The quarterly sales above expectations by Burberry

The UK retailer specializing in luxury Burberry Tuesday reported a turnover exceeding expectations under its first fiscal quarter due to strong demand in Asia and Europe.
Turnover rose 24% to 282 million pounds (337 million euros) for the period April to June, excluding currency effects and taking into account the restructuring of its Spanish [...]

The ECB validates the Greek project funds to support banks

The European Central Bank (ECB) on Monday approved the project in Greece to create a fund of ten billion euros to support banks.
Athens has put in place by the end of a new Financial Stability Fund (FSF) to help its banks that are suffering from increasing bad debts, degradation of the country's sovereign [...]

European markets up, Paris is 6.16% in one week

European shares finished higher for the fourth consecutive session, despite fears expressed by some analysts see a recovery in equity markets to end soon in Europe.
The Paris Bourse closed up 0.46% to 3554.48 points.For the week, the benchmark index of the Paris market gained 6.16%, its largest weekly increase in a year, as [...]

GDF Suez sees a rebound in demand for gas in Europe

GDF Suez Wednesday reported a rebound of 10% of gas demand in Europe since early 2010, after a decline of 5% in 2009.
The French energy company has also indicated it expects a "hard restart" of the natural gas market in the medium term, once erased the combined effects of the crisis and overcapacity. [...]

Nissan aims to double the autonomy of its first hybrid vehicle

Nissan Motor said target a nearly two-fold increase of the autonomy of its first internally developed hybrid car compared to petrol models, while keeping its costs as low as possible through a simple single engine.
The third Japanese automaker, with French automaker Renault holds 43%, is expected to launch its year-end sedan "Infiniti M" [...]

In search of the tire "green" in the truck

The tire manufacturers and chemists are working hard to develop a tire "green" new generation trucks could boost their revenues at a time when environmental pressure promises be still higher.
Analysts and experts interviewed by Reuters argue that the issue relates to several billion dollars over the next decade even if technical and economic [...]

Tokyo stocks end down 2.04%

The Nikkei ended down 2.04% Wednesday, falling to a low of seven months due to a strong aversion to risk caused by both the decline posted Wednesday on Wall Street and by the disturbing news in from China.
The Nikkei lost 191.04 points to 9,191.60 and the broader TOPIX, surrendered 13.03 points (1.55%) to [...]