Posted on 2/22/2012 at 8:45:08 AM
Accor, which has significantly increased its dividend for 2011, showed Wednesday confident for 2012, considering its favorable business opportunities with events like the London Olympics, trade shows in Germany and the European Cup football.
The fourth global hotel group, first in Europe, believes that the trends observed in the fourth quarter of 2011 continued [...]
Posted on 2/20/2012 at 10:15:24 PM
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 [...]
Posted on 2/18/2012 at 10:10:09 AM
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 [...]
Posted on 2/2/2012 at 10:45:06 PM
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 [...]
Posted on 10/9/2011 at 5:30:07 AM
Discussions on the future of Dexia resume Sunday in Brussels where the French Prime Minister Francois Fillon has to go in the day to decide with his Belgian counterpart Yves Leterme in terms of a dismantling of the Franco-Belgian bank, the first European victim the debt crisis.
Originally scheduled for Saturday afternoon, a meeting [...]
Posted on 10/7/2011 at 5:45:07 AM
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 [...]
Posted on 9/16/2011 at 1:45:07 AM
IMF director Christine Lagarde calls on European and American leaders who, through their "procrastination", increase the risk of global crisis. IMF Executive Director Christine Lagarde at a news conference in Washington July 6, 2011.
Christine Lagarde said Thursday during a speech in Washington that the Western economies were in a "vicious circle" aggravated by "the [...]
Posted on 9/14/2011 at 3:45:06 PM
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 [...]
Posted on 8/24/2011 at 9:10:08 AM
The limit on public debt will be recorded in the Spanish Constitution in accordance with current guidelines of the European Union, but it is not necessary to include a target, said Wednesday the economy minister Elena Salgado.
The Spanish government said Tuesday it plans to amend the constitution by the November elections to ensure [...]
Posted on 8/17/2011 at 7:10:13 AM
The cost for a sixth grader is 187 euros, or 7% from a year ago, according Familels France. School children on the day of the new school year Sept. 2, 2010, in Vincennes
The cost of school for a student entering the sixth this year is 187.32 euros, up 6.8% over 2010, far more than [...]
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