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 ...
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 ...
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 ...
June 30, 2010
The economic sentiment improved slightly in June in the eurozone after a sharp decline the previous month, official data showed, suggesting an easing of fears of debt crisis in the region. The economic sentiment index stood at 98.7 in June, against 98.4 in May, announced Tuesday the European Commission. ...
May 4, 2010
Blood and tears. This program requires that the Papandreou government in Greece for years to come, to avoid bankruptcy in the country. He promised to markets to reduce the deficit from 14% of GDP in 2009 to 3% in 2014. A huge effort, obviously very painful socially, which requires ...
March 24, 2010
Gas prices in France should increase by about 9.5% in early April, Reuters said a source familiar with the matter, confirming a report published the same day by the daily Le Figaro. The Regulatory Commission of Energy (CRE) will meet Thursday morning to discuss the proposed rate increase of ...