Financial News, Economic Education, Analysis

Wall Street has been able to maintain its gains Friday and turned down at the end of a shortened session and low volumes, a strong commercial start of the period of Christmas and New year could not compensate all fears arising from the debt crisis in the euro area.
However, U.S. consumers flocked to [...]

AT & T said Thursday it included in its accounts an exceptional charge of four billion dollars (3.0 billion) to cover the cost of a possible failure of his proposed takeover of T-Mobile, an operation whose outcome seems increasingly compromised.
The U.S. operator and Deutsche Telekom, parent company of T-Mobile, ensured continued efforts to [...]

The Japanese bank Mizuho will remove 3,000 jobs in response to the deteriorating economic climate marked by weak demand for credit and a difficult economic environment at the international level.
Mizuho Financial Group announced the elimination of these positions, which represent about 5% of its workforce, by March 2016 in connection with the merger [...]

Compagnie Financière Richemont said Friday expect a rise in operating income for the year after the publication of figures above analysts' expectations for the first half.
"In the second half, the impact on the luxury industry of the economic challenges the world faces and the high comparison base to which the measure group sales [...]

BNP Paribas, Societe Generale, Credit Agricole and BPCE on the list of large systemic banks that will be published Friday by the Financial Stability Board (FSB), said Nicolas Sarkozy, closing the G20 summit in Cannes.
The CSF must publish a list of 29 banks that need to raise capital and be subject to more [...]

The President of the European Central Bank (ECB), Jean-Claude Trichet, said that the crisis of sovereign debt in Europe is not over and it is too early to estimate the lights returned to green.
In interviews granted to the German newspaper Bild am Sonntag, and French Le Monde, one that will yield the first [...]

The Rugby World Cup ends after six weeks of competition, during which 20 nations competed in 13 stages. Key figures in images, the economic record of the competition.
1 / 10
Previous Previous PauseSuivant 155 million euros in ticket sales Next
2 / 10
Previous Previous PauseSuivant An organization deficit of 25 million [...]

The leader of the ultra-liberal Freedom and Solidarity (SaS) is threatening not to support the strengthening of the European Financial Stability Fund (EFSF). Slovakia is the latest European country to not voting the text. Slovak Prime Minister Iveta Radicova and the president of Freedom and Solidarity Movement (SaS) Richard Sulik in negotiations for el parliamentary [...]

Friday Fitch downgraded the rating of Italy a notch and that of Spain in two, citing a worsening debt crisis in the euro area and the risk of fiscal slippage in both countries.
Note of Italy fell from AA-to A + and that of Spain AA + to AA-.The prospect of the two countries [...]

The Portuguese prime minister said Wednesday that his country would be vulnerable if a member country of the euro area was defaulting on its debt.
"I do not want a country will default but if it happens, obviously (…), we would be vulnerable to an event of this nature," said Pedro Passos Coelho to [...]