Posts Tagged ‘financing’

October 30, 2011 - 1:04 am Comments Off

In the first five days of strike by cabin crew of Air France, the company is organized to provide as announced 80% of its flights. The company has temporarily restricted on Saturday morning to 100 passengers the ability of its medium-haul flights Orly. Consequence: passengers can wait a little and minor delays can be saved.

This management method was chosen to avoid having to put down passengers for lack of a sufficient number of hostesses and stewards. "It blocks the flights a minimum. Is completed according to the presentation of the crews as and when. But we have managed so far to complete the flight and make them go as planned, "says the director of Air France at Orly, George Daher. A strategy that annoys some customers. "We were placed on a waiting list by explaining that there was not enough staff.A rip-off in communication because all flights are available at this time, "said one man who was to fly to Toulouse.

About the airport Roissy-Charles de Gaulle, the traffic was in line with forecasts of Air France, which does not exclude any last minute cancellations. It struck ten long-haul flights planned Saturday morning, including flights to New York, Montreal, Los Angeles, Tokyo, Abu Dhabi, Douala. But passengers were warned on Friday. Maisselon Europe 1, delays begin to accumulate.

Disrupted traffic until Wednesday

Without an agreement this week with management on working conditions for cabin crew, six of seven unions called the stewards and stewardesses 15,000 to go on strike for the weekend of All Saints, usually very busy. Traffic should be disturbed until Wednesday, November 2 included.The company also points out that the tickets can be changed or exchanged free of charge.

The negotiations broke down this week on two issues relating to working conditions for cabin crew. The number of stewards or stewardesses present on each flight, that management would reduce, and the method of evaluation of these same individuals. Air France would they be judged by their purser, rather than by instructors as it is now. For the UNSA and SNPNC-FO, both reforms increase the workload of staff, and thus put at risk the safety of passengers.

The Minister of Transport, Thierry Mariani, has however said "shocked" by the strike call, which he considered "suicidal".

Business creation Advice for Success

October 13, 2011 - 8:00 pm Comments Off

Alain Belais: "To have an idea as good as it is, is not enough."

Is it more important to choose the first legal and tax status of its business or build a business plan? Candidates for the creation of enterprises facing multiple issues. Alain Belais, Executive Director of the Agency for start-ups (PACE), recommends that they follow a very rational.

1. The person who starts for the first time in the adventure of creation must first go to the website of the Agency for start-ups. She will find all the essential tips and steps to follow. She can tap into the toolbox that is available to him, then he will look to support networks.

2.If it is much easier to start a business in France, the new contractor must make a lot of work ahead of the creation of his company to put the odds on his side. Have an idea as good as it is, is not enough. Make sure that the company is a specific market, it has customers. It is essential to consider the viability of the project in detail. Plus the contractor spends thinking about his project, the more it gives the chance to see his company grow in harmony.

3. Do not focus on minor issues. The legal and tax status of the company is not the first topic to address. There is always a formula tailored to their needs when we understand its goals and needs.

4. The initial investment can be small or large.What matters is that the funds are available in relation to the needs of the project.

5. It should not be stubborn. We must not go too fast. Take the time to evaluate, test. If an idea does not find its market, you have to stop the project and give up. This advice may seem paradoxical because an entrepreneur is a man who can shake up the barriers and must be certain. But it must also be able to understand when it's wrong. However, a board shall not conceal another, perseverance, tenacity are the powerful engines of the contractor. Do not get discouraged and overcome obstacles one by one.

6. The new contractor must not remain alone in his corner. It should not be isolated. It must be accompanied. It is sometimes necessary to protect his idea, but he must also learn to trust, to reflect with others.Whether friends or professionals. Many networks are able to advise him, to help solve a problem, to build a case for funding or to face a difficult period. Qualify for free business advice, financial, legal, tax experienced entrepreneurs is an asset. There is indeed a surprising solidarity among entrepreneurs. Many of them are happy to know-how available to those who need it. The advice and support networks for sales professionals and law are very effective to support the project leaders.

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Total Access, service station at low prices into action

October 2, 2011 - 8:04 pm Comments Off

Tomorrow is the big day Monday for "Total Access". The new brand of the oil company, which will provide service stations with low prices, will make his first steps at Rocquencourt near Paris Gennevilliers and in the Hauts-de-Seine. The two prototypes will offer, according to the Journal du Dimanche, prices aligned with retail, or about 1 cheapest personal loan rates.46 euro a liter of unleaded and 1.38 euro per liter of diesel.

An artist's view of future gas stations cheap Total Access. (CD Total)

The Bundestag adopted the rescue plan of the euro

September 30, 2011 - 7:08 am Comments Off

The news is reassuring. With a large majority, the Bundestag adopted the new rescue plan the Eurozone. If the vote was little doubt that the amplitude of the majority was still uncertain.

Exactly 523 of 620 deputies voted "for", said the chairman of the meeting Norbert Lammert. Germany is the eleventh country to approve the expansion of the envelope and the powers of the European emergency fund created in 2010 to assist countries in the euro area in need. This will be the largest contributor.

The new rescue plan foresees an expansion of European powers of the fire in the euro area, the Financial Stability Fund (EFSF), and increased its capacity from 440 to 780 euros milliarsd.

SNC Karl Lagerfeld, art attract royalty

August 28, 2011 - 2:36 am Comments Off

At dusk, fauna connected to press at the entrance of the Centre Pompidou, invitation registered by hand. An opening? Not quite. The April 7, the Beaubourg Museum in central Paris, was privatized by Coca-Cola. The capital city hosts every week a handful of marketing events like this, but this one is unique, hence the exceptional affluence.

More than for the unlimited drinks and canapés, all are there to see Karl Lagerfeld. The artistic director of Chanel designed a collection of three bottles of Coca-Cola Light, launched with much fanfare on the terrace of Beaubourg. TVs have come from all over Europe, on the promise of a few minutes interview with the star. Magazines have published photos of the evening across the continent.A promo for gold Coca-Cola Light!

Since its appearance in a graceful Road Safety campaign in 2008, where he was wearing a fluorescent safety jacket ("It's yellow, it's ugly, it's not going with anything, but it can save your life ", he said it), Karl Lagerfeld multiplies contracts with brands. Most of the time fixed fee paid by classified top secret, sometimes a percentage of sales generated.

Steinway piano to the Yule log Lenôtre through a limited edition of the Petit Larousse, a pair of Repetto shoes and outfits for Barbie, the designer is able to affix his signature everywhere you least expect it.In recent months, he created an eyewear collection Optic 2000, played in a Volkswagen ad, directed the 2011 Pirelli calendar, shot commercials for the launch of Magnum ice in the United States and developed a mobile hairdresser Schwarzkopf. The back looks just as prolific. The U.S. department stores Macy's will distribute a collection of ready-to-wear scratched Lagerfeld, who just draw a new limited edition shoe Hogan, a variety of ST Dupont lighters and pens and Orrefors crystal glasses.

All this, without tarnishing his own image nor nor that of its major employers, Chanel and Fendi, which could hold your nose when they saw him commit themselves with consumer brands and, worse, the smaller competitors.

Review of each project

The success of this tightrope follower of the great discrepancy is due to "system" Lagerfeld.All through the partnership (SNC) Karl Lagerfeld, owned by investment fund Apax Partners. This relates in particular to social "research and development of any product bearing the trade name of Karl Lagerfeld."

"Karl has such an aura that many brands want to associate with him, says Christian Stahl, Partner at Apax Partners payday loans direct lenders. It is able to spend the most exclusive luxury brands for cheap. "But as talk of selling p Karl Lagerfeld as a common license to groups and advertising agencies who would do what they want. Karl Lagerfeld is Pierre Cardin.

"We receive every week a number of proposals around the world," said Pier Paolo Righi, CEO of the company. All are reviewed by a committee of five people around Karl Lagerfeld."Only 40% of the proposals are accepted, ensures Sophie Delanglade, director of the studio, which, among other things, denied a proposed umbrella. The project must be sufficiently creative, inspiring the team and match what fun Karl. "

For collections of ready-to-wear and accessories projects co-signed by Karl Lagerfeld and a registered partner, the designer engages the same team as its own line, to be released next spring on the Internet. "It is essential that projects are complementary and not competitors," said Pier Paolo Righi.

Far from any delegate to the studio, Karl Lagerfeld, workaholic and perfectionist, is personally involved in each project. Her photo shoots are always performed with the same assistants, and with models that selects itself. To begin with, often by his male muse Baptiste Giacobini.His clients can afford a reference to the universe … For Chanel campaign Dom Perignon, Karl Lagerfeld has ensured that a few years ago shooting, shooting sessions were held in his mansion at the time … "With furniture specially down from the attic," recalls an officer of the brand. Same organization for shooting the 2011 Pirelli calendar, made in his photo studio staff, with jewelry and cabinets designed for shooting …

Communication millimeter

Karl Lagerfeld's team takes great care to communication operations around partnerships. The step is essential for brands: even more than the turnover by product designer Lagerfeld, the launch campaign is allowing them to benefit from their association with the stylist. But the personal image of Karl Lagerfeld, demanding and a perfectionist, is at stakeOnly around him is entitled to control this crucial phase, press kits to the organization of events, always assigned to the same agency. For the evening Coca-Cola, it recruited the young models, revamped to Karl Lagerferd wearing a white wig with ponytail. Lagerfeld's house, the business contributes to the maintenance of the myth, and vice versa.

The acquisitions bring Wall Street

August 15, 2011 - 7:32 pm Comments Off

Wall Street is on track to continue the rally that started in last weekend. After opening up 0.48% to 11,323.44 points, the Dow Jones continues to grow: to 5:20 p.m., it gains 0.90% to 11,371.80 points. The Nasdaq index gained 0.51% to 2520.82 points.

As in Asia, the U.S. markets should react positively to the announcement of a contraction much weaker than expected Japanese GDP in the second quarter. But as in Europe, they should remain cautious on the eve of an important meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel on the reform of the governance of the euro area. They should discuss ways to implement to prevent contagion problems of sovereign debt to the rest of the region.

But Germany has already warned investors: this meeting will lead to "nothing spectacular". "It will be a working meeting on the governance of the euro area in line with European decisions taken in late July," said the spokesman of the Ministry of Finance. The latter also confirmed the skepticism against German Eurobonds solution yet desired by many investors. "The Euro-bonds are not an option," ruled the spokesman. These ads have already resulted in demoralizing the European investors.

Morale builders stable

Until the final conclusions of the meeting, U.S. investors are learning that manufacturing activity in the New York area declined for the third consecutive month at -7.7, 3.9 points lower than July .

In real estate, the NAHB index released on Monday shows that the morale of the manufacturers was unchanged in August, close to its lowest historical levels.

Note that the currency market, the Euro rises slightly against the greenback at 1.4287 dollar. Oil markets, oil prices opened up on Monday in New York. A barrel of "light sweet crude" for September delivery was trading at 86.13 dollars, up 75 cents.Prices were down during the European trading, erasing their gains made in Asian trade in a market nervous and still haunted by persistent concerns about global growth and the debt crisis in the eurozone. A barrel of Brent North Sea crude for September delivery was trading at 107.56 dollars on the Intercontinental Exchange (ICE) in London, down 47 cents from Friday's close.

Google swallows Motorola Mobility

On the corporate side, Sysco is expected to release its results on Monday.

Estee Lauder drop 9.18% to 91.58 dollars.Despite the publication of a net income group share record of $ 700.8 million, up 46.5%, the cosmetics group announced its annual results would be below Wall Street expectations.

Lowe (-0.27% to 19.37 dollars) has already reported sales below expectations in the second quarter of its fiscal year and lowered its annual targets for the second time in three months, consumers pushing their development projects until later because of sluggish growth.

Google (-0.88% to 558.94 dollars) will buy the mobile phone manufacturer Motorola Mobility (56.15% to 38.21 dollars) to $ 12.5 billion in cash.

Time Warner (-0.43% to 65.25 dollars) has reached an agreement to buy the cable operator Insight Communications to Carlyle for three billion dollars in cash.

Bank of America (3.20% to 7.42 dollars) has announced the sale of its activities in the international credit cards in Britain, Ireland or Canada.

Boeing (0.16% to 61.84 dollars) announced it had completed with Air Lease Corp. an order valued at $ 2.5 billion on 14 737-800 aircraft and five 777-300ER.

Pfizer (2.41% to 18.29 dollars) announced Monday it had won before a U.S. court case against Teva Pharmaceutical Industries of Israel, preventing the global generics to produce a copy of Viagra before 2019 .

Transocean (2.15% to 56.81 dollars), listed in New York, wants to buy the Norwegian group Aker Drilling, for a total of 1.1 billion Swiss francs (1 billion), according to a statement Monday.Several large shareholders, representing 65% of the capital, have agreed to the deal, said the Swiss.

The American specialist craft materials Grainger (2.12% to 138.72 dollars) on Monday announced the acquisition of the Dutch distributor of fasteners Fabory Group for $ 344 million (242 million).

Gloomy outlook on French growth

July 9, 2011 - 10:32 am Comments Off

Sudden brake on the French economy. The second quarter growth should be two times less than anticipated previously Banque de France (BDF), the institution announced Friday. It reduced its growth forecast to 0.2% for the period April to June, against 0.4% previously and 0.5% in its first estimate. The government expects growth of 2% over the year.

This revision severe downward is motivated by recent activity indicators published by the monetary institution. She recorded a decline in June industrial output (4 points to 99 points) and a slower growth in services (-1 points 99 points). The activity, however, should be stabilizing, according to forecasts from the BoF.

Reduced consumption

"The growth in the second quarter will be much less impressive than the first, reflecting the end of the phenomenon of stock recovery in business and the decline in consumer spending due to inflation and the decision of the premium the case, "said Mathilde Lemoine chief economist at HSBC France. It is also banking on 0.2% growth over the period.

These figures confirm the slowdown in recent months in France, after a very dynamic first quarter. The leading index of activity came out in late June PMI fell sharply, reaching a lowest level in eight months, to 55.4 points. "Industry as services are affected by a drop in new orders, which does not bode well for future growth," Analysis Ken Wattret, chief euro zone economist at BNP Paribas.

French exports did not spark either in recent months (0.9% from March to May), particularly because of slower sales in Asia. However, the French manufacturers seem to keep their spirits up. The INSEE index posted in June were up 3 points to 109 points. A level above its long-term average.

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Procter & Gamble seeks five billion customers

July 4, 2011 - 11:56 am Comments Off

The world's leading consumer is again in top form. The annual accounts ended June should show an increase in turnover of 5% over last year, when sales reached 78.9 billion dollars. Bob McDonald, who took over the group in the middle of the crisis in July 2009, was last week in France for his first visit since taking office. This former military academy at West Point, who spent five years in the U.S. Army before joining Procter in 1980, his book Figaro battle plan to win every year 200 million new consumers.

Click the preview to enlarge the graphic

IMF: Washington encourages her great oral before Lagarde

June 24, 2011 - 6:00 am Comments Off

The support is not official, but the formula leaves little room for doubt. The U.S. treasury secretary, Timothy Geithner, "believes that the experience and solid leadership skills of the Minister Lagarde make her an exceptionally gifted candidate for the general direction of the IMF." In the race to succeed Dominique Strauss-Kahn to head the institution, is a way for Washington to support the European rather than his rival Mexican Agustin Carstens.

This statement therefore encourage what Christine Lagarde who must, on Thursday, passing his oral exam before the Board of the IMF. She must convince the 24 members it is the most capable of governing the IMF in the current turmoil. Agustin Carstens, he led his interview Tuesday.

The Mexican Fund for an impartial

During this session, had said Monday the institution, "each candidate will present his views on issues facing the Fund and its member states, and administrators will be able to interact with the candidates." Mexicans called for an increased IMF resources permanent, impartial, representing more emerging economies on its board of directors.

Christine Lagarde was in turn focus his presentation on an IMF "responsive, cooperative, legitimate and fair." So far, she expressed hostility to a restructuring of the Greek debt. When asked whether she was confident before the interview, the French Minister exclaimed: "Forever!".

Two shadows loom, however, about his candidacy. First, the case Tapie, who has rebounded earlier this week, and the Greek crisis.Brazil has indicated, through his representative at the IMF, Paulo Nogueira Batista, he expected the future Director to hold a position of severe vis-à-vis Greece: "We need strong action to obtain from Athens, and a clear financial commitment on the part of the euro area. A general statement is inadequate. " A position held since the beginning of his campaign by Agustin Carstens, who says he even opened a debt restructuring if necessary.

Preordained

For many observers, however, the game is a foregone conclusion for Christine Lagarde. "The French Minister on course to win," and headlined the Wall Street Journal on Thursday morning. She enjoys the strong support from almost all European countries, over 15% of the vote.One member of the board should, however, provide support to Agustin Carstens: Mexican director representing Spain and Latin America, 4.7% of the vote. Brazil has not made clear in his favor.

The decision should ultimately be taken on the basis of consensus, not wanting the institution or place one of its member countries is at odds vis-à-vis a future director or humiliate an unsuccessful candidate. The outcome of the deliberations is expected Tuesday at the earliest, and June 30 at the latest.

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Real Estate: Paris exceed 8,000 euros per m² in June

April 29, 2011 - 1:44 pm Comments Off

In real estate, Paris is not France. So goes the refrain sung Thursday by the Higher Council of Notaries. In the capital, in fact, prices never stop rising. Last year, the increase was 17.5% and per square meter was worth, on average, 7330 euros in old housing. The boom continued in early 2011. "From December 2010 to February 2011, prices rose 5.2%, says Mr. Thierry Delesalle, president of the real estate commission of notaries in the Ile-de-France. In twelve month rolling period, from June 2010 to June 2011, we will not be far from the 20% increase. "Soon, the ceiling of 8,000 euros per square meter in Paris will be reached.

Relying on the promises of sales in the first quarter of 2011 signed, notaries believe the square meter in Paris will average 8,028 euros in June. This will rise to 15,500 euros in even the most expensive neighborhood in the capital, the Champs-Elysees.And this movement does not seem ready to break if we are to judge by the large number of transactions: first quarter in Ile-de-France, they rose 16%.

Click on the thumbnail to enlarge the graphic.

Fewer foreigners in Paris

Contrary to popular belief, foreigners are not responsible for the rampant price increases because they are less active than before the Paris market: last year, they accounted for 6.5% of buyers against 7.6% in 2009. The result? "We should see the price differences widen between areas traditionally preferred properties such as Paris and those economically disadvantaged in which a decrease has already been committed," said Pierre Bazaille, president of the Institute for Notarial real estate guaranteed online payday loans. In fact, in the province, the changes are more chaotic.Overall, prices have also increased but less dramatically than in Paris. They set up in 2010 by 4.7% for older apartments and 10% for houses. But since early this year, the situation is contrasted by areas or cities.

In Lille, for example, home prices fell 6% to 170,000 euros on average in Bordeaux, one of the apartments has decreased by 1%. Less than 3% also for apartments in Rennes, where the square meter is now worth 2212 euros. On the other hand, for apartments, in Brest, the price per square foot rose by 7% to 1527 euros per square meter. The increase is more limited but very real (+3%) in Lyon, where the square meter is 3102 euros.

Difficult, with that, whether property prices will rise or decline this year in France. According to Mr. Pierre Bazaille, the trend towards a higher but moderate (between 0 and 3%).A development that will depend on exogenous factors such as rising interest rates on mortgages or advertisements referring to the SP in its program the rent freeze.

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