The decision does not surprise employees. According to union sources on Saturday, Total has initiated proceedings before the Tribunal de Grande Instance of Nanterre to challenge the decision of the Court of Appeal of Douai forcing it to reopen its Dunkirk refinery. The oil group has assigned Friday the employee representative bodies in order [...]
The CAC 40 has started no surprises in Tuesday's session sharply downward. Yesterday, the index had chained up his fourth consecutive session in the wake of Wall Street in early trading.
Then, a theater, after the closure of European markets: Moody's has severely degraded the note of Greece, four notches. The rating agency [...]
The index futures are predicting a cautious opening of U.S. markets. Shortly before the opening of Wall Street, futures on indices Standard & Poor's 500 and Nasdaq 100 yielded 0.41%, to 1203.30 points, and 0.37% at 2039.75 points.
The Dow Jones is expected to slightly decline, -0.22% to 11,126 points.
The small [...]
The International Monetary Fund (IMF) Wednesday nudged up its forecast for global growth but said the risks to the recovery, particularly the developed countries' public debt and imbalances in capital flows. In fact, the institution has maintained its growth forecast for the eurozone to 1% in 2010, while stressing the fragility of the recovery [...]
The third U.S. airline, United Airlines, and the fourth, Continental Airlines, have resumed discussions on a possible merger of the two entities reported in the New York Times. The dialogue is not yet in its infancy. Negotiations had been held on this same subject two years earlier, but Continental had broken the commitment to [...]
Far from the torpor on the United States and Europe, emerging Asia is in great shape. "Largely thanks to China, regional output, exports and employment have recently regained their pre-crisis levels," notes the World Bank in its half-yearly report on East Asia and the Pacific, published Wednesday. It is therefore auspicious that takes place [...]
Four Turkish companies and an offer to acquire 15% of shares and brand Heuliez MIA. What disappoint the employees and management of the supplier. It is finally the proposal made by the Turkish businessman Alphan Manas, associated to the opportunity to Inci Aku, a Turkish producer of batteries and B Plas, a manufacturer (also [...]
Facing speculative attacks against the single currency, countries in the euro area were preparing to fly to the aid of Greece. According to a source close to the German government, they would be agreed in principle to help Athens on the eve of a special European summit, convened Thursday evening in Brussels. The information [...]
After PSA Peugeot Citroen and Renault and some large manufacturers, smaller players in the automotive industry will in turn be supported. Announced this summer, the fund for subcontractors of rank 2 and up – that is to say companies supplying key equipment – was created yesterday in the presence of Christian Estrosi, Minister of [...]
The IT market reached record highs. Finally, global shipments of PCs (Personal Computer) should grow in 2009 to 298.9 million units, up 2.8% over one year, announced Monday the research firm Gartner, which anticipated a decline. "It will be a new record, as in the past ten years!" Provides Ranjit Atwal, an analyst at [...]