Financial News, Economic Education, Analysis

Singapore Airlines said Wednesday it has replaced a Rolls-Royce on one of its A380 after a failure occurred Tuesday.
Shortly after takeoff the aircraft from the airport of Singapore, the engine has stopped working, forcing the crew to turn back and return to land.
The Airbus was traveling to Hong Kong with 368 [...]

SGS, the world leader in monitoring and inspection, announced Friday a lower than expected performance in the first half of 2011, coupled with a concern about margins.
If the group expects to Geneva this year strong growth in sales about 10%, it expects operating margins but slightly lower at constant exchange rates.
The [...]

The German finance minister, Wolfgang Schäuble, stressed Monday with his peers in the euro area for the option to exchange existing bonds Greek cons of new securities to maturity lengthened again be considered, said a source familiar with the German positions.
This option, which would reduce consistently the debt burden through a Greek private [...]

The price of crude oil closed lower Monday in reaction to the decision of the IEA to make available 60 million barrels of oil stocks, amid economic uncertainty in the United States.
On the Nymex, the contract in August of U.S. crude (WTI) ended on a loss of 55 cents, or 0.6%, to 90.61 [...]

European distribution groups are about to pull the alarm: across the continent, consumers reduce their purchases of capital goods such as televisions or furniture, raising fears of a return to recession.
Customers, faced with rising prices on the one hand and the impact of austerity measures on the other, also trying to save money [...]

It Michel Rocard, Ambassador for negotiations on the poles say. It worried them on the eve of 50th anniversary of the signing of the Antarctic. Bulgarian base of Livingston Island in Antarctica
Former French Socialist Prime Minister Michel Rocard, Ambassador for negotiations on the Arctic and Antarctic poles, expressed concern Tuesday in Buenos Aires of [...]

In quick succession, two rating agencies have questioned the sustainability of the maximum AAA debt of the United States and United Kingdom. Something to laugh the financially troubled countries gathered under the acronym PIGS by delicate part of the Anglo-Saxon. Barack Obama and David Cameron
And three. After S & P and Moody's, Fitch, in [...]

Contributions to French life insurance products fell sharply in April, a trend since the beginning of the year amid rising performance of the Livret A and competition from other banking products.
Net inflows, the difference between contributions and benefits, amounted to 12.2 billion euros last month, down 48% compared to April 2010, according to [...]

The Italian Economy Minister Giulio Tremonti said on Sunday that his country would respect its commitments to its creditors. Lecce, in Puglia, Italy
The Italian Minister of Economy Giulio Tremonti said on Sunday that his country would respect its commitments to its creditors, after lowering by Standard & Poor's (S & P) to "negative" at [...]