To a last-minute agreement on the U.S. debt

The U.S. Congress was about on Sunday to reach a last-minute deal to raise the debt ceiling and prevent the world's largest economy a default.
"We are ready," he told CNN the leading Republican minority in the Senate, Mitch McConnell, who plays a key role in these talks.
Meanwhile, a senior White House [...]

DuPont raised its forecast after good second quarter

DuPont reported Thursday a second quarter earnings above expectations, thanks to robust sales in agriculture and chemistry, while raising its forecast earnings per share for 2011.
The U.S. chemical company posted net earnings of $ 1.22 billion, $ 1.29 per share, against $ 1.17 billion, $ 1.26 per share, a year earlier.
Excluding [...]

Air France-KLM affected by the Arab spring and Japan

Air France-KLM said Wednesday it posted a loss for the period April to June, while the activity of the Franco-Dutch airline was affected by the crises in Japan and the consequences of the "Arab spring" traffic.
Rising oil prices also weighed on the results of the group, which publishes the first quarterly results calibrated [...]

What Nicolas Sarkozy wrote to parliamentarians

For the first time a President sent a letter to MPs and senators. In the letter signed by him, Nicolas Sarkozy praised the European decisions on Greece and calls for hidden words the opposition to vote the golden rule budget. Nicolas Sarkozy sent a letter signed by him to Parliament to review the plan of [...]

Total amount to $ 10 billion project Moho Bilondo

Total amount to ten billion dollars (seven billion euros) of investment needed to develop the oil field north of Moho Bilondo off the coast of the Republic of Congo, said its CEO, Christophe de Margerie.
"The project Moho Bilondo North is the future of oil exploration by the year 2015-2017 in the Congo," said [...]

Save Greece will increase the debt of 15 billion French

The new aid package to Greece indirect cost 15 billion euros to France, Francois Fillon said. Prime Minister Francois Fillon, surrounded by the Minister of Economy and Finance Baroin, and budget minister Valérie Pécresse, held a réunuion with government and parliamentarians on the new European plan for aid to Greece.
The new bailout of Greece [...]

Intel beats the consensus second quarter

Intel on Wednesday released the results exceeded expectations for the second quarter, making up his title in after-hours trading.
The world of microprocessors has published a turnover of 13.1 billion dollars (9.2 billion), representing an increase of 22% over the previous year.Analysts were expecting a turnover of 12.83 billion dollars, according to Thomson Reuters [...]

Three options under consideration for Greek debt

The leaders of the euro area defined by teleconference last week three main options to involve private creditors at the new rescue plan for Greece, according to a document prepared July 16 and that Reuters was able to obtain.
The Heads of State and Government of the euro area will meet Thursday in Brussels [...]

Rebekak Brooks resigns from News International

Consequence of the new wiretapping scandal, Rebekah Brooks resigned from his position as CEO of News International, British subsidiary of News Corp., said Friday the newspaper group.
The Director of the British branch of Rupert Murdoch has been tainted by the scandal of illegal telephone tapping carried out by News of the World, the [...]

Lisbon provides for a reduction in GDP of 2.3% this year

The Portuguese Government states that the country's gross domestic product will contract by 2.3% this year and 1.7% in 2012, as the country implements austerity measures required by the bailout of the EU and IMF.
The Minister of Finance, Vitor Gaspar, also told the press that Lisbon was preparing new spending cuts to ensure [...]