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 ...

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Madrid will not need help its banks, confirms the EC

Wednesday, April 11th, 2012

The European Commission continues to believe that Spain would not need financial assistance from the euro area in order to recapitalize its banks Wednesday said a spokesman. Asked if the Commission felt that Madrid was always able to avoid stressing the currency bloc to preserve its banking sector, ...

Facebook acquires Instagram for $ 1 billion

Monday, April 9th, 2012

Facebook announced Monday the acquisition in cash and securities Instagram, application enabling the exchange of pictures, for one billion dollars (762 million). The social network plans to complete the transaction in the current quarter. Instagram was launched in January 2011 and now has thirty million users. ...

Down 23.5% of the French automotive market in March

Monday, April 2nd, 2012

Registrations of new cars in France fell by 23.5% in March in raw data, reflects a comparative worst than ever in 2011 when the scrappage dopait sales further. Renault shares (-1.83%) and PSA Peugeot Citroen (-2.61%) have the largest declines in the CAC 40 index which is 0.43% ...

The unemployment rate declined to 6.7% in March in Germany

Thursday, March 29th, 2012

The number of job seekers in Germany fell in March for the fifth consecutive month, bringing the unemployment rate from 6.8% to 6.7%, a new low since the re ; unification of the country, show statistics released Thursday by the Federal Labour Office. The country had 18,000 job ...

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 ...

Qatar wants to enter the supervisory board of Lagardère

Monday, March 19th, 2012

Qatar has increased to 12.8% its stake in the capital of Lagardère and plans to apply for entry to the supervisory board of the media group, we read in a notice published Monday by the Markets Authority (AMF). Qatar Holding, one arm of sovereign investment fund Qatar Investment ...

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 ...

Enthusiasm on the Stock Exchange about a possible alliance PSA-GM

Wednesday, February 22nd, 2012

The prospect of a possible alliance between the French PSA Peugeot Citroen and General Motors Wednesday raised the enthusiasm on the stock market but also concern about the employment front, factories Europé ; Ennes both manufacturers suffering from overcapacity. PSA announced Tuesday evening study a proposed alliance, without ...

Friday, November 25th, 2011

Nicolas Sarkozy announced at a meeting Franco-Germano-Italian in Strasbourg, France and Germany propose "in the coming days" measures to amend the treaties. This reform does not concern the ECB, however, because Berlin opposed. President Nicolas Sarkozy meets with German Chancellor Angela Merkel. Germany, France and Italy, met Thursday in ...