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 ...
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Monday, July 18th, 2011
Wall Street ended down sharply Monday, affected by sovereign debt problems which persist in Europe and the United States. The Dow Jones industrials declined 30 0.76%, yielding 94.57 points to 12,385.16 points. The S & P-500, wider, lost 10.70 points, or 0.81% to 1305.44 points. The Nasdaq ...
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Saturday, July 2nd, 2011
In the aftermath of the vote in Athens for a new austerity program required by the EU and the IMF to continue funding Greece, an agreement was reached Friday to release the next tranche of loans to countries and progress has been made a second support plan. The financial ...
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Saturday, June 25th, 2011
With state funding down 25% in emergency accommodation, Samusocial of Paris can no longer cope with the rise of insecurity. Emmanuelli sounding the alarm. Budget cuts imposed on the Samusocial of Paris by the State, its principal funder, are making it more difficult to care for disadvantaged populations in ...
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Wednesday, June 15th, 2011
The title Carrefour fell sharply Wednesday in Paris Stock Exchange, amid disagreements over the group's strategy of distribution and social tensions. Unprecedented in its history, Carrefour has faced in recent weeks a movement of repeated strikes in support of wage demands. Tuesday, he was sentenced to 3.66 million fine ...
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Monday, May 23rd, 2011
According to Mediapart, the Minister of Economy has two current issues with the law. One concerns an investigation of the DGCCRF Eurnonext cons, another one of his former collaborators. Christine Lagarde, Minister of Economy and Finance. Christine Lagarde is en route to the IMF, but legal obstacles stand before ...
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Friday, April 29th, 2011
The unemployment rate in Spain was 21.3% in the first quarter, the highest in 14 years, said Friday the National Institute of Statistics. This rate was 20.3% the previous quarter. Economists expected a rate of 20.5%. The institute also announced a 8.6% drop in retail sales in ...
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Thursday, April 28th, 2011
Royal Dutch Shell has exceeded expectations in the first quarter with a 22% jump in profit, thanks to soaring prices of oil and gas and improving its refining margins. The first European gas and oil group by market capitalization on Thursday posted a quarterly profit at current cost of ...
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Friday, April 22nd, 2011
The Tokyo Stock Exchange has erased its losses late in the session on Friday to finish almost unchanged, the market is good news for welcoming the automotive supply of components, threatened disruptions since the earthquake of 11 March. The Nikkei ended stable (-0.04%) to 9.682.21 points and the Topix ...
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Tuesday, April 19th, 2011
Novartis AG said Tuesday it confirmed its targets after a first quarter slightly above expectations. The Group's net profit fell 4% to $ 2.82 billion, while analysts polled by Reuters had forecast on average 2.59 billion. At constant exchange rates, the decline appears to 1%. The corrected result ...
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