Financial News, Economic Education, Analysis

In protest against the austerity plan of Prime Minister David Cameron, the public sector employees are mobilized en masse on Wednesday. A strike could be the "most important in a generation." Public transport could be very disturbed by work stoppages on Wednesday.
The British public sector employees are on strike on Wednesday against pension reforms, [...]

Wall Street has been able to maintain its gains Friday and turned down at the end of a shortened session and low volumes, a strong commercial start of the period of Christmas and New year could not compensate all fears arising from the debt crisis in the euro area.
However, U.S. consumers flocked to [...]

AT & T said Thursday it included in its accounts an exceptional charge of four billion dollars (3.0 billion) to cover the cost of a possible failure of his proposed takeover of T-Mobile, an operation whose outcome seems increasingly compromised.
The U.S. operator and Deutsche Telekom, parent company of T-Mobile, ensured continued efforts to [...]

The industrial new orders decreased by 3.1% in September from the previous month after rising 0.8% in August.
The commands in French industry, including export, fell sharply in September after several months of growth, even if they were up all over the third quarter, INSEE said on Friday. The industrial new orders (excluding transport equipment [...]

U.S. stocks ended sharply lower Thursday as investors showed particularly nervous after the downward crossing of an important threshold for the S & P.
The Dow Jones lost 1.13% or 134.86 points at 11,770.73 points, while the Standard & Poor's 500, the reference fund managers, gave up 1.68% or 20.78 points to 1,216 , [...]

The Japanese bank Mizuho will remove 3,000 jobs in response to the deteriorating economic climate marked by weak demand for credit and a difficult economic environment at the international level.
Mizuho Financial Group announced the elimination of these positions, which represent about 5% of its workforce, by March 2016 in connection with the merger [...]

Compagnie Financière Richemont said Friday expect a rise in operating income for the year after the publication of figures above analysts' expectations for the first half.
"In the second half, the impact on the luxury industry of the economic challenges the world faces and the high comparison base to which the measure group sales [...]

The German government's economic advisers believe that the European Central Bank (ECB) is likely to lose credibility by buying government bonds heavily indebted.
"The bond purchase program dismantles market discipline without establishing a discipline policy in place," write the "Wise Men" German in a report released Wednesday.
Blurring the fiscal and monetary policies, [...]

Commerzbank may need assistance from the German government to comply with new European requirements for capital if the economy continues to slow, given the poor results recorded recently by the group, said Monday the agency Fitch Ratings.
Last week, Germany's second largest bank, owned 25% by the German federal state, however, had said she [...]

BNP Paribas, Societe Generale, Credit Agricole and BPCE on the list of large systemic banks that will be published Friday by the Financial Stability Board (FSB), said Nicolas Sarkozy, closing the G20 summit in Cannes.
The CSF must publish a list of 29 banks that need to raise capital and be subject to more [...]