After a sharp rebound this weekend, the U.S. equity markets could continue their success as long as the economic outlook continues to improve.
Friday's announcement of job cuts less than expected in August in the U.S., released after a few macroeconomic indicators better than expected the previous day, was enough to close markets for [...]
The Financial Services Authority (FSA) has imposed Wednesday at Societe Generale fined 1.5 million pounds (1.9 million euros) for deficiencies in its reporting procedures.
The UK control of financial markets said in a statement the "seriousness" of the failings in the French bank in terms of reporting on financial transactions.
She adds that [...]
The biotechnology company Allergan Inc. specializes in the manufacture of Botox is currently used to treat wrinkles, or breast implants could be a target for a major pharmaceutical company through a tender offer (OPA).
This probability has indeed risen sharply since last month and the presumed interest of the French pharmaceutical group Sanofi-Aventis U.S. [...]
The Thai Berli Jucker main conglomerate said Wednesday he was keen to bid for Carrefour's local activities within the framework of its development.
"We expect the details of the tender of Carrefour, said Asavin Techacharoenvikun, CEO of Berli Jucker reporters.
Carrefour has already indicated its desire to separate its operations in Malaysia, Singapore [...]
Daimler pledged on Friday to raise its earnings forecast 2010 before the end of the month after publishing strong preliminary results for the second quarter, supported by the results of its upscale subsidiary Mercedes-Benz.
The German carmaker said on Friday an operating profit of 2.1 billion euros for the period April to June, against [...]
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 [...]
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 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 [...]
Technip will pay 338 million dollars (275 million euros) to settle litigation with the U.S. authorities on suspicion of having bribed Nigerian officials to win contracts in Nigeria, announced the Department of Justice.
Technip pay $ 240 million in criminal restitution and $ 98 million to settle lawsuits brought by the Securities and Exchange [...]
Three members of the Board of Directors of Alstom in the UK have been placed in custody on suspicion of corruption, money laundering and false accounting, announced the Serious Fraud Office UK.
The arrests came after raids on nine sites of Alstom, said the SFO.
The British authorities suspected payment of bribes, kickbacks [...]