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Here is all the money leaving China right now - Business Insider


Business Insider

Here is all the money leaving China right now
Business Insider
China is letting the renminbi devalue. The economy is slowing. The country's debt is growing ($28 trillion!). And that means the Chinese are having more difficulty paying their US-dollar-denominated debts as time goes by. So how much money, exactly, ...

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Tesco sells mothballed sites for ?250m

Tesco is selling off more than a dozen sites that it no longer wants to develop to a property company in a ?250m deal.

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GE sells $3.7 billion UK home loan portfolio to Kensington Mortgage - Business Insider


Business Insider

GE sells $3.7 billion UK home loan portfolio to Kensington Mortgage
Business Insider
(Reuters) - General Electric Co said on Wednesday it had sold a $3.7 billion portfolio of loans from its British home lending business to private equity-backed Kensington Mortgage Co Ltd as it continues to shrink its financing arm, GE Capital. The deal ...
GE sells US$3.7 billion UK home loan portfolio to Kensington MortgageChannel News Asia

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GOLDMAN SACHS: Oil prices are on the verge of plunging to $20 per barrel - Business Insider


Business Insider

GOLDMAN SACHS: Oil prices are on the verge of plunging to $20 per barrel
Business Insider
Effectively, the bank is now saying US oil producers need to go out of business for oil to rebound again, since the analysts "believe the market requires non-OPEC production to shift from our prior expectation of modest growth to large declines in 2016.".
US oil output set for sharpest fall since 1992, says industry bodyBBC News
Goldman Sachs says oil could fall to $20 a barrelThe Guardian

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