Insurance

China and Russia to Save Volkswagen

BERLIN  - The German auto manufacturer Volkswagen said deliveries in the group reported high records in the first quarter. They also reported a high demand in North America, China and Russia , and offset declining sales in Western Europe. Sales of brands such as luxury car division Audi and the Czech manufacturer, Skoda, mass markets rose...

Societe Generale saw its profits fall by 39% in 2011

Societe Generale announced a 2011 net profit of 2.38 billion euros, down 39% compared to 2010, mainly due to losses recorded in bank financing and investment. The bank remains cautious for 2012. She expects a very volatile environment. Societe Generale said Thursday net income in 2011 of 2.38 billion euros, down 39% compared to 2010....