BP has relaunched the sale of its assets in Alaska after the collapse of talks for a sale to the American Apache in July, the Financial Times reported Monday.
Citing banking sources, the newspaper reported that Apache, which is based in Houston, Texas, is still face potential buyer.Occidental Petrolem Corp., another U.S. group, could also show interest.
The Financial Times says it is not known yet whether the British staff intends to sell its entire 26% stake in the Prudhoe Bay oil field, which includes a right of exploitation of the deposit payday loans.
BP is also in talks to sell assets in Vietnam and Venezuela as part of its plan to sell $ 30 billion to finance the cost of oil spill in the Gulf of Mexico.
On Friday, the oil group said that the cost of the disaster reached eight billion dollars now.
Consumer spending in U.S. households rose 0.4% and revenues by 0.2% in July, show statistics released Monday by the Commerce Department.
Consumer spending and showing the strongest gain in four months, receiving a slight increase in revenue.
The figures for consumption and income showed an unchanged rate in the month of June
Economists and analysts polled by Reuters had forecast an average increase of 0.3% of consumer spending and incomes in July.
The savings rate was 5.9%.
After the publication of these figures, futures on the S & P 500 have cut their losses.
Santander is one step closer Monday toward its goal of becoming a bank offering a full service commercial bank in Germany with the acquisition for 555 million euros in the division for the subject of Swedish SEB.
Santander seeks to expand its presence in Europe, especially Germany and Great Britain, and the high growth markets such as Latin America.
"Germany is an important market for Santander.This acquisition is an important step towards achieving our goal of being a commercial bank offering a full service in Europe, "said its chairman Emilio Botin said in a statement.
The Spanish bank believes that its ratio of Tier One capital could fall by ten basis points due to the acquisition, the amount is close to 500 million previously reported by sources close to the situation.
According to head of operations in Latin America, Santander, Francisco Luzon, quoted by the Financial Times, Santander plans to strengthen Colombia and Peru, where its market shares are between 10 and 20%.
Around 9:15 GMT, Santander and SEB yielded respectively 0.69% and 0.76%, while the Stoxx index comprising the major European banking stocks lost 0.66%.
The NYSE has finished lower on Thursday, several economic indicators are below expectations come stoke fears of a slowdown in the recovery.
The market, however, finished above its lowest sitting through purchases on the cheap.
The Dow Jones yielded 0.42% to close at 9732.53 points.
The S & P 500 is broader, has lost 0.32% to 1027.37 points.
The Nasdaq Composite fell on his side from 0.37% to 2101.36 points.
EDF pledged Saturday to take a stake of at least 10% in the South Stream pipeline by the end of 2010 through a reduced participation of the Italian group Eni.
The public company has also signed an agreement for cooperation in the nuclear field with the Russian Rosatom public group.
These signatures are part of a series of agreements between Paris and Moscow at the World Economic Forum in St. Petersburg that France is the guest of honor.
By providing for the repurchase of at least 10% of South Stream, EDF strengthens its position in the natural gas market.
The pipeline must refuel countries of southern Europe and Central Europe via the Black Sea.
"The feasibility studies of the underwater section has begun, we can say we have never been so close to starting construction," said Gazprom CEO Alexei Miller said in a statement.
Russian Prime Minister Vladimir Putin said in April that EDF would take 20% of South Stream.
Asked if this could be the case, Alexei Miller, said: "Perhaps, perhaps.It will be at least 10%. "
This agreement allows EDF to 'take a major step in its strategy to secure its gas supplies, both to feed its own means of electricity production and marketing of natural gas deals with its customers "said CEO Henri Proglio in a statement.
The World Economic Forum in St. Petersburg was also an opportunity for EDF to enter into partnership with the Russian nuclear company Rosatom on "research and development, nuclear fuel and nuclear cooperation currently existing or under construction.
"The agreement also provides that the two groups cooperate through exchange of experience and training, including in particular visits to industrial sites in both countries," says EDF.
Rosatom is a direct competitor of the French nuclear group Areva.
In exchange for the bailout unprecedented 110 billion euros, Greece agrees to follow an intensive austerity. This plan aims to reduce the deficit from 13.7% to 3%, and this in two years … An ambitious, some would say impossible … Yet other countries such as Ireland, Sweden and Finland, have succeeded in the past to reduce their deficit.
Those who managed …
The report on public finances published by the IMF in November 2009 lists the fiscal adjustment efforts of two dozen countries over the past 30 years. Ten countries have improved their finances more than 10 points. In 1989, Ireland had such success in lowering the deficit to 20 points, knowing that it still took him 11 years to get there … Another example: in 2000, Sweden and Finland have managed to reduce their deficit of 13.3 points, and that in 7 years.The IMF report notes that more than 20 countries have been able to adjust more than 5 points, their public balance: Japan by 8.1 points, 7.9 points in Italy, Germany by 5.3 points. However, there is no state that in two years. The most "fast" are Israel in 1983 (11.1 points in 3 years) and Cyprus in 1994 (5.2 points in 3 years).
So why Greece did it not happen? After all, she has already, according to IMF data, managed to reduce its deficit from 12.1 points in six years to reach 4.8% in 1995. Admittedly, the statistics of the Greek period are unreliable. Nevertheless, other countries have indeed succeeded in completing their program of readjustment.