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 ...
August 4, 2010
Growth in the services sector in the euro area has accelerated in July, but with differences between the duo Franco-German leaders, and the South behind, shows the PMI survey published by the private institute Markit Economics. Calculated based on responses from some 2,000 companies, the final index Markit activity ...
July 19, 2010
Oil closed up for the first time in four sessions on Monday on the New York market, thanks to gains on Wall Street and tightness in the refining world following the closure of a major Chinese port. The contract on August U.S. light crude ended on an increase of ...
July 16, 2010
Bank of America and Citigroup reported earnings above expectations, due to a drop in credit losses, but prospects are uncertain declines in their share price. As at JPMorgan Chase, which published its accounts on Thursday the results of Citi and BofA in the investment bank emerged down, which does ...
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 ...
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 ...
March 24, 2010
The station announced a net loss of 980 million, paying a year marked by crisis and massive write-downs, and it does not anticipate "clear recovery" from his business in 2010. The public group of railway issued an operating loss of 460 million euros, against a profit of 856 million ...