Posted by admin | Under economy, events, news, online, people
Wednesday Mar 10, 2010
Hesitation waltz yesterday at the Paris Bourse. After being undecided, the CAC 40 has finally risen from 0.17% to finish at 3910.01 points. Everywhere in Europe, stock markets have evolved sawtooth almost the entire session. At the finish, the indexes have ended in no particular order, the FTSE in London lost 0.08% while the Frankfurt Dax gained 0.17%.
The Paris market has recovered very end of the session, thanks to a small recovery on Wall Street. The NYSE, which also lacked enthusiasm in the morning after his fine recovery in recent days, trying to take a step forward at mid-term.Shortly after the close of European stock exchanges, the Dow Jones advanced 0.19% and 0.41% on Nasdaq.
While the pressure on the issue of debt Greek gradually eased after the successful launch of its loans, Fitch has rekindled concerns about the market deficits pointing to management by Portugal's budget deficit.
Banks in trouble
The rating agency said that a worsening credit rating of the country was "not excluded" bad credit payday advance . The market was also dampened by a load of the other major rating agency Moody's, against British banks.Analysts at Moody's explained that many of these institutions could see their grades degraded "to run if they failed to significantly improve their financial strength."
In Paris as elsewhere, banking stocks were immediately plunged into the red. Crédit Agricole has finally lost 1.41%, 1.49% Societe Generale and BNP Paribas 0.51%. Natixis fell by 0.78% and 0.93% of Dexia. Bad passes also for EADS. The group announced a loss of 763 million euros in 2009 after deciding yesterday to throw the towel in the race for tanker contract from the U.S. Army. The stock has lost 2.80%. Among the few increases in the day, Areva has distinguished (+ 3.59%) while held in Paris an international meeting on access to civilian nuclear power, the great specialty of the French group.
Posted by admin | Under Uncategorized, finance, life, money, news
Tuesday Feb 9, 2010
Automotive suppliers will even remove tens of thousands of jobs in 2010. This is reflected in the report prepared as part of the Committee in Support of subcontractors motor development by Christian Estrosi last September, whose findings were released last November. In the newspaper Les Echos this Monday, we learn that it is 40,000 to 50,000 jobs are threatened in France.
Currently, industry professionals, such as Michelin, Valeo and Faurecia still revolve overstaffed by about 25,000 jobs to outsourcing and 14,000 for the equipment of one rank, that is to say those who deal directly with major manufacturers."By adjusting the calculation from the future evolution of automobile production lights and possible productivity efforts, the Task Force falls even on an estimate of 40,000 to 50,000 jobs too," reads in columns the business daily.
The job cuts have already begun. Already, in late December, all suppliers were documenting 265,000 employees, or 35,000 fewer than in 2008, and 55,000 fewer than in 2005. Plans starts or closings of sites, almost all companies have downsized.
Positions on an ejection seat
Thus, 2010 will be another year of unrest in the area. Last year, pressure from Molex or Continental was rising power.
According to the Committee Estrosi, all branches, with the exception of the forge would be affected.The report mentions the possible disappearance of 7 out of 10 jobs in the molds and tooling in just two years, reports Les Echos. In rubber, overstaffing are estimated to 5,300 jobs from a total of 46,500.
The radar screens already viewing site closures. As the unit of Plastic Omnium Sandouville or that of Noyelles les Seclin Michelin.Furthermore, Visteon should further reduce its workforce, for example on the website and that of Gondecourt Renault Flins.
Moreover, the stress that a reorganization Echos – Meeting of the eleven branches in three areas – at Valeo lead to further job cuts, especially "in the administrative and executive officers," according to a coordinator CFE-CGC.
Ways to do better
This commission set up by Christian Estrosi, comprising manufacturers, suppliers, subcontractors, trade associations, research organizations, trade unions and elected officials, was intended to provide short-term measures to support sub-contractors in trouble, d 'solutions to better anticipate and better support the structuring of the industry .
Following the presentation of findings, Christian Estrosi and had announced last November some measures. Since the creation of a fund within the Fund for the Modernization of Automotive (FMEA) for sub-contractors of rank 2 and up. It especially allows easier access for SMEs (Small and Medium Enterprises) of the automotive industry to 2 billion euros managed by OSEO and the ISP for the strengthening of equity or quasi equity, established under the plan SME financing.
On the accompanying measures of economic and strategic changes, the state funding of strategic diagnosis for SMEs in the sector is provided for those who request it. Also, a platform or "stop" will be formed under the auspices of the Prefect, to inform SMEs.In addition, a working group on employment trends in the automotive industry has been launched. As a "scientific board" to provide a technical and manage the excess capacity of different sectors.
Regarding measures related to innovation, the government called for better coordination between clusters Motor (MOVEO, ID4Car, Car of the Future).
Christian Estrosi had said in late November that he was "very attentive to the establishment of partnership relations with all suppliers, large or small. A similar quality and price, was the preferred logic ecosystem around local produce suppliers.
The Exchange requested evidence
At the Paris Stock Exchange on Monday, Michelin lost 0.9% to 53 euros, Valeo drops 1.9% to 22.2 euros, Faurecia coward 1.33%, to 14.4 euros and sells Plasctic Omnium 1 13% to 25.4 euros.These companies sign strongest stock declines in the automotive sector.
For Paris-based analyst, "this plan is good news for the French automotive industry because it sends a strong signal of government support." He said he especially aims to create a shock in the short term."In market terms, it is likely that this plan has already been partially played, and he must demonstrate its ability to limit the drop in auto sales scheduled in the months to come," he said.
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Posted by admin | Under Uncategorized, economy, events, opinions, world
Thursday Feb 4, 2010
Run on electricity, that's fine. Able to recharge its batteries at lower cost and across Europe, it would be even better. This should be discussed at the Council of Ministers Franco-German held this Thursday. The industrial stakes are high, one that will impose "its" Standard for recharging points will be a step ahead. Schneider Electric intends to play this card against his rivals, the French SME in the German equivalent of EDF, RWE, through the Italian or Chinese groups.
The stakes are high. Primarily economic. By 2015, automakers estimate that 10% of French Park, 3 million cars will be electric. To ensure mobility, it takes at least 2.5 terminals per car. Schneider considers prudent in this market "several hundred million euros" for France.But the group is also Europe and the United States, a potential billion.
The second challenge will be to ensure a "green" power users of electric vehicles. "If we must give way to coal fired power plants when everyone recharge his car returning home at about 19 hours, the environmental challenge will be lost, schematically Philippe Delorme, Chief Strategy and Innovation at Schneider Electric. The challenge remains to bring to market vehicles "carbonizing, then using renewable electricity (wind, solar or nuclear). To avoid these peaks of consumption will require that the electric charging stations are able to interact with the network, identify the peak hours and recharge the batteries during these periods.Of course, there is no question of forcing drivers to plug their car between midnight and 3 am, but rather to encourage them with a display of the estimated cost of recharging. "The limits of public support will display two options, a slow charge, for four to six hours at optimum cost, a fast charge, in about thirty minutes, but probably more expensive," said Philippe Delorme instant payday loans .
4.4 million terminals in 2020
These famous terminals will be installed in car parks, private or public, on public property, in columns of 1.5 m, but also in homes. At home, they have the size of a "computer briefcase, with promises be an effort to ergonomics and design. Their installation will require an adaptation of the electrical installation.Recharge a car battery does not require the same amperage as plugging in a toaster! This installation should nevertheless be accessible on the order of 500 to 1 000. An investment that can quickly be profitable if one considers only 3 euros for electricity should be able to run 300 kilometers, cons twenty euros with a heat engine for the same distance.
For its part, the Government has already announced a 1.5 billion euro investment for the installation of 4.4 million terminals in the territory by 2020.
"Under the aegis of Jean-Louis Borloo, Minister of Environment, a working group is studying the establishment of a standardized European solution," said Philippe Delorme. It is a car built for the French market can be recharged in Germany. "This issue goes beyond the issue of compatibility of electrical outlets.Charging a car battery will involve many functions of "dialogue" with the loading terminal, even if only to determine its energy needs.
It will also be able to choose between a slow charge, softer to the battery, and a rapid and determine the cost of the operation. Other points are still under study, such as taxing to the terminal of the new "fuel."
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Posted by admin | Under features, money, opinions, resources, top news
Monday Jan 25, 2010
The Californian partner Renault in electric cars have passed a nice round. Better Place has in effect said on Monday it has raised 350 million dollars, 247 million euros.
The deal values the company at 1.25 billion dollars. It should enable the company to "grow internationally," according to its CEO Shai Agassi, quoted in a news group.
It was underwritten by HSBC, Morgan Stanley Investment Management and Lazard Asset Management, and must be closed during the first quarter. In its statement, Better Place is pleased to be among the major investment of its kind conducted by HSBC Business Card Design . Having spent 125 million dollars, nearly 90 million euros, HSBC is the largest investor in this transaction.The bank will take 10% stake Better Place, and put Kevin Adeson, head of global financial transactions, within the executive committee of Better Place.
Better Place will install networks of charging infrastructure for electric vehicles. Through its partnership with Renault, Better Place aims to commercialize a nombvre minimum of 100,000 cars in Israel and Denmark by 2016.
Posted by admin | Under economics, events, life, news, world
Monday Jan 18, 2010
A rebound in perspective. The Paris Bourse is scheduled to begin this week in the green, having closed sharply lower Friday. After pointing downward, the future will resume within minutes of opening. The CAC 40 gained 0.53% to 3975 points.
This morning the Asian seat ended in a steep downward trend. The Nikkei lost 1.16%. The disappointing results from JP Morgan affect the morale of investors who doubt the health of the banking sector. Friday, Wall Street had already set the tone by closing on a negative note. On Monday, the U.S. places are closed due to holiday.
No macroeconomic statistics that could reverse the trend is expected.
Renault under the microscope
As for values to follow, Renault is expected to turn.Group CEO, Carlos Ghosn, announced Saturday that the new Clio 4 will be made to Flins (Yvelines) and Turkey, without giving further details on the distribution of production at both sites. The reaction of Peugeot will also be expected.
According to the British press, GDF SUEZ is considering a reconciliation with Britain's International Power. The transaction details are not mentioned.
Louis Welsh, CEO of EADS Sunday welcomed signs sent by the client countries of the military transport aircraft Airbus A400M.The France had announced it planned to discuss the cost overruns of the project therefore would not be abandoned.
Air France KLM would react Exchange after publication in the Japanese press of a rapprochement between Japan Airlines (JAL) and Delta Air Lines, which should lead JAL to join the SkyTeam alliance, which includes Air France-KLM.
According to the Tribune, Axa interested in a stake in the giant Russian Aluminum Rusal, which is listed on the Stock Exchange of Hong Kong and Paris (Euronext) next week. Rusal hopes to raise 2.6 billion dollars (1.8 billion) through its entry into the market.
Accor CEO Gilles Pelisson said in an interview with Journal du Dimanche that the group should not be separated from its brands Sofitel and Motel 6.He said the resumption of the hotel market will slow in the first quarter of 2010.
The luxury goods group Compagnie Financiere Richemont announced Monday before market turnover exceeds expectations in the third quarter of 2009/2010. The latter rose 2% to 1.585 billion euros, while analysts expected a decline. For the current year, Richemont gave no forecast
Aeroports de Paris (ADP) after market must publish its traffic for the month of December.
At 18h, Casino and Mercialys publish their figures for the fourth quarter while Soitec unveil his own in the third quarter.
Posted by admin | Under events, features, finance, people, technology
Thursday Jan 14, 2010
PC producers smile again. According to Gartner, it has sold nearly 306 million computers worldwide in 2009, against 302.2 million units in 2008. An increase of 5.2% in one year. In November, the firm analysts foresaw growth of 2.8% this year. This recovery was mainly driven by a surge in sales of 22.1% over the fourth quarter alone. While the basis of comparison is largely favorable. The global economy plunged into crisis a year earlier, with only 78 million PCs sold in the fourth quarter of 2008 (+1.1% over the same period in 2007).
Today, all regions of the world leave more beautiful. "The United States and Asia-Pacific had already been positive indicators in the third quarter, but fourth quarter results give more evidence of a global recovery," said Gartner analyst Mikako Kitagawa.For the first time in three quarters, in fact, the regions Europe, Middle East and Africa were up in the fourth quarter.
Redistribution of cards
A recovery has been particularly successful in producing Taiwanese Acer. The latter took the opportunity to eclipse Dell's second largest computer manufacturers in 2009, after flying his way to his American rival in the third and fourth quarters. Over the year, Acer has sold 39.897 million in total PC, a jump of 29.4% which enabled him to capture a market share of 13%. Dell, meanwhile, reported sales of 37.355 million computers over the year, down 9.1%. Its market share fell to 12, 2%, against 14.1% a year earlier.
The battle for second place does not seem to affect Hewlett-Packard, anyway. The American manufacturer is sticking to its first place. And by far.The world has sold 58.947 million computers in 2009, registering an increase of 11.3% comfortable compared to 2008. HP wins a market share of 19.3% (against 18.2% last year).
Sales from consumer PCs and cheaper
According to analyst Gartner, HP, Acer and Toshiba, the fifth largest producer with 15.495 million computers sold in 2009, received a "strong consumer demand." The business market, it remains uncertain. This is not the business of Dell, which has mainly specialized in selling office equipment. Finally, Mikako Kitagawa highlights the success of the cheapest PC. To demonstrate the success netbooks, often sold at less than 300 euros, continues unabated.Finally, the launch of the new operating system Windows 7 to fall was a great marketing coup for the holidays.
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Posted by admin | Under Uncategorized, economic, international, online, special
Friday Jan 8, 2010
INFO FIGARO – As data traffic on mobile explodes, Bolloré Telecom, WiMax champion, believes more than ever the future of broadband Internet wirelessly. Reportedly, the company, a subsidiary of the Bollore Group, has just bought the operator Altitude WiMax licenses of Alsace and Burgundy regions. With this investment, Bolloré Telecom, chaired by Dominique Roux and directed by Marc Taieb, now holds WiMax licenses throughout the country.
In 2006, the company had already won 12 regional licenses for 78 million euros after an extensive bidding. Then in June 2008, she had acquired from TDF's WiMAX licenses in 8 regions.With the two licenses that it just bought at Altitude, Bollore Telecom won the Grand Slam: he is now the only operator with Free, to have national coverage.
In 2006, the telecom regulator (Arcep) was awarded two WiMax licenses by region. Besides Bolloré Télécom, SFR also holds WiMax licenses in two major regions: the Island of France and Paca, Altitude is always a dozen, and several regional councils as they are in Burgundy, Corsica, Brittany and Poitou Charente.
The deployment of Wimax has been delayed, as is often the case with new technologies in telecommunications. But many traders remain convinced of its usefulness. First to cover areas where we can not put fiber optics. WiMax can provide broadband signal wirelessly to institutions (stations, airports, marinas, universities …).It already provides mobile functionality can be later mobility. This technology will also certainly be additional frequency bands classic mobile (3G, 4G …) which, given the explosion of data traffic, arriving almost a saturation in some cities. Finally, the technology of the wireless Internet is extremely useful in developing countries: while they have no or little wired network, WiMax is affirmed to be the best way to bring Internet.
Posted by admin | Under features, online, opinions, resources, special
Tuesday Oct 20, 2009
MPs begin Tuesday in plenary review of the draft budget law for 2010, amid record deficit. Nothing says that the extra growth – the government speaks with a GDP increase of 0.75% to 1%, while the budget is built on a figure of 0.75% – will change all that. But it's finally on other issues that the debates promise to be agitated in the Chamber, as the tax shield and business tax. The controversy during consideration of the text of the Finance Committee gave a preview! The project will then move to the Senate before final adoption in December.
■ The tax shield dispute
At a time when deficits fly, this device is increasingly challenged even within the majority. Why? Because, by definition, the beneficiaries of the shield to escape any tax hike.The tax shield in effect allows a taxpayer to cap the amount of taxes and charges, including CSG and CRDS, 50% of its income. Amendment of UMP deputies Warsmann Montchamp and offers out of the CRDS shield. A two-stage strategy: its authors do not hide that, if passed, the goal is then to propose during the budget "Safely", raising the CRDS to repay part of the social debt of 2009 and 2010. Still, this scenario is unlikely. For the Elysée refuses to touch the shield. "We will rally the troops," said the entourage Gilles Carrez, UMP general rapporteur of the Finance Committee of the Assembly.Last week, this body has rejected narrowly, an amendment of the New Center to remove the CSG, CRDS and local taxes shield.
■ Shooting together on niches
The centrist MP Charles de Courson propose an amendment to the capital gains from sales of securities are subject to tax on income from the first euro transfer, and not from 25 730 euros. But Gilles Carrez wants only the CSG and CRDS apply the first euro. Stay tuned also: the carried interest, that Charles de Courson wants to tax on income. It is the share of capital gains made by investment funds back to their leaders. Furthermore, proposals abound to lower the overall ceiling of tax loopholes (now at 25 000 euros plus 10% of income).Gilles Carrez should dam.
■ Imbroglio around the "tax pro"
Its abolition is unanimous. But the distribution of levies to replace the "tax pro" turns puzzle. The Finance Committee of the Assembly has cleared the ground, expanding the basket of revenue assigned to municipalities. The associations of local elected officials are not yet satisfied. Charles de Courson propose an amendment to the department recover a share of CSG. An idea rejected by Bercy.
■ A carbon tax consensual
This is another great innovation fiscal 2010: a "super TIPP" to encourage them to consume less energy. Ironically, critics have quickly vanished on the same principle. The amendments concern and should instead focus on compensation to households and certain sectors such as agriculture.But what changes will be marginal.
"Tax Shelter: Eric Woerth opened a new overall ceiling
The "fad" of the most influential parliamentary budget
Philippe Marini, UMP general rapporteur of the Finance Committee of the Senate Appropriations photo: Le Figaro