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 [...]
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 [...]
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% [...]
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 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 [...]
The brewer SABMiller has agreed Wednesday to raise its takeover bid for Australia's Foster's to 9.9 billion Australian dollars (7.4 billion) against 9.5 billion previously.
SABMiller is now offering 5.10 Australian dollars per share Foster's. The transaction represents a total of 11.5 billion Australian dollars, liabilities included.
The group was first formulated in [...]
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 [...]
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 [...]
Expectations of intervention by the Federal Reserve to stimulate the economy grew after the unexpected halt to job creation on Friday, with no sure it is a factor in support of U.S. stock markets .
The question of a further intervention by the Fed will be the focus of the week on Wall Street [...]
Mersen, ex Carbone Lorraine, a statement Wednesday its objectives in 2011 after a first half marked by solid activity with solar and Asia.
The specialist in graphite solutions and electrical components now expects organic growth to double-digit revenue, while it was far higher than 5%, and an operating margin of at least 12%, against [...]