World Articles

After earning the quarterly losses last year and a half, Ford has returned to profit. The U.S. carmaker has presented on Monday a net operating 997 million for the third quarter, earnings per share of 0.29 dollars.

The operating profit of the group stood at 26 cents per share, while analysts expected a loss. At the same time last year, Ford avaiyt presented a net loss of $ 161 million.

The automotive business generated cash flow of $ 1.3 billion over the period. Consequently, the group raised its forecasts.While he expected to be "at least the balance" in 2011, he now feels able to be "solidly profitable" in that horizon.

Around 13 h 50 in electronic trading before the opening of Wall Street, as Ford earned 50 cents, an increase of 7% over its closing price Friday.

ALSO READ

"Vive increased sales of new cars in October

Tobacco companies defend themselves against illegal sales of tobacco on the Internet. BAT France said in a statement it had secured commitments from the advertiser Expresstabac and site hosting Aucland, to "clean up ads. The cigarette had given notice October 16 arrest for impersonating BAT and selling cigarettes illegally. The host has pledged not to broadcast these ads.

Other warnings were issued by BAT. One for the site and the advertiser beebarter.com expresstabacnews@gmail.com and one for the site and the advertiser annonces100×100.com laboutiquedutabac@yahoo.fr. The cigarette maker BAT claims that these sites and advertisers to steal his identity and violate Article L3511-3 of the Code of Public Health which prohibits the sale of tobacco promotion in France.Mid-October, the spokesman for the government, Luc Chatel, had indicated he was "absolutely out of question for public health reasons, to authorize the sale of tobacco through the Internet.

A quarter of the cigarettes would be purchased abroad

The websites offer cartridges 8 euros against an average of 50 euros at tobacconists. According to research firm EPSY conducted for the manufacturer BAT, 24% of cigarettes consumed in France in 2008 were actually purchased abroad. Budget Minister Eric Woerth said on Thursday that the price of cigarettes would increase by 6% in the coming weeks at the request of manufacturers. An increase which could be added to the revaluation of taxes under the draft law on financing social security (PLFSS).

The month of September has been particularly good for business creation in France. Compared to August 2009, 56,548 enterprises have emerged, an increase of 38.6%, according to Insee, counting the self-entrepreneurs. Aside from creations made under this scheme, the increase in the number of new businesses is still at 21.1%. A consistent and sustained increase since the last twelve months, the National Institute of Statistics counts a soaring creations to 47.2%. Moreover, the number of start of July, August and September is up more than 80% over the same period in 2008. The sectors that contribute most to this growth, according to Insee, are supporting business and trade.Herv? Novelli, Secretary of State for Trade and SMEs, told AFP "we have today in this country created 424,209 companies since the beginning of the year, against 327,000 in total throughout the year 2008. It is now certain that the goal of 500,000 new businesses in 2009 will be largely exceeded.

The auto-entrepreneur always very popular

The new status of self-contractor maddens figures. Only the first nine months of the year, 230,649 applications created under this scheme have been made, more than a creation of two. Moreover, confirming the popularity of this new status, 32,000 new companies of this type are born in September to 24,531 creations "classics".On the status of self-contractor in particular, Herv? Novelli said that "initial target of 200,000 self-entrepreneurs in 2009, we are already over 230,000 and he now expects about 300,000 by the end year. He added, regarding the sustainability of these new companies, that "new firms are more fragile, but the more you create, the better the chance to see grow." Under Secretary of State, "which is as important in self-contractor, the additional purchasing power, workers and unemployed persons representing two-thirds of new businesses under the new regime.

New aid for business start help people struggling to establish their case, it is the goal of a new, signed Monday by Valerie Ohannessian, Deputy Director General of the French Banking Federation (FBF), Augustine of Romanet, CEO of CDC and Laurent Wauquiez, Minister of State for Employment. Thus, 20,000 unemployed and welfare recipients may be further along in their draft business creation, with the possibility of linking interest-free loans to bank loans that can be guaranteed. Valid until the end of 2012, the device will "provide better service support, the funding increased, easier access to banks for greater effectiveness of these new government measures. The major French banks have already started to develop this new service.For its part, the State undertakes to provide funding to support this rising to 40 million euros in 2009.