Archive for October, 2012
Mattel profits increased a 22% in the third quarter thanks to the drive of the ‘Monster High’
The U.S. toy company Mattel posted a net profit of 365.9 million dollars (284 million euros) in the third quarter, representing an improvement of 22% over the same period last year, thanks to the boost in sales of the dolls ‘Monster High’, which offset the decline in sales of Barbie. The turnover of the California [...]
European Authorities ask Google to improve its privacy policy
European authorities have assured data protection, after analyzing the new privacy policy launched by Google last March that the U.S. search giant is not complying fully with EU legislation on protection data and have made a number of recommendations to Google to “ensure compliance with these laws.” Specifically, the French Authority for Data Protection (CNIL), [...]
Toyota considers suspending production at its largest assembly plant in China
Toyota plans to suspend production next week at its largest assembly plant in China, according to a Japanese newspaper on Tuesday, due to decreased demand for Japanese cars because of a territorial dispute between the two countries. Toyota, the largest automaker in the world in the first half of 2012, announced that it will suspend [...]
The Eurozone recorded a trade surplus of 6.600 million in August
The euro area recorded a surplus in its current account trade balance of 6,600 million euros in August, while the Twenty cut its deficit to 12,600 million, reported Eurostat, the EU statistical office. During the same month last year, the foreign trade balance of the euro area recorded a deficit of 5,700 million euros. In [...]
Inflation remained stable in the European Union in September
Annual inflation remained stable in the euro area and in the whole of the European Union (EU) in September, to stand at 2.6% and 2.7%, respectively, reported Wednesday the EU statistics office Eurostat . Inflation remains so unchanged compared to August, although the first estimate released by Eurostat September 28 provided for a rate of [...]
Germany wants a monetary commissioner decides on national budgets
The German Finance Minister, Wolfgang Schäuble, want to raise the skills of the European Commissioner for Economic and Monetary Affairs, and proposes to have the power to reject national budgets and return to parliament concerned. The German finance headline announced this initiative, which will be presented at the European Union summit later this week, on [...]
Standard and Poor’s degrades the note of several Spanish banks following sovereign downgrade
The risk measurement agency Standard & Poor’s downgraded the rating of several Spanish banks BBVA , Barclays , Caixabank, Santander, Banesto, Sabadell, Popular and BFA-Bankia, as a result of the lowering of note last week applied to the Spanish sovereign debt. In a statement, the U.S. agency indicates that the discount has been applied to [...]
Goldman Sachs earns 1.172 million in the third quarter and raises dividend
U.S. bank Goldman Sachs posted a net profit of 1,512 million dollars (1,172 million euros) in the third quarter, compared with a loss of 393 million dollars (305 million euros) registered in the same period of 2011, the bank on Wall Street, which has risen by 8.7% quarterly dividend to distribute to its shareholders. President [...]
Car sales in Europe will not recover until 2018
New car sales in Western Europe will not recover to the level reached before the crisis until 2018, according to a study of the financial rating agency Standard and Poor’s. The number of new car registrations less than 12 million units in 2012, up from about 15 million in 2007, according to estimates by SP. [...]
Coca-Cola earns a 3.9% increase in third quarter
The soft drink maker Coca-Cola scored in the third quarter of 2012 attributable net profit of 2,311 million dollars (1,771 million), up 3.9% from 2,224 million dollars (1,704 million euros) won in the same period last year, the company said in a statement. The company’s turnover reached U.S. between July and September 12 340 million [...]
