Sep 21

The bankruptcy of thousands of municipalities, local authorities and public institutions French becomes clearer. In fact, 5500 government entities agreed with toxic loans between 1995 and 2009, according to a confidential document from the bank Dexia revealed by Liberation.
Thus, at the height of the financial bubble, the specialist in financing local authorities [...]

Sep 9

The ECB now sees growth of 1.6% in 2011 for the euro area. However in June it had the opposite raised its forecast to 1.9%. For 2012 it expects growth of 1.3% against 1.7% previously. Inflation expectations remain unchanged at 2.6% this year and 1.7% next year.
The U.S. employment under the microscope
In [...]

Sep 3

The maneuvers began in the closed world of corporate marketing of sports rights. The European investment fund Bridgepoint acquired Infront, the world number two industry for about 600 million euros. Infront company formed ten years ago by Robert Louis-Dreyfus and Klaus Jacobs on the ruins of the Kirch empire, was put on sale by [...]

Jul 9

What a paradox! If criticized for its negative impact on the environment, China's largest producer and consumer of coal with 3 billion tonnes per year, making it the slow global warming.
Greenpeace officials, who estimate that 5.20 euros per tonne the cost of this energy source on the health of the Chinese, have [...]

Jun 26

Five days before the end of the selection process for the leadership of the International Monetary Fund (IMF), supports the two candidates, Christine Lagarde, French and Mexican Augustin Carstens, continue to occur. That night, it was Canada and Australia have shown their preference for the Mexican. "Past experience of the IMF Agustin Carstens, coupled [...]

Jun 24

The Italian luxury brand, Prada is the first of his country to its IPO on the Hong Kong. On his first day of trading, securities were up 0.25% in early trading to 39.60 Hong Kong dollars (3.56 euros), against an introductory course in 39.50 dollars in Hong Kong ( 3.55 euros), while the Hong [...]

Jun 11

The deputies continued Friday to review the draft budget law amendment removing the tax shield and reducing the ISF. As expected, they voted in Article 1 of the bill abolishing the wealth tax for estates of less than EUR 1.3 million and revised the scale for the highest wealth. Now between 1.3 and 3 [...]

Jun 10

The automaker PSA Peugeot Citroen plans to close its site of Aulnay-sous-Bois (Seine-Saint-Denis) "Current 2014" and that of Sevelnord (North) in 2013, threatening 6,200 jobs, according to an internal document of the group presented to the press Thursday by the CGT. In this paper, it is clear that "planning is consistent with the guidelines [...]

May 25

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 [...]

May 18
The Cac 40 plays yoyo
admin | business, international, money, news, technology | 05 18th, 2011 | Comments Off

This had not happened for a month. The Cac 40 closed on Monday below 4000 points, among others penalized by bank stocks. Investors worried about a new crisis on the debt of the euro area after the arrest of the International Monetary Fund boss Dominique Strauss-Kahn.
On Tuesday, the markets are a roller [...]

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