If the Chinese Premier Wen Jiabao expressed his "confidence" in the future of the euro area and promised to continue investing in the region at the beginning of a new tour on the old continent, the mood remains tense markets Financial. While stock markets in Asia are changing declined this morning, the Cac 40devrait [...]
"It's like a firefighter trying to douse the fire he lit himself," smiled a Bordeaux wine merchant. A few weeks after he praised the quality of the 2010 vintage of Bordeaux wines, which sold en primeur has just begun, the taster American Robert Parker has sounded the alarm. It would be wrong to raise [...]
At 9:00 precisely, a bottle of Coca-Cola in hand, John Brock, CEO of Coca-Cola Enterprises (CCE), rang the bell of NYSE Euronext. A symbolic gesture marking the opening of the session and the first listing of a major bottlers of Coca-Cola to the Paris Bourse. The initial share price was set at 20.73 euros [...]
Even before that Dominique Strauss-Kahn announced his resignation Thursday morning, the United States, largest shareholder of International Monetary Fund (IMF), followed by China, had already thrown open the debate on selection of the replacement of the patron of the monetary institution. "Obviously Dominique Strauss-Kahn is unable to manage the IMF," said Tim Geithner on [...]
The effects of the global crisis will be felt on sustainable public finances in Europe. In 2010, the year of recovery for the European economy, the countries of the euro area show that more poor results in terms of criteria set by the European treaties (see graphic), according to figures released Tuesday by Eurostat. [...]
The government wants to regain control of the social terrain. Freezing gas prices, revaluation of kilometric scale, paying a premium for employees in companies that distribute dividends to their shareholders … These initiatives redo the executive to the forefront of French political concerns, those bearing on their purchasing power. "In crisis, we must take [...]
While eight months, the series Genzyme has monopolized the attention of the markets, traders should now look again more closely at the product portfolio of Sanofi-Aventis. After disappointing results in late January on a treatment (BSI-201) against a form of breast cancer, the pharmaceutical company said Tuesday that both positive clinical results on one [...]
Faced with the triple disaster (earthquake, tsunami, nuclear accident) that affects Japan, the Japanese government is studying the establishment of an emergency plan to help Island businesses to continue their activities , reported Saturday the Nikkei Newspaper. In total, the emergency budget specially created and distributed in the form of loans at low interest [...]
After Australia and New Zealand, the reinsurers would have gone well for this new disaster. Although it is too much to quantify the exact costs of the earthquake on Friday, the magnitude of the earthquake – 8.8 on the Richter scale, the most powerful ever recorded in the Archipelago, as well as 'expected arrival [...]
A quiet conference. This is what awaits Jean-Claude Mailly, secretary general of FP, this week in Montpellier. Without internal opposition, his record the last three years should not raise major criticisms. 'E do not expect an uphill fever, says Jean-Claude Mailly. We may have some comments on the fin breaks conventional or reform of [...]