Business News and Opinion
The World Bank on Friday launched the process of selecting a new president to replace Robert Zoellick, whose term ends in June.
Countries wishing to present candidates must do so by March 23. The bank hopes to communicate his choice at meetings of the World Bank and International Monetary Fund in April.
The [...]
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 [...]
This is one of several government ministers who resigned amputee who is granted in terms of the IMF and the European Union on Friday, while the Greek street is angry. Greek Prime Minister Lucas Papademos on arrival at a cabinet meeting in Athens. According to government officials, the Greek government on Friday approved a bill [...]
Deutsche Bank reported Thursday a surprise taxable loss for the fourth quarter, the investment bank was hit by the crisis of sovereign debt.
For the final presentation of results of the Chief Executive Josef Ackermann on the start, the German bank announced a taxable loss of 351 million euros, against a profit before tax [...]
The priorities of employment center for three years will be "building" and "customizing service delivery" to the unemployed. Jean Basseri, current director of the IGF, will succeed Christian Charpy Friday. Agency employment center in Nice
Three years after its creation, employment center addresses a new phase this week with the presentation to the board of [...]
Nearly 100% of GDP of the United States. The President of the United States Barack Obama
The debt of the U.S. Federal State exceeds 15,000 billion since Tuesday, according to figures released Wednesday by the Treasury Department. It reached that day 15,033.6 billion at the close of daily counts of the Treasury, or 55.8 billion [...]
Safran said Monday that its subsidiary, Hispano-Suiza was selected by the Brazilian aircraft manufacturer Embraer for the electrical system of the future military transport aircraft KC-390.
The contract covering the supply of the electrical distribution system and electrical integration of the device was not disclosed.
"This selection is the third collaboration of the [...]
European markets retreated Monday in mid-session, including sealed by mining stocks after an intervention by Japan on the foreign exchange market to counter the soaring yen, which had the effect of strengthening the dollar against other currencies .
Investors also expect to have more details on the plan to end the crisis announced last [...]
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 [...]
In 2001, Argentina plunged into a crisis reminiscent of Greece. Ten years later, the country is growing insolent. With lessons to give to Europe? The responses of Roberto Lavagna, Minister of Economy of Argentina from 2002 to 2005, principal architect of the revival of the country. Roberto Lavagna, here in the 2007 presidential campaign. Can [...]