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 [...]
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 [...]
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 [...]
French growth rose 0.4% in the third quarter, but this recovery is only temporary. The fragile situation of companies will weigh on the end of the year. Frames arrive at the French business district of La Défense
France is already stopped and the recession plane on the French economy, even if the activity was better [...]
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 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 [...]
Greece on Tuesday reaffirmed its resolve to meet all the conditions is related rescue by the European Union and the International Monetary Fund, while the inspectors of the "troika" EU-IMF-ECB should return this week in Athens.
In a speech to business leaders in Berlin, Prime Minister George Papandreou sought to allay fears about his [...]
Paradox reported Thursday by the Red Cross: the number of turbocharged highs, while food prices increases the number of famines. A mother feeds her son who suffers from undernutrition in refugee camps.
The world now has more overweight than malnourished people, but the weight of deprivation increases in a context of growing food crisis, warned [...]
Despite concerns hanging over global growth, the U.S. and the world will not fall into recession, says World Bank President. The monthly report on employment in the United States, released Friday, came out beyond the most pessimistic forecasts.
World Bank President Robert Zoellick said Tuesday that the United States was not threatened by a return [...]
The French shipowner CMA CGM said Monday that 2011 would be "a good year" for the group, claiming to have already funded the bulk of its investments for 2011 and 2012.
The company said to have $ 1.7 billion (1.17 billion euros) in cash at the end of June and July have paid $ [...]