Justice condemns the free Google Maps for Enterprise

The Commercial Court of Paris condemned Google for abuse of dominance at the expense of the French company directory mapping who accused him of offering free services to integrate maps on websites. Google Maps, widescreen version.
While the antitrust authorities in Brussels and the United of States have launched investigations into possible abuse of dominant [...]

Default, return to the drachma, massive devaluation, hyperinflation, recession … out of the euro would lead the Greek economy to disaster. Demonstration. Of "indignation" burn Greek euro banknotes to the Bank of Greece in Athens, October 17, 2011
The euro area, you love it or leave it. This was essentially the message from Nicolas Sarkozy [...]

Short-Renault and PSA to adjust stock

Renault and PSA Peugeot Citroën will enjoy the holidays from November to introduce measures of partial unemployment in many of their factories so they say, to sell some of their stocks.
The two French car manufacturers have made inventory management a priority in order to avoid ending up in case of weaker demand in [...]

Pressure on the French AAA weigh on the euro area

The warning from Moody's Aaa rating on the of France poses new uncertainties about how to resolve the debt crisis in the euro area, five days a crucial summit for the future of the single currency, say the Analysts.
But if the decision of the rating agency to assess the stable outlook of the [...]

Industrial production increased as expected in the U.S.

Industrial production in the United States increased as expected in September, according to figures released Monday by the Federal Reserve, the manufacturing sector offsetting a decline in the utilities.
Production increased by 0.2% the previous month, according to the expectations of economists polled by Reuters and after remaining unchanged in August. (Revised from an [...]

Oil prices end down sharply because of Greece

Brent crude closed Monday at 101.71 dollars a barrel, down $ 1.05, or 1.02%, against a backdrop of rising dollar against the euro and concerns about the crisis European debt.
This is the lowest closing price of Brent in seven and a half months.
Shortly before, a barrel of U.S. light crude had [...]

German growth "close to 3%" this year

Angela Merkel has revised the outlook for growth on the rise in the country, while global growth is threatened. German Chancellor Angela Merkel (Blegrade by August 23, 2011)
German Chancellor Angela Merkel said on Friday that the growth of gross domestic product (GDP) German would be "closer to 3% than 2.5%" this year. This statement [...]

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 [...]

The euro returns to the helm of $ 1.45

The rise of the euro is not a sign of confidence in the economy of the Old Continent. It is mainly driven by dollar weakness and renewed appetite for risk.
The euro continued to rise Monday above the threshold of $ 1.45, benefiting from a reflux of the risk aversion of the operators, after the [...]

Spanish growth slows, Italy should follow

Growth slowed in the second quarter in Spain and the Italian economy should suffer the same fate in the months to come, say economists after the publication of preliminary figures of Gross Domestic Product (GDP) in the two countries Friday.
The torpor of the activity in Italy and Spain, third and fourth economies in [...]