Goldman Sachs fears of new impairments at Citi, Merrill Lynch and JP Morgan

JP Morgan advice to sell bonds to Merrill Lynch

The American bank JP Morgan called its clients to sell bonds to the bank Merrill Lynch, whose exhibition on products at risk securitization could reach 15 billion dollars and require additional provisions.

Kuwait : 51 billion dollars investments over five years in energy power

Faced with a situation of an energy crisis, Kuwait launches major ways to meet its energy needs. The country plans to invest 51 billion dollars in the sector over the next five years to expand its oil production and increase its resources in other...

Record Earnings in 2007 for Goldman Sachs

The American investment bank publishes under its fourth quarter net income of 3.22 billion and 11.6 billion for the full year. A record for Goldman Sachs as its American counterparts grind black with the crisis in the subprime.

Goldman will open new $10 Billion Hedge Fund

Goldman has been raising money and preparing to launch its latest long-short fund for the past few months. This fund would focus on equities and help diversify the firm's fund offerings for clients.

Goldman Sachs - $4 billion worth of profits from subprime

The American bank, Goldman Sachs, has bet that bonds backed by mortgages would risk losing their value, according to the Wall Street Journal. Goldman Sachs is expected to announce Tuesday, Dec. 18, record net earnings of around $ 11 billion.

Lufthansa offers 19% share in the low cost airline JetBlue American

The German airline Lufthansa will take a share of 19% stake in the company JetBlue with a total value of 300 million dollars. Eighth American company, JetBlue is number two airline low-cost carriers in the United States after Southwest Airlines.

Euronet offer on MoneyGram

Euronet announces availability of 250 million in cash and net lending takes advantage of the weakness of Moneygram whose title had plunged by more than 50% since the beginning of the year.