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 [...]

Eon And Gazprom Parting Ways

By Andra Marinescu | December 2nd 2010 | no comments

Eon has sold Gazprom. The end of a partnership: After more than ten years suggests, the energy company Eon's stake in the Russian gas company Gazprom going on. Investors ignore the message. Worker checks gas line. The separation is not surprising, therefore, the [...]

Could Economic Setbacks End Soon?

By Andra Marinescu | December 2nd 2010 | no comments

Is a time of economic setbacks in the United States to end soon? Recent data from the labor market point out at least that. However, a weak ISM index ensures that the optimism is not too large. Finally, it had looked like, could serve as even massive intervention by [...]

Frozen Federal Wages In The U.S.

By Andra Marinescu | December 2nd 2010 | no comments

Two days after a group of 45 American millionaires have asked President Barack Obama to be subjected to higher taxes, the leader of the White House in favor of the freeze for two years, salaries of civil servants. Foreshadowing, so last night's meeting with [...]

Employment Records In Germany

By Andra Marinescu | December 2nd 2010 | no comments

The number of unemployed in Germany fell again in November, as the Federal Employment Agency (BA) in Nuremberg announced that 2.931 million people were registered as officially unemployed. These were 14 000 fewer than in October and 284 000 fewer than in November 2009. The [...]

Private Sector Fears EU’s Bailout Plans

By Andra Marinescu | December 1st 2010 | no comments

The European currency lost yesterday, ground against the U.S. dollar, a day after adoption by the EU to Ireland's rescue plan, investors continued to fear a possible crisis and spread to other countries in the euro area or faction. Moreover, according to BNP [...]

Richy Rich Paying An Additional 106.000 Pounds A Year In The UK

By Andra Marinescu | December 1st 2010 | no comments

What seemed a mere rumor became reality. British Prime Minister, David Cameron has decided an additional tax of millionaires, who will have to pay additional 106,000 pounds each a year. It is true that, using various legal [...]

Euro Down Amid Eurozone Concerns

By Andra Marinescu | December 1st 2010 | no comments

The foreign exchange and bond markets contribute to nervous. One worries that the debt crisis flares up in Europe a conflagration. The euro falls and falls, even today, he appeared briefly under 1.30 dollars. Just recently, the EU states have decided that they would [...]

Thyssen Krupp’s Spectacular Economic Recovery

By Andra Marinescu | December 1st 2010 | no comments

The economic recovery of Germany's largest steel group gets really good; Thyssen Krupp managed to jump back in the black. However, the steel company had to afford even their contribution. With a tough austerity [...]

Stock Markets And The Dollar

By Andra Marinescu | December 1st 2010 | no comments

The last day of November morning, namely yesterday greeted us with increases mostly in Asian stock markets which on average were up by 1%. So, let’s take a look at yesterday markets: the SSEC Shanghai Composite was at 2866.36 points, down by 5.34 points , or minus 0.19%; the [...]

Good Business For Software AG

By Andra Marinescu | November 29th 2010 | no comments

Software AG is yet to digest the acquisition of IDS Scheer, as the company is already dreaming of the next big acquisition. Up to one billion euro the TecDAX companies can go for it. Talking to the "Börsen-Zeitung", the CFO Arnd made it clear that his company might [...]

Czech Republic Wants Out From The Single Currency

By Andra Marinescu | November 29th 2010 | no comments

The EU agreed on the plan to help Ireland, a plan which was set at a value of 85 billion euros. After Iceland, the Czech Republic heard through the President Vaclav Klaus's voice, evoked the possibility of negotiating the right to abandon the single [...]

What To Look For In Investments

By Andra Marinescu | November 29th 2010 | no comments

There are three basic elements, in no particular order: First is the stable legal framework. This means that both tax law and regulating the activity of a company that does not change too often and it provides investment protection guarantees you do not for one year but for years. [...]

CAToil’s Business Is Booming

By Andra Marinescu | November 29th 2010 | no comments

The oil services CAToil increased its sales in the third quarter. Now the company wants to expand its core business. The shareholders respond with applause. In early trading pushed the paper in front of more than two percent and was one of the SDax of the strongest [...]

A Very Successful IPO For GM

By Andra Marinescu | November 29th 2010 | no comments

On Friday, the U.S. carmaker General Motors (GM) closed the operation of the largest IPO in history. A year and a half after declaring bankruptcy and just a week after returning to the market the company has now made on the New York Stock Exchange, $ 23.1 [...]

Rescue Package From IMF And The EU

By Andra Marinescu | November 28th 2010 | no comments

The rescue package from the European Union and the International Monetary Fund for Ireland is tied. The EU member states gave the green light for the aid package, which includes 85 billion euros. It will operate for three years. Because of its banking crisis, Ireland was a week ago, [...]

Currency Market Is Still At War

By Andra Marinescu | November 28th 2010 | no comments

The currency market is still at war, the Yuan versus the dollar, the euro versus the dollar, etc. We already know that after the G20 meeting in South Korea this year the main theme of discussions was aggressive monetary policies of China and the U.S. continue to maintain [...]

Good Outlook For KWS Saat

By Andra Marinescu | November 28th 2010 | no comments

For the KWS Saat, the first quarter of the new fiscal year is always the weakest. Nevertheless, the company provides a solid start. Investors’ reactions still disappoint. The SDAX-listed paper in the morning is one of the biggest losers after the stock was delivered [...]

Bailouts And New Measures Of Austerity

By Andra Marinescu | November 28th 2010 | no comments

Bailouts and new measures of austerity. After Ireland took the example of Greece on the request of a bailout from the EU and IMF to support the banking sector who are in great difficulty, here in Portugal the Parliament approved on Thursday an austerity [...]