The French banking regulator warned Dexia Credit Local (DCL) in August 2010 that its liquidity position did not meet minimum requirements and that it planned to put the financing subsidiary of Dexia local under "special supervision" and to appoint a controller.
Already recapitalized in 2008 to 6 billion euros not the French public authorities, [...]
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 [...]
The current account deficit of France in August fell to 2.9 billion euros from 3.8 billion in July, showed preliminary figures released Wednesday by the Bank of France.
The deficit on trade in goods fell to 5.2 billion euros, against 6.4 billion a month earlier.
Trade in services have stabilized, generating a surplus [...]
The CAC 40 index again tested the 3,000 points in early trading Tuesday.
At 9:33, the CAC 40 is 0.16% to 3004.63 points after passing briefly under the psychological barrier of 3,000 points.
Wall Street finished down closing a turbulent session, investors are drawing negative conclusions of the economic indicators of the day.
The New York Stock Exchange ended down 1.03% Thursday, the Dow Jones industrial yielding 30 119.96 points to 11,493.57 points.
The S & P-500, wider, lost 14.47 points, or 1.19% to 1204.42 points. [...]
The manufacturer of personal computers Lenovo China Thursday posted a near doubling of quarterly profit, but expressed concern about the impact of a slowing global economy, making the stock market drop his title by nearly 8 %.
The third global brand PC has been driven by strong sales in China and other emerging markets [...]
Bank of America announced Monday the sale of its credit cards in Britain, Ireland and Canada.
In Canada, the U.S. bank has an agreement with TD Bank Group on a portfolio of $ 8.6 billion, according to a statement released Monday, however, reveals that the amount of the transaction.
TD Group said it [...]
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 [...]
The new aid package to Greece indirect cost 15 billion euros to France, Francois Fillon said. Prime Minister Francois Fillon, surrounded by the Minister of Economy and Finance Baroin, and budget minister Valérie Pécresse, held a réunuion with government and parliamentarians on the new European plan for aid to Greece.
The new bailout of Greece [...]
Intel on Wednesday released the results exceeded expectations for the second quarter, making up his title in after-hours trading.
The world of microprocessors has published a turnover of 13.1 billion dollars (9.2 billion), representing an increase of 22% over the previous year.Analysts were expecting a turnover of 12.83 billion dollars, according to Thomson Reuters [...]