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 [...]
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 [...]
Nissan Motor said target a nearly two-fold increase of the autonomy of its first internally developed hybrid car compared to petrol models, while keeping its costs as low as possible through a simple single engine.
The third Japanese automaker, with French automaker Renault holds 43%, is expected to launch its year-end sedan "Infiniti M" [...]
The British finance minister George Osborne said on Tuesday that Parliament would pass the VAT from 17.5% to 20% from next January in the United Kingdom, a measure that will bring 13 billion pounds per year (15.6 billion euros).
A tax on the turnover of banks
The minister, who presented a budget "emergency" [...]
The station has undergone in 2009 a net loss of 980 million, particularly due to impairment without which it would display a positive result of just three million, "she said Wednesday in a statement. The group had posted a profit of 575 million in 2008 and 1.042 billion in 2007. On a turnover – [...]