According to Yves Leterme, Prime Minister Acting laBelgique, the decision was not "totally unexpected". The announcement of the rating agency Standard & Poor's downgraded the sovereign rating Friday night in Belgium – the passing of AA + to AA – is nevertheless "naturally bad news."
In the viewfinder of the rating agency, the [...]
RueDuCommerce will change hands. The founders of the online commerce site and the fund Apax, one of its major shareholders, have agreed to sell the company Altacom, a subsidiary of real estate Altarea-Cogedim, 28.64% of its capital.
Altacom table the bid for a project of the principal balance at 9 euros per share. [...]
The fight against tax evasion is paying off. She has twenty countries struggling against leakage to tax havens in two years to recover 14 billion euros in revenue, according to the OECD. The organization, which held today and tomorrow's fourth Global Forum on transparency and exchange of information for tax purposes, also believes that [...]
After winning nearly 4% last week, the CAC 40 opened on a positive note on Monday, rising 0.81% to 3243.93 points. In the wake of the Asian stock markets, investors welcomed the commitment to get out of debt crisis displayed by European finance ministers at the G20 Finance Ministers held in Paris this weekend. [...]
In purchasing real estate, the French would have become more opportunistic. This is reflected in a survey of the Land Bank published this Saturday in Le Parisien-Aujourd'hui en France, on Saturday. The study found that nearly two-thirds of the French advance will realize a capital gain tax at the time to buy an apartment. [...]
Never satisfied, the French? Not so sure … INSEE conducted an extensive investigation, surveying citizens on their satisfaction in life. And the average rating is 7.3 out of 10. A note, which goes against conventional wisdom. Your home this he faults? Do you restrict your intake for financial reasons. Pâtissez sure to difficult working [...]
In the first half of 2011, a resumption of sales of businesses began. The second barometer on the subject made jointly by the State and Altares, released Thursday, reported a sales increase of 2.4% over the first six months of the year. These sales were heavily impacted by the crisis in 2009, transactions were [...]
Since the beginning of the week, investors in Europe and the United States, is won over by a wave of optimism about the outcome of the crisis of sovereign debt. The CAC 40 jumped 5.74% on Tuesday to finish the session at 3023.38 points, aligning a third straight session rebound. Another encouraging sign is [...]
Gold has not used its safe haven status
Everything came together last week to blow away the gold: a warning from the Fed on the U.S. economy, disappointing indicators in Europe and China and a worsening debt crisis in Europe. And yet, the yellow metal has not taken advantage of the panic in equity markets, [...]
Lefigaro.fr – Can we say that Kweku Adoboli is "the new Kerviel"?
Frederic Boulier – It is true that there are many similarities with the Kerviel affair. The amounts are lost in the same order of magnitude. Jerome Kerviel lost 4.9 billion euros at Societe Generale, but before the "unwinding" of his positions, [...]