Tumble In The Price Of The Oil

Posted in: Business, Featured by Diana Miron | May 5th 2011 | no comments

While some of the things that are happening on an international level make United States to be proud of finally “defeating the enemy”, on the economic side things are not going as well as they are supposed to. Oil price does not reach the supposed target and it even tumbles 7%. The main reason [...]

The Next Economic Leaders Of The World

By Andra Marinescu | November 28th 2010 | no comments

The British bank Standard Chartered experts believe that India will be included in maximum 20 years among the major world economies. While waiting for financial aid Ireland European Union, Greece continues to reduce the costs and Portugal [...]

The Volatile Price Of Oil

By Andra Marinescu | November 27th 2010 | no comments

Backed up by a superior package of macroeconomic indicators expected, the U.S. oil brand "light sweet crude oil" posted at Wednesday's closing quotations in New York, an increase of 3%. The oil with a delivery contract in January gained $ 2.61, climbing to $ 83.86 per [...]

How Much Is Needed To Save The Euro Area?

By Andra Marinescu | November 27th 2010 | no comments

Willem Buiter, a British analyst says that Europe needs 1.000 billion immediately to ensure the security of its currency. Axel Weber, Bundesbank President and candidate to the presidency of the ECB, says that Europeans are provided with sufficient [...]

Preparing For Hapag Lloyd’s IPO?

By Andra Marinescu | November 27th 2010 | no comments

Insider sources said the stake in the shipping company Hapag Lloyd is soon to come to the stock exchange. Thus, the Tui shares climbed up sharply on the stock exchange market. With an increase of four percent to 8.42 euros, the paper is one of the gains in [...]

Friday’s Trading Day

By Andra Marinescu | November 27th 2010 | no comments

After the U.S. stock markets were closed on Thursday because of "Thanksgiving", was traded on Wall Street on Friday just shortened. Much of the stock brokers should, however, already have passed into the weekend. Economic data was also not on the agenda as everyone was focused on the [...]

The U.K. – Protests Against Tuition Fees And More Than 11 Days Off In 2011

By Andra Marinescu | November 27th 2010 | no comments

While British students protest the government's intentions led by David Cameron to raise registration fees in universities from the currently 3.290 pounds (3.900 euros), to 9,000 pounds (10,660 euros) in the UK continue, the owners of [...]

Deutsche Bank Finalizing The Acquisition Of Postbank

By Andra Marinescu | November 27th 2010 | no comments

Germany's largest financial institution, the German bank is now in the private client business to number one in this country. 70 percent of the independent shareholders of Postbank have agreed to the offer by Frankfurt. This will secure the [...]

North Korean Effect On Stock Markets

By Andra Marinescu | November 26th 2010 | no comments

An urgent meeting of the UN Security Council was held on the 23rd of November after North Korea bombed a South Korean island. Here's a story that will not remain without effect, financial markets have reacted in a negative way, especially because the problem had [...]

Euro Currency – An Uncertain Future

By Andra Marinescu | November 26th 2010 | 2 comments

Iceland's President Olafur Grimsson said that the euro is not a guarantee of economic success. The Governor of the Bank of Austria, Ewald Nowotny, criticized the German Chancellor Angela Merkel's statements; "The euro is in an exceptionally serious [...]

Ireland’s Situation Calls For Concern, Once Again

By Andra Marinescu | November 25th 2010 | no comments

The agreement for a loan that could reach 85 to 110 billion with the IMF requires the government in Dublin to take drastic measures. Since domestic demand is quite low there is little chance that the economy of this country will grow enough to be able to sustain itself. The bank debt [...]

Aquisitions And Take-overs Worth 2.100 Billion Dollars This Year

By Andra Marinescu | November 25th 2010 | no comments

Sanofi-Aventis Pharmaceutical Group has focused on the U.S. company Genzyme, Draka is courted by several companies, including a Chinese company ... Friendly or hostile bids returned to the fashion world markets: with [...]

PwC Study On Rates Of Taxation

By Andra Marinescu | November 25th 2010 | no comments

According to PwC, the total rate of taxation of a company in Romania is 44.9%, being ranked 14 in the European Union. Of this percentage, 32.3% is labor charges; income tax is 10.4% and 2.2% - other duties. "Romania is an example of how taxes on labor and social security [...]

German Economic Boom

By Andra Marinescu | November 25th 2010 | no comments

In German business confidence hit a record high in November, under increasing domestic spending, which has strengthened the economic outlook. The German Institute business climate index, based on the feeling of 70,000 [...]

GDP Growth Revised And FBI Investigation Continues In The U.S.

By Andra Marinescu | November 25th 2010 | no comments

The U.S. economy is growing after the review of the Q3, but the increase seems less significant given that unemployment remains relatively high. Some economists say that on this basis a boost to the still “fragile” economy, as some point out, might be given in the [...]

J Crew To Be Bought By TPG Capital, Once Again

By Andra Marinescu | November 24th 2010 | no comments

The U.S. fashion retailer J Crew is about to be bought by TPG Capital, which owned the company in 2007, and by Leonard Green & Partners, according to sources within the company. J Crew sells one share at the price of 43.50 dollars, which means the value of the [...]

New Chief Adjusting Well At HP, According To Quarterly Results

By Andra Marinescu | November 24th 2010 | no comments

New chief adjusting well at HP, although the new company's director of the American IT company Hewlett Packard (HP) has only been about two months in office. But with the first quarterly report under the direction of Leo Apotheker, the stock market is completely [...]

Living In Uk’s Countryside More Expensive Than In Cities, BBC Says

By Andra Marinescu | November 24th 2010 | no comments

For people living in rural areas, costs are about 20% higher compared with those of an inhabitant of the city. The need for buying a house, in order to have a minimum acceptable standard of living is higher by 20% compared with the situation in urban [...]

The Euro The Day After Ireland’s Rescue

By Andra Marinescu | November 24th 2010 | no comments

A day after the "rescue" of Ireland by the EU returns to the capital markets more and more into our old routine. Yesterday's relief was replaced by worries about an imminent deterioration of the situation. The euro slid by more than two cents as compared to [...]