Societe Generale's net profit rose almost 50% to 4 billion euros in 2015, compared to a year earlier

Societe Generale 2015 net profit up almost 50% to 4 bn euros

AFP News French bank Societe Generale on Thursday reported its net profit rose almost 50 percent to 4 billion euros in 2015, compared to a year earlier.

  • ST Aerospace unveils new VIP aircraft interiors centre

    ST Aerospace has launched its new VIP aircraft interiors centre at the Seletar Aerospace Park. This is the group’s second aircraft interiors facility, with the first located at San Antonio, Texas. All engineers and craftsmen of ST Aerospace’s new VIP aircraft interiors business have received skills training at San An …

  • US crude tumbled below $27 a barrel in Asia Thursday as the oversaturated market struggled to cope with high inventories in the United States and an increased output from OPEC. The decline came despite ...

  • The U.S. Olympic Committee will hire two infectious disease specialists to advise potential Olympians who are worried about the Zika outbreak in Brazil. USOC CEO Scott Blackmun sent a letter Wednesday ...

  • Excavators are usedon February 10, 2016 during the search and rescue operation at the Wei-Kuan complex, which collapsed in the 6.4-magnitude earthquake in the southern Taiwanese city of Tainan

    As rescuers continue the grim task of digging bodies from the rubble of an apartment complex that collapsed in a Taiwan earthquake, anger is growing over the shoddy construction of the building and the island's questionable safety record. "Each county had identified the most notable at-risk buildings in its area, but they …

  • The powerful agency that manages development on California's coastline fired its executive Wednesday after a lengthy and, at times, emotionally charged meeting that veered from accusations about the influence ...

  • Three SUV proceeds through the Narrows roadblock near Burns, Ore., as FBI agents have surrounded the remaining four occupiers at the Malheur National Wildlife Refuge, on Wednesday, Feb.10, 2016. The four are the last remnants of an armed group that seized the Malheur National Wildlife Refuge on Jan. 2 to oppose federal land-use policies.  (Thomas Boyd/The Oregonian via AP)

    BURNS, Ore. (AP) — The FBI surrounded the last four occupiers of a wildlife refuge in eastern Oregon as they yelled at law enforcement officers in armored vehicles to back off, prayed with supporters over an open phone line, and said later they would turn themselves in Thursday morning

  • An ambulance proceeds through the Narrows roadblock near Burns, Ore., as FBI agents have surrounded the remaining four occupiers at the Malheur National Wildlife Refuge, on Wednesday, Feb.10, 2016. The four are the last remnants of an armed group that seized the Malheur National Wildlife Refuge on Jan. 2 to oppose federal land-use policies.  (Thomas Boyd/The Oregonian via AP)

    The four armed activists who on Wednesday night were surrounded by the FBI at a wildlife refuge in eastern Oregon have remained on the site despite the arrests of group leader Ammon Bundy and others Jan. 26 on a remote road outside the refuge. Wednesday's tense standoff between the FBI and the four occupiers was being …

  • Societe Generale's net profit rose almost 50% to 4 billion euros in 2015, compared to a year earlier

    French bank Societe Generale on Thursday reported its net profit rose almost 50 percent to 4 billion euros in 2015, compared to a year earlier.

  • United Continental (UAL) declared its intentions to invest approximately $1.7 billion in its fleet in 2016, most of which could be used to replace a sizable portion of its existing fleet.

  • (Bloomberg) -- Rio Tinto Group, the world’s second-biggest mining company, reported full-year profit fell 51 percent after commodity prices plunged amid slowing growth in China. Underlying profit fell to $4.5 billion, from $9.3 billion a year earlier, London-based Rio said in a statement Thursday. That compares with a $4.6 …

  • Fantasy sports companies defend embattled industry

    Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016. The industry's top companies, DraftKings and FanDuel, are on the defensive after taking hits to their businesses ...

  • South Korean amy soldiers walk on Unification Bridge, which leads to the demilitarized zone, near the border village of Panmunjom in Paju, South Korea, Thursday, Feb. 11, 2016. South Korea said Wednesday that it will shut down a joint industrial park with North Korea in response to its recent rocket launch, accusing the North of using hard currency from the park to develop its nuclear and missile programs. (AP Photo/Ahn Young-joon)

    PAJU, South Korea (AP) — Under the gaze of armed soldiers, large white trucks streamed across the world's most armed border Thursday as South Korean workers on Thursday began shutting down a jointly run industrial park in North Korea. The South's suspension will end, at least temporarily, the Koreas' last major …

  • A vehicle leaving the Kaesong joint industrial zone passes through a checkpoint at the CIQ immigration centre near the Demilitarized Zone (DMZ) separating North an South Korea, in Paju on February 11, 2016

    The United States and its Asian allies tightened the economic screws on North Korea Thursday with the US Senate adopting fresh sanctions and South Korean firms abandoning a joint industrial park that helped fund Pyongyang's nuclear weapons programme. The unilateral moves, which also included Japanese sanctions, came with …

  • A vehicle leaving the Kaesong joint industrial zone passes through disinfectant spray before a checkpoint at the CIQ immigration centre near the Demilitarized Zone (DMZ) separating North an South Korea, in Paju on February 11, 2016

    A stressful mix of anger and anxiety was the dominant feeling among scores of South Korean businessmen crossing the border Thursday into North Korea to oversee the death of a decade-long investment. A day after Seoul announced it was shutting down the jointly run Kaesong industrial park, which lies 10 kilometres (six miles) …

  • The Latest on the leadership shakeup of the powerful California Coastal Commission (all times local): 9:30 p.m. The powerful agency that manages development on California's fabled coastline has voted to ...

 

Markets