Monthly Archives:  August 2011

  • Market News

    Full Story | 31st August 2011
    European Markets European Markets are called to open flat this morning. Asian Markets Asian stocks are trading higher in the current session. US Markets Investors were more optimistic Tuesday afternoon after the Federal Reserve’ minutes .
  • German unemployment remains stable

    Full Story | 31st August 2011
    The German labour market is still improving. In August, seasonally-adjusted unemployment dropped by 8,000, keeping the unemployment rate unchanged at 7.0%. Due to the summer vacation, the unadjusted number of unemployed increased by 5,400. The .
  • Market News

    Full Story | 30th August 2011
    European Markets   European markets are called to open higher this morning.   Asian Markets   Asian stocks rose for a fourth day and the cost of insuring the region’s debt fell amid speculation the .
  • US Not in Recession, Stocks to Rise: Byron Wien

    Full Story | 30th August 2011
    Former Morgan Stanley chief U.S. investment strategist Byron Wien remains an optimist and sees the stock market rising by the end of the year, he told CNBC Thursday. “I don’t think we’re in a recession,” .
  • ArcelorMittal, Peabody Energy to Acquire Macarthur Coal

    Full Story | 30th August 2011
    ArcelorMittal, the world’s largest steelmaker, and Peabody Energy Corp. agreed to buy Macarthur Coal Ltd. after sweetening their bid, valuing the Australian producer at A$4.8 billion ($5.2 billion). ArcelorMittal and Peabody, the biggest U.S. coal .
  • Gazprom Boosts First-Quarter Profit 44%

    Full Story | 30th August 2011
    OAO Gazprom, the world’s biggest gas producer, said first-quarter profit jumped 44 percent, more than analysts forecast, after gas prices and export volumes rose. Net income climbed to a record 468 billion rubles ($16 billion) .
  • Alpha Buys Eurobank to Make Biggest Greek Bank

    Full Story | 29th August 2011
    The boards of EFG Eurobank Ergasias SA and Alpha Bank SA, Greece’s second-and third-biggest banks, met today to discuss a possible merger aimed at bolstering their assets and helping them ride out a deepening recession .