Business News and Opinion
The Tokyo Stock Exchange closed up 1.08% on Monday, buoyed by a decision of monetary easing by the Bank of China and hopes to agree a new plan to help ; Greece.
The Nikkei gained 100.92 points to 9485.09 points after surpassing the 9,500 points for the first time in over six months. The Topix [...]
France would be off the recession according to the Bank of France which is rather a stagnation of GDP. .
The Banque de France (BoF) expects zero growth of the French economy in the first quarter 2012, according to its first estimate announced Wednesday in a statement. In January, industrial activity has "very slightly from [...]
Longchamp, which saw its sales jump over 20% in 2011, anticipates a slowdown in growth this year with the deteriorating economic conditions in Europe.
The luxury leather goods, which has now updated its image with its collections of bags signed by supermodel Kate Moss, grew by 22% at constant currency in 2011, an increase [...]
After eight years as President of the ECB, Jean-Claude Trichet is bowing. In the chorus of praise that welcomes its balance sheet, dissenting voices are heard. In pictures, their views on the action of the defender of the euro.
The operating profit of Volkswagen of nine months rose 86% to 8.97 billion euros, with a rate of double-digit growth in sales and a gain related to the merger with Porsche.
Shipments rose 14.1% to 6.17 million vehicles, the double-digit growth for "almost all regions," said Volkswagen, without detailing the sales figures by geographic [...]
Italy needs to implement structural reforms required by the euro area, even bring down the Berlusconi government and provoke early elections, says Lucia di Clemente, an economist at BNP Paribas. The Italian prime minister Silvio Berlusconi at the European Summit of October 23, 2011 Italy is caught between the calls to order from its European [...]
Nicolas Sarkozy deems "interesting" the Dutch proposal of European Commissioner for Budget whose mission is to enforce the commitments of countries in the euro area, said Monday the Elysee Palace.
Prime Minister of the Netherlands, Mark Rutte, discussed this proposal with the French president during a meeting at the Elysee Palace, in six days [...]
The budget deficit of the French government came to 102.8 billion euros at the end of August against 122.1 billion a year earlier, according to data released Friday by the Department of Budget.
The evolution from one year to another is marked in particular by a deterioration in the balance of 10.3 billion special [...]
Financial stocks are among the strongest Monday sectoral declines in Europe, sealed by the accumulation of bad news on the crisis of sovereign debt in the eurozone.
Greece has confirmed that it will fail to reduce its public deficit as required by its lenders, while the finance ministers of the Eurogroup will meet against [...]
The Bettencourt unearth the hatchet. While she may be placed under guardianship Tuesday, Liliane Bettencourt wants to revoke the agreement reached with aix his daughter Françoise last December. Liliane Bettencourt and her daughter Francoise Bettencourt Meyers (here in Paris in March 2011 at a gala Unesco), are the heirs of the L'Oréal group.
Liliane Bettencourt [...]