Sep 5

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) [...]

Aug 21

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 [...]

Aug 10

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 [...]

Aug 5

The Paris Bourse offers a bounce in early trade Thursday after eight consecutive sessions of declines, markets have been burdened by the slowing U.S. economy and fears of contagion from the debt crisis in Italy Spain.

Jul 27

Singapore Airlines said Wednesday it has replaced a Rolls-Royce on one of its A380 after a failure occurred Tuesday.
Shortly after takeoff the aircraft from the airport of Singapore, the engine has stopped working, forcing the crew to turn back and return to land.
The Airbus was traveling to Hong Kong with 368 [...]

Jul 13

Gross domestic product (GDP) of China rose 9.5% in the second quarter on an annualized basis, representing a decrease of 0.2% compared to the first, announced Wednesday the National Bureau of Statistics.
This growth is still higher than the market expectations, which projected 9.4%.
Industrial production in turn increased by 15.1% between June [...]

Jul 9

The traditional sector study conducted by the Crédit Agricole and LCL confirms the upturn in the French industry. However, the effects of the crisis are far from being cleared and many areas may never recover their production level of 2007. A worker at the assembly plant Alstom TGV Reichshoffen.
We should not shun the good [...]

Jul 5

Saudi Arabia to buy 200 of the German Leopard 2A7 tanks +, revealed Monday the Saudi military sources.
The state oil in the Gulf has already purchased 44 Leopard tanks as part of the agreement, said one source.
"So far, Saudi Arabia bought 44 tanks from Germany and (…) wishes to acquire a [...]

Jun 30

MPs passed a tax increase on the sale of housing divorced couples. Women may be the first to suffer. With 130,000 divorces annually, the right to share is expected to generate nearly 323 million euros next year.
Wednesday, June 29, tax reform has finally been confirmed by joint committee (CMP). To review the tax shield, [...]

Jun 29

Japanese stocks ended up Wednesday in the wake of Wall Street, after the announcement of an increase in industrial production in the archipelago and as investor concerns over Greece seemed to temporarily subside.
The Nikkei gained 1.54% or 148.28 points to 9797.26 points, while the Topix, broader, taking 1.66% or 13.77 points to 844.11 [...]

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