Like its French counterpart and rival PSA Peugeot Citroen, Renault has found the way of profits under the first half. The manufacturer headed by Carlos Ghosn said Friday sales up 23.1% in the first half of the year. The manufacturer recorded a net profit of 823 million euros, against a net loss of 2.712 billion euros a year earlier.

The group's operating margin reached 4% of turnover to 780 million euros.Renault also released a free cash flow positive at 1.4 billion euros, which remains the "principal purpose" of the group in the second half as Carlos Ghosn, president and CEO of the group.

Renault worldwide sales rose also by 21.7% and its global market share of 0.15 percentage points to 3.8%.

While claiming to be cautious "in an unusually uncertain," Renaut listing provide a "global marketplace in 2010, up about 8% compared to 2009, despite a drop in European market estimated between 7% and 9% compared last year.

The chief executive of Publicis can be satisfied. The third group global advertising has emerged in the second quarter of fiscal 2010 to grow its turnover by 7.1% (in organic). A much stronger dynamism during the first three months of the year (revenues had increased by 3.1%).

Such performance allows Maurice Levy to display his full confidence for the full year 2010: "I am confident that Publicis will outperform the market in terms of growth and the level of last year margin will be floor, "he said, thus raising its objectives. In other words, the turnover of Publicis will rise by more than 3.5% organic growth over the twelve month period according to the latest forecast of ZenithOptimedia, the global ad investment is expected to grow by 3.5% ( target revised upwards twice). And his margin will be above 15%.

In the first half already, organic growth amounted to 5.3% to 2.538 billion euros, its operating margin to 14.5% and net income jumped résutlat 27.5% over the same period 2009, to 213 million euros.

The digital and emerging line of sight

"This growth is the result of a strategy that produces effects positifis and regular," says the boss, first "because it grows with our customers, we grow with them and other customers are attracted by the followed by Publicis, and also because the group has put its weapons into the digital world. "Digital is our priority and this activity, one that grows the most, permeate the entire group," he decrypts, including content that become paying on the Internet and the development of tablets in general.

And also because the band has pushed themselves pawns in emerging countries, where "the dynamism should continue also in 2011 and 2012". The first half of 2010 in any case, the turnover generated Publicis Asia Pacific grew 6% to 286 million euros and 10.8% in Latin America.

In the U.S., it reached 1.258 billion euros (+6.6%) thanks to a favorable currency effect, and the importance of the contribution of health activities and digital activities, which represent 42.5% of income from this region.

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The report Roussely "makes everything from scratch," says one minister who claims to have read the full version. The summary released Tuesday, which has probably erased the strongest criticism against the EPR and dissension between players of the team of France's nuclear confirms.

The EPR to review

"The EPR is unsellable!" It is the summary, very raw, made by a government report's findings Roussely. In the version now public, it says still that "the complexity of the resulting EPR design choices, including the level of power (1,650 megawatts, MW), (…) is certainly a handicap for its implementation and costs. The report recommends a "value", which will be waged not only by its manufacturer, Areva, but also by EDF.

The TTY, a new reactor

The Elysee Palace announced that the range of proposed reactor would be enlarged.The average reactor power (1 000-1 150 MW), the TDD, developed by Areva with Japan's Mitsubishi, is reinforced. And, adds the Elysee, more lenient than Roussely with atomic ambitions Mestrallet, GDF Suez will be "associated" with its certification.

Areva will not be dismantled

Mentioned a few months ago, the dismantling of Areva was quickly dismissed by Francois Roussely. Two reasons: Areva offers a complete service to its clients elsewhere in the integrated model "would spread the financial risk and ensure profitability Honourable average in every cycle," the report said.

A Department of Energy

The Elysee has not taken the number one recommendation of the report: "create a Department of Energy. Energy is currently under the tutelage of the vast Department of Ecology Jean-Louis Borloo, who claims consistency.Alternative proposed by Francois Roussely: General Secretariat of Energy. The idea is in any case that the state retains control over the sector.

Open mining Areva

The nuclear group is the largest producer of uranium in the world. This work is very consuming capital. Or Areva in dire need right now. The report mentions the Roussely creation of a new mining company in which Areva would bring its mines and it would retain a majority stake. The other shareholders could be its customers, including EDF, the first of them. Without being very specific, the head of state does not preclude such a scenario. "Partnerships for industrial mining of Areva, which may include a capital dimension, will be discussed," said the Elysee statement said.It is not clear so far whether Eramet (Nickel), 26% owned by Areva, will participate in one way or another to the mining company.

Wear the life of plants to 60 years

Francois Roussely judge that longer duration of twenty years of French reactors strengthens the economic competitiveness of nuclear power. But security will prevail on the extension.

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Aeroports de Paris (ADP) plans to renovate the terminal at Roissy and Orly airports and to begin to improve the quality of service. The group, which manages the airports of Roissy Charles de Gaulle, Orly and Le Bourget, has indeed signed on Monday the new terms of economic regulation (CRE) with the State for 2011-2015. This includes an investment program of nearly 1.8 billion euros "primarily oriented towards improving customer satisfaction, the operational efficiency and optimization of existing capacity" according to the contract.

At Roissy, ADP plans to completely renovate the terminal 2B to $ 90 million over the next five years to operate the satellite terminal 2E S4 in the third quarter of 2012. The renovation of a satellite terminal should also continue.

The group also wants to complete the connection between terminals 2A and 2C in the second quarter of 2012 and the terminal 2F adapt to accommodate a full traffic to and from the Schengen area. At Orly, the halls 3 and 4 should also be reconfigured by 2015.

Measuring the satisfaction of passengers

ADP focuses on "quality of service and improved customer satisfaction." Ten indicators are established to assess the satisfaction of passengers, including cleanliness, signage and information, but also the availability of equipment in the terminals.

Finally, EPA sets a maximum annual increase of airport charges at 1.38% above inflation.

The group has also confirmed a reduction of 2% per annum of its workforce between 2011 and 2015.

Around 14:30, as the EPA has one of the finest performances of the CAC 40: it rose from 4.40% to 56.47 euros on a market down by 0.39%.

The Indians had the Nano, the cheapest car in the world. The students in the country, they are in primary school or university, may affect next year shelf fourteen times less expensive than Apple iPad. Thursday, Minister of Human Resources and Development, Kapil Sibal, presented a prototype computer only 35 dollars (27 euros). "This is part of a national initiative to advance education," said the minister, warning that "the solutions for tomorrow will come from India."

The announced $ 35 nonetheless remains entirely at the cost of the final product, but at the cost of all its parts. What remains still far from the $ 235 materials included in the first iPad, according to estimates from iSuppli. To reach this amount, the Indian teams have bet on free software and a more conventional design.The Indian touch pad will have 2 GB of memory, Wi-Fi and USB ports. It will have video conferencing capabilities, will be able to read most common office formats, PDFs and video, and of course surf the Internet. An optional solar charging was also discussed. In parallel, broadband will be installed in all the 22,000 Indian colleges.

"Our response to the computer to $ 100"

With this initiative, the Indian government seeks to empower the world's most modern educational No checking account payday advance. The literacy rate in the country remains 63% below those of other developing countries. But the achievement also sounds like a technological challenge launched in the United States.The Indian shelf was designed by a group of academics, after that IT groups have shown little enthusiasm for such a project. "This is our response to the $ 100 computer at MIT (Massachusetts Institute of Technology), launched by the Minister Kapil Sibal said, referring to the U.S. initiative" One Laptop per Child ", whose price has finally doubled because of difficulties of large-scale production.

With this initiative, India does not want to experience the same disappointments. Kapil Sibal assures that the tablet is already "real and tangible. India is currently negotiating with several subcontractors to begin mass production. One million computers should be produced during the first phase of launch. The deployment will begin in the universities, before being extended to primary and secondary.The government could finance the purchase of computers by 50%. Ultimately, the goal is to reduce the cost only ten dollars.

The video presentation of the tablet:

Yoplait whets the appetite. The investment fund PAI Partners, the owner since June 2002 half of the capital, examines three hypotheses for the future of the world's second largest fresh dairy products, which reported last year a turnover of 891 million euros and an operating profit of 120 million. With virtually no debt, Yoplait is valued 1.3 billion euros. With several investment banks, PAI is considering a recapitalization of Yoplait, for acquisitions and a divestiture of its stake. No decision has yet been taken at this stage, given the complexity of the case.

Sodiaal launched the Yoplait brand in 1965. In 2002, the dairy cooperative (Candia, Rich Mountain), through a serious crisis, had to sell 50% stake in its branch yoghurts and PAI commit to leave the choice of leaders. Today in better health, she would regain control.Not sure it is able to spend as much cash as the only means of payment accepted by PAI. Especially as it finalizes the acquisition of Entremont. "The conditions for resumption Entremont n'obéreront not our ability to maneuver on Yoplait, Le Figaro said in February its director general, Claude Sendowski. Sodiaal has the clear desire not to leave the ultra-fresh. "

Although the maintenance of capital Sodiaal Yoplait seems acquired its takeover is not. Therefore, the output of PAI can be done if Sodiaal agrees to let his future co-shareholder control of management of Yoplait, owned by PAI contract. The investment funds and Sodiall long-standing opposition to a crucial point: IBP transfer this control along with its 50%? "The purchaser will have management control, said a potential buyer.No one will pay a high price for simply looking out the window. If this had been resolved, the assignment would be curly for two years … "

Lactalis ambush

To break the impasse, he would have agreed to cede Sodiaal stake in Yoplait. Lactalis cheese group (President, Galbani) has formed a joint venture with Nestle yoghurts, has never hidden his interest in the brand. Funds, Permira and BC Partners as it prepares the sale of Picard might be interested. The U.S. company General Mills, the largest franchisee of Yoplait for thirty years, would look into the matter. Yoplait has developed both through subsidiaries and franchise agreements. "Yoplait is the largest in the United States in France," says one at General Mills.

Pending a change in the capital, PAI and Sodiaal could agree on other tracks.Yoplait, which completed its debt, could start to borrow to buy back a portion of its capital. The company considers a prey, could also become predatory, and engage in acquisitions, for example by acquiring franchisees in emerging countries. In March 2009, Yoplait has repurchased 68.6 million shares of EUR (49%) of British Dairy Crest, in their joint venture founded in 1991, which sells in Britain and Yop Little tricksters.

In Shanghai

There are records after which China does not run. Inducted largest consumer of energy in the planet by the International Energy Agency (IEA) earlier this week, the Middle Kingdom has denied the figures of the organization Tuesday. "According to our calculations, the U.S. was still the world's largest consumer of energy in 2009," said Zeng and Yachuan, a spokesman for the National Energy Administration. The IEA estimates that China consumed 2.252 billion tons of oil equivalent last year, or 4% more than the United States. Beijing assesses its own consumption at 2132 million tons oil equivalent. Paris-based IEA said its figures were preliminary, but they draw a definite trend. For instance the Chinese, the organization's data are "not reliable" and overestimate emissions of carbon dioxide.

These statistics do not serve China, criticized by the international community for its commitment in chilly environment. Last year, Chinese leaders have promised a cleaner growth by reducing their emissions of greenhouse gas emissions by 40% to 45%. per unit of GDP by 2020. China is currently lagging behind, with improving its energy efficiency by 1.7% per year over the past decade, against 2.5% for the United States, according to the IEA.

Renewables

Despite its image as a bad pupil, the People's Republic seeks to develop renewable energy, always concerned about its growing dependence vis-à-vis imports of raw materials, especially oil online payday advance.In 2009, the government has installed capacity of 37 gigawatts additional generated by renewable energies, either the most important effort made in this respect in the world, according to the IEA. An effort record but insufficient for the required 1000 gigawatts in the next fifteen years. For Fatih Birol, chief economist of the IEA, if China wants to avoid blackouts, it will invest 4 trillion dollars in the energy sector in twenty years.

It must be said that China's needs following an exponential trajectory, with already five years ahead of schedule. Ten years ago, the Middle Kingdom was burning only half of U.S. consumption. This year, he is sure to dethrone Japan as second largest economy. And Chinese factories continue to fuel up.The Ministry of Industry and Information Technology said Tuesday that growth in industrial production could exceed 11% over the full year 2010, a figure higher than the target of the central government.

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Vacationers should take their troubles patiently Tuesday night to Thursday early morning. These three days may indeed be synonymous disrupted air traffic at major airports of Paris and the provinces, due to a strike call launched by six unions of air traffic. Disturbances should begin on Tuesday evening and end Thursday afternoon, the time that the rotations of aircraft back to normal.

The Directorate General of Civil Aviation (DGCA) has asked airlines to remove 50% of flights at the airport of Orly and 20% of those expected at Roissy Charles de Gaulle.

In a statement, Air France announced that 100% of long-haul flights will be provided, and that 80% of its flights short and medium haul routes from Paris-Charles de Gaulle and 50% from Paris-Orly. "We can not exclude some flight cancellations throughout the day.Delays will also be possible, "the company said, calling his passengers to see the information updated in real time on its site, under" schedule "and" timeliness of flights, or by phone at 3654 and SMS sending their flight number to 63654 (eg by typing: AF2062).

For now, the information is covered in a trickle. The DGAC said that a strike slogan added "stormy weather that could disrupt traffic". More details are expected early Tuesday afternoon.

"A passage in force"

The CGT, CGC, FOR, UNSA UNSA-IESS and ICNA-call for mobilization to denounce the European program for creating Single Sky FABEC, and the dismantling of the DGAC.They denounce as in January and February, the establishment by the end of 2010, a single air control operator for France, Germany, Switzerland and the Benelux countries. "The creation of such a body fusion will inevitably lead to the dismantling of the DGAC, the structure was considered to be efficient in terms of cost, security and service to users," say the unions. Moreover, "this merger will mean the de facto release of all or part of his personal services and the scope of the State Civil Service.

Following the movements of the beginning of the year, negotiations were begun with the unions and a mediator, Gilles Savary. On Monday, a final meeting of conciliation before the strike failed to find common ground. "The executives had no room for negotiation, it was a meeting for nothing," said Olivier Joffrin (CGT).The Ombudsman shall submit a report in late July but the unions are pessimistic. But the CGT denounced a "forced passage in the middle of July."

"FABEC is necessary, besides the five other countries and partners for their unions are very favorable," assures yet a spokesman for the DGAC.

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Meanwhile measure the effects of the broad financial reform approved by Congress, the giants of Wall Street continued their slow recovery. Citigroup, which had managed to exit the first quarter of 2010 after losing a total of $ 29 billion between 2008 and 2009, has confirmed his return to profits between March and June The third U.S. lender has reported net earnings of $ 2.7 billion, down 37% over a year. For its part, Bank of America, the first U.S. retail bank, posted net income of $ 3.1 billion, a slight decrease of 4%. The day before, JPMorgan had announced a profit of 4.8 billion, up 76%.

If the performance of these three giants of Wall Street have exceeded the expectations of financial analysts, they are far from convincing.The banks, in effect, save their profits fall in provisions for doubtful debts, which remain however very high levels. At Citigroup, they have a charge of $ 6.7 billion, the lowest in almost three years. For Bank of America, the drain $ 8.1 billion against $ 9.8 billion in the first quarter and still $ 16.4 billion a year ago pay day loan lenders.

Less capital raising

More than three years after the start of the crisis in the housing, the improvement of conditions in the shy USA relieves borrowers. But business remains sluggish, as evidenced by the decrease in revenues of large banks: – 33% for Citigroup – 18% for Bank of America – 7% for JPMorgan. The great challenge for these players is to reach boost their sales."It will be several more quarters to see a sustainable activity," warns Brian Moynihan, the CEO of Bank of America.

Last year, the Wall Street banks had managed to offset the gloom with an exceptional year in the investment bank, with capital raising records. Alas, this windfall is gone and instead the second quarter under the sign of the crisis of European sovereign countries was characterized by high volatility and lower risk appetite. This scenario weighs on commissions and revenue from emissions trading.

Spain has raised Thursday about three billion euros of fresh money in bonds and 15 years, allaying fears of the markets on its ability to find funds to repay a debt. Demand for the securities has been over two and a half times greater than supply, a sign of great success. The average interest rate of bonds stood at 5.116% during the operation faxless cash advances. The coupon will be finally served 4.65%, a high price without being dramatic. In April, the average rate was 4.43% for bonds of the same type. After this successful auction, the yield difference between bonds and ten-year Spanish and German Bund reference narrowed. The success of the operation also supported the course of the euro.