Financial News, Economic Education, Analysis

U.S. stocks ended sharply lower Thursday as investors showed particularly nervous after the downward crossing of an important threshold for the S & P.
The Dow Jones lost 1.13% or 134.86 points at 11,770.73 points, while the Standard & Poor's 500, the reference fund managers, gave up 1.68% or 20.78 points to 1,216 , [...]

Progress has been made in the ongoing discussions on the sovereign debt crisis in the euro area even though the solutions remain to be found by next Wednesday, said Saturday night French President Nicolas Sarkozy.
"There is progress," he said on his arrival in Brussels where he will hold talks with German Chancellor Angela [...]

European shares have increased their relapse into closed Monday, recovering from lows of 2009, in a climate of growing concerns about the debt crisis and fears of euro fell back into recession in the United States.
The CAC 40 index ended down 4.73% at 2999.54 points, its lowest since July 10, 2009 (final closing) [...]

European shares ended Tuesday in the disorder after the publication of disappointing indicators in Europe and the United States, after a session and hesitant in trading volumes still very limited.
The CAC 40 index closed up 0.18% to 3159.74 points."That said, it's half a surprise, in a very anxiety provoking," he adds.
Other [...]

Hurricane Irene caused between 200 million and 400 million dollars (138 and 276 million euros) in damages covered by insurance in the states of North Carolina and South, said Sunday's catastrophe modeling firm EQECAT .
This evaluation suggests that the hurricane was downgraded to a tropical storm may have caused less damage than feared [...]

Macarthur Coal on Wednesday stressed its growth prospects and said to continue to seek a white knight to counter the hostile bid from ArcelorMittal and Peabody Energy, which pushed up the stock exchange.
ArcelorMittal, the world's largest steel and Peabody, the largest U.S. coal, offered 15.66 Australian dollars per share Macarthur, including dividend, about [...]

Vice President Joe Biden tried to reassure Beijing again on the strength of the U.S. economy by ensuring that Sunday the United States would never be in default.
"The United States has never been in default and will never be in default," said Biden in a speech to Sichuan in southern China.
China [...]

Several European suppliers of the Swedish Saab intend to apply for bankruptcy, hoping that this threat will grow the group, faced with severe budgetary difficulties, to settle its debts to them, their association said on Wednesday.
Vehicle production is interrupted in April at Saab, suppliers refusing to deliver more parts until they have been [...]

The "revolt of the tent" is growing. A large rally is planned on Saturday evening at 7:00 p.m. in Tel Aviv, to protest skyrocketing housing prices. And especially the widening of social inequalities. Efmme sleeping on a sofa near destentes installed on Rothschild Boulevard in Tel Aviv
The movement continues unabated. Last Saturday, more than [...]

The order for 100 long-haul that prepares Air France-KLM will be shared equally between Airbus and Boeing, the Tribune reported Friday.
According to information from newspaper, without citing its sources, the board of directors of the Franco-Dutch company will review the draft July 27, before an announcement expected in September.
The Tribune adds [...]