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Changes to the capital in the Jean-Paul Gaultier. Hermes acknowledged Friday in a terse statement, it was in talks to sell its 45% stake in fashion house, without naming names. In addition, the group does not specify whether this item is a part or all of its shares.

Entered the capital of Jean-Paul Gaultier in 1989, Hermes has recently distanced himself from the fashion house. A few months after the death of Jean-Louis Dumas, Jean-Paul Gaultier has indeed been replaced by Christophe Lemaire at the head of the Hermes collection ready-Wear he drew for seven years. "No synergy has been cleared between the two companies," says Les Echos published on Friday.

The house Jean-Paul Gauthier seeks to raise funds to finance its development, also understands Les Echos.The lighthouse designer, owner of the remaining 55% stake, has a mandate to store consultancy M & Finance Aforge for "a mission of reflection on strategic developments of the group.

Hermes, PPR and foreign groups in the breach

Among the options considered, the designer might also, lowering its stake but it should keep the artistic direction of the house he founded in 1982. French houses as PPR might be interested, according to Les Echos, but also foreign groups that would facilitate the strengthening of the brand internationally, particularly in Asia.

Recovery discussed

The valuation of the house Gauthier is discussed: from tens of millions and hundreds of millions.The house would have recorded a total turnover of 22.5 million euros in 2009, a fall of 19% over the previous year. The decline was particularly strong internationally (-31%). The house has recorded an operating loss of 3.6 million euros, against a weak positive result of EUR 271 645 in 2008.

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"Sony Ericsson will partner with the biggest names in entertainment," explains director France, Pierre Perron. Illustration of this strategy, the partnership between the phone manufacturer and Canal +. The platform will be available on some smartphones range from the month of April. The application will be embedded directly on phones. The offer is decorated with three months free trial on all of Canal +. Then, without subscription, only emissions will be available in clear.

The announcement came while the group wants to make her comeback on the smartphone segment. Outpaced the market, Sony Ericsson has added four new references to its Xperia range, with the ambition to sell 2 million units in France this year.Currently, he weighs 10% of this market, which stood at just under 8 million units in 2010.

To do this, the brand mobile phone, a joint venture equally owned by Sony and Ericsson, placing more than ever on his Japanese parentage. Sony Ericsson has taken its technology to Sony Bravia Engine that its TV crew to offer a "better signal processing, richer colors …." For the photo, Exmor R is directly inherited from the image capture developed for ranges of SLR cameras and compact Japanese. With Xperia Play, the smartphone-game console, the brand has pushed the logic of convergence to a climax.

The convergence between television and the phone does not stop there. Connected to a TV with an HDMI cable, a smartphone brand makes "any connected TV."Indeed, it is possible, from its smartphone view photos, videos on his TV and even surfing. Everything is even easier when the TV is also a Sony, with a dedicated menu. But Sony TVs are themselves connected. "We are number two on TV in France and number one for sales of TV connected with 50% market share at the end of 2010," says Philippe Citroën, managing director of Sony France. A quarter of owners have actually connected their television. "They use it mainly for the TV catch up, Sony has a partnership with M6 Replay or visit community sites like Dailymotion," added Philippe Citroën.

Remains whether this marriage of the "best of both worlds", will be sufficient to allow Sony Ericsson to regain lost market share in mobile telephony.

It's another year of strong recruitments in France that EDF plans for 2011. The group announced this morning that 4600 recruits (including 1,500 management posts), mostly young people, against 4300 last year. Meanwhile, about 3,800 departures were recorded last year at EDF and ERDF and 3750 are expected this year, giving a net job creation of 850 jobs.

The energy giant is facing a dual challenge: firstly, it must accompany the resumption of nuclear development in the world, extending the life of plants, and new construction projects of thermal power plants or hydraulic. On the other hand it must deal with a pyramid that will lead to retirement from 25 to 30% of workforce in France by 2015.A proportion that rises to half the actual maintenance and operating in the fields of manufacturing, engineering and distribution.

"We are since 2007 on the movement of medium and long term, with an increase in growth rate of our assignments. Over a period of five years and by 2013, the group has recruited 15,000 people in France.Increase the lifetime of nuclear power plants involves indeed predict trades at 15, the profiles necessary to recruit and train, "said Marianne Laigneau, HR group EDF.

Hiring energy group – which currently has 170,000 employees worldwide and 240 jobs – mainly concern the nuclear pole (engineering and operations), with around 2440 vacancies, but also R & D (70), the hydraulic (300), thermal (100), while that ERDF (the distribution center) will proceed to 1400 hires.

Marianne Laigneau also confirmed the group's commitment towards alternation. EDF is proposing this year 2400 offers alternating at all skill levels. Including personnel already in training in 2010, "more than 4,700 staff are currently in the group," she recalls.

The respite will not last long on the market for European sovereign debt. The markets have once again played to scare Thursday and fears have focused on Lisbon. The return of Portuguese debt to ten years has indeed reached a level unprecedented since the creation of the euro, to 7.43%. The 7% threshold, estimated as the maximum interest rate for Portugal, has been crossed. The "spread" against German Bunds, that is to say, the premium demanded by investors to hold debt rather than Portuguese in Germany, rose to 440 points.

With this new record yield debt Portuguese, European Central Bank (ECB), which had suspended its buyback program for two weeks, had to return to duty. Traders said that the ECB had mainly bought the debt and Portuguese for relatively small amounts.The level of returns is then dropped to 7.404%.

Relief Fund: markets are getting impatient

Why this sudden adrenaline rush of investors? Thursday, no particular event or no ad would disrupt markets. Portugal has even done a show on Monday for which demand was sustained 6 billion euros for a 3-billion. Only the publication of inflation figures, which accelerated to 3.6% in January over a year, could "act as a trigger," said Patrick Jacq, a strategist at BNP Paribas.But it is especially for him a "pretext" seized by investors who wanted to get rid of their obligations Portuguese.

Indeed, a Malay would rather background behind these rate movements: Waiting for strong measures and reassuring European leaders, "markets are anxious and disturbed by the lack of communication," said Bertrand Michaud analyst at Louis Capital Markets. For several weeks the tension had fallen through discussions on increasing the financial stability of the Permanent Fund European (FESF), the European aid funds to countries in difficulty, and a convergence of economic policies of member states. Central banks had also reassured the markets by saying ready to intervene to redeem debt.Finally, the successful bond issues in Portugal and Spain in particular, and publication of economic indicators reassuring, particularly in Germany, contributed to this relaxation.

But markets are impatient again while discussions between member countries of the euro area have stalled. Last Friday, the leaders gathered at a special summit where Angela Merkel and Nicolas Sarkozy have called for a "pact of competitiveness" among the seventeen countries, including "structural reforms" and a "closer economic cooperation" . But the concrete application of these statements will not be discussed before the next summit. "The EU summit has led to nothing, which was more or less expected, said Patrick Jacq. It was also understood that the Franco-German proposals were not necessarily accepted by other countries.In short, it's back problems in the euro area ". Consequence: increased nervousness of investors resulting in runaway journeys, rational markets as was the case yesterday.

Recession fears

Concerns are still doing over Portugal designated as next on the list after Greece and Ireland for a new rescue plan. Lisbon yet strives to give positive signs. The Government has therefore set a priority to reduce the public deficit to 4.6% of GDP this year, against about 7% in 2010. "In 2011, Portugal will achieve one of the most profound and ambitious fiscal adjustments (…), necessary to ensure the credibility of our economy on the international front, funding of our economy and its growth," said Prime Minister Jose Socrates.Portugal has also reported an estimated GDP growth of 1.3% in 2010, after falling 2.6% the previous year.

But for many economists, recession fears persist. The austerity measures, including the higher taxes and cuts in salaries of civil servants, should indeed stopping domestic consumption. "Portugal is not released at the prospect of using the potential FESF said Patrick Jacq. At this stage, it is a choice on their part but if I were the Portuguese taxpayer, I would prefer that the state borrows under the FESF for a lower rate. " But Portugal is determined not to resort to European funds: "There is no reason to believe that Portugal does not qualify to continue to appeal to markets.Quite the contrary, has said yesterday the Minister of the Presidency Pedro Silva Pereira, who has condemned the attacks speculative pushing up rates of bond yields in Portugal.

Patrick Jacq, interest rate movements important as that of yesterday are relative, however, given the current liquidity conditions. "This is not a significant degradation of the image of Portugal." The peripheral states of the euro area remains under pressure however, pending the outcome of the forthcoming summit of EU leaders on March 11.

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Winter sales start on Wednesday. With this period of debate resurfaces bargain prices on many brands use interns as sellers. The collective Precarious Generation alarmed again this phenomenon, citing the low pay for trainees. They are paid "on average six times less" than the employee, the group calculates. In addition, these courses are often precarious, with no contract to boot.

"These are clearly disguised employment", says Julien Boucher, an activist in Precarious Generation, a movement born in September 2005, following a strike call and webcast spontaneous. "Teachers prefer to use this option during rush periods such as Christmas or year-end balances, rather than hiring temporary or CSD, they remained on the benches of employment center," laments he said.A trend that has accelerated in recent years.

Companies have "benefited from the crisis"

According to Julien Boucher, "companies have benefited from the massive crisis in recruiting trainees. The number of stagaires would be spent in France and 800,000 in 2006 to 1,200,000 in 2010. An increase of 50% in four years. Since its inception, Precarious Generation campaigns for a stricter training courses and in particular for increasing the salaries of trainees. For its part, the CFDT, which has made youth employment a priority for 2011, proposes to improve the lives of students, said its secretary general Francois Chereque, when presenting his greetings on Monday.

Article 9 of the Act of March 31, 2006 on Equal Opportunity oversees the conduct of business internships.Admittedly, it was amended by Law of November 24, 2009 which established the principle of compensation and minimum mandatory internships for a period greater than or equal to two months instead of three months previously provided by the decree of 31 January 2008. "But nothing is settled. It's always the level of remuneration is the rub, "Julien Boucher shade. If no collective bargaining agreement more favorable, the student must collect at least 12.5% of the maximum hourly rate of social security, equal to 22 euros in 2010. Is 417.09 euros per month for 35 hours weekly attendance of the trainee in the company."The whole, without contributing to retirement or unemployment insurance," said a member of the collective.

A new operation "punch"

This year again, Generation Precarious therefore benefit from the symbolic period balances to publicly denounce "deals made on wages through the misuse of training" and promises a "blitz" on Saturday. At the last such event, held on the opening day of sales in January 2008, members of the group gathered outside the Parisian department stores, Boulevard Haussmann, to distribute leaflets to customers and the Galeries Lafayette spring.

wmode = "opaque"

Singled out, signs are defending themselves contribute to an increase in placements abusive, reports Le Parisien / Today in France in a survey on this subject. "The students represent only 0.68% of our workforce.Their number is steady throughout the year, it does not increase during the sales or parties, "says a spokesman at Fnac daily. "We offer them at the end of their internship, and if they wish, paid positions when we can," says one at the Gap. Finally, Decathlon stresses that students recruited by the group are "compensated".

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Asian stocks regain form on Thursday. Headed the Nikkei 225 Index, which easily passes the 10,000 points, two weeks after breaking the symbolic barrier. The Japanese index closed up sharply from 1.81% to 10,168.52 points. He even reached in a meeting earlier than five months, to 10,187 points, encouraged by the strong performance of U.S. markets which closed on Wednesday with a strong rebound by 2.27%, boosted by good statistics and the positive discourse of the U.S. central bank. Prospects for action to be announced Thursday afternoon the European Central Bank to support banks and shore up public finances reassure Asian markets.

According to an official amériain, the U.S. would even be willing to support the swelling of the European financial stability by increasing their participation in financing the International Monetary Fund.

Japanese companies have invested more than last year

On the macroeconomic front, Japanese companies have invested more in the third quarter 2010 compared to the previous year. A first for three years. Capital expenditures of firms in the archipelago grew by 5.0% between July and September, driven by car manufacturers. And, for a total of 9.56 trillion yen (85 billion euros) in equipment and infrastructure.Business investment represents approximately 15% of the country's growth.

As for Japanese stocks, carmakers emerge mixed after posting their sales for the month of November: Honda (sales up 45%) climbed 1.94% to 3140 yen, Toyota (-3.3%) decreased by 0.6% to 3,290 yen and Nissan (+27%) rose 2.7% to 822 yen.

Other stock markets all green

The trend is clearly upward on other exchanges. In Hong Kong, the Hang Seng Index gained 0.90% to 23,458.70 points, the CSI 300 Index climbed 1.66% Shanghai to 3188.18 points. The Taiwan Stock Exchange ahead of 0.69% to 8578.52 points, Seoul takes 1% to 4129 points, won 1.95% Sydney to 4676.20 points.The increases are somewhat limited in the Bombay Stock Exchange, 0.50% at 19,950 points, and for Singapore, 0.56% to 3199.83 points.

Crude prices were lower Thursday oriented in electronic trading in Asia, due to the rebound of the dollar, but they limited their losses thanks to good economic indicators and the cold wave in Europe, analysts said. In morning trading, a barrel of light sweet crude for January delivery lost 35 cents to 86.40 dollars (65.88 euros). One of Brent North Sea crude for January delivery yielded 29 cents to 88.58 dollars (67.54 euros).

"The commodity markets are very nervous and agricultural change on significant levels of volatility," says Lionel Porte, specialist commodity derivatives to Euronext as part of a conference organized by the French Association of Agricultural Journalists (Afja ). Faced with this uncertainty, farmers are increasingly likely to want to hedge on the futures markets to ensure a stable income. "We now have over 5000 clients that farmers operate directly on the futures markets," said Renaud de Kerpoisson, a farmer in the Cher and founder of a brokerage firm, Agricultural Supply and Demand (ODA) in Bourges. Personally I have covered 30% of my next wheat crop at 175 euros per ton, delivered in November 2011. An approach that is not isolated."10 to 12% of our members have hedged a portion of their harvest between 160 and 175 euros per tonne," said Francois Hallard on his side, commercial director of the Cooperative Grain Champagne. Intervene in markets but is not given to everyone. "It's like the casino you can be burned wings," said Sylvain breeder in Mayenne. I sold my wheat in March to 110 euros per tonne for deferred delivery in November 2010. I'm getting a good deal but it's finally my co-op that will pocket the difference, "says this farmer disillusioned. It is better to undergo specialized training to understand this mechanism and act knowingly. "With the help of financing the fund VIVEA, this amounts to 150 euros for a full day for the farmer," says the boss of ODA.

Moreover, the futures market can not be applied to all holdings."It depends on the operating model that the farmer wants: home or business, organic or conventional crops or livestock … says his side, Regis Hochart, the Confederation Paysanne. And this engineer agronomist room Beauvais added: European public policy through intervention stocks have almost disappeared. To avoid volatility, only the futures market is now presented as a solution while not halted for much speculation. " In addition, with devastating effects for developing countries.

At the international level, it created some tension on the supply of the poor. "Hunger and malnutrition are rapidly gaining ground since the 2008 food crisis.This brings to light both the inadequacy of the current global food system and the urgent need for structural changes, "said Jacques Diouf, FAO Director-General of the Forum Ministerial Cooperation Council (GCC) spent investment in agriculture. At this Forum, held in United Arab Emirates (UAE), involving representatives of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the host country. It is no coincidence that the UAE just to create their own international trading company specializing in agricultural commodities. "To ensure its independence food or what country buys farmland abroad or he created his own trading," said a speaker from the London market.Nevertheless, in this great global monopoly, not all countries have the financial resources of the UAE to limit the effects of price volatility. Other means of intervention are to be created.

Meanwhile the markets, the price of wheat slight upturn in mid-day on a European futures market, Euronext, very cautious, watching for an easing of geopolitical tensions internationally. The milling wheat gained 1.50 to 1.75 euro (due January, 212.75 euros) less than 3.000 treated groups in the late morning showing caution operators.

The Figaro Group has announced the launch of an insurance broker on the Internet. This is the first time a traditional media launches such a service. "The site cplussur.com to help diversify the group's activities Figaro. The strength of a media brand is to meet on the web as the paper a skilled and motivated people around specific themes. Intervene on their future, protect his family are major concerns for readers of Le Figaro, "said Francis Morel, Managing Director Figaro Group.

The French often misunderstand the insurance same day pay day loan. They do not know what budget they spend annually on their various contracts and often the latter, especially in the field of health, do not shine their light. Hence this finding, Christophe and Stephane Saunier Mazzoleni, officials Cplussur.com, focused on pedagogy.The target? "All those who seek the right product at the right price and with quality service," says Christopher Mazzoleni. To avoid the jargon of insurers, the website expresses such reimbursements in euro (and not as a percentage of those Social Security).

"A broker is an independent intermediary who is mandated by the insured to find the best product at the best price and then to track administrative and claims management," explains Christophe Mazzoleni. The site and select offers from several companies. "Our surveys are anonymous unlike what happens on the comparators online who sell contact information of the user to insurers. Customers can thus have very simply a selection of offers that match their demand, "adds Stéphane Saunier 24 hour pay day loan