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, [...]
Aug
5
Jul
21
U.S. stocks open down sharply on Tuesday after disappointing quarterly results published judged by a number of big names from the coast.
In the first exchanges, the Dow Jones fell by 1.4% to 10,012.90 points while the Standard & Poor's 500 broad leaves 1.3% to 1057 points and the Nasdaq composite lost 1 7% [...]
Jul
9
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 [...]
Jul
5
Carrefour starts selling its activities in Asia
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07 5th, 2010 |
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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 [...]
Jun
24
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 [...]