The operator of Japan's Fukushima Daiichi nuclear plant said Monday it expects to post an $8.95 billion net annual shortfall due to costs and compensation payments related to last year’s crisis. Tokyo has promised the firm a similar amount in aid.
Iranian lawmakers vowed Tuesday to ban crude oil exports to European nations, a day after US officials announced new sanctions aimed at disrupting financial transactions by Iran's central bank and other institutions.
British Prime Minister David Cameron might be at odds with Nicolas Sarkozy over the French president’s proposed "Tobin tax" on financial transactions. But it seems some in the French trading community agree with him.
British Prime Minister David Cameron warned Monday that France's banks will flee to Britain if French President Nicolas Sarkozy goes ahead with plans to levy a 0.1% tax on financial transactions. Cameron called the French tax proposal "mad".
Markus Karlsson meets with the Swedish Finance Minister, Anders Borg, at the World Economic Forum in Davos, Switzerland. Anders Borg was ranked the best EU-finance minister in 2011 by the Financial Times.
Even if it was off the record, you know it’s not going well for the incumbent when he starts contemplating life after the presidency. François Picard’s panel looks at why Nicolas Sarkozy finds himself 20 percentage points down in the polls.
Yahoo! co-founder Jerry Yang resigned on Tuesday as the company struggles to regain its once-dominant position. Many view Yang's departure as a potential boon for future investment deals, including with China's Alibaba.
Some of the French papers are trying to see the bright side after France's downgrade by S&P - but there's still plenty of bad news, with crime and unemployment figures out today. There are champagne corks popping too though - for "The Artist" at the Golden Globes.
The downgrade of nine European nations may be a call to action, but François Picard’s panel is at odds over the intentions of "Anglo-Saxon rating agencies" and over whether Europeans can actually initiate bold reform with a French presidential election campaign underway.
The downgrade of nine European nations may be a call to action, but François Picard’s panel is at odds over the intentions of "Anglo-Saxon rating agencies" and over whether Europeans can actually initiate bold reform with a French presidential election campaign underway.
