The improvement in the U.S. employment continued in January, with the highest rate of job creation observed in nine months and the unemployment rate fell to , its lowest level in nearly three years, reflecting the impact of growth in the fourth quarter of 2011 at the beginning of new year.
The Labor Department [...]
BNP Paribas, Societe Generale, Credit Agricole and BPCE on the list of large systemic banks that will be published Friday by the Financial Stability Board (FSB), said Nicolas Sarkozy, closing the G20 summit in Cannes.
The CSF must publish a list of 29 banks that need to raise capital and be subject to more [...]
PSA Peugeot Citroen said Wednesday its intention to eliminate 3,500 jobs in Europe in 2012 as part of strengthening its cost savings.
The automaker said that 2,500 jobs would be lost in the structure functions, while the enrollment decline in production is estimated at 1,000 positions.
In addition 2,500 jobs will be cut [...]
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 [...]
The French Finance Minister Baroin promised Saturday to the rest of the world that the Europeans would provide a response on October 23 "critical" to the debt crisis. The French Minister of Economy Baroin chaired the G20 finance 14 to 15 October in Paris
Europe is the threshold of a decisive week that will culminate [...]
There is currently no plan to recapitalize French banks and they do not need it, said the governor of the Banque de France, Christian Noyer, in an interview with Journal du Dimanche.
In case of extraordinary event, the public support mechanism used in France in 2008 is in place, says Christian Noyer, a member [...]
German Chancellor wants to avoid non-payment of Athens, which may affect other European countries. German Chancellor Angela Merkel (Blegrade by August 23, 2011)
German Chancellor Angela Merkel said Tuesday that it was necessary "to avoid any uncontrolled process in the euro area", referring to a bankruptcy of Greece as it is discussed with emphasis in [...]
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 [...]
Standard & Poor's considers the prospect of stable sovereign ratings of France and Great Britain and has no plans to downgrade over the next two years, said Tuesday the director of the ratings agency in Europe.
While S & P downgraded Friday to AA + the United States and matched their score with a [...]
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 [...]