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 [...]
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 [...]
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 [...]
Populist and protectionist measures in the developing world are likely to increase as nations will suffer the fallout from the crisis of sovereign debt in Europe and the economic slowdown in the U.S., said Thursday the president of the World Bank, Robert Zoellick.
Zoellick warned in an interview with Reuters that a new crisis [...]
Greek Prime Minister George Papandreou on Sunday chaired a cabinet meeting to decide which new austerity measures to ensure continued funding of a plan of international aid.
Inspectors from the International Monetary Fund and the European Union will hold a conference call Monday with Finance Minister Evangelos Venizelos to learn what steps will be [...]
In an interview with Les Echos, the head of Lagardère responds to criticism of its sense of priorities, and reveals his strategy to ten years. Arnaud Lagardère and his girlfriend, Jade Forest, were filmed last July during a photo shoot languorous. Since then, the video is a huge buzz on the internet.
"We do not [...]
European shares retreated again Friday morning after a black day, weighed down by fears of a recession in the United States. The latest information. Traders at the New York Stock Exchange, August 18, 2011
11:17: The Greek GDP could shrink by more than 4.5% in 2011 against 3.8% expected, announced Friday the Greek finance minister, [...]
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 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.
The agreement to increase the ceiling for public debt of the United States is at best a slight relief for a U.S. economy that has virtually stagnated in the first half and shows little sign of improvement.
Barack Obama announced late Sunday night that the Democratic and Republican leaders had agreed in extremis on [...]