Financial News, Economic Education, Analysis

The Chinese company Geely Automobile Holdings Wednesday reported a 35% rise in interim profits, higher than expected, but is facing a slowdown in sales due to increased competition in the biggest car market world.
The automaker, whose parent company Zhejiang Geely bought Volvo to Ford, posted a net profit of 804.85 million yuan (94 [...]

Publicis has raised its expectations for 2010 after having exceeded expectations in the first half to gain the favor of budgets and increased spending of its customers.
The third group in terms of global advertising revenues for 2010 it now expects organic growth above the rate of 3.5% estimated for the global market through [...]

Delta Air Lines, world's largest airline, announced Monday it had returned to profit in the second quarter, thanks to the resumption of international air traffic.
The group sees growth in its turnover due to economic recovery, after two difficult years for the airline industry faces a sharp decline in demand.
The company's net [...]

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 [...]

Publicis expects organic growth above 3% in 2010, said Friday Chairman of its Executive Maurice Levy in an interview with Reuters on the sidelines of the festival "Cannes Lions".
He reported an acceleration of organic growth of Publicis in the second quarter compared to the first and perspectives become more favorable for the second [...]

The British finance minister George Osborne presented an austere budget, reducing spending and raising taxes, while announcing the establishment of a tax on banks to reduce the deficit.
The Chancellor of the Exchequer said that state spending would be reduced by approximately 25% over the next five years, while the VAT will be raised [...]

Every month or so, President of Bernard Krief Consulting, Louis Petiet, is talked about. Just last week, are the auditors of the company that launched an alert on the accounts of Krief Group. In late 2009, however, some saw in this new defender of French industry, the savior of SMEs difficulties. Multiplying redemptions in [...]