Business News and Opinion
Heineken, the world's third largest brewer, has launched a cost reduction of 500 million euros this year and put on the growth of its sales in emerging markets to offset higher prices of barley.
The manufacturer of beers Heineken and Amstel, who has saved 614 million euros in its latest plan to reduce costs [...]
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 [...]
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 [...]
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% [...]
Despite the rule of non-replacement of a staff of two retiring, staff costs still represent over 40% of the state budget. This measure creates two times less than expected savings, according to a parliamentary report. View the Ministry of Economy and Finance at Bercy.
150,000: the number of jobs of employees who have been removed [...]
KBC said Monday the sale of its private banking subsidiary KBL to Precision Capital, a Luxembourg company owned by a Qatari investor, to 1.05 billion euros, leading to many a sale that had been imposed by the European Commission in the part of the restructuring of the Belgian bank.
The announcement drove the KBC [...]
The measures taken by the government to cut the deficit in the social security system will increase the cost of health for households. The prices of complementary health should rise by 56 euros next year. Consultation with general practitioners rises to 23 euros. Drugs reimbursed at 35% will no longer be only 30%.
2700 euros: [...]
The Italian Parliament gave final approval Wednesday to the austerity plan developed by the government of Silvio Berlusconi to balance the budget by 2013.
The Chamber of Deputies voted by 314 votes against 300 for the plan, which includes 54 billion euros of budget savings within two years.
Approval of the lower house [...]
The stock market regulators in Italy, France, Spain and Belgium are planning to extend the ban on short sales for another month until the end of September, an Italian newspaper reported Thursday.
The ban was issued on August 12 to limit the volatility of markets, especially financial stocks.
It was initially established for [...]