The Paris Bourse opens up, Dexia and Veolia down

The Paris Bourse started up in early trade, supported by oil companies and banks, with the exception of Dexia receding after the release of its quarterly results.
Investors are cautious before the release of key figures of employment in the U.S. this afternoon.
At 9:30, the CAC 40 index is 0.71% at 3791.02 [...]

U.S. Aerospace protested against his dismissal for tanker

U.S. Aerospace, a California aerospace equipment manufacturer that created a stir by announcing last month will participate in the tender for the giant tanker contract from the U.S. Army, this week filed an appeal after dismissal of his application.
The Government Accountability Office (GAO), the U.S. equivalent of the Court of Auditors, met Monday [...]

The White House cut its forecast of budget deficit

The U.S. government acknowledged Friday that the economy had to face "headwinds" and that the fiscal outlook remained bleak, however, but has lowered its estimate of the deficit in 2010.
According to the White House, the current trend is favorable, but the deficit and debt remain too high.
"The economic situation is still [...]

Philips raises its margin target for 2010

Philips has raised its margin target for 2010 after better than expected results for the second quarter driven by strong sales in emerging markets.
The Dutch consumer electronics was confident of being able to exceed its margin target of 10% EBITA before exceptional items this year as he previously thought just to reach this [...]

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. [...]

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 [...]

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 [...]