December 1, 2011
Stock markets in Europe take a breather at the opening, following the coordinated action announced by the major central banks to maintain liquidity in markets shaken by the debt crisis. Half an hour after the bell, stock markets were slightly widened their losses after the President of the European ...
November 10, 2011
HSBC reported Wednesday a fall from higher than expected profits in the third quarter due to sluggish performance of its investment arm and an increase in bad debts in the United States. The first European bank also warned that it could leave the United Kingdom, where its headquarters for ...
October 23, 2011
Germany and the European Central Bank received Sunday the fund to support the euro, the EFSF, is not transformed in the bank, against the wishes of France, a majority of countries in the euro area and G20 members who saw an easy way to increase its firepower. Chancellor Angela ...
October 21, 2011
Spanish bank Santander announced Friday a strengthening of its balance sheet by about a billion dollars (730 million) by integrating new partners in its activities to consumer credit in the United States. The announcement comes as pressure intensifies on European banks to increase their own funds. In a ...
October 20, 2011
European markets open in the red Thursday morning after the meeting between Nicolas Sarkozy and Angela Merkel. The Franco-German summit suggests that disagreements are still on the rescue of the euro area. Paris lost 1.6%. German Chancellor Angela Merkel and Nicolas Sarkozy at a European summit in Brussels June 24, ...
October 6, 2011
The owner of Volvo automobiles, Chinese Geely, denied Thursday be interested in the Swedish manufacturer Saab, after information in the sense of the daily Dagens Nyheter. Saab, which has hardly produced a car for six months, is in receivership.A loan of EUR 70 million guaranteed by the Chinese Zhejiang ...
September 15, 2011
Wall Street was up Thursday at the opening, increasing his earnings for the last three sessions, relieved to see the great capitals of the euro area firmly committed to help Greece to stay in the euro area. The rise of Wall Street, in the first significant trade occurs despite ...
August 19, 2011
European shares were down early in the afternoon as fears of a return to recession in major developed markets gained. Around 14:30, the CAC 40 index, which fell 5.48% Thursday, gave up 2.09% to 3011.69 points. London lost 1.77%, 3.13% Frankfurt, Milan 2.48%. The European indices, and EuroStoxx ...
August 15, 2011
Manufacturing output in the region of New York against all odds accelerated its decline in August, shows the Empire State index released Monday. The index of the Federal Reserve Bank of New York stood at -7.72, its third consecutive month in negative territory, after -3.76 in July. Analysts polled ...
July 31, 2011
Negotiations on the U.S. deficit is "very close" to reaching an agreement, said Sunday the group leader Mitch McConnell Senate Republican to CNN. This agreement would cover a total of 3000 billion, he said, expressing confidence that he would not raise taxes. It also provides that the proposal ...