China Financial Daily

January 26, 2009

France last year hit a record high in start-ups

Filed under: Financial News — Tags: , — Nancy @ 11:46 am -0800

France last year hit a record high in number of start-ups
Xinhua in Paris on January 26th, according to French daily “Le Figaro” newspaper report on 26th, France last year, in the number of start-ups reached a record of 325,700, representing 1.3 percent of increase than in 2007. The report quoted the French secretary of state in charge of small and medium-sized Herve as saying, in view of the French economy at the end of last year, a noticeable decline, the figure was not easy to get. It is learned that the service sector business was strong, especially for the “silver” family business to provide new services to increase.

BNP Paribas SA expects Q4 loss of 1.4 billion euros
Hexun hearing the news, according to Bloomberg News, it was reported that French biggest bank – BNP Paribas (BNP Paribas SA) on 26th, said that the bank in the fourth quarter of 2008 lost of 1.4 billion euros (about 1.8 billion U.S. dollars) mainly dragged down by companies and investment banking sector. BNP Paribas will hold a special shareholders meeting, vote on the proposal that the Bank on the line of the support progranm issuing non-voting preferred shares of 5.1 billion euros of the French government. At the same time, the Bank will repay in December subordinated debt issued in 2008, as participation in the first round of the French banking system to support the plan.

Share/Bookmark

January 25, 2009

Japan and France goverments will provide financial assistance

Filed under: Financial News — Tags: , — Nancy @ 6:10 am -0800

Japan Government intends to provide government financial assistance for non-financial enterprises
Xinhua in Tokyo, on January 25th Xinhua Japanese media reported that on the 24th, in order to help Japan non-financial enterprises smoothly tide over their financial crisis, the Japanese government planed to industrial enterprises outside the banking system to provide government funding support. “Nikkei Business” Journal and Japan’s Kyodo news agency reported that on the same day, the Japanese government is developing a new rescue plan, which new aid plan will be the first to take into account non-financial institutions.

France to spend 600 million euros to rescue with 18-year-old youth read newspaper for a year free of charge
On January 25th French President Nicolas Sarkozy a few days ago to a number of newspapers and magazines publishers delivered a speech, referring to drop in the number of newspaper advertising revenue and subscriptions, and global financial tsunami to further deepen the plight of the print media. He considered it necessary to implement a number of measures to assist the operating difficulties of the print media, so announced the introduction of a 3-year program of 600 million euros to save newspapers and magazines.

Share/Bookmark

January 24, 2009

High scientific and technological Japan and vehicle production

Filed under: Financial News — Tags: , — Nancy @ 10:05 am -0800

Japan in first quarter of this year year-on-year vehicle production is expected to be reduced by about 40%
Xinhua in Tokyo, on January 24th (Xinhua Liu Yuan), according to “Japanese Economic News”, it was reported on the 24th, Japan Toyota had 8-biggest car makers in the first quarter of this year, with domestic production estimated to be around 1.7 million, which compared with the same period last year reduced by about 40 percent. Report said that since November last year, after Japan 8 largest car manufacturers in the global sales declined, they had been taking a substantial cut inventory digestion means to deal with.

Japan unveiled a Security Robot
(January) 22nd, this model of T-34 robot security in Tokyo officially met with the public. His main task was to assist in night-time security guards in public places and offices for security work. As the first with the ability to attack the security robot, T-34 with head is not high, appearance is not surprising. Do not look down on him, his body is set of high scientific and technological content of the installation of security systems: detection devices and embedded camera. And is equipped with four wheels, with the maximum speed of 10 kilometers per hour.

Share/Bookmark

Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress