The German inflation slows, the EU should follow

August 28, 2010

The price increase has decelerated in August in Germany, statistics released Friday showed, suggesting that inflationary pressures across the euro area could be diminishing. The higher wage demands from German unions, however, may counteract this trend in the first economy in Europe. The rate of annual inflation in ...

Bond 15% off car market "mini" to Japan in July

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.

Nexans provides a return to net profit in 2010

July 28, 2010

Nexans Account return to profit on its overall performance, with a rebound expected sales in the second half after posting another loss during the first six months of the year. The group now expects an operating margin of 4.5% over the whole year after reaching its target of 4% ...

Novartis shines with its outlook for 2010 raised

July 15, 2010

Novartis AG Thursday unveiled figures slightly better than expected second quarter 2010 but has attracted attention in revising upward its forecasts for the current year. Thanks to strong sales of vaccines, the group now expects growth at constant exchange rates, its revenues would fall between the middle and upper ...

The Chinese bank ICBC could raise $ 6.6 billion

July 8, 2010

ICBC world's largest bank by market value, could raise up to 6.6 billion dollars (5.2 billion euros) of new money, say sources. The big Chinese banks are trying to raise capital undermined by excessive lending policy promoted by the state last year.The aim is also to meet new capital ...

Woerth condemns "vile attack"

June 23, 2010

Eric Woerth said Tuesday on France 3 that he "was not thought to resign" for the government in connection with the case Liliane Bettencourt, arguing that "there is also no reason (that it) does so. The Minister of Labour MPs denounced before the attack "disgusting", "disgraceful", adding: "my ...

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