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 [...]

The CEO of Hewlett-Packard Co., Mark Hurd, under investigation for sexual harassment, resigned Friday, said the U.S. computer group.
Hurd, who was head of HP since 2005, will be replaced by Chief Financial Officer Cathie Lesjak, who will serve as interim executive director.
According to HP, an investigation into allegations of sexual harassment [...]

Publicis has raised its expectations for 2010 after having exceeded expectations in the first half to gain the favor of budgets and increased spending of its customers.
The third group in terms of global advertising revenues for 2010 it now expects organic growth above the rate of 3.5% estimated for the global market through [...]

The results of resistance tests passed by 91 European banks confirm the overall resilience of the banking system of the European Union, said on Friday in a joint statement the European Commission, the European Central Bank and European bank regulators.
The results announced Friday by the Committee of European Banking Supervisors (CEBS) show that [...]

Carrefour said on Wednesday he did not buy certain products in paper group in Indonesia Asia Pulp and Paper (APP), for environmental issues.
On the eve of the decision, Greenpeace accused APP, a subsidiary of Sinar Mas, of wanting to destroy the Indonesian rainforest and called distributors, including Carrefour, to stop buying its products. [...]

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 [...]

Publicis expects organic growth above 3% in 2010, said Friday Chairman of its Executive Maurice Levy in an interview with Reuters on the sidelines of the festival "Cannes Lions".
He reported an acceleration of organic growth of Publicis in the second quarter compared to the first and perspectives become more favorable for the second [...]

Every month or so, President of Bernard Krief Consulting, Louis Petiet, is talked about. Just last week, are the auditors of the company that launched an alert on the accounts of Krief Group. In late 2009, however, some saw in this new defender of French industry, the savior of SMEs difficulties. Multiplying redemptions in [...]

Spain is the subject of any concerns this week. Financial Times highlights the massive refinancing of Iberian banks from the ECB while El Econmista, a Spanish newspaper, described the preparation of a plan with 250 billion euros to avoid a crisis of "liquidity". A rumor that only reinforce the arrival of Dominique Strauss-Kahn in [...]

The objective, "not less deficit, a deficit from zero in 2018," insisted Eric Woerth at the presentation of the proposed government reform, Wednesday, June 16 The key measure for achieving this and the decline of the statutory retirement age to 62 years. And a whole series of other measures, which help the rich, business, [...]