November 25, 2011
Societe Generale said on Friday to give Rhodia (Solvay) its 50% interest in Orbeo, the company dedicated to the carbon markets, equally owned by both groups. Orbeo, based in Paris, was founded in 2006 at par by the bank and the French chemist, in the context of the creation ...
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November 18, 2011
The news is unnoticed but it is historical: the Central Bank of China has authorized the Central Bank of Austria to make investments in renminbi. Decryption with François Godement, China specialist and Director for Strategy Asiacentre. The yuan's Bank of China has signed an agreement with the Austrian Central Bank ...
November 6, 2011
The European Central Bank (ECB) often discussed the possibility of ending its purchases of sovereign debt in case the Italian Rome would not implement the promised reforms, said Yves Mersch, a member of the Governing Council of the ECB . "If we find that (effective) our work is undermined ...
October 17, 2011
Jean-Claude Trichet has exceeded the mandate of the European Central Bank (ECB) in its efforts to stem the debt crisis in the euro area, as more than half of bank employees asked about the eight years of his presidency the ECB. Just under half of the 1200 ECB employees ...
October 5, 2011
European shares opened higher Wednesday, redemption, and with it the prospect of a political unity on the situation of banks to market to end in early trade, three consecutive sessions of decline. At 9:05, the CAC 40 index advances 2.57% at 2923.78 points. The London Stock Exchange gained ...
September 29, 2011
The trial of Michael Jackson's doctor should bring light on the circumstances of the death of the King of Pop. It is also an opportunity to revelations gains post-mortem of the star and use. Michael Jackson has reported nearly 400 million since his death June 25, 2009. Two years ...
September 26, 2011
Paris opened Monday morning on a drop of 1.97%, 1.31% in Frankfurt, London 1.78% Milan 1.6% and 1.88% in Madrid. The trading floor in Frankfurt The Paris Bourse opened sharply lower Monday, September 26, penalized by the cacophony of the debt crisis in the eurozone and fears that weigh ...
September 20, 2011
The IMF has revised down its growth forecasts for 2011 and 2012 due to the strong slowdown in developed countries. It does not preclude the possibility of a recession in Europe and the United States. The International Monetary Fund has lowered its growth forecasts Tuesday for the world economy, ...
September 6, 2011
The Tokyo Stock Exchange ended down Tuesday after a session in the red on European markets because of questions about economic growth and management of sovereign debt in the euro area. The Nikkei lost 2.2% or 193.89 points to 8,590.57 points and the Topix, wider, 1.93% or 14.62 points ...
September 3, 2011
Jean-Claude Trichet, President of the European Central Bank (ECB) called on Saturday the Italian Government to stick to its commitments to fiscal consolidation. "It's absolutely crucial to consolidate and strengthen the quality and credibility of the Italian strategy, and its solvency," he said, holding out the promise from Silvio ...