Archive for the ‘Uncategorized’ Category
August 7, 2010
Berkshire Hathaway reported Friday a 40% drop in net profit in the second quarter, falling equity markets have depreciated the value of certain derivatives contracts it holds. The fund headed by Warren Buffett, however, reported an operating profit up 73% driven by the acquisition of the rail operator Burlington ...
July 12, 2010
UK recession was more severe than feared and the economy would have contracted in the first quarter of 2010 if the government had not spent much, show official figures released Monday. The National Statistics Office has maintained its estimate of gross domestic product (GDP) rising 0.3% over the first ...
July 9, 2010
We need more European integration and a new "architecture" of economic governance to reassure investors, said Friday the president of the French Financial Markets Authority (AMF). Jean-Pierre Jouyet doubts that Germany accepts one day an economic government for the euro area at Heads of State and Government. The ...
July 6, 2010
Enel predicts a fivefold increase from 2014 profits of its subsidiary Russian OGK-5 supported by favorable market conditions, said Tuesday the Italian energy group during a presentation. Enel, which owns 55.86% of OGK-5, including anticipated earnings before interest, taxes, taxes, depreciation and amortization (EBITDA) of 471 million euros in ...
June 26, 2010
United States and Europe have sought Friday to minimize their differences over how to fight against deficits, inflated by two years of crisis, without undermining an economic recovery remains fragile. The topic was discussed among the G8 leading industrialized countries on the eve of a summit of G20 will ...
June 21, 2010
The billionaire Liliane Bettencourt said Monday fiscal adjustment of all its assets "that are still abroad, in a statement sent to AFP. "I decided to proceed with the regularization of all family assets that are still abroad, in collaboration with the French tax administration," said the heiress in ...