Financial News, Economic Education, Analysis

The Federal Reserve Chairman United States, Ben Bernanke said Friday that the economic recovery had slowed more than expected and the Fed was prepared, if necessary, to adopt additional measures to support the activity.
"The committee (monetary policy) is ready to implement further monetary easing through unconventional measures, if necessary, especially if the outlook [...]

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, [...]

Dow Chemical reported earnings below expectations in the second quarter, an interruption of production at three plants dwarfing sales jump, all industries and all regions.
Accordingly, the action has opened down 6.8%.
The measures undertaken in these three plants to increase their operational speeds began earnings per share (EPS) of 7 cents and [...]

British Airways saw its loss widen in the first quarter of 2010-2011, under the combined effects of volcanic ash cloud and a strike, which did not deter the British airline reaffirmed its forecast of a pretax profit in equilibrium.
At about 8:00 GMT, the group, which saw its value melt a billion pounds over [...]

European values rose again Tuesday, ending a five-week high, despite the announcement of a sluggish U.S. consumer morale, but below their highest of the day, as investors continued to anticipate an improvement conditions with some macroeconomic indicators and results of large groups considered encouraging.
In Paris the CAC 40 gained 0.83% to 3666.40 points, [...]

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 [...]

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% [...]

General Electric reported Friday a 16.1% increase in net income for the second quarter 2010, ending a run of nine consecutive quarters of declining results, the industry group that benefited from strong demand for equipment in the areas of health and energy.
The leaders of the U.S. giant, however, cautioned against some signs of [...]

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% [...]

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 [...]