France's Hollande speeds launch of state investment bank

-





France's Hollande speeds launch of state investment bank



French President Francois Hollande delivers a speech during a ceremony marking the 66th anniversary of the Liberation of ParisCHALONS-EN-CHAMPAGNE, France (Reuters) - France will launch a public investment bank within days to help cash-strapped companies obtain financing, President Francois Hollande said on Friday, bringing forward the date as his government speeds up efforts to fight a downturn. The bank, originally due to be launched in January of next year, is designed to support small- and medium-sized firms which are struggling to obtain financing from private lenders amid tight credit conditions. "A public investment bank will be created in the coming days," Hollande told journalists in north-eastern France. ...









Popular posts from this blog

Saudi Arabia adopts measures to limit virus infection during Haj

-
Image
Saudi Arabia adopts measures to limit virus infection during Haj JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia has taken precautions to prevent disease spreading among Muslim pilgrims next month after a Qatari man was infected with a virus related to the deadly SARS, a health ministry official said on Wednesday. The World Health Organisation put out a global alert on Sunday saying a new, previously unknown, virus had infected a 49-year-old Qatari man who had recently travelled to Saudi Arabia, where another man with an almost identical virus had already died. ... more info... Barnes & Noble takes aim at Amazon, Apple with HD Nook tablets NEW YORK (Reuters) - Barnes & Noble Inc took a shot at archrival Amazon.com on Wednesday, unveiling its own lighter and thinner hi-definition tablets that can accommodate multiple users in a bid to win a bigger share of the exploding tablet market. The largest U.S. bookstore chain introduced the new ...
Read more

Iran unveils long-range drone: state TV

-
Image
Iran unveils long-range drone: state TV DUBAI (Reuters) - Iran's Revolutionary Guards unveiled a home-built long-range drone capable of reaching most of the Middle East, including the Islamic state's arch-foe Israel, state television reported on Tuesday. The reconnaissance drone named Shahed 129 has a range of 2,000 km (1,240 miles) and is capable of carrying bombs and missiles, state television said. It gave no further details. Israel has threatened action against Iran's nuclear sites, raising speculation about a possible military strike ahead of the U.S. presidential election in November. Israel has criticized U.S. ... more info... Texans take over top spot in AP's power rankings The Houston Texans are the fourth team in as many weeks to sit at the top of the AP Pro32 power rankings. more info... Weitzman fundraising pits taps Young Hollywood When you are a hot young starlet in Hollywood, you o...
Read more

Police tap teen in theft of chef's Lamborghini

-
Image
Police tap teen in theft of chef's Lamborghini A celebrity chef's Lamborghini sports car has been recovered from a teenager's storage container a little more than a year after it was reported stolen from a San Francisco exotic car dealership. more info... Occupy movement's May Day turnout seen as test for its future NEW YORK (Reuters) - Occupy Wall Street vows a day of demonstrations in New York and across the United States on Tuesday, in a crucial test of its staying power some eight months after emerging as a movement against corporate greed and economic inequality. The "99 Percent" populist movement, which began as a 24-hour encampment in lower Manhattan last fall and spread to cities across the country, will join organized labor for a day of May 1 protests, in what it has called a "day without the 99 percent. ... more info...
Read more