Hardly a day passes without someone in Chinese finance “falling off his horse”, or coming under a corruption investigation. State media warned on June 5th that the banking industry is infested with “moths”—mid-level managers who slowly ingest lenders’ resources from the inside out. “Internal ghosts”, executives who use insider connections to pilfer billions from banks,…
Loan repayments could lead to closures of 8,000 small Saskatchewan businesses
“Those small businesses that fought three hard years just to survive the pandemic are still facing significant challenges on their road to recovery,” said Solberg, whose organization has 4,000 business members. Solberg conducted a survey with the CFIB which concluded that 19 per cent of all small businesses could close in Saskatchewan.The loan repayment date…
Email tools to make your marketing pop out
In today’s fast-paced digital world, email marketing is one of the most effective ways to connect with your audience. But with so many businesses vying for the attention of the same potential customers, how can you stand out from the crowd? One often overlooked aspect of email marketing is the email signature. You might think…
How to write a startup business plan in 2023?
A business plan is a formal document that includes the goals of your business and how you will achieve them. It is a roadmap or outline to showcase how your startup will work but it has to be compelling to attract investors. Whether you are a new startup or an established one, a business plan…
10 Best Small Business Loans of 2023
JLco – Julia Amaral / Getty Images/iStockphoto Small business owners can often benefit from taking out a loan or line of credit to cover operating costs, bridge cash flow gaps or fund other things like marketing, production and growth. Since many types of small business loans exist, each with a different purpose and requirements, it’s…
Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy
The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the US and Canada. Illinois-based Instant Brands said Monday that it has “initiated a voluntary court-supervised Chapter 11 process,” due to an unmanageable debt load. “Tightening of credit terms and higher interest rates impacted our liquidity levels…
Father’s Day Provides Sales Boost for Menswear Retailers
Last year was unquestionably the year of the wedding and menswear retailers reaped the benefits with soaring sales of suits and furnishings. Although the wedding frenzy has weakened a bit, merchants are still experiencing a heightened demand for dressier apparel and accessories, whether it’s for weddings, proms or returning to the office. But in addition…
Canada finance minister: Stellantis investment ‘is coming’
OTTAWA, June 14 (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES (STLAM.MI), (373220.KS) electric vehicle battery plant, is confident that the investment is good for the country and “is coming,” Finance Minister Chrystia Freeland said on Wednesday, hinting that a new deal may have been reached. “We’re very confident in the…