Financial News, Economic Education, Analysis

The Chinese company Geely Automobile Holdings Wednesday reported a 35% rise in interim profits, higher than expected, but is facing a slowdown in sales due to increased competition in the biggest car market world.
The automaker, whose parent company Zhejiang Geely bought Volvo to Ford, posted a net profit of 804.85 million yuan (94 [...]

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 [...]

Marc Touati, Associate Director of Global Equities
This topic is more socially and economically. In the current crisis, it is even very controversial, very "dangerous". We must therefore take tweezers in the formulation of the analysis to avoid offending the spell …
I. The model of solidarity to the French: the world's best [...]

Rio Tinto has committed to increase its investment to sustain growth after reporting earlier in the day a record net profit in the first half, thanks to buoyant sales of iron ore in China.
The second largest producer of iron ore, a key component in steelmaking, will increase its investments by 50% in 2011, [...]

Global growth will slow in the coming months, in the wake of China and the United States, because of austerity plans implemented in various countries, according to a Reuters poll.
However, several Asian countries, like India and South Korea, should yield better performance this year that envisioned a few months ago.
Ultimately, the [...]

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 [...]

The Paris Bourse was up in early trade on Thursday and back above 3,500 points after a sharp rise in New York, buoyed, like Europe, by bank and by the optimistic forecasts on State Street the quarterly earnings season.
The European markets have embraced the methodology of stress testing of banks in Europe and [...]

The British finance minister George Osborne presented an austere budget, reducing spending and raising taxes, while announcing the establishment of a tax on banks to reduce the deficit.
The Chancellor of the Exchequer said that state spending would be reduced by approximately 25% over the next five years, while the VAT will be raised [...]