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 [...]

Fell less-than-expected earnings in the first half of BBVA

BBVA has done better than expected by analysts in the first half, registering a decline in net income limited to 9.7% due to a decline in bad debts and its overseas operations, which offset the difficulties encountered in Spain.
The second Spanish bank has published a half-year net income of 2.53 billion euros, while [...]

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 [...]

Novartis raised its forecast for 2010

Novartis AG Thursday unveiled figures in line with expectations in the second quarter of 2010 but has attracted attention in revising upward its forecasts for the current year.
The laboratory in Basel now expects growth at constant exchange rates, its revenues would fall between the middle and upper range of a single-digit rate (excluding [...]

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 [...]

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" [...]

The station loses nearly one billion euros in 2009

The station has undergone in 2009 a net loss of 980 million, particularly due to impairment without which it would display a positive result of just three million, "she said Wednesday in a statement. The group had posted a profit of 575 million in 2008 and 1.042 billion in 2007. On a turnover – [...]