Financial News, Economic Education, Analysis

The distributor of ready to wear women Etam Thursday reported a jump in operating profit in the first half, thanks to China, but also an increase in its debt.
The group identified the first six months of the year operating profit of 18.1 million euros, an increase of 175.7% over one year.In Europe, profit [...]

Asahi Breweries and SABMiller are interested in operating in the Australian beer Foster's Group, valued over 10 billion dollars (7.9 billion euros), but no formal offer has yet been made, it was Monday learned from sources close to the matter.
The Sunday Times reported Sunday that SABMiller, the second brewer in the world, was [...]

Greece will receive a second tranche of funding from the European Union (EU) and International Monetary Fund (IMF) because Athens has fulfilled the conditions prescribed in its austerity plan, announced by the Minister of Finance in the Weekly Kosmos tou Ependyti.
Representatives of the EU, IMF and European Central Bank (ECB) will be in [...]

The stock starts up slightly Tuesday after five sessions of consecutive increase, supported by Alcoa, which started the season with a publication of the results better than expected.
But the continued restrictions on some Chinese real estate loans should limit growth.
At 9:27, the CAC 40 gained 0.26% to 3576.98 points, after 6.16% [...]

E. ON supports a proposal to allow alternative operators to finance the extension of the lifetime of nuclear reactors of EDF in becoming shareholders, "said President of the French subsidiary of German energy company.
In an interview published in Les Echos Friday, Luc Poyer also felt that the French nuclear industry was willing to [...]

Carrefour has launched the sale of its operations in Malaysia, Singapore and Thailand, we learn from several sources with direct knowledge of the case.
This could generate approximately 800 million euros in the French distributor.
Crossroads works with investment banks Goldman Sachs and UBS on the transaction, which should attract the interest of [...]

General Motors is expected to file his IPO in mid-August, we learned from sources close to the matter.
General Motors is also in talks with banks for a revolving credit line of five billion dollars.
Bank of America, Citigroup, JPMorgan Chase and Morgan Stanley have each agreed to provide $ 500 million loan. [...]

The G20 countries agreed Sunday to implement different solutions to find the path of sustainable growth and regulate their financial systems, and taking note of the uneven and fragile economic recovery in several of them.
Meeting in Toronto, the major industrial nations and big emerging economies have attempted to balance competing priorities with a [...]

Major European stock markets closed in negative territory for the second straight session, driven down by falling record sales recorded by the new homes in the U.S. in May, which has increased investors' fears about a slowdown the world economic recovery.
Do not arriving during the session to surpass 3,700 points, the Paris Stock [...]

Developing countries and emerging countries should represent nearly 60% of world GDP in 2030, thanks to a tilting movement of wealth that the crisis has accelerated, says the OECD in a report released Wednesday.
The rapid growth of large developing countries has helped reduce poverty but also increased inequality, says the Organisation for [...]