With Viterra, Glencore diversified into agribusiness

Tuesday, March 20th, 2012

Glencore, the world leader in commodities trading, and its partners Richardson and Agrium International, announced Tuesday the acquisition of specialist Canadian grain handling Viterra for 6.1 billion Canadian dollars (4.64 billion euros). Already in production and marketing of agricultural products, metals, minerals and oil, Glencore seeks to expand ...

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European shares open up

Tuesday, February 28th, 2012

European shares open rebound Tuesday, pending an abundant liquidity to three years of the ECB Wednesday tempering fears of rising oil prices undermine the recovery é ; global economic. In Paris, around 9:35, the CAC 40 gained 0.54% to 3,460 points. In London, the FTSE advance of 0.33% and ...

Alcatel-Lucent aims to compete with the best

Tuesday, February 21st, 2012

Alcatel-Lucent can now aspire to eventually reach the same level of profitability that the best class in the sector of telecom equipment, said its managing director Ben Verwaayen. This aspiration may seem ambitious for a group whose time some investors doubted the chances of survival and that has ...

ThyssenKrupp displays a surprise quarterly loss

Tuesday, February 14th, 2012

ThyssenKrupp Tuesday released a surprise loss for the first quarter of fiscal year, with a slowdown in steel demand in a context of low growth, higher costs in its Brazilian plant and a provision passed e on its business of shipbuilding. The German steelmaker reported a loss before ...

The "bulls" retain control this week on Wall Street

Sunday, February 12th, 2012

Despite weak corporate earnings and signs of an overbought market, the "bulls" (those who play upwards) may retain control over Wall Street next week. Since the opening of the "season" of results, 352 companies in the S & P 500 have published their accounts and only 63% beat ...

The Tokyo Stock Exchange finished up 0.76%

Thursday, February 2nd, 2012

The Tokyo Stock Exchange finished up Thursday for the third straight session, gaining 0.76%, driven by strong economic indicators judged from the United States and China. The Nikkei gained 67.03 points to 8876.82 points and the Topix, broader took 4.49 points (0.59%) to 762.45 points. Sony, which just announced its ...

Alexander was appointed Monday Juniac CEO of Air France-KLM

Sunday, October 16th, 2011

Juniac Alexander, former chief of staff Christine Lagarde at the Ministry of Economy, Monday is expected to succeed Pierre-Henri Gourgeon to the Directorate General of Air France-KLM, think they know the Figaro and Les Echos. A special board is scheduled Monday morning and is expected to endorse the departure ...

French growth would stall at year end

Monday, October 10th, 2011

French gross domestic product should be stable or, in the best case, register a slight increase later this year, according to the latest statistics from the Bank of France and INSEE. The Bank of France reiterated Monday its forecast of growth of 0.1% of the French economy in the ...

Wall Street has suffered from the pessimistic picture of the Fed

Wednesday, September 21st, 2011

Wall Street fell sharply Wednesday, investors have been stung by the bleak economic conditions compiled by the U.S. Federal Reserve even as it announced new measures to support the activity. The Dow Jones Industrial 30 yielded 2.49%, or 283.82 points at 11,124.84. The S & P-500, wider, lost 35.33 ...

Athens makes the 90% threshold required for debt

Friday, August 26th, 2011

Greece said Friday it could give to make a vital exchange of debt for a new tranche of aid if too few investors are involved in this operation. The latter, designed to hide 37 billion euros to its debt stock requires approval by 90% of private sector investors, said ...