Archive for the ‘business success’ Category

Spain is moving in the way of a golden rule on the deficit

Tuesday, August 30th, 2011

The Socialist government and the Popular Party (PP) opposition said Tuesday they have agreed to hold a parliamentary debate Friday on the amendment to cap the country's structural deficit to 0.4% of domestic product (GDP) over the duration of a cycle. The Spanish socialist government announced late last week ...

Credit Agricole above expectations despite Greece

Thursday, August 25th, 2011

Credit Agricole, which launched in late July a warning on its results because of the Greek debt crisis, said Thursday net profit above expectations in the second quarter, thanks to a load lower than initially announced on Greece . The French bank said in a statement it had a ...

Why Overtime will be planed

Tuesday, August 23rd, 2011

The "work more to earn more" Nicolas Sarkozy has fizzled. In search of billions of euros of savings, the government is prepared to cap exemptions from the overtime. The final pillar of the law Tepa wobbles. The final pillar of the law Tepa ("Labour, employment and purchasing power"), passed ...

Lower inflation excluding volatile in the euro area

Thursday, August 18th, 2011

Inflation excluding volatile components decreased in July in the euro zone, Eurostat said Wednesday, confirming also the overall annual inflation rate. Excluding energy and unprocessed food packaged, retail prices fell 0.8% monthly increase of 1.5% annually from 1.8% in June Overall, retail prices fell by 0.6% monthly in ...

Industrial output rises more than expected in the U.S.

Tuesday, August 16th, 2011

Industrial production in the United States increased more than expected in July, announced Tuesday the Federal Reserve, with the automotive sector and the heat wave that has boosted the use of air conditioners and thus power consumption. Production increased by 0.9% the previous month, its highest growth rate in ...

Increase in attendance for Euro Disney in Q3

Tuesday, August 9th, 2011

Euro Disney said Tuesday sales rose slightly in the third quarter of fiscal year 2010-2011, attendance at its theme parks offsetting the loss of activity related to the sale of real estate assets. The total turnover of the group rose to 903.5 million euros, an increase of 1.2% over ...

20% drop in quarterly earnings Suzuki

Wednesday, August 3rd, 2011

Suzuki Motor posted Wednesday a 20% fall in its quarterly operating profit, hit by a drop in production after the earthquake of March 11, but this is above expectations and allows the manufacturer to keep its target for the year . Operating profit stood at 25.57 billion yen (234 ...

The Tokyo Stock Exchange ended down 0.50%

Wednesday, July 27th, 2011

The Tokyo Stock Exchange ended down 0.50% Wednesday as investors worried about the political impasse in the United States on raising the U.S. debt ceiling. The Nikkei, however, able to remain above the threshold of 10,000 points with expected positive results of Japanese companies. The Nikkei lost 50.53 ...

The IFI offers an exchange of Greek debt

Thursday, July 21st, 2011

The Institute of International Finance (IIF) said on Thursday an exchange of Greek debt maturing until the end of 2019 against 30-year bonds, according to a document obtained by Reuters. This should help the private sector to the tune of 17 billion euro rescue of Greece. According to ...

The euro is suffering from the Greek crisis

Friday, June 17th, 2011

The euro fell against the dollar and the yen after the failure of negotiations finance ministers of the euro zone on a new aid package to Greece. The euro was down against the dollar Thursday, hit by ongoing concerns about Greece's debt and its contagion. 6am-8am to Paris-the single ...