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 [...]

Time Warner has exceeded expectations and raised its forecast

Time Warner publishes a quarterly profit above Wall Street expectations after posting the largest increase in sales for two years.
It also raised its forecast for the full year, saying that now rely on an increase of at least 20% of its current earnings per share.
The U.S. media group has achieved in [...]

Towards a slow recovery cycle for French property

The interim results of French property has been marked by a slight overall decline in rental income in a consumer environment "soft" and wait for business.
The leaders and industry experts believe, however, after two years of falls, rents in prime (good quality and well placed) are stabilizing.
However, in the absence of [...]

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 [...]

The quarterly sales above expectations by Burberry

The UK retailer specializing in luxury Burberry Tuesday reported a turnover exceeding expectations under its first fiscal quarter due to strong demand in Asia and Europe.
Turnover rose 24% to 282 million pounds (337 million euros) for the period April to June, excluding currency effects and taking into account the restructuring of its Spanish [...]

The ECB validates the Greek project funds to support banks

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 [...]

European markets up, Paris is 6.16% in one week

European shares finished higher for the fourth consecutive session, despite fears expressed by some analysts see a recovery in equity markets to end soon in Europe.
The Paris Bourse closed up 0.46% to 3554.48 points.For the week, the benchmark index of the Paris market gained 6.16%, its largest weekly increase in a year, as [...]

Wall Street down slightly from the statistics of the day

U.S. stocks opened lower on Thursday as investors questioned the soundness of the economic recovery, although the numbers of registered unemployed, less than expected, came to make a positive impression on the market.
A few minutes after the start of trading, the Dow Jones lost 0.38% to 10,259.59 points while the Standard & Poor's [...]

Eurozone – the countries of Euroland are close to agreement on Greece

A European diplomatic source said Tuesday, March 23 evening to AFP that the sixteen countries using the common currency were "close" to an agreement to Adler Greece out of its financial crisis. This should be finalized and announced Thursday morning in Brussels at a summit of leaders of countries in the euro area, just [...]