last-minute aid extension agreement with the country's euro zone creditors.

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Man Working on Oil Pipes

As oil slides, Singapore oilfield service firms struggle to refinance debt

Two Singapore oilfield service firms are finding it tough to refinance debt maturing later this year as the slump in crude prices has made investors and lenders hesitant, banking sources said.

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Unemployment

Americans are quitting their jobs more, and that's a good thing

In a paradoxically good development for the U.S. economy, Americans quit their jobs in September at the fastest rate in over six years.

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Conference of central bankers

G20 proposes buffer to end too big to fail banks

The world's biggest banks should hold a buffer of bonds in case of a collapse so that government bailouts are avoided, a global regulatory body proposed on Monday.

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Industrial worker

Solid rebound in Japan factory output eases economic concerns

Japan's industrial output rose in September at the fastest pace in eight months in a tentative sign of recovery in factory activity, offering some relief for Prime Minister Shinzo Abe as he moves closer to making a decision on a second sales tax hike.

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New York Stock Exchange

Fresh turbulence tests post-crisis financial markets

A dramatic upswing in volatility is putting post-crisis financial markets to the test, as curbs on banks' ability to take risks and an increase in technology-driven trading expose potential new cracks in the system.

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FCC

Spain's FCC says board approves $1.3 billion rights issue

Spanish builder and services company FCC (FCC.MC) said on Sunday its board had approved a well-flagged capital increase of 1 billion euros ($1.3 billion) which it will use to pay down debt.

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US stocks

Stocks rally as global selloff abates, bonds fall

World equity markets rallied, with European stocks surging the most in more than two years, and bond prices slid on Friday as investors poured back into beaten-down markets on solid U.S. corporate earnings and rising consumer sentiment.

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Traders work on the floor of the New York Stock Exchange

Stocks fall, bonds rise on Hong Kong unrest

Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while U.S. Treasury debt prices rose over uncertainty sparked by the protests.

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Italy's Prime Minister Matteo Renzi

Italy PM Renzi attacks establishment resistance, vows to press on

Facing rumors that he could face pressure to quit, Italian Prime Minister Matteo Renzi hit back on Sunday against criticism from business leaders and dared his opponents to challenge him in parliament.

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American consumers

Business spending, exports spur big bounce in U.S. economy

The U.S. economy grew at its fastest pace in 2-1/2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year.

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