Groupama postponed its IPO in 2015

The mutual insurer Groupama will give priority to profitability rather than market share gains during the implementation of its new savings plan 2012-2015, after which the group plans to put its new stock exchange, said its director general daily Les Echos.
Standard & Poor's downgraded Friday the long-term rating of Groupama, a decision to [...]

The confidence index at half of French households

French consumer confidence has deteriorated sharply during the summer, the monthly survey shows Friday the INSEE.
The composite indicator of consumer confidence stood at 80, down five points from July, and is now the lowest since February 2009.
Economists and analysts polled by Reuters on average expected a figure of 84 and the [...]

The contraction sharpened fears of relapse

Fears of a relapse of the global economy have intensified Thursday with the release of purchasing managers' index (PMI) showing a contraction in private sector activity in the eurozone and in China, which fueling the decline in equity markets.
Against the backdrop of the debt crisis, the activity of services in the euro area, [...]

Obama presents his plan to reduce the deficit

The U.S. president announced Monday new measures savings of $ 3 trillion dollars over ten years. They include the creation of a tax on the rich millionaires. President Barack Obama has presented new cost-saving measures to reduce the deficit Monday, September 19 in the Rose Garden of the White House.
President Barack Obama said Monday, [...]

Nissan Infiniti cars built in Europe

Nissan's Infiniti brand will announce Wednesday a proposal to build a high-end compact car in Europe in recent years, making it the first Asian luxury brand to build locally, Reuters reported on Wednesday sources close to the matter.
The car, based on a flexible architecture provided by the partner Daimler, will probably not built [...]

These bosses who pull the strings of the Chinese economy

They are less media that Steve Jobs or Carlos Ghosn, but equally powerful. Overview, images, big names in the Chinese economy. By Lucille Caillaut
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Previous Previous Su Shulin PauseSuivant, 49, Sinopec Next
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Previous Previous PauseSuivant Jiang Jiemin, 55, China Petroleum Company Next
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Lenovo double its earnings but fears a global slowdown

The manufacturer of personal computers Lenovo China Thursday posted a near doubling of quarterly profit, but expressed concern about the impact of a slowing global economy, making the stock market drop his title by nearly 8 %.
The third global brand PC has been driven by strong sales in China and other emerging markets [...]

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 [...]

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 [...]

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 [...]