The year 2011 will be profitable for casinos in Asia. Reflected in the interim results of Galaxy Entertainment, one of six licensed casino operators in Macau. While its net profit fell by 20.4% over the first six months of the year, to 378.3 million Hong Kong dollars (33.6 million), under the weight of an [...]
The fight against deficits, the policy of austerity, the rise in unemployment and the approach of presidential elections have not made less combative. At its press conference back Friday, Bernard Thibault has typed in all directions. Of course the employers, but especially the government. "The Prime Minister's announcements are not likely to characterize a [...]
This is the largest reorganization in the French sector of petrochemicals since the creation of Arkema in 2004. According to Les Echos on Friday, Total prepare a reorganization of its operations, bringing the refining and petrochemicals. These two sectors are managed today in a different way. The reorganization will allow the largest European refiner [...]
Announced every year since 2007, the reform of addiction waiting in early 2012. At best.
For every reason to believe that the government will push the bill financing the social security for the 2013 "emergency measures" as Roselyne Bachelot, Minister of Solidarity, had estimated before the summer, a billion euros. "Addressing this issue [...]
In the middle of sovereign debt crisis, France is planning to save 1 billion euros in 2011 and 11 billion by 2012 and reduce the public deficit to 3% of GDP in 2013. To achieve these objectives, Prime Minister François Fillon unveiled on Wednesday new austerity measures, some expected.
The government downgraded its [...]
Earlier this week between optimism and caution in the New York Stock Exchange. On Monday, Wall Street wanted to finish in the green after two sessions of decline. The Dow Jones gained 0.34% to close at 10,854.65 points, the Nasdaq 0.15% to 2345.38 points (provisional). After opening on a very positive note, the stock [...]
Barack Obama came on the same level in the campaign for his re-election in 2012, do not miss any opportunity to castigate the Congress. And first of his Republican opponents who control the House of Representatives. After accusing them of having lost the country's triple AAA, the U.S. president, on Saturday from his holiday [...]
New black day on Wall Street. After opening in the dark red (-2.19% for the Dow and -3% for the Nasdaq), the New York Stock Exchange closed down a massive. The Dow Jones lost 3.68% to 10,990.58 points and the Nasdaq was unscrewed from 5.22% to 2380.43 points.
The New York Stock Exchange, [...]
Lafarge continues to cut his plaster. The world leader in building materials announced Wednesday the sale to its Australian partner Boral's interest in their joint venture. The sale of its share of Lafarge Boral Gypsum Asia (LBGA), established in 2000, will bring 429 million euros into the coffers of the French group. This is [...]
Show that summer storm, there is a captain at the helm of the eurozone. And even two! Following a working meeting at the Elysee Tuesday with German Chancellor Angela Merkel, Nicolas Sarkozy – who interrupted his vacation for the occasion – has challenged before the role of Franco-German couple out the single currency of [...]