Wall Street continues its ascent

September 3, 2010

Wall Street finished higher on Thursday, avoiding the profit-taking after surging the day before with the announcement of an unexpected recovery of promises in real estate sales and falling jobless claims. In volumes remain relatively low, the Dow Jones finished with a gain of 50.63 points, or 0.49%, to ...

Half-year operating profit jumped 52% Hermes

August 31, 2010

Hermes International, which saw operating profit climb 52% in the first half thanks to strong sales of its leather and leather goods division, has revised marginally upwards its annual objectives. After a leap in its first half sales (+20% at constant exchange rates), the luxury goods group announced in ...

The U.S. auto market recovery seems fragile

July 1, 2010

Car sales in the U.S. fell in June from the previous month and the major manufacturers do not believe in for the second semester, they foretold the return earlier this year. The American automotive market, the world's second largest after China, shows a slowdown similar to that suffered by ...

Agreement for the G20 on the crisis

June 24, 2010

The G20 members are expected to reach agree on a comprehensive strategy to end the crisis and growth during their meeting in Toronto, said Olli Rehn, judging exaggerated the differences on these issues from both sides of the Atlantic. In a interview with Reuters, the Commissioner of Economic and ...

Net income quadrupled to Crédit Mutuel

March 24, 2010

Crédit Mutuel reported net income quadrupled in 2009 to 1.8 billion euros, with a net increase in revenues that offset the increase in provisions for credit risk because of the crisis. The French mutual bank, parent company of Crédit Industriel et Commercial, saw last year's net banking income increased ...

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