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BP dark under the cost of the spill. For the second quarter, the company posted a record loss for a British company. In the quarter, the oil group announced a net loss of 17.15 billion against a profit of 4.38 billion dollars last year. The adjusted loss totaled $ 16.9 billion, within the scope of provisions booked to pay heavy costs of the oil spill in the Gulf of Mexico.

The tanker registered in effect a pretax charge of $ 32.2 billion in its accounts. An amount which includes the escrow account of $ 20 billion promised to the U.S. authorities to ensure all compensation and cleanup costs and damages incurred to date, 2.9 billion dollars.The loss, compared to that office, is limited by a good result of oil and a favorable tax effect of about 7.188 billion dollars.

And to honor this provision, the Group announced the sale of 30 billion dollars in assets over the next 18 months, including assets related to oil exploration.

The ownership policy has been revised

The group's ownership policy is revised. Management pointed out "our shareholders have received a dividend since the explosion of the platform and the oil spill that followed it." The leaders said "the Council will decide whether to distribute a dividend in the publication of results for the fourth quarter of 2010 to February 2011.

Finally, the announced departure of Tony Hayward is now official.The CEO of the group notorious for its mismanagement of the oil spill will be replaced by the American Robert Dudley. Hayward will share the leadership for its non-executive of TNK-BP. He will receive compensation equivalent to one year's salary, or 1,045,000 pounds (1,250,000 euros). Hayward had angered the U.S. administration for having complained of being overstretched since the beginning of the disaster and for having, during his congressional testimony, tried to dodge responsibility for his group.

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The number of counterfeit euro banknotes declined in the first half of 2010 according to the biannual report of the European Central Bank (ECB). In total, 387,000 false banknotes were withdrawn from circulation, a decline of 13% over the second half of 2009.

The ECB said that "reported to the stock, up, of genuine euro banknotes in circulation (average 13.2 billion in cuts in the first half of 2010), the number of counterfeits is very small." The European institution does not specify whether the counterfeit notes were seized before their release.

Tickets are most affected by counterfeiting are € 20 (41.5%) and 50 euros (42.5%) cash advance loan no fax. Almost all (98%) of counterfeit notes seized this semester have been in a member country of the euro area.According to the Central Office for the Suppression of Counterfeiting Currency (OCRFM) quoted by Agence France Presse (AFP), France, Spain and Italy together account for 70% of the counterfeiting of the euro.

The ECB seeks public caution, recalling the method "Touch-Tilt-Watch" called "TRI" to verify the presence of several security features on tickets for the single currency.

"Aging can not around, we must assume," said Labour Minister Eric Woerth merced this morning, in the introduction to the presentation of its pension reform. A reform that the Minister of Labour wanted "responsible and fair", repeating the statements of the President of the Republic on Tuesday night. To restore the financial balance of PAYG pension scheme in 2018, the government provides multiple measures, including increasing the statutory age of retirement is the main. It should contribute to new revenue generated by 50%. In total, Bercy believes that the pension reform should help reduce the government deficit of 0.5 percentage points of GDP by 2013.

• The legal age of retirement is raised to 62 years: "It is the heart of our reform," said Eric Woerth Wednesday morning.Between 62 and 63 years, Nicolas Sarkozy has finally opted for the less radical change. But the pace of transition to the statutory retirement age will, however, at a pace faster than initially expected: four months per year from 1 July 2011, not three. In practice, people born in 1950 will be the last to be able to retire at age 60. Those born in 1951 will work up to 60 years and four months, those born in 1952 to 60 years and eight months, and so on until the generation born in 1956, for which the statutory retirement age to retirement will be set at 62 years. This implies that the reform will be implemented for everyone in 2018, not 2020. Meanwhile, the age of retirement which can reach a full pension will be increased from 65 to 67 years.A position that is both "reasonable and effective" given the increased life expectancy, argued Eric Woerth. Despite the reform, are on average three years longer to be passed in retirement because of life expectancy, he said. "If the contribution period should remain the only leverage new revenue, it would have to grow up to 47 years to get the same result.

• The contribution period will increase to 41 years and a quarter in 2013 and 41.5 years in 2020.

• The high income and capital income into play: as promised in mid-May by Nicolas Sarkozy, the easier will help shore up the unfunded pension system.

The tax households located in the top of the scale of tax on income will be taxed at 41% instead of 40%, in the name of a "solidarity contribution pension.342,000 tax households, or 1% of the population reporting more than 69,783 euros per share will be affected by this measure, which will not be included in the tax shield.

The capital income will be affected, in the form of a one point increase levies on sales and real estate. The tax credit on dividends received by shareholders should be deleted. The employer contribution will go on stock options on its side of 10-14%, saving 70 million euros, and the employee contribution from 2.5% to 8% payday loan online.

The beneficiaries of pensions hats will also implement a social contribution of 14%, which should bring 110 million euros.

In total, these measures will generate 3.7 billion in revenue.

• The hardship is taken into account: "The reform opens a new right," assured Eric Woerth. "60 years of age will retire worn by employees working." People whose health was damaged because of their working conditions (undergoing disability equal to or greater than 20% of the rent bénécifiant rofessional disease) may indeed leave at 60 with a retreat rate full, whatever their number of quarters. This year 10,000 people are expected to benefit from this new law.

Those who started working before age 18 may also retire between 58 and 60, in the condition that the statutory period of assessment over two years. In total, "over 60,000 people per year will not be affected by a departure at age 62, an unprecedented effort in Europe," argued Eric Woerth.

• The pension scheme of officials close to that of private, for estimated revenue of 4.4 billion. Officials will not be saved by postponing the statutory retirement age. The active groups (police, military …), which currently start at 50 or 55 years, will gradually raised the limit of two years. In contrast, employees of the special arrangements will be concerned that from 1 January 2017.The pension contribution rate on wages of employees, currently 7.85%, will also also gradually increased to match the term of private fixed at 10.55%. The calculation of pensions will instead retain the last six months, unlike the private sector.

• Promote the employment of older workers: "From 60 years, the participation rate of French is the lowest in Europe," lamented Eric Woerth. "The postponement of the age will increase the rate of mechanical activity." In order, however, the influx of seniors in the labor market does not result in an influx of additional unemployed, the Minister of Labour announced on Wednesday "an employment subsidy a year for the unemployed over 55.The development of mentoring remains another lever that the government wishes to promote.

• Improving women's pensions, farmers and unemployed: For maternity leave does further lower the mothers' pensions, the daily allowance paid during maternity leave will now be included in the earnings base for calculating pension. For farmers, the rules of the minimum pension will be reviewed, so that those who have contributed little to the minimum pension of 709 euros. As for the unemployed not receiving benefits, the number of terms validated by solidarity in order to prepare for retirement will now 4 to 6.

"Look at the presentation of the reform by Eric Woerth:

Greece, Portugal and Spain. Southern Europe continues to frighten the markets. The Spanish saw its debt rating one notch worse, with a negative outlook.

Between degradation rate and retention Note

During a joint press conference yesterday, Jean-Claude Trichet, president of the European Central Bank, and Dominique Strauss-Kahn, director of the International Monetary Fund, have called on Germany to take an expeditious decision on aid Greece. Both men say they are confident. German Chancellor Angela Merkel seems he heard the message, since it has declared its intention to activate "as quickly as possible" aid plan.

Fortunately, a decision from the United States has been somewhat reassure financial markets. The Fed has indeed confirmed keep interest rates low for a "prolonged period".And this, despite a rapid recovery of the economy.

In this context, it will be interesting to see how values are changing bank, after they have been two sessions in the red. Above Credit Agricole said Wednesday night that its exposure to sovereign risk in Greece amounted to 850 million euros.

Quarterly Results: Sanofi-Aventis, and Technip for ArcelorMittal

Among the values that have posted Wednesday, PPR has returned to growth in the first quarter after five consecutive quarters of downturn, and said Tuesday anticipate a further acceleration in sales during the year.

The day of Thursday will be rich in quarterly publications: ArcelorMittal, France Telecom, Suez Environment, Sanofi-Aventis, Pernod-Ricard, Vivendi, AXA, Bouygues, Areva or Michelin publish.

Renault has announced that the equity between the group, its Japanese partner Nissan and Germany's Daimler had been made Wednesday. The three groups have formalized their alliance in early April for three to share technologies and reduce costs.

The U.S. unemployment statistics in the heart of the day

On the macroeconomic front, the day will, however, less responsible.On the program, the weekly claims for unemployment benefit, which will be published at approximately 14.30 U.S., unemployment for the month of April in Germany and in April business confidence in the euro area.

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Adeus Portugal! Carrefour prepares to leave Portugal. According to our information, the number two global distribution has taken the decision to sell the 524 hard discount stores it operates locally under the brand Minipre?o. The French group is preparing to start the transfer process. Contacted by Le Figaro, his spokeswoman declined to make comment. The Portuguese are attached to Minipre?o Dia hard discount branch of Carrefour.

Last year, its turnover reached 915 million euros, down 0.9% compared to 2008. This development has been permitted by opening 26 new outlets. At comparable number of stores, sales fell 6.8%. If it was buckled, this sale would mean the end of the adventure Carrefour Portugal, where the group was present since 1990.In July 2007, the group had already sold for 662 million euros twelve hypermarkets, whose turnover reached 530 million euros so.

Credit Suisse said Thursday that its chief executive Brady Dougan had received 19.2 million Swiss francs (13 million euros) in cash and stock for the year 2009, making it one of the leaders the more lucrative banking sector.

This high level of pay, despite the profits generated by the bank in 2009 and its recent efforts to make its system more transparent compensation, likely to raise criticism from shareholder activists and political parties in Switzerland, where the Parliament debate new wage rules including the introduction of a ceiling on salaries.

In detail, the head of the Swiss bank has received a base salary of 1.3 million Swiss francs and a bonus of 17.9 million.

Huge side of France

"Such compensation for the CEO of Credit Suisse seems huge in terms of what affect the patterns of French banks," says Cyril Bellanger, at Proxinvest. At Societe Generale, Frederic Oud?a received 1.11 million euros of fixed and variable."He had no options or free shares," says analyst research firm specializing in executive compensation.

At BNP Paribas, Baudouin Prot has received 950,000 euros of fixed and 1.4 million bonus. The bank emerged in 2009 a net profit of 5.8 billion euros (+93%), third in the ranking of the best banking performance in 2009, after Barclays and Santander.

Other DGs have refused their bonuses

In Britain, the CEO of Barclays John Varley declined – as in 2008 – to receive his bonus for Payday Loan Bad Credit . The British bank posted a profit doubled to 10.4 billion pounds over the past year, crushing all its European competitors.The institution intends to distribute 1.5 billion in cash bonuses.

Same attitude towards Royal Bank of Scotland in Edinburgh: Stephen Hester has waived his bonus. The Scottish bank posted a net loss after minority interests of 3.6 billion pounds, about 4.1 billion euros, against a loss of 24.3 billion the previous year.

Back in Switzerland, the CEO of the first institution in Switzerland, UBS, Oswald Gr?bel has waived its variable pay and decided to reduce his base salary of 2 million Swiss francs to 850,000 francs (583,000 euros).It is the responsibility of the Investment Banking Division which was the better off for the year 2009 with a premium of 12.5 million Swiss francs, or 8.6 million.

In late January, in a context where wages are banking scandal in the United States and despite a profit of nearly $ 5 billion in the fourth quarter of 2009, Goldman Sachs has decided to limit the pay of the hundred top leaders based the United Kingdom, one million pounds (1.13 million euros).

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Tough day in prospect on Tuesday for users of the station. The strike, announced in early March, began on Monday to 20 hours and causing disruptions throughout France. Traffic forecasts for Paris and its suburbs show a movement of 65% of TGV, from 35% to 75% of ESTs, 50% for Transilien, and 50 to 60% for Corals. Southern Railroad said that the railway traffic will be "virtually nil" on the region of Paris-Est.

For international TGV (Eurostar, Thalys, Lyria, Aleo), traffic is normal.

Moreover, disturbances depend on actions by the five trade union confederations (CGT, CFDT, FSU, UNSA and Solidaires) who called officials and employees to strike. Four of them (UNSA, CGT, Sud, CFDT) actually filed notice of strike for the day.

"These trades meet, region by region, the levels set by the Act of August 21, 2007 on social dialogue and continuity of public services in the transportation of passengers, for his part said the SNCF. The latter recalls that "every note outlines the valid period will be used in any train traveling on that day, but can not guarantee seating. Travelers preferring to cancel a trip involving a train reservation for this period may do so without charge at the counter.

3 metros of 4

For its part, the RATP, three metros of 4 circulating in Paris early Tuesday morning, and 90% of buses and trams, 95% of RER A, but only a RER B to 2, according to a spokesman for the RATP.For the RER B, the interconnection Gare du Nord station with the suspended cash advance no fax .

From one point of movement performed at 6:15, "traffic is almost normal" on the Paris metro network, "with 3 to 4 metros," said the spokesman, noting that "the line is the most impacted line 10, with 2 to 3 metros.

On the RER "zone RATP", "traffic is almost normal on the RER A, with 95% of trains insured, while for the RER B" train runs of 2, with interconnecting suspended at the station North, "the source said.

Finally, "the traffic of buses and trams is about right, 90% confidence," he added.

Back to normal scheduled at 8 pm Wednesday

Traffic should return to normal for all trains on Wednesday at 8 o'clock.Meanwhile, the station offers two websites (www.sncf.com for all trades and forecasts for www.abcdtrains.com Transilien per station) and hotlines (0805 90 36 35 for Main Lines and TER and 0805 700 805 for Transilien) for more information.

A radio also updates every 15 minutes in traffic (Radio station to listen from the SNCF Direct application on smartphone and on all station websites).

To recall, the unions called the strike to demand "concrete answers" on employment, purchasing power, pensions and working conditions. Workers Power (FP) refers to the scroll and employees to strike to defend pensions.

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STMicroelectronics sees his horizon emerge somewhat after a particularly troubled. The results presented in the fourth quarter by the group on Wednesday showed a recovery of its activity at the end of 2009, which remain generally a bad thought. On the quarter, earnings per share are below expectations, however the sales turn out better than expected. Its net sales in the fourth quarter has indeed reached 2.583 billion dollars, up 13.6% from the previous quarter.In one year, the group's net loss was significantly reduced since it has melted by 80%, from $ 366 million in the fourth quarter of 2008, 70 million dollars over the last three months of 2009.

But for all of 2009, net loss of STMicroelectronics reached 1.13 billion or $ -1.29 per share, up 43.9% compared to the loss recorded on the the year 2008. On the whole financial year, its turnover amounted to 8.51 billion dollars, down 13.5% over 2008 free credit report online . 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.

Influenza A (H1N1) has made the business of bioM?rieux in 2009. The group specialized solutions in vitro diagnostic announced Friday in its annual report a turnover of up to currencies and constant perimeter, from 7.7% to 1.223 billion euros for the whole financial year 2009 against 1.111 billion in 2008. In the fourth quarter, the improvement is significant. Over this period, sales jumped 7.5% to 328 million euros against 311 million in the fourth quarter of 2008.

However, bioM?rieux unscrews at the Paris Bourse. In fall of 5.1%, to 80.79 euros, as has one of largest declines in the Paris stock exchange in mid-day.Analysts consider that the upside potential of the title, given its current valuation is exhausted.

Sales made by influenza A (H1N1)

In Latin America, the group recorded the highest growth over the year 2009. The turnover in this region rose by 19.7% to 89 million instant payday loan . Sales have exploded in particular in Mexico. Logical reason: it is in this country has started the influenza A (H1N1). The application of clinical tests has been very high.

Influenza A (H1N1) has just boosted branch immunoassays, bioM?rieux. "The epidemic has had a favorable impact of approximately 18 million euros on sales of QuickVue influenza tests and systems NucliSENS easyMAG, or 150 basis points of organic growth," confirms the group.In Europe however, the virus activity had passed its peak, the impact on sales was lower in the fourth quarter.

The group's debt has been greatly reduced. He spent 51 million euros to 2 million a year. Side perspective, bioM?rieux table for 2010 organic growth of its sales in foreign currencies and constant perimeter, about 7%.

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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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