The shares of exporting firms are saddled the once heavily penalized by a strong yen and concerns about the U.S. economy.Sony so on, we let go of 1.19%, and Canon was able to take 0.66% after losing almost 4% in session.

The dollar was worth only 85.30 to 85.40 yen Wednesday in mid-session in Asia, a level at which it was not down for eight months and is lower than that on which important Nippon groups have based their forecast revenues and profits.

In terms of company announcements, the Japanese manufacturer of motorcycles and marine equipment Yamaha Motor sharply raised its forecast Wednesday for the annual results, having exceeded its goals in the first half of calendar year, helped by sales of mopeds in Asia. Yamaha now expects an annual turnover of 1.3 trillion yen (1.25 trillion previously expected cons), an increase of 12.7% over one year.It now expects an operating profit of 45 billion annually (instead of 10) and expects to complete the year with a net profit of 25 billion so he could just see the balance.

Ambiance less bearish in the rest of Asia

In Hong Kong, even, the Hang Seng returned to the equilibrium toward 7:00 and stood at 21,455.8 points. In Shanghai, the MIC 30 fold from 0.54% to 2850.5 points. In Sydney, the S & P / ASX was down 0.64% to 4545.2 points.

Oil prices fell Wednesday in Asia, while remaining above 82 dollars a barrel. In morning trading, a barrel of light sweet crude for delivery in September yielded 14 cents to 82.41 dollars a barrel.

Net income from Lafarge withdrew its side of 29% to 233 million euros. The current operating margin shows finally a decrease of 30 basis points to 13.9%.

In the second quarter alone, sales rose 2% to 4.436 billion euros but, at constant perimeter and constant exchange rates, sales rose 2%. The operating income increased 5% to 836 million euros.It is stable at constant exchange rates and constant perimeter.

New measures to reduce debt

Brunot Lafont, CEO of Lafarge, said in a statement that "the pace of economic recovery remains uncertain and highly variable from one country to another," led the group to adjust its market forecast for the year 2010. Lafarge table so now on a variation of the demand for cement between -1 and +3% on the year compared to 2009 (against 0% to 5% expected in late March).

The band announced further steps to reduce its debt amounting to 15.16 billion euros (down 1% in the first half). Thus, it will "limit its investments in 2011 to 1 billion euros" and sets "a new goal of structural cost reductions of more than 200 million euros."

Two years after the outbreak of the financial crisis of 2008-2009, part of the United States with the bankruptcy of Lehman Brothers, the European Parliament in Strasbourg approved the text, which was the subject of a June 30 Agreement between the elected and the states of the EU.

In 2011, the bonus must not be disproportionate to the fixed salary and cash bonuses will be capped at 30% of the total premium, or 20% on premiums particularly important.

End outlandish bonuses

Much of the bonus will be paid immediately and will not be after a period of at least three years to allow the employer to recover some cases where investment does not function as expected.

Finally, at least 50% of a total bonus will be paid as contingent capital, which can be recalled in case of banking difficulties, so that taxpayers do not end up in the front line when a bank gets into difficulties.

In the case of banks that receive public subsidies, the text also provides that "no variable compensation should be paid the officers of the institution unless it is justified."

"Europe gets the rules of coaching salaries of bankers and traders with the most aggressive in the world," said a French Green MEP, Canfin Pascal, who negotiated the text free credit reports. "By limiting the proportion of variable pay in total compensation, this text will finally put an end to extravagant bonuses synonymous with extravagant risks," he added.

A text to the liking of the banking sector

"Two years after the outbreak of the global financial crisis, these tough new rules on bonuses will transform the culture of bonuses and incentives to end the excessive risk-taking", claimed that his side the Socialist Arlene McCarthy, parliamentary rapporteur on file at the agreement in principle on June 30

The text is however not to the liking of the banking sector."We believe that the agreement goes too far, because at the international level, there are already some principles" in the form of recommendations that were made including the Financial Stability Board (FSB), had informed the AFP secretary general of the European Banking Federation, Guido Ravoet after the tentative agreement. "We believe that this is not the public authorities to make amounts, percentages," he added, saying that this responsibility should be left to banks.

"If the international level, it does not follow Europe, European banks have a competitive disadvantage," says Guido Ravoet, who believes that "financial centers like New York, Singapore and Hong Kong will benefit."

The Korean Experience, by Alexander Delaigue, economist and blogger Econoclaste

Protectionism? Good questions but wrong answers, by Nicolas Bouzou, economist at Asteris

Bilateral trade is threatening the dominance of developed countries, by Cyril LACHEVRE, editor of Le Figaro Economie

The fixed-type, by Sebastian Lamache, professor of economics and social Alencon

Korean Experience

Delaigue by Alexander, an economist and blogger Econoclaste

Net-a-porter is one of the best success stories of fashion on the Internet. Founded in 2000 in London by Natalie Massenet, an Englishwoman raised in France, former fashion journalist in American magazines, it distributes worldwide about 300 items from great brands rather pointed, like Jimmy Choo, Stella McCartney and Alexander McQueen . The offer is presented in magazine format. The company based in London and New York last year realized a turnover of approximately 134 million euros.The founder sells 18% of the affair it still held, for an estimated 70 million euros. She will remain in place, deeply involved in its development.

"Given the amount, it is clearly a strategic investment, says it does among the Richemont instant payday loan. Net-a-porter will, like all our houses, totally independent. This will not become a channel for the group and we are pleased that the site continues to work with external marks. "So far, the Swiss has a modest presence on the site, including via its label Chloe.

Richemont nevertheless demonstrates a firm belief in the future of e-commerce for luxury. "These are consumers who will decide," Does it tempers in Geneva. So far the industry has been very careful – if reluctantly – to invest the net.The adventure of LVMH in the early 2000s in its U.S. e-luxury.com was cut short. According to a recent study by Precepta, web weighs only 3% of worldwide turnover of luxury. That figure could reach 4.7% in 2011, representing a market of 7 billion euros. The brands like Boucheron (a subsidiary of PPR), Cartier, recently the United States, Ralph Lauren and Gucci come gradually. Yoox.com The Italian, who has just come into stock, has developed a multi-brand and manages many e-shops for claws.

Apollo and the ISP should take control of Pechiney plants producing aluminum, which represents approximately 70 sites and over 11,000 employees including 5,000 in France. Negotiations should poursuivrent few weeks for a signed agreement in April.This new organization would be in place end June

Create a champion of aluminum

The aluminum activities hitherto neglected by Rio Tinto. In 2009, Alcan EP saw its sales drop 39% payday loans. Eventually, Rio Tinto could even get out of this business by selling its entire remaining stake in Apollo, or via an IPO.

Meanwhile, the government has high ambitions for Alcan EP. With investments of ISP, the state wants to make it a leading French, European and even global aluminum. A goal goes through restructuring. Negotiations are already underway on some sites and departures are expected in Saint-Florentin (Yonne) or New Breisach (Haut-Rhin) Voreppe (Is?re) or Issoire (Puy-de-Dome). In total, several hundred jobs would be in the spotlight.But the proposed takeover would be based on a commitment to maintain the sites.

In addition, acquisitions outside Europe are also on the menu. The headquarters would be based in France. This new scheme does not exclude a future introduction of the group at the Paris Stock Exchange under the name of Pechiney.

ALSO READ:

The ex-Pechiney scattered to the four winds

And if Pechiney became Chinese …

Upon his arrival in France, he announced to start with two million unique visitors. Glam is an "object Web unidentified. He does not content itself but on its pages aggregates the blogs to which he refers by links.In France, it begins with a fifty partners, such as fashion trend or Betty's blog.

Half of the turnover

It covers topics related to clothing, beauty, luxury or entertainment female. With this reach, it sells for blogs concerned advertising space and retains 50% of turnover. "There is no real competitor. We are a kind of thematic superpertinent Google "tries to summarize Orianne Garcia, its director of marketing and communications. The famous founder of the site Caramail mails in 1997 heads the French branch alongside Jean-Pierre Levieux, CEO, founder of MSN France in 1996.

Brash.com for men

Glam Media was founded in the United States in 2003 by Samir Arora, 44, Net entrepreneur of Indian origin. After ten years at Apple, he founded several start-ups in California.Glam Media is defined as "a pioneering media vertical. Beside the site Glam.com female he created Brash.com for men fall 2008 and Tinker.com, a specialized search engine on Facebook and Twitter. Objective: to capture the audience of social networks booming.

The opening of the French subsidiary following a fundraiser for 50 million dollars. Other groups seek to federate the blogs. In France, the popular site Aufeminin.com began to incorporate in its pages. Some advertising agencies have started to commercialize this disparate audience to advertisers, as Bang Blog, a subsidiary of Publicis, which also has its consumer portal.

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.

ALSO READ:

Aubry, Villepin and Le Pen's campaign in Salon

"REPORTAGE VIDEO – Villepin's show at the Salon of Agriculture

The milk crisis invites himself to the Salon of Agriculture

Taiwan rose 1.10% to 7441 points, Seoul ahead of 0.04% to 3323 points, won 0.18% Sydney at 4513 points.

In contrast, Singapore lost 0.41% to 2733 points and Indonesia 0.21% to 2484 points.

The price of crude falling back slightly Wednesday in electronic trading in Asia after rebounding the previous day in New York where he won nearly two dollars, dealers said.In morning trading, a barrel of light sweet crude for March delivery retreated 48 cents to 73.27 dollars, while that of Brent North Sea due to identical, yielding 46 cents to 71.67 dollars .

Car Recalls: Honda after Toyota

After Toyota, Honda. The Japanese automaker (-1.31% to 3020 yen) chaired by Takanobu Ito said Tuesday it was recalling a total of 437,763 vehicles worldwide, mostly in North America because of airbags might of exploding and sending fragments of metal. In the U.S., the figure rises to 378,758 in the United States, 41,685 in Canada, 4042 in Japan and the rest in other parts of the world.

The massive recall by Honda comes as the first Japanese automaker Toyota (+0.59% to 3400 yen) announced the recall of more than 400,000 hybrid vehicles worldwide.

The automiobile Japanese manufacturer, Nissan (2.46%) achieved a net profit in nine months increased 25% to 54 billion yen (410 million euros) and plans to make a profit in 2009-2010 of 35 billion yen (282 million euros), against an expected loss of 40 billion yen (322 million euros).

The manufacturer of aircraft seats Japanese Koito Industries (0.62%) agreed Tuesday to have falsified the results of security checks on 150,000 seats fitted thirty-two airlines in the world. Koito Industries is a subsidiary of Koito Manufacturing, a provider affiliated with Toyota.

Elsewhere in Asia, Sydney is also down by 0.16% to 4505 points. In contrast, the Stock Exchange of Hong Kong gained 0.35% to 19,586 points, Taiwan, 1.45% to 7361 points, Bombay, 0.56% to 15,992 points and South Korea, 0.39% to 3320 points.

As for currencies, the euro strengthens against the Yen (0.53% to 122.46 yen).

Crude prices are down Tuesday in electronic trading in Asia, in a context of decline in regional stock exchanges and concerns about weak demand for oil in the United States.In morning trading, a barrel of light sweet crude for March delivery retreated 24 cents to 71.65 dollars, while that of Brent North Sea due to identical, yielding 20 cents to 69.91 dollars .

Toyota is again under the spotlight

If the front macroeconomics has been very quiet, the news company has once again been very hot. The Japanese Ministry of Transport has announced that Toyota will recall Prius hybrid cars worldwide because of a brake problem . The Japanese automaker will recall 223,068 cars including hybrids including 199,666 Prius in Japan, according to the Ministry of Transport.

In the process, he announced that Toyota will suspend the sale to Japan of the hybrid models SAI, HS250h Lexus and Prius PHV, and recalled 23,402 of these vehicles.CEO Totota, Akio Toyoda, convened a press conference at 7:30 on the hybrid Prius, affected by a defect in the braking system. The conference "will relate to market measures relating to the braking system," said a spokesman for the constructor.

The Australian company, Resourcehouse specializing in mining coal and iron ore, has signed a mega contract with China Power International for $ 60 billion it has called "the largest contract export "of the country.

Several companies publish their third quarter results: Nissan, Japan Tobacco and Pioneer.