World Articles

The CAC 40 would he find his way? In any case, this suggests that his continued positive territory by mid-morning, up 0.64% to 3623 points after opening down 0.13% to 3595.66 points.

Elsewhere, the same trend. The London Stock Exchange, which opened down 0.37%, is now up 0.15%. The DAX index of the Frankfurt Stock Exchange, which had also started the session on a decline of 0.27% is now 0.39%. The Madrid Stock Exchange, where banks are under pressure as explained in the El Pais newspaper in its edition today, regaining ground with a fall of 0.16% against -0.54% in early trade.

The waiting game surrounding the publication of results of stress tests of European banks calls for caution investors. On the currency markets, the euro back a bit against the dollar, under $ 1.29.

Volatility will be the point common to all European trading sessions this Friday.

Asian markets have been chosen more strongly green this morning. Yesterday, U.S. markets have done a great meeting at which time the Dow has gained almost 2%, relatively insensitive to the announcement of a surprise increase in weekly unemployment registration.

Consumption of French decline

In terms of macroeconomic statistics, the session looks very calm. No major indicator is expected in the United States.

In France, the French household consumption of manufactured goods fell 1.4% in June after the previous month was supported by purchases of televisions before the World Cup, according to figures published by INSEE before the opening markets.Throughout the second quarter, it shows a decrease of 0.9% after falling 1.9% on the first three months of the year. Analysts on average expected a rise of 0.2% in June

INSEE also believes that the request to industry has increased significantly in the second quarter but is expected to decline in the third. The balance measures the views of industrialists on the past evolution of aggregate demand was 9 in the previous survey in April to 17 in July, and 4-14 for foreign demand.

In Germany, the business climate has improved significantly more than expected in recent weeks. The Ifo index rose to 106.2 against 101.2 in June (revised from 101.1 in estimating intials) last month. Economists and analysts had expected decline to 101.6.

TF1 jumped after its results

The stress test, however, occupy the banking sector.BNP Paribas (-0.60%), Societe Generale (-0.84%), Credit Agricole (-0.36%), Natixis (BPCE. -0.39%) or Dexia (-0.39%), remain cautious.

Moreover, the markets will again this session to analyze several quarterly publications:

TF1 (4.83% to 12.27 euros) announced before market advertising revenues up 11% in the first semester for a total turnover of 1.28 billion euros, above consensus. Net income group share was 74 million euros over the period. The objectives are significantly revised upward with a turnover in 2010 rose by 7% instead of 4%.

STMicroelectronics (-2.30% to 6.58 euros) reported Thursday a profit above expectations at 18 cents per share, with sales up 27% to $ 2.53 billion.Analysts on average expected a profit of 14 cents per share and a turnover of 2.513 billion dollars.

Pernod Ricard (-1.56% to 63.11 euros) a statement on Thursday its forecast annual operating profit thanks to the improved economic environment and its position in emerging markets. Its turnover in 2009-2010 emerged, up 2% on a comparable basis.

Ubisoft (0.65% to 7.02 euros) issued a turnover up 94% in the first quarter of 2010-2011 to 161 million euros and confirmed its objective of a sales draft 160 million for the remainder of the year.

BioAlliance Pharma (5.29% to 5.77 euros) announced a record turnover of 15.2 million euros in the second quarter against 1.5 million a year earlier, after recording in April in U.S. Loramyc, headlight treatment of fungal infections in patients with oral cancer or AIDS.

As for ads, Alstom (1.80% to 37.83 euros) said it had won contracts valued at about 450 million euros for the construction of two units for a combined cycle power plant in India.

Air Liquide (-0.40% to 86.43 euros) announced Friday the signing of a new contract with Russian steelmaker Severstal for investments worth 50 million euros in total.

Legrand (-0.61% to 25.06 euros) Thursday announced a takeover offer for Indo Asian Switchgear India, where he produced nearly 4% of its annual turnover after the acquisition.Indo Asian Switchgea aims for 2010 sales of more than 35 million euros.

Maurel et Prom (+0.24% to 9.42 euros) announced Thursday it had increased to approximately 70 million euros the amount of its issuance of convertible bonds to five years following the full exercise of the option overallotment.

There are some life insurance companies that offer a guarantee for the premiums only for certain number of years within the term.

The giant Google is launching in the search for flights online. The California company announced the acquisition of ITA, which specializes in software for information on air transport, for 700 million dollars.

Founded in 1996 and based in Boston, ITA has developed expertise "hailed as a catalyst for change in the travel industry online" the joint statement payday advance. "The technology opens up exciting possibilities for creating new ways for users to easily'll find more information on flights ilgne," said Google CEO Eric Schmidt.

A meeting of consolidation looms on the Paris Bourse. After Thursday's rebound, which helped win 40 auCAC 1.59%, investors should take advantage of this last day of the week to lift the foot. In any case, the path that has been selected by U.S. operators yesterday. The Dow Jones, which had won 2.25% Wednesday, finished the balance 0.06% Thursday. This morning, their counterparts in Asia have followed suit. Thus, the Japanese Nikkei remained in balance throughout the session while the rest of the financial centers of the region declined slightly.

The wait should also dominate this session before the release of highly anticipated monthly report on U.S. employment, which will be published early this afternoon. Yesterday, the markets have had a foretaste of what awaited the publication of a fall, slightly above expectations ds, the weekly number of new unemployed (453,000).The firm ADP, meanwhile, announced that the private sector was announced in May its fourth consecutive month of net job creation (55 000). Despite these figures, the head of the U.S. Federal Reserve (Fed), Ben Bernanke, said he still worried about the employment situation overseas. An hour after the publication of the report, the Fed chairman Atlanta, Dennis Lockhart will speak on the economic outlook and the banking environment.

Note that the second estimate of euro area GDP in the first quarter will be unveiled in the morning.

Thales observed by Christian Estrosi

In an interview with Les Echos published Thursday, Industry Minister Christian Estrosi, spoke in favor of a rapprochement between the players of the electronics and embedded software as those of Thales No teletrek payday advance.

The Strategic Investment Fund (ISF) is mounted in the capital of CGG Veritas up to a little over 170 million euros, or 6% of capital.

France Telecom said Thursday it had abandoned its proposed merger with its Swiss subsidiary Sunrise, a subsidiary of TDC, but did not specify its intentions for other building projects in the country.

Airbus, EADS subsidiary, has registered 73 net orders from January to May, but still lagging behind U.S. rival Boeing, which has registered 111, according to the trade balance of the two aircraft manufacturers.

BPCE, parent company of Natixis, formalized the merger Thursday holdings of shares of Banques Populaires and Caisses d'Epargne.

BNP Paribas, Fortis bought at the height of the financial crisis, announced Thursday an agreement in principle to merge its Turkish subsidiary with that of the Belgian bank.

National Australia Bank has found three candidates may be interested in acquiring a platform investment Axa Asia-Pacific by Australian newspaper on Friday.

Atos Origin has tabled an offer for the resumption of WorldPay, a subsidiary of Royal Bank of Scotland, according to sources familiar with the matter.

Jean-Louis Beffa, the chairman of Saint Gobain, has formalized his departure at the annual general meeting Thursday. His successor, Pierre-Andre de Chalendar confirmed its objective of a rebound results in 2010 and said to expect solid growth in operating income in the first half, compared to the same period last year.

In trials with Irish rival Ryanair, and having given up to launch its low cost, Transavia, Air France-KLM posted in March up 4.7% of its passenger load factor to 80, 5% (+5 points), according to a statement released Thursday. The total number of passengers carried in March amounted to 5.9 million people. This is the first increase since December 2008. In February, the traffic had emerged down 0.6%. By comparison, Ryanair carried 5.3 million passengers in March, an increase of 13%. Its load factor was 79% (+2 points).

"The continuing recovery of passenger and cargo operations has been significant in the month of March both in terms of traffic and unit revenue.Even if they were significantly higher than last year, they remain below levels reached in March 2008, "the statement said.

The largest increase (+7.2%) is recorded on the Asia network for a load factor of 88.5% (+5.8 points) against 2.2% for the Americas and Europe, whose respective load factors amounted to 85.1% (+4.4 points) and 67.2% (+4.4 points).

At the Paris Bourse, the stock has lost 1% to 11.87 euros in a market that has yielded 1.20%.

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Response. In San Francisco the night of Wednesday to Thursday, Sony has provided details on its controller wireless control for its home console PlayStation 3 (PS3), at a conference for designers of video games. Using this kind of remote topped by a white sphere that changes color depending on the phases of the game, the Tokyo group hopes to outdo the Wii from Nintendo. It is possible to reproduce on-screen hand movements and body of the player. "Our controller PlayStation Move Motion Controller, with a camera placed above the screen and game will be sold at least $ 100 in the fall," says one Sony in France, without specifying the European price.

New public

With its controller "Wii Remote" Satoru Iwata, CEO of Nintendo, has attracted a new audience of young women and people reluctant to play.The controller of the Wii helped make it easy to use video games. A little more than three years after its launch, the figures speak for themselves: the console, Nintendo has sold nearly 70 million units worldwide, as many as the combined sales of PlayStation 3 added to those of Xbox 360 Microsoft.

For nearly a year, Sony and Microsoft are developing projects to retort to the Wii, the graphics less advanced.

From June 2, 2009, Sony announced its response. "Our power controller is more precise than all other existing systems, which is essential for games in high definition. For the master controller has an accelerometer and a gyroscope. Depth is also determined with precision, with the camera placed above the screen, then told the Figaro, Kaz Hirai, head of the gaming division of Sony.At that time, the firm Nippon would propose his joystick in the spring. It took a little longer, especially to incorporate the side of the camera (which recalls his playing "Eye Toy" for PS2) a sound recording instant payday loans . "Experiments in Augmented Reality" are thus promised to the players for PS3. Thirty-six studios and game publishers, including Activision, Disney, Sega, THQ, Ubisoft and Warner, will offer programs for this controller. The studios Sony, meanwhile, will launch 20 games by 31 March 2011.

The offensive of Sony, with the supplement to "augmented reality", is decisive in the fight which is tied with Microsoft. For the holiday season to season, which begins in November in the U.S., the Xbox 360 is expected to enrich the "project Natal.Microsoft wants to happen and joystick control games and propose a system composed of an infrared camera and a system of speech recognition. "The joystick is you," stated Don Mattrick, head of the gaming division of Microsoft, with last year's project to mark the spirits. In June, in Los Angeles in the next world fair of video games, the software giant must provide details on price, launch date and games for the Natal project.

Revenge of the 3D

However, Sony will release a new card to boost sales of PS3: 3D. Indeed, its console will be enriched in the second half, two programs for relief – which may be retrieved on the Internet for holders of current consoles."Thanks to the reader on Blu-ray built into the PS3, the console will offer games in relief, then a second software enables you to watch movies in 3D," said a spokesman for Sony in France. It is an advantage, including the Xbox 360. Because Microsoft has bet on HD-DVD finally abandoned, for its home console that incorporates a simple DVD player. The PS3 might as well take his revenge and become, according to Strategy Analytics, in the end, the next-generation console's best selling world.

The Internet of tomorrow is on track. Cisco Systems on Tuesday launched a new twelve times more powerful than its competitors. Its name: the CRS-3.

The U.S. telecom equipment shows its capacity of 332 billion bits per second, indicating that it is possible to download the entire Library of Congress in a second. Or for a billion people watch a video simultaneously. This service delivers "the foundations of the new generation Internet," says John Chambers, Cisco's boss.

The operator AT & T has tested "successfully" the device in the context of testing a "backbone" – the core telecommunications network to interconnect networks smaller – a 100 gigabits between New Orleans and Miami bad credit personal loan lenders . A world premiere.

This announcement comes almost a month after the internet giant Google has announced its intention to become a pioneer of Internet access at very high speed installation in the coming months networks hundred times faster than ISPs exist in the United States.

Around 18:30, the Cisco Systems shares lose more than 0.15%, to 26.1 dollars, after having degraded to about 1% just before the announcement. "Investors had anticipated this announcement at least one day before," said one analyst.

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Despite the decline in its earnings had fallen to historically low rates (1.25%) since July, the Livret A French still attracted. According to the Fund Deposit banker of the state 16.57 billion euros have been deposited in Savings Books in 2009. It's much more than in 2008, or only 10.6 billion had been placed on this savings product.

The total stock of savings on the book A late December amounted to 184.91 billion euros, including interest.

Loss of monopoly

The importance of the collection is mainly explained by the opening of the monopoly of the distribution of the savings product on 1 January 2009. At the request of Brussels, the Postal Bank, the Savings and Credit Mutuel have lost exclusivity. The rate of pay, while 4%, has attracted the French who have rushed this product to secure savings.18.31 billion euros have been placed in single month of January 2009. During the year no less than 8.5 million booklets that were open in new vending banks, including 4 million just for the Credit Agricole.

Despite an end of year quieter, due in part to the closure of illegal Booklets some investors who already have a book in another bank, the French remained rather faithful business cards design . The crisis has indeed calmed the most daring in making them less attractive investments risky.

Life insurance in ambush

Life insurance, however, has a responsibility in the defections. From February 2009, compensation contracts in euros to 4% has few rivals when the Livret A is average at 2.5% and then gradually to 1.25%.In late November, net inflows (payments on contracts less benefits paid to policyholders) in life insurance and was up 65% over the first eleven months of last year.

The erosion could continue in 2010, Economy Minister Christine Lagarde has so far ruled out a recovery rate of the Livret A. Some economists like Cyril Blesson Seeds of Finance, however, believe that it may rise to 1.5% in the month of May.

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The Clio, first name, was produced in five plants in Europe. Twelve years later, only three European sites produce Clio III. What will happen to the next generation?

The unions and the French Government have no desire to see Renault again reduce the number of factories dedicated to producing a successful model of the brand. Especially since it would probably at the expense of France. Carlos Ghosn, the president of Renault, has already explained that the cost of a Clio made in France was higher than 1 400 euro to that of a Turkish Clio. The launch of the Clio IV could be the opportunity to transfer production to sites of low-cost labor.

Thus the French factories focused somewhat more on vehicles with high added value.Positive point of this distribution: it guarantees, at least initially, the future of research and development. The "low end" is reserved for countries with lower wages. But the trade-offs of such an organization are numerous and feed the concerns of employees of the French group. Firstly, the Renault plants remain highly specialized and model-dependent for their success.

The critical size

the cost of a Clio made in France was higher than 1 400 euro to that of a Turkish Clio. (DR)

New blow for Laurence Parisot. Three weeks after the dramatic departure of the federation food (Ania), one of two Deputy Managing Directors of the MEDEF, Jean-Charles Simon, slams the door. The surprise decision, reached Tuesday and disclosed by Le Figaro, fell very ill for the president of MEDEF, which run for another term in June-July. In eighteen months, the employers' organization has lost three Directors General after the dismissal of Jacques Creyssel, the former right hand of Ernest-Antoine Seilliere, Pierre-Henri Ricaud had held only three months.

This new episode revives criticism about management of the sponsoring employers. Jean-Charles Simon shared the position of No. 2 with Helen Molinari, a near Laurence Parisot. Relations between them have continued to deteriorate. In point of exploding during a meeting.According to several employees, Jean-Charles Simon had taken part in Helen Molinari, he regularly accused of "walking on their beds." "A scene of incredible violence", according to a witness who said he was "disgusted". For the MEDEF, Jean-Charles Simon has conducted Tuesday "while only one end of a dramatic incident."

"I did not publicly insulted Helen Molinari, contests Jean-Charles Simon. "He just said that the remarks of Helen Molinari were false, and he left," said one director.As for the release of the MEDEF which emphasizes "support to internal teams whose competence is recognized and which have been proven by these unusual methods, the starter found that" this appalling response augurs poorly for the ability to listen, change and professional management. "Atmosphere …

"No authority over his troops'

According to him, Jean-Charles Simon Laurence Parisot had warned in November that he wanted to leave the MEDEF. "The conditions for exercising my mission were not met," says he, citing failures "in decision-making and organizational roles in her duet with Helen Molinari. "This duality organized could not function, and Tuesday's meeting has shown that Laurence Parisot had no intention of changing anything.I have drawn the conclusions by resigning. "

These eddies successive revive the rumors about the possible candidacy of rivals meet Laurence Parisot, beginning next summer. They are also beginning to worry the Executive's approach to appointments on pensions – the issue that President Ania, Jean-Ren? Buisson, was precisely the charge on behalf of the MEDEF, until his departure. "All this shows that Parisot has no authority over his troops observed a government source. Our main contact employers is low, it's not good to address pension reform. "

In this context, the cancellation of the general assembly next month, announced Wednesday by Les Echos, almost unnoticed. This appointment is not required by the statutes of the MEDEF, Laurence Parisot, but was accustomed to rise early each year a great "show" for debate, discussion and advocacy.His removal was due to "simple economic reasons," says the MEDEF, which has granted a reduction of contribution to its members.

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