Financial News, Economic Education, Analysis

The President of the European Central Bank (ECB), Jean-Claude Trichet, said that the crisis of sovereign debt in Europe is not over and it is too early to estimate the lights returned to green.
In interviews granted to the German newspaper Bild am Sonntag, and French Le Monde, one that will yield the first [...]

The decisions of the top leaders of the euro area in particular provide a 50% discount on Greek debt held by private creditors and a strengthening of the EFSF to 1.000 billion euros. The details. The European Council President Herman Van Rompuy, Nicolas Sarkozy and Angela Merkel in Brussels.
The top of the eurozone, which [...]

Rio Tinto launched a friendly offer of 578 million Canadian dollars (414 million) on the Hathor Exploration mining group, specializing in uranium exploration.
This could derail the hostile bid launched by Cameco Corp. of Hathor.
The Board of Hathor has recommended that shareholders accept the offer of Rio Tinto, which amounts to 4.15 [...]

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 [...]

French banks are solid and have a problem or solvency or liquidity, reiterated Thursday the French Minister of Finance, Baroin, and the government spokesman, Valérie Pécresse.
The major French banks have seen their market value melted in recent weeks, partly because of the fear of the effects of the continuing crisis of debt in [...]

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 were down Thursday at midday, hit by profit taking after rebounding the previous sessions, even if investors prefer to remain cautious on the eve of the release of U.S. employment figures for the month August.
European markets also suffer from renewed concerns about economic growth after the announcement of the first contraction [...]

Hurricane Irene caused between 200 million and 400 million dollars (138 and 276 million euros) in damages covered by insurance in the states of North Carolina and South, said Sunday's catastrophe modeling firm EQECAT .
This evaluation suggests that the hurricane was downgraded to a tropical storm may have caused less damage than feared [...]

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 [...]

Macarthur Coal on Wednesday stressed its growth prospects and said to continue to seek a white knight to counter the hostile bid from ArcelorMittal and Peabody Energy, which pushed up the stock exchange.
ArcelorMittal, the world's largest steel and Peabody, the largest U.S. coal, offered 15.66 Australian dollars per share Macarthur, including dividend, about [...]