Archive for October, 2009

The moral of households is still improving in October

October 27, 2009

French households have a little more moral. In October, the indicator that summarizes the views of households on the economic situation has gained a point from last month. This represents an improvement of 10 points from its historic low in June 2008. It remains at a level below its ...

Two towers in turmoil Defense

October 24, 2009

This is an especially thorny Monday that would unravel the Commercial Court of Paris: the towers Heart Defense. For a year, a conflict between the owner placed backup procedure and creditors about the largest building complex in Europe: two towers consisting of 355 000 m2 of offices, located in ...

SNCF strike: Update on the disturbance

October 20, 2009

SNCF Three of the four unions representing SNCF - CGT, CFDT and Fgaac-South Rail - have called for a strike until midnight Tuesday to protest against the reform of the freight. Traffic is moderately disrupted throughout. The station provides a return to normal "from the first train on ...

Cr?dit Agricole will reimburse the state

October 16, 2009

And one more! After BNP Paribas, Societe Generale, Credit Mutuel and BPCE, Cr?dit Agricole is the last major retail banks have announced in a statement it would "proceed to a full refund of the three billion deeply subordinated securities underwritten by the SPPE (Company making state participation) under the ...

Wall Street rejoices with the return of 10,000 points

October 15, 2009

The Dow Jones returned the psychological barrier of 10,000 points, closing Wednesday up 1.47% at 10,015.86 points. The Nasdaq Composite took him about 1.51% to 2172.23 points. A little over a year after the dramatic collapse of U.S. bank Lehman Brothers, an event that had resulted in global ...

Fillon expected to grow to more than 1%

October 14, 2009

Prime Minister Francois Fillon has again revised upwards the estimates on the growth of the French economy for 2010 by advancing the figure of 1%. He estimated that growth would "probably" to "more than 1% in 2010 in France against the 0.75% used officially by the government. "The ...

The ounce of gold hit a new record

October 14, 2009

Gold continues to rise to levels of courses he has never met. On Tuesday, about 11 hours, an ounce of gold stood at 1065.65 dollars in spot market in London. The yellow metal is propelled by a dollar that continues to weaken. The euro traded currently in effect against ...

Under corporate failures

October 14, 2009

The courts issued 12,508 or compulsory liquidation and 320 saves between July and September, representing an increase of 11.9% over the same quarter in 2008. However, the company said altars, "the increase is less than twice that seen at the height of the crisis." Companies struggling to resist the ...

The Paris Bourse takes a breath

October 14, 2009

The CAC 40 ended down 1.15% to 3801.39 points. Other European stock markets, which had also climbed yesterday, have also declined Tuesday: London lost 1.08%, 1.19% and Frankfurt Eurostoxx 1.21%. The flagship index of the Parisian place, which yesterday reached a new annual high, needed to blow today. The ...

Prices depart downward in September

October 14, 2009

Dropping prices and holiday homes (-40.6%, 3.1% a year), package holidays (-22.5% +2.7% over one year), hotels including pension (-1.7% +1.6% over one year) and air transport (-8.0% +1.5% over one year). But with the new school, education services were more expensive (+2.6% +4.3% over one year) and meals in ...

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