Markets tense before a deadline for key banks

Financial markets are again under tension, as investors worried always the budgetary situation of the euro area and the funding of banks in the region that ends Thursday, so an important program refinancing established by the European Central Bank (ECB) last year.
The financial institutions in the euro area will thus have to reimburse [...]

Technip will pay $ 338 million for litigation in the USA

Technip will pay 338 million dollars (275 million euros) to settle litigation with the U.S. authorities on suspicion of having bribed Nigerian officials to win contracts in Nigeria, announced the Department of Justice.
Technip pay $ 240 million in criminal restitution and $ 98 million to settle lawsuits brought by the Securities and Exchange [...]

600 million euros to extend each nuclear reactor

The CEO of EDF, Henri Proglio, estimated at 600 million per reactor investment costs required to extend the life of the French nuclear power plants.
"I estimate at 600 million euros for each extension of the lifetime of nuclear power plants," he said in an interview published Saturday by the Latest News from Alsace. [...]

Wall Street down slightly from the statistics of the day

U.S. stocks opened lower on Thursday as investors questioned the soundness of the economic recovery, although the numbers of registered unemployed, less than expected, came to make a positive impression on the market.
A few minutes after the start of trading, the Dow Jones lost 0.38% to 10,259.59 points while the Standard & Poor's [...]

The United Kingdom increases VAT

The British finance minister George Osborne said on Tuesday that Parliament would pass the VAT from 17.5% to 20% from next January in the United Kingdom, a measure that will bring 13 billion pounds per year (15.6 billion euros).
A tax on the turnover of banks
The minister, who presented a budget "emergency" [...]

The number of cuts for unpaid gas explodes

Some 300,000 consumers in 2010 could face a cut of their supply of natural gas, due to inability to pay their bills, 30 times more than in 2008, the company said Monday GrDF, manager of network distribution of natural gas .
"The number of cases of unpaid breaks to grow from 10,000 in [...]