Wall Street hesitant before the promise of land sales

Thursday, September 2nd, 2010

Wall Street opened on a tentative note, awaiting the promise of land sales, while jobless claims fell against all odds but that productivity was revised down sharply. A few minutes after the start of trading, the Dow Jones gained 0.04% to 10,273.86 points, the Standard & Poor's 500 index ...

Wall Street weighed down by distrust, the Dow falls below 10,000

Thursday, August 26th, 2010

Wall Street ended down sharply on Thursday, the Dow Jones closing below 10,000 points for the first time since early July, the eve of a review, probably on the decline, the growth figures in the second quarter and a major speech the President of the Federal Reserve. The decrease ...

HSBC wants to buy up to 70% of South African Nedbank

Monday, August 23rd, 2010

HSBC is in exclusive talks to acquire a controlling stake in Nedbank, fourth largest bank in South Africa, an operation that could reach 5.37 billion euros and enable the first European bank to increase its presence in a region strongly growth. HSBC and the Insurer Anglo-South African Old Mutual, ...

73% increase in net income in the first half of Generali

Thursday, August 5th, 2010

Assicurazioni Generali announced a 73% increase in net profit in the first half, boosted by life insurance, and he anticipates growth in its annual results. The Third European insurer, leader in Italy, has reported a net profit of 873 million euros, compared to a consensus given 869 million. ...

The Elysee imposes a strategic alliance between EDF and Areva

Tuesday, July 27th, 2010

EDF and Areva will conclude a strategic partnership agreement covering all their areas of common interest in nuclear power, said Nicolas Sarkozy. The possibility of a stake in the capital of EDF, Areva will be considered in the context of this agreement, the Elysee said in a statement. ...

The business climate in the industry dates

Thursday, July 22nd, 2010

The business climate in the French manufacturing industry rose slightly in July, according to the business survey released Thursday by the INSEE. The synthetic indicator of business climate has gained two points to 98 and that for the month of June was revised up to a point.Twenty-four economists surveyed ...

The euro area has a trade deficit unexpectedly in May

Friday, July 16th, 2010

The euro zone recorded a trade deficit in May, as imports increased more than exports, Eurostat said Friday. The deficit amounted to 3.4 billion euros, with an export growth of 23% yoy surpassed by an increase of 30% of imports. The trade surplus in April was revised to ...

Down by 0.2% in construction spending in May in the U.S.

Thursday, July 1st, 2010

Construction spending in the United States showed a smaller decline than expected in May, official statistics show. The Commerce Department reported a 0.2% decrease overall expenditure on construction in May to 841.9 billion dollars on an annualized basis, after rising by 2.3% (revised) in April, which was the largest ...

Tokyo stocks ended almost unchanged

Thursday, June 24th, 2010

Tokyo stocks ended almost in balance Thursday after a roller-coaster session, investors seemed cautious comments shared between the U.S. Federal Reserve on the economy and support the core values of the change Prime Minister of Australia. The Nikkei gained 4.64 points to 9928.34 while the broader TOPIX, sold 1.07 ...

Eurozone – Euroland close to a deal on Greece

Wednesday, March 24th, 2010

A European diplomatic source said Tuesday, March 23 evening to AFP that the sixteen countries using the common currency were "close" to an agreement to Adler Greece out of its financial crisis. This should be finalized and announced Thursday morning in Brussels at a summit of leaders of countries ...