Posted by admin | Under Uncategorized, features, life, news, world
Friday Mar 30, 2012
Family businesses are then threw in the presidential campaign. The ASMEP-ETI, the union of midsize (250 to 5000 employees) and property, chaired by Yvon Gattaz, this ten proposals to improve their competitiveness. "Our companies need time to create sustainable jobs. As they need time to grow and impose global brands, "says Philippe d'Ornano, vice president of ETI-organizing ASMEP Thursday at the Chamber of Commerce and Industry of Paris the grand prize of business and family heritage. "Therefore it is vital to promote their transmission. This is what allows the covenants Dutreil. Do not touch! "
These covenants have been established to promote the transfer of family businesses. The entrpreneurs plead for them to be "safe havens and improved, by exempting EWB and inheritance tax at 95% – instead of 75% currently – securities held as part of a commitment to conservation." They demand that business leaders can more easily prepare their succession. Specifically, a contractor must be able to transmit his company while remaining at the helm paydayloans.
While bank financing will be scarce, the ASMEP-ETI wants to create a bond market dedicated to midsize. The union also argues for the establishment of a large department of business on the model of Sustainable Development established in 2007. This would be a profound change of working methods of the state since the new department would under the responsibility of industry, SMEs, credit mediation, foreign trade and vocational training. It would exercise supervision over the Deposit, the Strategic Investment Fund (51% subsidiary of the Caisse des Depots), OSEO, the Directorate of Planning (Datar).
In social terms, the union plans to encourage the employment of older workers by exempting pension contributions and unemployment wages of older workers who continue working after reaching the required contribution period. This measure is also advocated by the Federation of German family businesses.
Posted by admin | Under international, life, money, news, special
Friday Mar 23, 2012
Corsairfly becomes … Corsair International. "A change but not revolution," agrees Pascal de Izaguirre, CEO of the airline of TUI. The leaders of the giant European Tourism chose a facelift to revive the company acquired by Nouvelles Frontieres in 1990 when Jacques Maillot was at the controls. At the time it was called Corse Air International
.
Everything has changed since: the German TUI shareholder meeting in France Marmara Tourinter, New Frontiers and renamed the airline Corsairfly stripped a quarter of its workforce … He has invested hundreds of millions of euros to transform the old a charter company whose regular cabs devices have been fully refurbished mid-2013 with a budget of 36 million euros.
Financially, the subsidiary of TUI could not afford a complete change of name: "Rather than spend a fortune to switch brands, it is better to devote resources to what the customer appreciates the ground or on board" , says Pascal de Izaguirre CEO of Corsair International.
Erase the image and low-cost charter
A budget of 2.5 million euros will be spent on change of visual identity (logo creation, uniforms, aircraft painting). The first plane scratched white and blue logo of the retro graphics will be delivered in July. The other six, including two new A 330 will follow until mid-April 2013.
But another reason is given by the CEO of Corsairfly to explain the lack of boldness in the choice of name: "The Corsair brand is extremely well known. Hostesses and stewards are known to be friendly and smiling. "The old company Nouvelles Frontieres is certainly an image associated with cheap, but also a Spartan comfort payday loans direct lenders.
"Corsair will celebrate its 31 anniversary this year, little known company such longevity, defends Pascal de Izaguirre. Many have disappeared, new arrivals are. We remove the "fly" but also the name of "smiley" logo TUI, not to hide our group membership, but to erase anything that might suggest the charter or low cost. "…. ….
The team of TUI wants to play the card of elegance, high quality services, while remaining competitive on price. The number of seats "open sea" (comparable to a business class) increases from 24 to 36 in the Boeing 747 and 18 to 26 in the A 330. "We have invested heavily in-flight services, airport lounges to Orly, Pointe-à-Pitre and Fort de France, and soon the meeting …"
New destinations
The relaunch of the company scheduled two years ago falls to one of the worst periods through which the world of air: the rates are low while the cost of jet fuel has stabilized at a very high level that weakens companies.
"This does not undermine our vision and direction, says the CEO of TUI France. We are currently addressing the structural problems of the company and it is not challenged by economic factors. TUI, our shareholder, has powerful resources. He made a choice that takes the long term. "
Corsair International will also review its destinations in September, the company will cease to serve Miami. Instead it will open a line to Punta Cana in the Dominican Republic, a destination that has grown 15% since the beginning of the year.
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Posted by admin | Under economic, events, money, news, top news
Tuesday Mar 20, 2012
The franchisor Monceau Fleurs he bitten off more than it can chew by acquiring Rapid'Flore late 2008 to become number one French? Three years later, the signs of indigestion were in any case become so important that the direction of the florist, which has 487 franchises in the Monceau Fleurs and Rapid'Flore and Happy, was forced to seek entry into backup procedure late last October. She feared not being able to meet its debt repayments -26 million euros, or 42% of its turnover in 2011 (61.8 million) – and wanted to concentrate on major reorganization, initiated a year ago .
Five months later, Monceau Fleurs is about to present its plan to emerge from the backup: the project of spreading the debt will be subject to creditors on April 2, and then to shareholders four days later. The downstream of the largest of these, Laurent Amar, grand-son of the founder of the group, which retains 68% stake in the florist does not have any doubt.
It is himself who decided to change everything or almost in the group he chairs, finding it necessary to surround himself "a strong and experienced team in the field of distribution and management of international companies ". The general manager was created operational for the group now operates in nine countries. It was given to Paul Mir, former Promodès, passed by PPR, Fnac and Kingfisher (Castorama …).
Market restructuring
The complete reorganization-finance, promotions, product management for roses and gerberas, as in the food-distribution shows its effectiveness free online credit report. Current operating income is again slightly positive in its last financial year (ended 30 September 2011), whereas it was negative by about 2 million euros a year earlier. However, this improvement is mainly due to a workforce reduction, increased from 205 to 170 employees grouped on one site in Villebon.
"We are busy making our size, coupled with the integration of Rapid'Flore, and the power of our three brands a real strong market also being restructured," said Paul Mir. According Xerfi, florists accounted for 54% of sales in value and 35% by volume of a market for flowers and plants by 2.3 billion euros. "Their market share, however, tends to fade for several years, primarily for the benefit of the garden," but also large food stores, says the firm.
Of a total of 15,000 florists in France, only 650 are members of a group, of which 490 are a Monceau Fleurs (in cities), Happy (with an offer based on decoration) or Rapid'Flore (in cities average). By offering more services to its franchisees, such as loyalty card or access to a new online store launched in the third quarter, Monceau Fleurs still hopes to strengthen its first position. But in a less risky.
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Posted by admin | Under events, life, news, online, top news
Sunday Mar 11, 2012
The efforts made by Belgium are unprecedented in history. The Socialist government led by Elio di Rupo announced this Sunday the adoption of additional measures of rigor. To 11.3 billion euros in savings adopted at the end of 2011 have now been added 1.82 billion euros of provisions negotiated into the night from Saturday to Sunday, and 650 million reserve if growth is below expectations. It took six days at Belgian coalition, which brings together six parties, the center-left to center-right, to agree on this new package, which aims to limit the budget deficit to 2, 8% of GDP in 2012. In 2011, it reached 3.8% of GDP.
"With this budget, our country is one of the best students in Europe. We considered the possibility of an economic situation even worse, "justified the Prime Minister Elio Di Rupo. The government is based on a forecast of almost zero growth for 2012 at 0.1% against 0.8% previously, as recommended by the European Commission.
No VAT increase
After the austerity measures announced in November – limiting the use of early retirement, decrease the duration of unemployment benefits, taxation of stock and stock options … – Prime Minister also wanted to convince voters of the fairness of the new train measures. "It is an effort fair and balanced. The government is making an effort in structural terms, both in expenditures and receipts. [...] But the new measures do not touch many citizens. "
Most of the additional revenue will come from an announced increased repression of the black, and a tax increase on tobacco and stock transactions. However, the minimum wage, the amount of family allowance or the retirement pensions will not be modified downward. "We do not touch to VAT, it does not touch the savings accounts. [...] Despite a very challenging environment, the purchasing power of citizens is preserved and the competitiveness of companies saved, "said the Prime Minister.
Last November, the rating is downgraded sovereign debt by the Belgian credit rating agency Standard & Poor's had precipitated the adoption of an austerity plan of great magnitude. The rating agency, which matched its rating a negative outlook, particularly doubted the ability of Belgium to break the political deadlock and to present a credible budget.
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Posted by admin | Under events, international, life, news, opinions
Tuesday Mar 6, 2012
On February 20, during the auction of the hamlet of Courbefy, located 40 km southwest of Limoges, no buyer had appeared, despite a retail price of only 300,000 euros. With the effect of media coverage, between 150 and 200 buyers from around the world are scrambling to try to acquire this highly original property, offered for sale price of a two-room Paris.
Without buyers, the entire village, 19 rustic buildings in various states, the boxes for horses, pool, tennis court, culminating in nearly 557 meters high with a beautiful view of the mountains of Chalus in the Périgord Limousin regional park, should return to Credit Agricole, creditor's last owner who could not repay the loan. Its proposed resort, launched in 2003, has never worked and went bankrupt, causing the abandonment of the site in 2008.
The news of the sale of Courbefy was first taken up by the media in France, before being scattered by the whole world, fascinated by the idea that a whole village could be sold for a price as ridiculous . "Admittedly, this is an offer very original, very unique, because the entire village is sold at once," says Mr. Paul Le Figaro Gérardin, counsel for the Credit Agricole. "It's because someone has bought one by one all the houses after the abandonment of the hamlet."
After being abandoned by its last inhabitants in the 1970s due to rural exodus, the small village of Courbefy might find occupants with a last minute deal last Thursday filed with the court registry by Limoges an American company, AHAE Press, registered in the State of New York. This entity belongs to the Korean-born American photographer Ahae, artist specializing in landscape photography and wildlife, whose exhibition "Through my window" must be presented at the Louvre in Paris from June 26 to July 23.
With its 10% deposit of the purchase price, the sale process is restarted, and new auction will take place at court of Limoges on May 21. "I'm sure will be many bidders," suggests Paul Gérardin me. "We have already responded to 150 to 200 inquiries from around the world. Initial requests are first come from the Paris region, London, Belgium, the Netherlands, Sweden and other European countries before coming the United Arab Emirates, China, U.S. and Russian. "
One potential buyers, a Dutchman, wants to use the hamlet for a reality TV show in which participants would call premises in shape.
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Posted by admin | Under economy, events, news, opinions, world
Monday Mar 5, 2012
Kick-off auditions today by the Higher Audiovisual Council (CSA) of candidates for six new free DTT channels. The wise will consider 33 draft lines, from both large media groups as mere associations. Team HD, sports newspaper chain, is the first to be presented on Monday morning. Honey HD channel project for women of NRJ Group, will close the hearings on March 14. The selection of the top six will be known in mid-March for an effective start chains expected to fall.
The candidates will each have 45 minutes to convince the nine members of the CSA. Most cases are planning to develop channels, some of which already exist. Among the suggested topics: the nature and animals (TV Friends of the 30 Million Friends Association), the art of living (or Via Stylia), religion (Catholic channel KTO), theater and entertainment (L NWE rm-TV), music (Ofive TV) and even French excellence (Cocagne).
TF1, M6 and NRJ each have three projects
Large groups of television and radio will be very present during these hearings. TF1, M6, NextRadioTV (RMC BFMTV …) and NRJ Group will each present three projects. The group will present its TF1 channel dedicated to the art of living Stylia and a home shopping channel (Trends 24) and another devoted to fiction TV (HD1). M6 also offer a shopping channel (Shop & Co) and two projects at this stage undisclosed (Hexa and 6TER). The group of Alain Weill, NextRadioTV, will defend his side of his proposed RMC Sport HD sports channel than face Team HD, which officially supported by the National Olympic Committee and French sports (CNOSF), but also a RMC Discovery documentary channel, in addition to its economic news channel BFM Business. As for NRJ Group, he will detail his chain for women Girl HD, a channel dedicated to youth (My NRJ) and another on the heritage (Nosta the TV).
In the press sector, another project supported by the Nouvel Observateur group, associated with Fleurus Presse and Media Participations, bet on creating a chain of knowledge (360 TV). For its part, Lagardère Active TV it will defend the case. Finally, Pascal Houzelot, the founder of Pink TV will present tYou, defending a string of "diversity" and its capital account in Francois-Henri Pinault (PPR), Xavier Niel (Free, BBC), Matthew Pigasse (Les Inrockuptibles BBC) and Jean-Charles Naouri (Casino).
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Posted by admin | Under business, economy, money, news, opinions
Saturday Mar 3, 2012
Gerard Larcher could have done without the public release, two weeks ago, Francois Fillon, who suggested to redirect some 31 billion spent annually on training unemployed only.
"I lie to you if I told you that I have not complicated the task," says the former chairman of the Senate to which the Prime Minister has given two months in late January to lay the groundwork for a "radical reform "vocational training system. Job seekers do not enjoy today that $ 3.8 billion on training 31 billion spent each year. A drop of water
.
The four "priority objectives" set out in its letter of engagement are clear. This is to "orient vocational training to those who need it most, including job seekers," and "encourage companies to better train their employees by allocating adequate funds." The former Minister of Labour intends to not vary from its roadmap. It continues its hearings until mid-March and will report – "an aid to reflection for the future majority" – early April. "We must adapt our discourse and practices in modern times, he says the Figaro, mid-term. Vocational training was forty years ago a tool of social advancement and has become over time a non-aid decommissioning and an insertion tool. "
For now, Gerard Larcher wishes to move three points. First, to increase from 10 to 40% the share of unemployed trained and adapt their training to real business needs. "We must territorialize reflection and ensure that the curriculum really coincide with skills needed in employment areas," he insists payday loan lenders. Second, transform-Opca that collect money from training to companies in-prescribers. Third, rationalize expenditures. "We have a problem of cost effectiveness of certain formations, Judge Gerard Larcher. It is possible to redeploy, constant envelope, misused funds to training resulted in strong. "
Reform of the representative employers
Although this is not part of its roadmap, Gerard Larcher also intends to make proposals on the financing of trade unions and professional. Publication on the sly "real fake" Perruchot report on money management and trade unions-which confirmed "without suggesting any solution" that some organizations were shooting some of their resources-training convinced him to go in this sense. "There's too much unsaid and too known on these subjects, he despairs. I can not propose lines of education reform without addressing the issue of funding of social dialogue and propose ways of evolution. "The former second officer of the State should also suggest a reform of the employer's representative, in the vein of that which was implemented in 2008 for the unions, based on the election.
As for the referendum issue, raised by the President to remove "blockages" that are sure to respond to the outcome of discussions on vocational training, Gerard Larcher's not. "I believe in intermediate bodies, they are useful," says he, laconically.
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Monday Feb 27, 2012
The riposte was swift. Hours after the publication Saturday in Le Figaro in an interview with Philippe Houze, the boss of the Galeries Lafayette, a 50% shareholder of Monoprix, Casino has been keen to dot the "i". "We have never been and we are not our vendor 50% stake in Monoprix," says a spokesman for the group Saint Etienne.
Monday afternoon, the Board should reject the casino proposal Galeries Lafayette to sell half of Monoprix to 1.35 billion euros. And refuse to buy back that share the same amount.
"If the Galeries Lafayette wish to sell their interest, as seems to be the case, the Casino is ready to buy, says the spokesperson, but at a fair price based on realistic financial assumptions taking into account economic conditions and recovery current distribution undertakings. "
Last week, the co-shareholders have made public their disagreement over the valuation of the interest in Monoprix and Galeries Lafayette: 1.95 billion euros according to the group of department stores, 700 million according to Casino. This gap abyssal puzzles many observers. "Most analysts believe that the participation of Galeries Lafayette is 1.1 to 1.2 billion euros", says one expert dossier.
The two shareholders have adopted diametrically opposed calculation bases. The Galeries Lafayette is part of the business plan for three years conducted in the fall through the management Monoprix, which provides a 40% increase in EBITDA (EBITDA) of society. Casino side, it is estimated that this plan can be the basis for an assessment and it is emphasized that the Ebitda Monoprix stagnant since 2008, a sharp increase in the coming years is not credible. With McKinsey, Casino has worked on more conservative assumptions.
"Violation of agreements"
These persistent differences complicate the work of JPMorgan, the bank chosen for the tie. According to the Galeries Lafayette, Casino would like the bank is working solely on the basis of the McKinsey report. That refutes the group St Etienne, where it is said that the Galeries Lafayette want to limit access to the leaders of JPMorgan Monoprix. Conservative, the bank does not seem ready to make its own forecasts on the evolution of the activity of Monoprix no fax payday loans.
Pointing to Pessimism, McKinsey, Philippe Houze, also president of Monoprix, Casino accused of "not believing in the future" of the sign. Reaction was seen as insulting. "It's as if we accuse of having raised prices to inflate the results of Monoprix," protested there be at Casino. The group "rejects these false accusations, confirms its commitment to Monoprix and reiterates its confidence in the management and employees of the company."
A spokesman for Casino also ensures that the decision of the Galeries Lafayette to extend by one year the mandate of Philippe Houze as head of Monoprix is "a frontal violation of agreements." In the entourage of the group St Etienne, it ensures that the owners of the Galeries Lafayette, Monoprix very attached to, have long sought to Casino to abandon its purchase option, before changing his opinion in December, faced with its commitment to take control of the sign. "Then they considered they had an incentive to sell quickly, Monoprix likely to be challenged by the arrival of other signs in the city center and the site-private sale of its textile department," says a close case.
Casino, which publishes its results Tuesday 2011, should recall at this juncture that the partial withdrawal of its subsidiary Mercialys should bring him 800 to 900 million euros in the coming months. Funding for a possible takeover of 50% of Monoprix would be no impact on its debt. Such an operation could easily be done in parallel with the takeover of Pao de Acucar, the Brazilian subsidiary of Casino, on 22 June. The group will then only pay $ 10 million. Finally, if the status quo were to continue on the control of Monoprix, unable to consolidate this subsidiary in Casino's accounts in 2013 "would have only a limited impact on operating profit of the group and would not change the net minority interests, "argues an expert in Casino.
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Posted by admin | Under Uncategorized, events, news, online, world
Thursday Feb 23, 2012
There is one who has been lucky. Mining giant Rio Tinto said it had discovered a pink diamond of 12.76 carats in a mine in Western Australia. This is, to date, the largest diamond discovered in the country. "A diamond of this size is unprecedented, says Josephine Johnson, Manager of Argyle Pink Diamonds division. It took 26 years of operation to retrieve the stone and it is possible that we find in no other like this. "
The valuable discovery was named Argyle Pink Jubilee in reference to the name of the mine (Argyle) and the sixty-year reign, says, "Diamond Jubilee", which is celebrating Queen Elizabeth II.
Next step: cut and polish the stone, a delicate task that should take ten days. How Richard Kim Kam, in charge of the operation, already trembling, "I'll take care of it. I know that the world will look. "The diamond is then evaluated by a team of international experts and exposed before being sold.
Pink, more valued than white
Rio Tinto is kept for the moment any estimate on the price of wonder, but said in a statement that the high quality pink diamonds could exceed $ 1 million per carat. More than $ 10 million (7.6 million) for it.
It must be said that the diamond market is resisting rather well and that it is a pink diamond, which can be up to ten times more valued than white. In November 2010, a 24.78 carat diamond Pink has been awarded to more than $ 46 million. An unprecedented amount for a diamond and jewelry and is far ahead the previous record of $ 10 million for another pink diamond.
Nearly 90% of pink diamonds discovered in the world come from the Argyle mine in the Kimberley region, says Rio Tinto. Stones the size of Argyle Pink Jubilee usually go to museums, the royal family or are auctioned in houses like Christie's. The latter has in fact sold only 18 pink diamonds over 10 carats in its 244 year history, said Rio Tinto.
The discovery of the pink diamond on Australian television:
VIDEO: Rio's biggest pink diamond gets the cut
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Posted by admin | Under economic, economics, news, online, people
Thursday Feb 16, 2012
This is a recurring complaint of local elected officials: the proliferation of standards on the environment, urban planning, accessibility of the disabled, or food in school canteens, leaden local finances. The bill would be about 600 million euros a year, according to the advisory panel for assessment of standards (NECC). The moratorium on standards established by the government since July 2010 has been ineffective, he had to find new weapons. Among them is the proposed law (PPL) of UMP senator Eric Doligé, a proposal that was discussed Wednesday in the Senate. The text can not pass the Assembly before the legislative elections of June 2012. But at the very least, the process is launched.
The main idea of the PPL is that standards may vary depending on community size. "It is absurd that the buildings of kindergartens in Paris, located on several floors in a building, have the same standards as local nursery in a small town, which are on one level," says Eric Doligé. The text also proposes to address the 400,000 current standards. The NECC would consider this stock, including devices older than five years and propose simplifications or deletions. The government would be required to indicate, within six months, the follow-up.
Step
The PPL also creates an instance of mediation departmental standards and simplifies certain procedures, particularly in the field of urban planning.
For Eric Doligé, this text is a first step. Once the elections are over, the senator wants to put on the table the 2005 law on disability law that forced utilities to make all buildings accessible to disabled people in 2015. "The cost of work – 17 billion – is too high to communities," said Eric Doligé.
His solution? Make the service, not local, necessarily accessible. "The employee asked the public service would come down on the ground floor to meet the disabled person. City Hall would no longer need to install a lift or other special equipment, "says the senator. Still, this subject is highly sensitive, both politically and humanly. Another idea, often mentioned, would increase the powers of the NEAC, to give this advisory body veto power. Gilles Carrez, Rapporteur UMP budget to the Assembly, is favorable.
The NECC could finally block orders it considers absurd. Such as the recent decree stipulating that social and medico-social will offer four to five dishes for each lunch or dinner to their residents, dishes that need to be tailored to their tastes and habits!
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