http://steelmanlaw.com Opinion Sat, 04 Sep 2010 01:25:08 +0000 http://backend.userland.com/rss092 en The Nikkei closed up 0.57% on Friday, supported by recent U.S. macroeconomic statistics found promising, although its gains have been limited by investor caution before the announcement of monthly figures of employment in the States USA. The Nikkei index closed at 9,114.13 points and the broader TOPIX, took 0.52% ... http://steelmanlaw.com/the-nikkei-ended-up-0-57/ Oil prices have come down sharply on Tuesday on the New York market, signing their second straight session of declines and displaying the entire month of August, their first monthly decline since May. The October contract on the U.S. light crude ended down $ 2.78, or 3.72%, to $ ... http://steelmanlaw.com/new-york-crude-ends-down-and-lost-8-9-on-month/ On Friday a new conditional easing of U.S. monetary policy to a deterioration in economic conditions in the U.S., the Federal Reserve chairman, Ben Bernanke, has tried to appease the "hawks" who favor the Fed the fight against inflation, in order to rally them to his latest position. This ... http://steelmanlaw.com/ben-bernanke-for-time-to-appease-the-hawks-of-the-fed/ Spanish airline Iberia has reported an operating loss Friday in weaker than expected due to higher demand for passenger transport and air freight to offset the negative impact of the ash cloud of April. Iberia, which plans to merge with British Airways by the end of the year, said ... http://steelmanlaw.com/iberia-reduced-its-losses-in-first-half/ The Indian division of Renault will launch five models from mid-2011 and mid-2013 to meet growing demand in this rapidly growing market, said Thursday the French carmaker's CEO for India, Marc Nassif . The small vehicles, built on the platform of its Japanese partner Nissan, launched in 2012, he ... http://steelmanlaw.com/renault-will-launch-five-models-in-india-between-mid-2011-and-mid-2013/ The irritation expressed Tuesday by the Japanese government to face the rise of the yen was not enough to stem the surge in the yen, which hit new highs against the dollar and euro. Japanese Prime Minister, Naoto Kan, said he wanted to think about measures to curb the ... http://steelmanlaw.com/tokyo-hardens-tone-but-does-not-decide-to-intervene-on-yen/ The economic recovery in the euro area slowed slightly in August but companies are more optimistic for the months to come despite differences between countries in the region, show the first results of Monday's monthly survey Markit. The PMI services, calculated on the basis of responses from purchasing managers ... http://steelmanlaw.com/the-activity-decelerated-in-the-euro-area-improvement-to/ The British finance minister George Osborne said on Tuesday the introduction of a tax on the assets of banks operating in the United Kingdom, while France and Germany support this measure and prepare to join, at he said. According to Osborne, the tax on banks' balance sheets will ... http://steelmanlaw.com/france-and-germany-follow-the-united-kingdom-on-bank-charges/ Veolia Environnement publishes interim results up, thanks to the rising prices of raw materials recycled, but expressed caution about prospects for recovery of the waste market in the second half. The world leader in environmental services has estimated that an operational perspective, the second half might look like in ... http://steelmanlaw.com/veolia-is-cautious-about-prospects-for-recovery/ Societe Generale on Wednesday posted a net income multiplied by 3.5 in the second quarter of 2010, above expectations, thanks to a decline in its stores and a smaller than expected loss in its toxic assets, and confirmed objectives. The second French bank by market value after BNP Paribas, ... http://steelmanlaw.com/societe-generale-did-better-than-expected-in-q2/