Cemex to cut $700m in costs following 4Q net loss - PR Inside
Posted in Credit Card Debt, Loan Modifications by admin on February 1st, 2009
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MEXICO CITY (AP) - Mexican cement maker Cemex SAB plans to cut $700 million in operational costs this year to ease losses as the world economic crisis slows construction, the company said Friday. Cemex will seek to refinance more of its $18 billion …
Credit-shy banks are strangling businesses
- Peterborough Evening Telegraph
A SUCCESSFUL businessmen warned yesterday that his Peterborough firm might fall victim to the banks growing refusal to lend cash. Fashion car accessories enterprise owner Lee Shakespeare told of his plight to a high-profile gathering of city leaders …
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