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The European stock markets in a fragmented, Paris in the green

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.


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CGT strike against the port reform

Tuesday Jan 5, 2010

At the risk of scaring a few more customers of the French ports, the CGT chose continuity in strategy from one year to the next … After a one-day strike on 6 November and a strike overtime from that date, the association of ports and docks union's relaunch its action against the port reform, passed in Parliament July 4, 2008. The CGT called employees of large seaports, where it has a majority, with two strikes of 24 hours this Monday and next Monday. This should lead to a new terminal block of the seven major French ports.

"The answers we received were not likely to reassure all ports, the federation called to amplify the movement," says the union, whose representatives have met with Transport Minister Dominique Bussereau ago weeks.

For the CGT, the "Recovery Plan ports" of the government aimed to "privatize the autonomous ports. "Where are the development projects of traffic? Where are the 30 000 jobs that were created? "Asks the union. For the latter, the only concrete project since the passage of the reform, the LNG terminal Verdon Bordeaux, has been barred by the government.

Business bloodless

More importantly, the union opposes the measure lighthouse, the transfer of cargo handling activities (cranes and personal) of major ports to private companies, for which the procedure is being per-port basis.Given the crisis that has severely affected the sea traffic, the time would be particularly ill-chosen, the union argues: "The operators and major arms, which are the major claimants of this reform are now dying and unable to lead the transfer of tools and secondment of personnel. "

In Marseille, one of seven ports affected by the reform, Pascal Galeota, general secretary of the CGT major seaport, boasts a "moratorium to reinforce the activity, while the government seems determined to keep on schedule to be in order walk as the recovery will occur.

But the CGT leader Marseille insists: "We feel that nobody knows where we go." Reform is much more complicated to implement due to poor economic conditions, "said union leader, who refuses" transfer deficit bloodless enterprise. The question is whether these blocks are the best way to help businesses affected through this difficult period …

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The Port of Marseille tries to complete its reform


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France: the debt exceeds 75% of GDP

Wednesday Dec 30, 2009

The gross public debt (government, social security and local authorities) continues to rise. At the end of the third quarter, gross debt under the Maastricht amounted to 1457.4 billion, up from 29.4 billion the previous quarter, according to figures published by INSEE on Tuesday. "Expressed as a percentage of GDP, it is approximately 75.8%, up 1.9 points," says the National Institute of Statistics. In the second quarter, the debt had reached 73.9% of GDP.

The increase over the period, less than that observed in the second quarter (61.1 billion euros), was driven in particular by the increase in debt of the state. To finance the budget deficit, the state has cut its debt of 23.4 billion euros.The debt has also funded a stake in the Company making state participation in a French bank, Crédit Agricole 3 billion, INSEE said.

The social security funds have also contributed to the increase in gross public debt to the tune of 5.9 billion euros, "particularly as a result of increased indebtedness of the ACOSS (3, 9 billion euros), "details the INSEE.

The government has included in his bill to finance the debt was still progress to 77.9% of GDP at the end of the year. In 2010, it expects debt to 84% of GDP, without taking into account the large loan.

Moreover, net public debt, which includes cash and short-term is highest increase over the period, the gross debt.It was heavy with 57.1 billion euros over the second quarter, rising late September to 1331.5 billion. In case a "sharp decrease in cash of the State (-28.3 billion), returning to a level close to that of a year ago," said INSEE.

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»VIDEO ANALYSIS:" The markets can absorb for the moment the debt "


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Airbus over Boeing in terms of net orders

Saturday Dec 5, 2009

In the duel that pits the Air Europe to the United States, the advantage after the first eleven months of 2009, returns to the Old Continent, represented by Airbus. The aircraft manufacturer, the main division of European aerospace group EADS said Thursday it had recorded 225 orders since the beginning of the year and suffered 31 cancellations, a total of 194 net orders. On the side of Boeing, announced on November 24 last a net balance of 91 commands. The American group, behind more than two years on its proposed 787 (or Dreamliner) had received 204 orders in the first 11 months of the year but suffered 111 cancellations, all fleets.

The initial objective of Airbus, which was to achieve a balance in late 2009 from 300 gross orders, however, should not be reached. The exhibition in Dubai, held in November, has enabled the aircraft manufacturer to fill its order book.From January to November, Airbus announced that he had delivered 437 aircraft and is still on a table delivery of 490 aircraft, is about the same as last year. Until now, seven models of the A380 superjumbo has been delivered while the group still hopes to deliver 13 jumbo versions of their own this year. But he admitted that one or two deliveries could occur in early 2010.


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Morano wants to improve the display on violent video games

Friday Nov 27, 2009

The signs shown on video games is too little known and not visible enough by the Secretary of State for Family, Nadine Morano. Such written statements and pictograms should enable parents to identify the particular minimum age recommended for each game and its degree of violence. "We see too many young people have easy access to shelves of video games most violent, most dangerous and which are not of age and pass without any difficulty to cash" deplored Nadine Morano Thursday on RMC / BFM .

Logos PEGI (Pan European Game Information, http: / / www.pegi.info/fr/) are not mandatory but all three major console manufacturers (Sony, Nintendo and Microsoft) do not play these unstamped European symbols in their catalog.They lay one hand a minimum recommended age (3, 7, 12, 16 and 18) and may also include potentially offensive content (violence, coarse language, sex …). So far only 4% of the games listed are recommended for over 18 years, against 12% for over 16 years and 24% for over 12 years. But this classification is only for information purposes only, with no binding and it is still very poorly understood by parents. While virtually all of 6-17 years practicing video games, only 21% of parents know the signs PEGI according to an Ipsos.

In this context, the secretary of state for family wants better information for parents as well as in-store packaging or on the internet for online sales.Furthermore, she asked that the information referring to the risk of epilepsy for players who stay too long behind their screens are visible on the packaging. In turn, in a statement, the union of the publishers of entertainment software (SELL) "surprised at the positions of the minister who go against the European trend. Considering about Nadine Morano as "a repudiation of the work carried out over the years by professionals in the game, the SELL stresses that" the development of new signage could upset consumers who are accustomed to standards PEGI " .Believing he had been hitherto neither listened nor heard by the Minister's Delegate General SELL Jean-Claude Larue complains: "Nadine Morano stigmatizes these digital entertainment with high potential without apparently having studied the matter seriously."

As for the National Union of Family Associations (UNAF), she believes it is important to build on the PEGI logos and raise awareness. "The signage could probably be improved, says Olivier Gerard support new technologies to UNAF, but it is essential to help parents to decide and justify whether their decision to buy a game" for go further in the discussion and discuss the game in all its aspects the association has launched with eight other partners a section dedicated to him on his sitewww.pedagojeux.fr.


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