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Wednesday Nov 30, 2011

Beyoncé is committed to the Telethon. The American singer, very involved in helping victims of Hurricanes Katrina and Ike in the United States, joined this year for 25 years BrandAlley appointment. 2 and 3 December next, dates of the Telethon, the site of private sales balances up to 70% because the clothing brand of the star, House of Deréon. The full benefit of these sales will be donated to the Telethon, said the private sales site.

House of Deréon, brand launched in 2005 by the singer in partnership with her mother Tina Knowles, markets especially its models – sold around the equivalent of 100 euros – the United States and Canada. But France is a market that does not neglect Beyoncé.His latest album, "4", it was number one record sales this summer, thanks to intensive promotion conducted by the singer in the French media no teletrack payday loans.

The operation could also be a carrier for private sales website BrandAlley. With a turnover of 70 million euros in 2010, the site just yet to reach the level of its competitor, vente-privee.com, which dominates the area. Last year, BrandAlley has diversified its business by offering its customers not only of unsold at bargain prices, but also collections in progress. The site, rumored consider a stock market listing, this year is between 40% and 45% growth.

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Friday Nov 25, 2011

The biggest shop shows the world may soon see the day in Paris. The luxury group Richemont actively preparing to open a palace watches of 2250 square meters on two floors, which would be represented as 60 brands ranging from entry level to luxury. This store may be substituted for the brand Old England, old shop of the 19th century, strategically located between the Opera and the Boulevard Haussmann in the heart of the capital. According to the website dedicated businessmontres.com, Richemont should benefit from the commercial end of the lease granted to the current property owner to get their hands on the site. Neither the luxury group, nor the SFL, owner of the walls has to comment that "rumor".

Sources close to the discussions say, however, that the real estate transaction is scheduled for over a year.Richemont has even approached the great names in luxury and watch as LVMH, Swatch and Rolex to tell them about the operation. If the participation of the latter to the final draft to be confirmed, Richemont has already convinced major retailers such as Audemars Piguet Breitling or to be part of.

The Swiss group is currently in discussions with Bucherer, another big name in the jewelry and luxury watches, in order to leave the management of this huge store. Few in France, it has been favored by Richemont because of its extensive experience in managing multi-brand stores. In addition to his label, Bucherer has a network of 15 stores which are marketed brands Rolex, Piaget, TAG Heuer, or Longines. It also has other stores in Austria and Germany.

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Tuesday Nov 22, 2011

The Paris Bourse is trying to make a step forward on Tuesday, a day after falling more than 3%. The CAC 40 in advance from 1.6% to 2941.61 points in early trade.

The problems of sovereign debt, however, should still hang over the markets. The pressure rises in the euro zone since Moody's announced that the triple A French was threatened. Spain and Italy are always attacked in the bond markets. Finally, Germany is in the viewfinder of many observers who believe the country could experience a domino effect on the market.

But Europe is not the only one to raise the nervousness of the operators. The market should be affected by the fact that the "super committee" responsible for the debt of the United States do not reach an agreement between left and right, after three months of effort.The twelve members of the joint committee, composed of six Republicans and six Democrats were responsible for the deficit of 1200 billion and had until midnight Wednesday to share their findings. Failing agreement, the law provides for the automatic implementation, from 2013, these spending cuts divided equally between defense and social programs.

Fitch monitors the Americans

President Barack Obama assured that the United States were not at risk of default. He said he was determined to keep the pressure on elected officials and threatened to veto any attempt by Congress to mitigate the budget cuts that are now automatically take effect.

For now, the rating agencies Standard & Poor's and Moody's reported that U.S. credit rating would not be affected by the failure of these discussions.

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Sunday Nov 20, 2011

Released in early 2010, a year and a half of recession caused by the bursting of the housing bubble, Spain could plunge into the red. Supported by the only engine of exports and tourism, the economy will suffer from the international slowdown. And domestic demand – consumption and investment – remains stalled, weighed down by record unemployment. Economists forecast a decline in activity over the next two quarters. For the full 2012, Natixis expects an increase of GDP, limited to 0.2%, even more severe, Bank of America Merrill Lynch expects a fall of 0.7%. Two days before the election, the government had to accept lower growth for 2011 at 0.8% against 1.3%, less than half that expected by Brussels in the euro area.

Occupation: the red lantern of Europe

This is the black point of the Spanish economy guaranteed online payday loans.Toxic assets that are concentrated in the "cajas" (savings banks).

Increased risk for public finances

Spain has embarked on the path of fiscal consolidation since 2009. The great austerity plan dating back to May 2010 combining lower wages of civil servants, cuts in social spending, increase tax and pension reform. After a budget deficit rising to 11.2% of GDP in 2009, the stated objective is to reduce it to 6% this year. It is not clear as far as Madrid to keep, given the downward revision of growth. On the front of the public debt, Madrid pre-crisis low, 40% of GDP. It has since risen sharply, it should peak around 72% in 2013 before declining.

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Merkel and Cameron are acting their differences on the euro

Saturday Nov 19, 2011

The meeting between German Chancellor Angela Merkel with British Prime Minister Cameron, far from marking a reconciliation, a deed the differences between the two countries on the edges of Europe. Despite the cordial declarations of the two heads of government, differences on the issue of saving the euro continues. "Germany's interests, Britain has its own," acknowledged David Cameron at the end of the meeting.

The issues are still there and no solution in sight, the Chancellor conceded. Britain still refuses the idea of ​​a tax on financial transactions, supported by Paris and Berlin, because it severely handicap the City of London. On the issue of greater involvement of the European Central Bank to resolve the crisis of the euro, which promotes London, the German chancellor has proved inflexible.

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Thursday Nov 17, 2011

Cover the whole of France fiber cost about 21 billion euros over 15 years, said Jean-Ludovic Silicani, president of the controller facing the elite of the telecom sector together like every year for the conference in Montpellier DigiWorld Institute (formerly Idate).

On this vast project that will allow access to French high-speed Internet, nearly 2 billion have already been invested, mainly in large cities, where operators are deploying all their network. In medium-sized cities and towns of big cities, they decided to invest to be faster and more efficient.

After an initial agreement between France Telecom and Free in the summer of 1300 entered into common units and 5 million, France Telecom and SFR in turn forged an agreement this week with him, in 3500 and 11 million common units.Result, 60% of French households can receive high-speed Internet by 2020. The dynamics is committed throughout the territory. The penetration takes off. France recorded the first half of the fastest growing in Europe in absolute terms, the number of subscriptions very high speed (87 300), as the DigiWorld Institute.

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Wednesday Nov 16, 2011

In this year financially troubled employees rely on corporate savings to rebuild their nest eggs. This is apparent from a study conducted by the CSA institute for the Club of employee savings.

Over the last twelve months, more than half of the beneficiaries of employee savings invested 12% of their pay. A percentage much higher than previous years.

"Employees are concerned about the consequences of the financial crisis. 40% of them plan to evolve their total savings, "says Henry Alline, president of the Club of employee savings. More than half (55%) of respondents in this study say they are satisfied for the moment the financial performance of their business investment. But they were 59% a year ago flexcheck cash advance.

As is the case for several years, employees save for retirement.Over the last twelve months, two thirds of employees and supports a PEE (company savings plan). This device, like Perco Plan (retirement savings plan), allows to build a long-term savings. It is powered by matching contributions from the employer or employee payments can spend up to a quarter of his annual salary.

Provided they meet the minimum capital funds (5 years for the EEP and until retirement for Perco), the yields of these products (dividends, capital gains) are exempt from tax income. This explains the growing success of these formulas, still reserved for the privileged. For 70% of employees do not have access to employee savings plan.

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Tuesday Nov 15, 2011

Happy! Bernard Tapie alongside the greatest patrons of the planet. Here are the results of a survey Way Opinion on leadership and the qualities of a good leader conducted among 300 business leaders and our colleagues unveiled Monday by the Parisian. The former head of the OM occurs in the top 5 managers behind Steve Jobs (the first), Carlos Ghosn, Bill Gates and Michel-Edouard Leclerc.

Asked Monday by Le Figaro, the former head of the said OM has naturally flattered by the result but did not seem surprised. "People have accepted my statements on TV that have contributed to enhancing the business entrepreneur, he says. For years it was believed that the corporate world was synonymous with sadness and we do it not amused. I helped to change that image. "

"Good players become ill on arrival at the OM"

Bernard Tapie has little original definition of a good manager, is "to want its employees to offer the best of themselves to excel payday advance. The priority is not to be loved but to lead them to discover their full potential. " The most original are the examples come to mind the old boss "My former assistant became assistant Pinault and not the assistant of a hardware dealer" and the players of the OM – Papin , Wadle, Pele – were good players when they were recruited and then become real stars.

"Being a great manager was to make them grow up, says that to date remains the only French boss to win the Champions League. Today, good players become ill on arrival at the OM. This is the stereotype of bad management or bad environment. "


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Saturday Nov 12, 2011

Noting with relief progress in the transition of Italy and Greece, the U.S. stock markets should continue their momentum on Friday. The Dow Jones moving up 1.06% to 12,030.21 points, the S & P rose 1.40% to 1257.10 points and the Nasdaq, 1.18% to 2656.10 points.

Illustration of this calming the markets, interest rates and French italients relax. Relaxing on the European bond market begins today in the morning with both a decline in rate to 10 years in Italy, far below the 7% and a reduction in the yield spread between 10-year Germany and France with 159 points.

In Greece, the new Prime Minister Evangelos Lucas Papademos renewed Véniélos Finance. In Italy, the Senate passed the economic measures promised to the European Union, until the House of Representatives to do in turn.Which would open the door at the start of Silvio Berlusconi is expected to replace the former European Commissioner Mario Monti.

The market welcomed the strong performance of Disney

Oil prices rose slightly at the opening Friday in New York, watching the market with relief progress in the transition to the head of Italy and Greece. Around 3:10 p.m. (Paris time) on the New York Mercantile Exchange, a barrel of "light sweet crude" for December delivery traded at 98.06 dollars, up 28 cents from the previous day.

On the foreign exchange market, the euro gained ground against the dollar Friday, supported by renewed hope on the situation in the eurozone, currency traders who are particularly reassured by the evolution of the political situation in Italy, which is expected to succeed Mario Monti Silvio Berlusconi.


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Friday Nov 11, 2011

Greek heavy bill for Credit Agricole. The mutual bank spent in the third quarter of 905 million euros before tax provisions on its portfolio of debt securities of states of Athens.

Following the example of BNP Paribas and Societe Generale, has increased the discount on these bonds at 60%, more than 50% recommended by the Europe Agreement in Brussels on October 27. In the third quarter, the group is issuing a very amputated profit of 258 million euros, down 65% year on year, well below analysts' expectations.

In a rising market, fell Thursday morning as the stock market of more than 3%. For six months he has lost over half its value no fax payday loan. Like all French banks, Crédit Agricole was caught this summer by the crisis in the euro area."The situation remains complex." The Group is particularly strong presence in Italy, where it has 1.7 million customers.

The group shall have for the time noted "no particular sign of weakness" that would signal a possible rise in bad debts. The bank has given the Italian public debt markets to reduce its exposure in four months to 8.73 billion euros to 6.75 billion.

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