Business News and Opinion
The British defense group BAE Systems said it expected this year stagnation in sales after a 7% decline in earnings in 2011, attributed to reductions in military spending improve Rican and UK.
Its sales fell 14% to 19.15 billion, mainly due to lower shipments to the U.S. military due to its withdrawal from Iraq. Analysts [...]
Barack Obama pleaded Monday for important stimulus for growth and for raising taxes on high incomes, at the presentation of its draft budget for 2013.
President of the United States, which had already exhibited this weekend outline of the proposed budget earmarks $ 350 billion to programs creations jobs and 476 billion in major [...]
Nicolas Sarkozy said Thursday the Franco-German union deal with the unprecedented crisis hitting the euro, assuring the French that "control of their destiny" and their economic future depended primarily a Europe refounded.
In a speech of nearly an hour solemnly pronounced in Toulon, before some 5,000 people, the Head of State stressed that while [...]
Wall Street struggled to find direction in early trade Tuesday after its sharp rise the day before that, it seems, at the same time limited the upside potential of the Exchange.
Then she seems to focus more clearly on the rise.
A support element is the fact that Italy managed to raise an [...]
The mining giant Anglo American is preparing to take up to 85% its stake in De Beers diamond group by buying from the Oppenheimer family for $ 5.1 billion (3.7 billion euros), which pushed up its stock exchange.
The agreement puts an end to old ties of nearly a century between the Oppenheimer family [...]
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 [...]
The head of credit ratings of sovereign debt at Fitch Ratings said Friday that the rating agency did not intend to downgrade France, whose rating is currently "AAA", the highest possible.
Earlier this week, ratings agency Moody's scratched on the first "triple A" French, by giving three months to assess its stable outlook, on [...]
Valeo upheld Thursday a slight increase in target operating margin this year and said he was "well positioned" to outperform the market next year, while stressing the uncertainty of the situation in Europe.
The growth in operating margin expected this year compared to 6.4% recorded last year, should benefit from the dynamic activity of [...]
The German government is preparing to cut nearly half of its growth forecast for the country, it was learned Wednesday in the ruling coalition.
According to these sources, the German Minister of Economics Philipp Rösler could revise its earlier projection of 1.8% in 2012 to about 1.0%, while lowering its growth forecast for 2011 [...]
Roche confirmed its targets for 2011 following the release Thursday of a turnover in nine months slightly below market expectations, weighed down as expected by the strong Swiss franc.
The turnover of the pharmaceutical giant rose to 31.5 billion francs, which is an evolution stable constant exchange rates but to a decrease of 13% [...]