Archive for September, 2010
September 29, 2010
Porsche AG announced Wednesday a record annual turnover with an explosion of demand and sales growth of more than a quarter of its markets outside Europe and North America. Vehicle sales for the 12 months through July rose 8.8% to 81,850 units, while output rose 16.1% to 89,123 units. ...
September 27, 2010
The Bright Food Chinese food group studying the possible acquisition of United Biscuits UK, reports a source Monday, as part of an operation estimated at 3.2 billion dollars (2.3 billion euros) would constitute the largest acquisition of a foreign group ever by a Chinese group in this sector. If ...
September 25, 2010
L'Oreal has unveiled Thursday opening of its first plant in Russia, falling in the footsteps of companies looking to grow in countries with high growth potential. The cosmetics group has invested over 26 million euros in this site, located in the Kaluga region, some 85 kilometers southwest of Moscow. ...
September 23, 2010
The premium demanded by investors to hold Irish government bonds to 10 years rather than German securities of similar maturity reached Thursday a new high since the inception of the euro, after an Irish official statements on risks incurred by certain creditors of Anglo Irish Bank. The yield gap ...
September 22, 2010
The industrial orders declined significantly more than expected in the euro area in July, an indicator which, in turn, anticipates a slowdown in growth in the second half. Eurostat announced Wednesday a 2.4% drop in orders compared to June, which brings them up at an annual rate of 11.2%. ...
September 20, 2010
Nicolas Sarkozy on Monday urged the international community to quickly approve the principle of a tax on financial transactions. Addressing a forum of the UN Summit on Millennium Development, he noted that the establishment of innovative financing to meet the important needs of poor countries, particularly in the fight ...
September 18, 2010
The Johnson & Johnson said Friday it was in talks to buy out the remainder of the Dutch biotech Crucell for 1.75 billion euros and grow well in vaccines. The American group, which already owns 17.9% of its target, plans to offer 24.75 euros per share, a premium of ...
September 16, 2010
The shareholders of Fiat SpA on Thursday approved the demerger of its automotive and industrial activities, an operation designed to make an Italian manufacturer of world-class player in the automotive market. Fiat will consolidate its holdings in the industry, including the subsidiary Iveco trucks and construction equipment maker CNH ...
September 15, 2010
Orpea group announced Wednesday an increase in its interim results, thanks to the growth of its real estate, and confirmed its targets for annual revenue through 2012. The specialist nursing homes and Acute Care and Psychiatry also mentioned in a statement it intends to open new schools in the ...
September 13, 2010
The possibility of slower economic growth in developed countries is increasing according to the OECD, the recovery may have peaked in the U.S., Japan and Brazil. The Organization for Economic Cooperation and Development announced Monday that its composite leading indicator for the month of July for the OECD area ...