Financial News, Economic Education, Analysis

Wall Street has been able to maintain its gains Friday and turned down at the end of a shortened session and low volumes, a strong commercial start of the period of Christmas and New year could not compensate all fears arising from the debt crisis in the euro area.
However, U.S. consumers flocked to [...]

The industrial new orders decreased by 3.1% in September from the previous month after rising 0.8% in August.
The commands in French industry, including export, fell sharply in September after several months of growth, even if they were up all over the third quarter, INSEE said on Friday. The industrial new orders (excluding transport equipment [...]

The Japanese bank Mizuho will remove 3,000 jobs in response to the deteriorating economic climate marked by weak demand for credit and a difficult economic environment at the international level.
Mizuho Financial Group announced the elimination of these positions, which represent about 5% of its workforce, by March 2016 in connection with the merger [...]

A cabinet meeting will be held tonight to accept the austerity measures agreed at the Summit of the rescue of the euro on October 28 in Brussels. The Italian prime minister Silvio Berlusconi at the European Summit of October 23, 2011
The Italian government said Wednesday in a statement the convening of an extraordinary cabinet [...]

The Rugby World Cup ends after six weeks of competition, during which 20 nations competed in 13 stages. Key figures in images, the economic record of the competition.
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Previous Previous PauseSuivant 155 million euros in ticket sales Next
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Previous Previous PauseSuivant An organization deficit of 25 million [...]

Progress has been made in the ongoing discussions on the sovereign debt crisis in the euro area even though the solutions remain to be found by next Wednesday, said Saturday night French President Nicolas Sarkozy.
"There is progress," he said on his arrival in Brussels where he will hold talks with German Chancellor Angela [...]

After a rally the day before the European stock markets closed lower Wednesday in anticipation of what the Monetary Policy Committee of the Federal Reserve (FOMC) will decide to support the U.S. economy.
The crisis of sovereign debt continues to weigh on European shares and heckle banking stocks, particularly the French – the most [...]

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 [...]

The German finance minister, Wolfgang Schäuble, stressed Monday with his peers in the euro area for the option to exchange existing bonds Greek cons of new securities to maturity lengthened again be considered, said a source familiar with the German positions.
This option, which would reduce consistently the debt burden through a Greek private [...]

Volvo Cars, owned by Chinese Geely, is on track to sell more than 400,000 cars this year, says Olle Axelson, communications director of the manufacturer, quoted by the newspaper Dagens Industri.
"We can already say that we will finish the year above 400,000.The range is from 400,000 to 450,000 and (…) I think we [...]