The real game is against Kerviel Button

Saturday, August 21st, 2010

18.15: Final Questions of the President: "There is a bank that claims 5 billion euros. What does that mean to you?" "I am conscious of having gone too far, but things do not happen as simply as this does mean that Societe Generale, defends Jerome Kerviel. "Were you made ...

Hermes raises its objectives, the rebound of luxury confirms

Tuesday, July 20th, 2010

Hermes International has raised its growth target Tuesday its sales for the full year given a second strong quarter came to confirm the rebound that began in the luxury sector. The company said it was now up 10 to 12% of its turnover in 2010, against at least 5% ...

The EU validates the agreement between British Airways, American and Iberia

Thursday, July 15th, 2010

The Oneworld alliance members British Airways, American Airlines and Iberia have obtained the green light Wednesday from the EU to deepen their partnership, after agreeing to divest a number of slots on transatlantic routes. The European Commission has also approved unconditionally the merger between British Airways and Spanish Iberia. ...

European markets close an down, Paris lost 0.48%

Monday, July 5th, 2010

Major European stock markets closed lower Monday after a session marked by limited volumes due to the closure of Wall Street after the U.S. national holiday. The Paris Bourse ended were down 0.48% at 3332.46 points, while the FTSEurofirst index of leading European values closed at its lowest level ...

Michelin takes its revenge in the press

Tuesday, May 4th, 2010

Expansion-The barometer LexisNexis sifts through each week more than 12,700 newspapers to establish the classification of large French companies leased more ... or more decried. The revenge of the old French industrial jewels. The award for "best news" of the week comes to Michelin. According to scores of ...

Christine Lagarde supports a tax on banks

Wednesday, March 24th, 2010

The economy minister, Christine Lagarde, expressed support Wednesday for the introduction in France of a tax on banks whose proceeds would be used in case of bankruptcy of a financial institution, more or less following the German example. Interviewed on Radio RMC whether she favored, Ms. Lagarde said: ...