Archive for the ‘business opportunity’ Category

HSBC wants to buy up to 70% of South African Nedbank

Monday, August 23rd, 2010

HSBC is in exclusive talks to acquire a controlling stake in Nedbank, fourth largest bank in South Africa, an operation that could reach 5.37 billion euros and enable the first European bank to increase its presence in a region strongly growth. HSBC and the Insurer Anglo-South African Old Mutual, ...

73% increase in net income in the first half of Generali

Thursday, August 5th, 2010

Assicurazioni Generali announced a 73% increase in net profit in the first half, boosted by life insurance, and he anticipates growth in its annual results. The Third European insurer, leader in Italy, has reported a net profit of 873 million euros, compared to a consensus given 869 million. ...

The Dow Jones ended down 0.36%, Nasdaq 0.52% yield

Tuesday, August 3rd, 2010

The New York Stock Exchange ended down 0.36% Tuesday, the Dow Jones Industrial 30 closed at 10,636.38 points. The S & P 500 is broader, has lost 0.48% to 1120.46 points. The Nasdaq Composite fell on his side of 0.52% to 2283.52 points.

Orange and Canal Plus negotiate a partnership

Monday, July 26th, 2010

France Telecom and Canal Plus are negotiating a partnership that could see the two groups merge TPS Star and at least one channel from the bouquet Orange Cinema Series, Monday wrote Le Figaro and La Tribune, without citing sources. Discussions could be officially announced this week at the board ...

Great success of European banks to test resistance

Friday, July 23rd, 2010

Only seven of the 91 European banks subject to stress tests have failed and may need 3.5 billion euros of additional capital, according to test results released Friday by the Committee of European Banking Supervisors (CEBS). Five Spanish banks, Civica Cajasur, Unnim, and Espiga Diada, a Greek bank, Atebank ...

The business climate in the industry dates

Thursday, July 22nd, 2010

The business climate in the French manufacturing industry rose slightly in July, according to the business survey released Thursday by the INSEE. The synthetic indicator of business climate has gained two points to 98 and that for the month of June was revised up to a point.Twenty-four economists surveyed ...

The EU validates the agreement between British Airways, American and Iberia

Thursday, July 15th, 2010

The Oneworld alliance members British Airways, American Airlines and Iberia have obtained the green light Wednesday from the EU to deepen their partnership, after agreeing to divest a number of slots on transatlantic routes. The European Commission has also approved unconditionally the merger between British Airways and Spanish Iberia. ...

Wall Street awaits the results, fears forecasts

Sunday, July 11th, 2010

Wall Street preparing for a decisive week saw the publication of quarterly several heavyweights in the U.S. economy that will set the tone for future meetings on the U.S. equity market. But even before the opening of the new earnings season, optimism is not appropriate for analysts. Confidence ...

It is too early to say that the crisis is over, says Trichet

Friday, July 9th, 2010

It is too early to declare that the financial crisis is over, says the president of the European Central Bank Jean-Claude Trichet. "The events of recent months have shown clearly that it was too early to declare the crisis over," he said at a conference organized by the Center ...

Wall Street opens higher in small

Wednesday, July 7th, 2010

U.S. stocks opened higher Wednesday in a small market conservative, always worried about growth prospects. In the first exchanges, the Dow Jones gained 0.2% or 20.14 points to 9767 points, while the Standard & Poor's 500 is 0.4% or 4.47 points to 1,032.53 points and the Nasdaq Composite advanced ...