Iliad picking the fruits of recovery of Alice in H1

Iliad Tuesday reported a significant improvement in profitability in the first half thanks to a quicker recovery than expected from its subsidiary, Alice, restructuring since it was bought 18 months ago.
The Internet service provider, which owns the brand Free, has published a net profit of 171.4 million euros, signing an improvement of 27% [...]

The industrial orders increased in June in the euro area

The industrial orders in the eurozone rose slightly more than expected in June, according to statistics released Tuesday by Eurostat.
The control inputs in the sector rose 2.5% from May and 22.6% compared to June 2009.
Economists and analysts polled by Reuters had forecast average for June increased 1.5% from May and up [...]

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 [...]

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 [...]

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 [...]

New rate hike in Australia, a possible break

The Australian central bank again raised its key interest rate Tuesday by 25 basis points, bringing it to 4.5%, but stated that lending rates were now near their average, implying that it could pause in tightening monetary policy.
The Reserve Bank of Australia (RBA) announced its decision in a brief statement.
This growth [...]