August 27, 2010
The Dutch manufacturer of luxury cars Spyker Cars, which bought the Swedish Saab General Motors said Wednesday that it had a liability greater than the amount of its assets. In a statement posted on its website, Spyker said that the negative balance as of June 30 is the consequence ...
August 24, 2010
The Nikkei ended down 1.33% Tuesday, and passes for the first time in 15 months below the threshold of 9,000 points, foreign investors and hedge funds selling their securities, concerned about the inertia of Japanese authorities against the yen. The Nikkei lost 121.55 points to 8,995.14 points and the ...
August 22, 2010
The investors said they would remain on their guard this week on U.S. markets, while trading volumes should be low and Wall Street is full of doubt and fear of seeing new signs of economic deterioration. Stepping back from 0.7% last week, the S & P 500 posted its ...
August 5, 2010
Sanofi-Aventis should not engage in a battle to win market because Chris Viehbacher Genzyme, its director general, is not customary for this type of attack that the market would not fail to punish. There is no urgency or need for Sanofi to conduct this transaction at any price, even ...
August 2, 2010
Car sales in Japan, excluding mini-vehicles of 660 cm3 at most, increased by 15.0% in July compared to last year, to 333,403 vehicles, announced the Japan Automobile Dealers Association. In the first seven months of the year, sales are up 28.9% to 2,054,094 units.
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 14, 2010
The German automaker BMW has raised its profit forecast Tuesday and sales volume for 2010, highlighting the better than expected results from its automotive business. In exchange, the share gained 7.4% to 41.80 euros at midday, while that of its competitor Daimler clinching 4.6% 0 43.47 euros. Profit ...
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 ...