While the new law Lagarde which governs consumer credit and debt situations will apply to early May, the French seem to turn away from credit. According to a study conducted by TNS Sofres for the French Banking Federation (FBF) the share of French households owning a credit had not reached a level this low [...]
Mar
17
U.S. stock markets opened lower in early Wednesday, then stumbled in early afternoon after starting down by 0.49%, the Dow Jones back at the close of 2.04% to 11,613 points, the Standard & Poor's 500 fell 1.95% to 1257 points and the Nasdaq 100 yields 1.89% to 2617 points.
The trust is far [...]
Feb
5
The Paris Bourse rebounded on Friday. In early trade, the CAC 40 climbed 0.35% to 4049.01 points. Same upward trend in the rest of Europe, the Dax index featuring the Frankfurt Stock Exchange opened up 0.32% to 7216.66 points while London is 0.25% compared to the close on Thursday to 5997.65 points.
The [...]
Jan
8
After an opening in the red, the CAC 40 was trying to go up to reflect a balance in the middle of the day, but the announcement of U.S. employment figures worse than expected, the index has stumbled. To 15 hours, it folds and from 0.68% to 3877.71 points.
The U.S. economy has [...]
Jan
7
The financial drama between Hermes and LVMH continues. On Thursday, the Financial Markets Authority (AMF) examines the claim of bid (OPA) transmitted by Hermes. The 16 members of the AMF Board will say, is this Thursday afternoon after the stock market, or Friday morning, a priori pre-market if they give their consent or not. [...]
Nov
17
A page will look tonight at Wembley, on the occasion of the football game that goes against England at the France team. Not because a player emblematic of the Blues will retire, but because its OEM history, Adidas, will be present for the last time on the jersey of the eleven French. His eternal [...]
Nov
15
Save the banks for failing to bail out the state. The Irish Finance Minister would negotiate with the European Union aid to save the country's banks, according to the daily Irish Independent. Minister "Brian Lehinan could ask its European counterparts in Brussels on Tuesday if it is possible to give access to Irish institutions [...]
Oct
26
Companies do not chew over their words: "The recovery that seemed to break away progressively as the havoc moved, dropped Monday Confederation of Small and Medium Enterprises (CGPME), which amounts to more than 4 billion direct cost and indirect strikes. Christine Lagarde, meanwhile, confirmed that Bercy estimated losses between $ 200 million and 400 [...]
Oct
3
Socially responsible investment (SRI) has a long way to go for recognition from individual savers. The crisis has raised questions about the responsibility of investors, has yet put on the spotlight this new management style that incorporates extra-financial criteria.
Thus, the French SRI jumped from 29.9 billion euros at end 2008 to 50,700,000,000 [...]
Aug
4
BIC provides a moderate growth in sales in 2010 because it anticipates a slowdown in the second half. The first part of the year was solid with improved operating margins in 2010 compared to 15.3% in 2009.
The specialist pens, lighters and razors in a statement reported a 41.3% jump in net profit [...]