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This Monday is the new fall. Employees of the Total refinery in Dunkirk will know their fate at the end of the meeting of the Central Works Council (CEC) this morning. Around the table, unions and management must discuss the "evolution of the situation sites in France refining" and "information / consultation on the proposed changes to the establishment of Flanders. The meeting, originally scheduled for February 1 was the first time extended to 29 March and, given the controversy and pressure from the government, advanced to March 8.

The proposed closure of the Dunkirk refinery is the source of the national strike in late February that poses the threat of a shortage of fuel. The refinery has 370 direct employees and 400 to 450 employees subcontractors.

Total pledged to each employee in the establishment of Flanders' work at Total matching skills.Another promise: "no closure or sale" of French refineries will happen within five years.

"We are under no illusions about the future of the cracker, which produces gasoline, but we want to keep refining crude oil is still profitable," said Philippe Wullens Delegate South Majority on the site. "If we make the observation that the commitments made by Total and the government during the movement are not met, then restart the strike, the CGT threat.

Substitution project

Before the start of the meeting, Total has confirmed its participation in the construction of an LNG terminal by EDF in the port of Dunkirk. The agreement provides for "an equity Total capital 'of society, Dunkerque LNG, a subsidiary of EDF responsible for the construction of this terminal will terminal.Ce regasification capacity of between 10 and 13 billion cubic meters per year.The decision regarding its actual construction will be taken before the summer and could be put into service in 2014. It remains "conditioned on obtaining all regulatory approvals and the completion of commercial procedures and tenders for construction."

This project would mobilize up to 1,200 people during construction "and could generate" at least fifty direct jobs, which should add about 150 jobs indirectly "in the operating phase out the two groups. The Industry Minister Christian Estrosi had rightly warned that the Dunkirk refinery would reopen if there was "no real alternative project" to maintaining employment.

But this news should not necessarily good news for employees. The CGT and Sud believe that this project is too distant and "inadequate" to compensate for job losses.Today at 12 hours, the employees of Dunkirk a protest in front of the seats in Total Defense.

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Atmosphere tense in this weekend at the Porte de Versailles in Paris. While Friday is usually translated by a certain relaxation in the aisles of the Salon of Agriculture after the parade policies during the week this year, the reverse occurs. The farming community was mobilized for the coming of the President of the Republic. Unable to come Saturday for the opening, a gesture understood by many farmers, Nicolas Sarkozy came close this morning 47th. All responsible booths are still there to be present during the presidential transition. It should arrive Saturday around 9 hours for a quick round half past one in the aisles of Hall 1, the animals, and those of Hall 2. That housing actors in crop production.He must then lead a roundtable with all unions representing farm: FNSEA in mind, the Coordination Rurale and the Confederation Paysanne (Conf '). On this occasion the Head of State who will not come empty handed must disclose his actions to inflate morale. This is the lowest after declining average farm income of one third in 2009, following a decrease of 20% a year ago. "The head of state is expected to announce additional measures in terms of emergency support to agriculture last fall, the Figaro says a union official. This could result in an extension of almost 500 million euros for loans subsidized about 1.5 billion euros and also relaxation of agri-environmental measures, "he says. A meeting should end around noon. One thing seems certain already.The atmosphere should not be that of the previous day, when Jacques Chirac, still as passionate about agriculture, was cheered by the audience after a visit of 3 hours.

As for attendance – for the common man the show remains open as usual until Sunday evening – Organizers are hoping now over 20 000 visitors less. "But this should remain a good year this year we will exceed the 600,000 visitors mark, says Juana Moreno, Director General of the International Exhibition of Agriculture. But we will only probably not the 670,000 visitors last year at the current rate of admissions. " Three major explanations for this. The storm last Sunday slowed the enthusiasm of the visitors that they are provincial or Parisian.Moreover, events like the milk of the Apli (Association of Milk Producers independent) or Conf 'have also dampened the enthusiasm of visitors. Finally the prospect of a presidential visit in a tense atmosphere does not help for parents with small children. Still, the pride of exhibitors is still there and read on their faces passionate.

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While the Tokyo Stock Exchange is closed on Wednesday because the National Foundation Day, most Asian stock markets continued in the green Wednesday: Hong Kong gained 1.36% at 20,192 points, Taiwan rose 1.10% in 7441 points, Seoul ahead of 1.93% to 3385 points, India climbed 1.25% to 16,120 points and finally Singapore up 0.58% at 2,750 points.

Crude prices were up Thursday in electronic trading in Asia enjoying a decline in the dollar market awaits the release of weekly oil stocks in the United States, dealers said payday advances . No exceptions will be made for any area countries, "he said.

While Portugal and Spain in turn disturb markets, Jean-Claude Trichet reiterated that it was "crucial" that all countries "respect strictly the exit procedures for excessive deficits."

"According to the International Monetary Fund, the overall deficit of the euro area will rise to 6%", said Jean-Claude Trichet. "The United States will be at 10%, Japan is also at 10%.(…) A more flattering comparison for the euro area! Nevertheless, we show a complete lack of convenience in the direction of monetary policy, "he said. For 6% deficit, he said, a level still remains "unacceptable" and represents a burden.

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A little over two months after buying the banking group Xiring, Gemalto, a French company listed in the Netherlands, on Wednesday announced a new acquisition, the global leader in strong authentication on mobile.

The Finnish Valimo Wireless was the first to generate an electronic signature legal, available anytime and anywhere on a laptop."Valimo enables mobile phone users to securely authenticate, digitally sign documents and confirm transactions with a legal value by using a simple sentence that they themselves have chosen, or that of a PIN, "the company said in a statement.

Thus, Gemalto will provide the solution Valimo Mobile ID which allows secure access, such as its online banking, mobile payments, government services, mobile commerce and electronic, or the management of identities and rights of access to enterprise applications.

Olivier Piou, the CEO of Gemalto believes it is time to position itself on the mobile electronic signature, "considered next few years, and has now reached a stage of maturity significant" cash flexcheck advance . Its gross margin in 2009 amounted to 30.9%, against 36.2% in 2008.

Expected decline in sales in first quarter 2010

In 2010, Carlo Bozotti, group general manager, said he was "excited about the many opportunities that await us."According to him, STMicroelectronics began the year with "a solid backlog. He said provision "in the first quarter 2010 a decrease in our revenues between about -7% and -13% compared to fourth quarter 2009, which corresponds to a positive growth of between 35% and 45% relative in the first quarter of 2009. "

As for gross margin of STMicroelectronics, emerged at 37% in the fourth quarter of 2009, as planned, it could grow to 37.5% in first quarter 2010.

In the eyes of analysts, these projections appeared less confident than those revealed yesterday by the U.S. Texas Instruments. Trade-offs could be made this Wednesday, to the detriment of Title STMicroelectronics.

Pharmaceuticals and vaccines have boosted the results of Swiss laboratory in 2009. Its sales totaled $ 44.3 billion, up 7% and net profit to 8.4 billion dollars. The best performances were recorded by early vaccines and diagnostics division whose sales leapt by 38% and earnings is multiplied by almost four. Novartis last year delivered more than half of 100 million doses of vaccines against influenza A. He withdrew a turnover of one billion dollars and should garner a few hundred million euros in 2010 with these products, despite the cancellations of orders scheduled by some governments, notably France.

The laboratory also benefits performance pharmaceuticals division.Its main business with a turnover of 28.5 billion dollars, "a portfolio of developing strong products," said Daniel Vasella, CEO of Novartis. Novartis has received more than 30 permits for placing on the market in 2009 and its new drugs accounted for 18% of sales in the pharmaceuticals industry in the fourth quarter, twice that in 2008 over the same period.

In 2010, Novartis will finalize the group's integration of Ophthalmology and Alcon "keep its momentum, provides Daniel Vasella. Novartis CEO for fourteen years takes off in the direction of the Basel group.He became president in charge of strategy and gives operational direction to Joe Jimenez, a 50-year-old American joined Novartis in 2007 after a long career in the consumer market.

Vaccine orders: discussions continue

Novartis continues its negotiations with France, which wants to set aside 7 million doses of the 16 million doses of vaccine ordered from the Swiss laboratory. The discussions are difficult. "Novartis believes that vaccines already made must be delivered," said Andrin Oswald, head of vaccines and diagnostics division. This represents almost two thirds of cancellations desired by France. The balance of the assignment not met, it "must be replaced by a provision" would like the Swiss laboratory. Compensation could take, for example, as a control vaccine for the upcoming campaign against seasonal influenza …

Last week was difficult for the Paris Bourse and the new looks so painful. On Monday, around 7:20 am, the CAC 40 was expected to decline, future lost 1.09% to 3.8021 marks. The Paris markets should follow the negative signals sent from the Asian Awards. In the region, all the seats are finished in red, lead by tech sector lagging behind. Friday on Wall Street, the U.S. indices had closed down over 2%, dragged down by shares Google (-5.66%) and ADM (-12.12%).

In Paris, the stock market had experienced a tough session Friday, the bank stocks react badly to Barack Obama about the future restrictions will be imposed on the sector in the United States.Societe Generale lost 5.2%, retreating Credit Agricole (-2.51%) as well as BNP Paribas (-1.89%), Axa (-2.5%) and Dexia (-0.73%).

This morning, the GfK said that rising unemployment and painstaking recovery of the economy continue to weigh on the morale of German households. The barometer of consumption and was folded to 3.2 points in February, against 3.4 points the previous month. "In terms of consumption, 2010 promises to be more difficult than 2009," the institute said.

On Monday, other statistics should not be expected to tack markets. INSEE 12 hours to publish its quarterly survey of conditions in housing construction and building trades for January. Across the Atlantic, the Americans will unveil the new home sales for December to 16 hours easy payday loans .

EDF and Veolia will react to new policies

After intervention by Christine Lagarde, who believes that the dual function of Henri Proglio as President of EDF and the Board of Directors of Veolia could not last "forever", the series Policy should react to investors in securities EDF and Veolia Environment. Regarding the latter, information on the atmosphere that weighs the Management Board to have been unveiled by the Parisien this weekend.The services of the fraud control have also searched the premises of a subsidiary group of utilities in December 2009 as part of an investigation into possible price fixing, according to Capital.

April NextRadio TV Group and must publish their annual results after market close.

Sodexo must hold its general meeting at 16:30.

The values of the banking sector, Societe Generale, Credit Agricole, BNP Paribas and Dexia will also be monitored after their heavy falls on Friday.

The businessman Stephane Courbit, combined with the advertising group Publicis, consider buying a 70% shareholding in France Television Advertising by the Tribune. Its proposed takeover could even be validated in the coming days, "understands the daily.

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"A real sense of justice," responded Thursday night Frederic Peltier lawyer EADS, reading the verdict acquitting the defendant in the general case EADS. "The victory of truth and right," said Olivier Gutka and Jean-Alain Michel, counsel for Noel Forgeard.

The Sanctions Committee of the Financial Markets Authority (AMF) has cleared in a 25-page document, the 17 leaders suspected of "breach insider" for selling stock options in March 2006 before the official announcement the delay of the Airbus A380 in June 2006. The private shareholders, Lagard?re and Daimler, are also exonerated. As for EADS, "the company did not breach its duty of information," insisted Fr?d?ric Peltier.

The most important case of alleged "failure" of insiders, known by the codename "0818 case" did "Pschitt" after three years of investigation.The Sanctions Committee found that none of the suspects had had access to inside information. Therefore, all the accusations fall.

"I'm very happy," said Noel Forgeard to his lawyers. Former EADS co-chair the Executive is considered as the only scapegoat. "He became the archetype of the offender financially. His name was offered as a sacrifice to public opinion, "responds a close. EADS has "welcomed" the decision of the AMF. For Louis Welsh, president of the European giant, the stakes were high. He arrived at the head of the group in July 2006 because of this case. He threw his whole weight into the EADS defense and accused persons.He was sent March 19, 2008 a note to the MFA in which he denounced an investigation "unilateral" approach and "surprising."

Last November, he again stepped into the breach. "I know each of the protagonists in this case. They are dishonest and not speculators. Imagine how they would have speculated about their own failure, "he said. Alain Flourens, an engineer passionate about his job, "will be able to think only of its aircraft.

Lawyers draw several lessons from this case. "This decision honors the Sanctions Committee. It demonstrates that it is an independent and impartial, "stated Olivier Gutka and Jean-Alain Michel. "This case proves that the contradiction must be implemented as soon as possible, ie before the notification of objections, that the investigation is not only dependent," says Frederic Peltier.In the future, defense lawyers want to present their arguments at the outset of the investigation "to avoid the truth of facts is truncated as was the case here."

The advocates were disappointed that AMF investigators have not heard from consultants McKinsey. They had been charged with a mission from December 2005 to June 2006 by Airbus to resolve the problems of industrialization of the A380. In their June report, they proposed solutions. They were confident

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Around 13:30, the CAC 40 rose 0.65% to 3854 points. The Paris market evolves in the wake of Wall Street on Tuesday evening to up again. While the results Saioni nearing its end, Investors will pay attention to economic indicators. On the macroeconomic front, the United States will issue 14.30 for the month of October, the inflation figures, building permits, housing starts in October, and 16:30, the weekly oil inventories. James Bullard, president of the Fed of St. Louis, will hold a speech on the economy and monetary policy to 15.15.

In the Direct Matin newspaper, Michel Rocard said that financing for large loan of 35 billion euros will be made exclusively "to market" and not from individuals. "A good decision" for the Economy Minister Christine Lagarde.

Values follow

AXA is the largest increase of ACC, with a gain of 3.58%. The title wins nearly 6% since the beginning of the week. The insurance group has announced the resignation of Claude Brunet of his mandate as member of the Board and stated that "the future organizational arrangements" would be announced in coming weeks.

EDF gained 1.63%. Henri Proglio, the new head of the electrician wants to organize a complete overhaul of the French nuclear industry, according to him too dispersed, said the daily Les Echos. It calls into question the integrated model of Areva and advocates the opening of the capital of the subsidiary group nuclear reactors, Areva NP.

Standard & Poor's maintained unchanged credit notes long and short-term "BBB" and "A-2" Vivendi (+0.15%) after the announcement of launching a takeover bid for the Brazilian carrier GVT.

In an interview with the newspaper Les Echos, Fran?ois-Henri Pinault, CEO of PPR (1.50%), confirms not intend to pay special dividend after the IPO of its subsidiary CFAO. He said the group has no plans to divest or put on the market Conforama, Fnac and Redcats.

Out ACC, the ISP plans to invest around 25 million euros for the two capital increases of NicOx (1.49%). The company plans a private placement of new shares amounting to approximately 20 to 30 million euros.

Soitec (-5.05%) posted a net loss of 19.4 million euros in H1. Gross margin was 8% on a turnover of 94.2 million.

Scor (-1.21%) intends to appeal the decision of the Competition National Competition Spanish in a matter of agreement between supposedly different insurance and reinsurance practicing in Spain.His fine amounts to 18.6 million euros.

Finally, Faurecia loses 2.11% after announcing the launch of a bond issue of an initial amount of about 175 million euros, with the aim of strengthening its structure and financial flexibility.