China: slight contraction in manufacturing activity

Manufacturing activity in China fell slightly in February, according to a provisional index released Wednesday by the bank HSBC, which believes that the risks to growth in the second world economy have strengthened. The PMI purchasing managers settled temporarily at 49.7, against 48.8 in January. It is the smallest contraction in industrial activity in China in… Continue reading China: slight contraction in manufacturing activity

Obama unveiled a budget with a tax increase for the rich

U.S. President Barack Obama Monday unveiled a 2013 budget with a strong electoral combining tax increases for the rich and infrastructure investments, nine months before seeking a new four-year lease at the White House. In line with his speech on the state of the Union Jan. 24, when the president wished the Congress face an economy… Continue reading Obama unveiled a budget with a tax increase for the rich

Veteran RIM, a mission impossible?

It’s the end of an era. The two bosses of Research in Motion, Mike Lazaridis and Jim Balsillie, withdrew from the management on a daily basis. This is what many shareholders were demanding, disappointed by the performance of RIM, which has become increasingly difficult to compete with Apple and manufacturers of smart phones based on Android… Continue reading Veteran RIM, a mission impossible?

Stadacona: no longer speak to trade unionists, but capitalists

Talks resume between White Birch and the unionized plant Stadacona in the hopes of coming to an agreement that would keep the unity of Quebec skinning less employees and retirees. Difficulty: the solution does not seem able to pass by an additional reinvestment. This story is not without flinching. Workers who have accumulated a lifelong… Continue reading Stadacona: no longer speak to trade unionists, but capitalists

What is said about the rumors at RIM?

Rumors continue to circulate for sale and the title of Research in Motion (RIM) gained 5% in Toronto Tuesday and 8% on the Nasdaq.RIM is particularly associated with Samsung, Microsoft and Facebook.Comments from four research reports Wednesday:Peter Misek, Jefferies: “I believe that the articles suggest that RIM talks with Samsung are probably true. However, although… Continue reading What is said about the rumors at RIM?

Debt: sign of relief in Italy after a bond test

Italy, again under pressure from the markets these days, managed to refinance a portion of Wednesday’s massive debt at rates much lower than before, good news for the government Monti, who after an austerity wants boost growth.The Italian Treasury has set for 9 billion euros of debt securities over six months at a rate of… Continue reading Debt: sign of relief in Italy after a bond test