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 [...]

Lisbon provides for a reduction in GDP of 2.3% this year

The Portuguese Government states that the country's gross domestic product will contract by 2.3% this year and 1.7% in 2012, as the country implements austerity measures required by the bailout of the EU and IMF.
The Minister of Finance, Vitor Gaspar, also told the press that Lisbon was preparing new spending cuts to ensure [...]

The Dow Jones gained 0.60%, the Nasdaq is 0.41%

The New York Stock Exchange finished up 0.60% Wednesday, the Dow Jones Industrial 30 72.73 points to 12,261.42 winner.
The S & P-500, wider, took 10.77 points, or 0.83%, to 1307.44. The Nasdaq Composite Index was up 11.18 points for his side (0.41%) to 2740.49.
These data are likely to vary even slightly. [...]

Nexans joint venture in China in the power cables

Nexans announced Tuesday the signing of an agreement which will create a joint venture in China in the field of power cables with Shandong Yanggu Cable, JV with French cable company will own 75%.
The transaction represents an enterprise value of approximately 140 million euros and is expected to close within six to eight [...]

Wastage lost a third of global food production

In a recent report, FAO experts estimate that 1.3 billion tons the amount of food lost or wasted every year on the planet. A third of world production.
While prices of food commodities including cereals soaring and that hunger riots could re-ignite some emerging countries, the new leaves a bitter taste: food waste never been [...]

Drought affects the French electricity

France has activated a cell saver Thursday on its electricity supply due to an exceptional drought, which causes particularly a decrease in hydroelectric production.
Forty-seven counties are affected by a prefectural order restricting the use of water and five are in vigilance, as the Department of Ecology.
"The ongoing drought led to lower [...]

Thomas Cook widening its losses in the first half, as declining

Thomas Cook reported Monday in a widening of its losses for the first half of 2010-2011, development in line with analysts' expectations, while saying that the performance of its UK business would be worse this year than last.
Following these announcements, the title of the second European tour operator to 7:25 GMT retreated 2.70% [...]

France Telecom, Deutsche Telecom want to pool their purchases

France Telecom and Deutsche Telekom announced Monday the creation of a joint venture to pool their purchases, the two telecom operators expect 1.3 billion euros of annual savings within three years.
These potential savings would be less than EUR 900 million per year in the French incumbent operator, while its German partner could draw [...]

The Dow Jones gained 0.19%, Nasdaq 0.01% yield

The New York Stock Exchange finished up 0.19% Monday, the Dow Jones industrial of the 30 winning 23.31 points to 12,400.03.
In contrast, the S & P-500, wider took 0.45 point or 0.03%, to 1332.86. The Nasdaq Composite fell on his side of 0.41 point (-0.01%) to 2789.19.
These data are likely to [...]

Wal-Mart heard by the Supreme Court on a large class action

U.S. Supreme Court seemed to lend a sympathetic ear to the arguments advanced by Wal-Mart, which wants to prevent a large class action launched by employees accusing the group of sex discrimination.
The judges of the highest court in America have strongly questioned Tuesday on the possibility that more than one million women are [...]