Banco Santander has released Tuesday a net profit of 5.35 billion euros, down 35% as a result of new provisions for impairment of non-performing real estate assets. </ p> The largest bank in the euro area was the last of the Spanish banks to announce that it was setting aside capital to cover its exposure [...]
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Nov
30
In protest against the austerity plan of Prime Minister David Cameron, the public sector employees are mobilized en masse on Wednesday. A strike could be the "most important in a generation." Public transport could be very disturbed by work stoppages on Wednesday.
The British public sector employees are on strike on Wednesday against pension reforms, [...]
Nov
1
The gamble of George Papandreou destabilizes markets. A "no" to the Greeks in the referendum, which will probably take place in January, could force the country to default. And, ultimately, out of the euro area. The Greek Prime Minister George Papandreou.
The euro area has suddenly plunged into turmoil Tuesday after the surprise announcement of [...]
Oct
18
LVMH is resistant to economic fluctuations and keeps the pace
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calculation, corporations, information, management, marketing |
10 18th, 2011 |
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LVMH has maintained the pace of a very strong organic growth in the third quarter, despite the vagaries of the global economy and fears of slowing demand for luxury goods in mature markets.
The turnover of the world's number one industry, owner of Louis Vuitton leather goods, Hennessy cognac and Christian Dior perfumes, rose [...]
Sep
30
The CAC 40 index should increase by the end of the year, investors hoping to buy with it as long as the situation becomes clearer on the front of the debt crisis in the eurozone.
According to the median forecast of 27 analysts and fund managers polled by Reuters in a week, the Cac [...]
Sep
3
The budget deficit in Ireland reached 20.4 billion euros in late August against 12.1 billion euros in August 2010, announced Friday the Irish Department of Finance.
Excluding a $ 10.6 billion paid for the Irish banks, the deficit was reduced by about two billion euros a year, the ministry said.
Tax revenues reached [...]
Aug
26
Ben Bernanke, prudent, does not announce any decision
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08 26th, 2011 |
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The Federal Reserve chairman Ben Bernanke has failed Friday to announce new decisions to boost growth but felt it was vital for the economy to reduce unemployment in the long term.
Although it remains optimistic about the long term, the Fed chief has said that some changes were still troubling.He particularly said that the [...]
Aug
7
Paris and Berlin are expressed on the crisis, the ECB expected
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08 7th, 2011 |
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Paris and Berlin have affirmed the commitment of Europe to implement rapid reform EFSF decided July 21, encouraged Italy and Spain to act, and stressed the important role of the ECB, a few hours of the opening of Asian markets.
The joint statement of the French Presidency and the German Chancellor, however, evokes not [...]
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
23
The political positions are increasing after the new aid package to Greece. Have … but enough? Anthology."Paginate"> 10 / 14
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