The U.S. economy grew in the third quarter at an annualized rate of 2.0% against 1.7% in the second quarter, thanks to an improvement in household consumption, according to figures released Friday by the department first estimate Trade.
Analysts and economists surveyed by Reuters had forecast a gross domestic product (GDP) up 2.0%
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Oct
30
Consumption is U.S. growth in Q3
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10 30th, 2010 |
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Oct
28
Suez Environment on Thursday posted a gross operating profit (EBITDA) and revenues rose in the first nine months of 2010 thanks to strong growth in its international activities.
The world number two in environmental services has also confirmed it was in 2010 increases of at least 7% of its turnover and at least 9% [...]
Oct
27
Slight improvement in U.S. consumer confidence
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10 27th, 2010 |
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U.S. consumer confidence rose more than expected in October, but remains close to its historical lows because of persistent concerns about the labor market, according to the index of the employers' organization Conference Board released Tuesday.
The index stood at 50.2 against 48.6 in October (revised from 48.5) in September. Analysts polled by Reuters [...]
Oct
25
Marubeni announced Monday the acquisition of shares held by a subsidiary of BP sites in four oil and gas extraction in the Gulf of Mexico.
The transaction, amounting to $ 650 million, is part of the process undertaken by BP which sells assets to satisfy the slate of the oil spill caused by the [...]
Oct
23
The improved demand in the industry should continue
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10 23rd, 2010 |
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The outlook for demand in the French industry in the fourth quarter rebounded sharply, shows the quarterly survey of conditions in the industry published Friday by the INSEE.
"In the third quarter, the aggregate demand addressed to manufacturers, as foreign demand remains found very dynamic, although it slowed slightly," says the institute in a [...]
Oct
21
Social movements linked to the debate on pension reform could cost hundreds of millions of euros for French companies without calling into question the growth momentum.
Strikes and disruptions in the supply of fuel affect primarily the oil and transport.
For the latter the first evaluations of the invoice of the movement are [...]
Oct
20
People's Bank of China surprised markets Tuesday with a first rate hike in nearly three years, a decision confirming his fears vis-à-vis inflation and speculation.
Deposit rates and lending to one year are collected each quarter point, an increase not seen since December 2007.
Crude oil fell and stock markets have reduced their [...]
Oct
18
Citigroup announced Monday that it recorded a third consecutive quarter of profits in favor of including a decrease in the amount of its provision for doubtful accounts.
The third U.S. bank by assets posted a profit of 2.2 billion dollars (1.6 billion euros) in the third quarter, or seven cents per share, against a [...]
Oct
16
Sales of new cars in Europe fell for the sixth consecutive month in September, according to figures released Friday by the ACEA, demand continues to suffer from the shutdown devices scrapping and uneven recovery that weighs on confidence.
All major markets have contracted, according to the Association of European Automobile Manufacturers (ACEA), including a [...]
Oct
14
U.S. inventories of crude oil, against all expectations, fell last week, said Thursday the U.S. Agency for Energy Information (EIA).
Crude inventories fell 416,000 barrels to 360.53 million. Economists on average had expected a rise of 1.1 million barrels.
Gasoline inventories fell more than expected, with a decline of 1.77 million, with 218.17 [...]