Archive for the ‘work’ Category

The IMF estimates that Italy is on track

Wednesday, May 16th, 2012

The International Monetary Fund (IMF) on Wednesday called on Italy to continue its economic reforms to sustain growth, saying the country on track. Speaking after its annual review of the Italian economy, the head of the IMF European Department, Reza Moghadam, has shown strong support for the president ...

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Statoil publishes a record profit in Q1

Tuesday, May 8th, 2012

Statoil Tuesday reported record quarterly earnings in favor of a higher-than-expected oil production, which led to the Norwegian group reaffirming its forecast for the whole of 2012. In the first three months of the year, adjusted earnings came in at 59.2 billion kroner (7.8 billion) against 47.2 billion ...

115,000 jobs created in April in the U.S., the unemployment rate to 8.1%

Friday, May 4th, 2012

The U.S. labor market has created fewer jobs than expected in April, but the unemployment rate was registered last month to its lowest level for more three years, said Friday the Labor Department. The U.S. economy created 115,000 non-farm jobs last month, according to statistics from the Labor ...

Mario Draghi disappointed with the effectiveness of the ECB

Wednesday, April 25th, 2012

The massive loans granted to banks gained little so far to the real economy. President of the European Central Bank (ECB) Mario Draghi President of the European Central Bank (ECB) Mario Draghi agreed Wednesday that he hoped the massive loans made in recent months by the institution to European ...

AstraZeneca today announced the acquisition of Ardea $ 1.26 billion

Monday, April 23rd, 2012

AstraZeneca announced Monday the acquisition of U.S. company Ardea Biosciences to $ 1.26 billion (956 million), which gives access to a new treatment against gout and strengthens its presence in the rapidly consolidating biotechnology. AstraZeneca offers Ardea $ 32 per share, representing a premium of 54% over the ...

G20 agrees to pay more than $ 430 billion to the IMF

Saturday, April 21st, 2012

The Group of Twenty (G20) pledged Friday to give the International Monetary Fund (IMF) over $ 430 billion of additional resources, making more than double its lending capacity to better protect the global economy of the European crisis of debt. The IMF estimates that the debt crisis of ...

Exxon and Rosneft signed a strategic partnership

Monday, April 16th, 2012

The Russian oil company Rosneft and his U.S. counterpart Exxon Mobil signed Monday a strategic partnership providing a major access to North American projects for Exxon and joint research in fields of the Russian Arctic. After almost a year of discussions, the CEO of Exxon Rex Tillerson has ...

The G20 could increase by 400-500 billion of IMF funds

Saturday, April 14th, 2012

The 20 major economies should agree to increase from 400 to 500 billion resources of the International Monetary Fund (IMF), an amount less than $ 600 billion raised initially by the IMF, told Reuters several G20 leaders. These funds are meant to give the IMF the means to ...

Florange: new lock ArcelorMittal

Tuesday, March 13th, 2012

Tuesday morning, metallurgists to block access to the new administration buildings of the Florange ArcelorMittal plant in Mosel. Thirty workers wearing jumpers of the CFDT, CGT and FO have improvised a pyre outside the gates with straw bales and wooden pallets. The fight continues. Metalworkers block since 6:30 this ...

Wall Street should continue its forward march

Sunday, March 11th, 2012

While the week was a bad start, Wall Street finally closed Friday on a weekly gain, which told investors that the expected correction is perhaps not immediately and that the U.S. stock market can continue its momentum. The S & P 500 benchmark index fund managers, rose 0.1% ...