9 Mar
The civilian nuclear should not be restricted to a few. Opening Friday – at OECD headquarters in Paris – the international conference on nuclear Nicolas Sarkozy immediately insisted on the principle of cooperation. "France believes that the share of nuclear power for peaceful purposes is a decisive factor for compliance with environmental concerns and a better distribution of wealth in the world," explained the president.
A clear signal at a time when some sixty countries intend to establish one or more reactors to produce electricity.Except that such a machine is expensive – more than 5 billion euros for example, the EPR (the prototype third generation being built by EDF and Areva) – and it requires highly skilled personnel to make function.
Specifically, Nicolas Sarkozy called on Monday in Paris that the financing of major international institutions can benefit new entrants in the atom. "I do not understand and I do not accept ostracism of nuclear power (…), the current situation is tantamount to condemning the country to an energy more expensive and polluting, has hammered the tenant of the Elysee.
Regarding the development of skills, Nicolas Sarkozy announced the creation in France of an International Training Institute. It will house a "school of international nuclear" as part of an "international network of centers of excellence".An initial implementation has already been decided: it will be in Jordan, a country with which France has signed a nuclear cooperation agreement.
Pathway lights
Overall, the intervention of Nicolas Sarkozy should be read in light of the ambitions of the French sector, which is developed contacts with many countries – in addition to firm orders – to sell the EPR. A chain but seriously mistreated in Abu Dhabi where the lights consortium (consisting of EDF, GDF Suez, Areva and Total) has been outflanked by South Korea.
Monday, referring implicitly to this failure, the president regretted that the market does not classify reactors that according to the price criterion. But the EPR is significantly more expensive than most other models with which it is directly in competition.It should therefore, according to Nicolas Sarkozy, that the International Atomic Energy Agency (IAEA) establish a classification "as the criterion of safety."
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9 Feb
After the sharp market downturn in Paris last weekend, with the Cac 40 lost nearly 7% in 48 hours, optimism is in order at the beginning of the week in the Paris Bourse. Around 10:30 am, the CAC 40 is up over 1.2% to 3607 points.
On the macroeconomic front, gross domestic product (GDP) of France is expected to grow by 0.5% in first quarter 2010, according to a first estimate of the Banque de France (BdF) on Monday.
The latest forecast from the National Institute of Statistics (INSEE) published December 17, the economic recovery in France will be confirmed in early 2010 but will be "laborious and delicate, with a growth of around 0.3 % to 0.4% per quarter until midyear.
The government recently revised upward its growth forecast for this year, rose 0.75% to 1.4% in the revised budget.
INSEE has published Friday its first figures on French growth in the last quarter of 2009.The government forecasts a GDP drop of 2.25% over the last year.
As for values, the revival of this earlier this week arises: half a dozen values were lower at the opening.
Dexia climbed after strong green light from Brussels
The year 2010 will be tougher than 2009 for the Franco-Belgian bank Dexia (6.56% to 4.29 euros) due to the acceleration of the implementation of its restructuring plan which has received the green light with Brussels, said Sunday the group's managing director.
EDF (+1.54% at 38.20 euros) and Areva (0.45% to 313.75 euros) announced late Friday it reached an agreement on the processing of uranium used in nuclear power plants of 'electrician question at the heart of a dispute between the two groups for several weeks payday advance online .The CEO of EADS (+0.04% at 14.11 euros), Louis Welsh said in Munich last Saturday he expected a "clarification" on the financing of additional costs for the Airbus A400M military "before the end of next week. "
GDF Suez (+1.05% at 26.50 euros) could revise its bid for International Power Plc, particularly the terms of its offer in cash, reports the Independent on Sunday, citing sources close to the French group.
The Autorité des marchés financiers (AMF) has asked for new commitments to Bélvédère (-5.28% to 34.07 euros) in the case of warrants, which in recent weeks between the group of spirits Association Defense of Minority Shareholders (ADAM).
Bongrain (-1.68% to 55.53 euros) has reported a turnover down 7.4% on a comparable basis in 2009, affected by unfavorable economic environment.
Eiffage (+0.68% at 36.42 euros) was able to stabilize its sales in 2009 thanks to a rebound in activity in the fourth quarter.
Several publications of companies are expected on Monday: Altran Technologies (-1.18% to 4.20 euros) pre-market Unibail Rodamco (-0.80% to 155 euros) after-hours trading, Le Noble Age (-1, 72% to 15.40 euros) and Devoteam (stable at 18.50 euros). Faurecia brings an extraordinary general meeting regarding the capital increase related to the repurchase of Emcon.
14 Jan
According to Mexican press, Vivendi and the Mexican group Televisa broadcasting are currently negotiating to bring candidates, common way for a new mobile phone license in Mexico, for an undisclosed amount. The announcement comes as the Mexican telecoms regulator, Cofetel, proposed on the market the equivalent of 120 MHz (Mega Hertz) frequency in the band 1.7 / 1.9 GHz (Giga Hertz). Your Shopping comments have yet been received from Vivendi.
The limit for submission of tenders is set for May 25 and the award (or) licenses is expected a month later. According to the press, Vivendi and Televisa will give until 15 February to agree this.
Latin America in the collimator
After Africa, so it is that Latin America is covered by the French group.Already, Vivendi, winning the battle against the Spanish giant Telefonica to afford GVT (2.8 billion euros), has offered to pass a strong position in the region.
Mexico and its 110 million inhabitants currently host three large operators, Telcel and Movistar in mind. "The penetration of mobile phones in Mexico is higher than 70%," says an analyst specializing in the field.
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26 Dec
Yves Rocher French entrepreneur who founded the brand of beauty products that bears his name, died Saturday in Paris, Lariboisière Hospital. He was 79 years.
Born April 7, 1930 at The Gacilly, a village of Morbihan which he was the mayor (various right) for forty-six years, from 1962 to 2008, Yves Rocher has played the card environmentalist before his time. Having passed through small ads in "Ici Paris" ointment hemorrhoids cons including a Breton healer gave him formula, he founded the famous brand of cosmetics in 1959, supporting its development on the choice of "beauty through plants' and refusing any synthetic product.
In 1965, Yves Rocher is launching a "Green Beauty", now translated into over twenty languages. Focusing initially on sale at a distance, it opens three years later the first store. The following year, he sets up shop in Belgium.After leaving the reins of his business to his son Didier in 1992, he took control in January 1995 after the accidental death of the latter.
"A French industrialist," according to Nicolas Sarkozy
Present in about thirty countries, the Yves Rocher Group achieves a turnover of 2 billion euros, placing it in 18th place worldwide in this sector. Its turnover is three times larger than The Body Shop, its direct competitor bought in 2006 by L'Oreal. Claiming to be "financially healthy, profitable, low debt, despite recent social movements, the group employs over 15,000 people, has nearly 2,000 stores and boasts over 40 million customers.
Saturday, President Nicolas Sarkozy paid tribute to "a French industrialist, inventor of the cosmetics made from plant products and a pioneer of the mail.Yves Rocher, adds a statement of the Presidency, "had managed to build step by step a group serving the beauty of women, invested in the development of sustainable employment and environmental protection, particularly through the Yves Rocher Foundation-Institut de France. "
23 Nov
The National Association for Business Economics released its monthly survey on Monday on the state of the U.S. economy in 2010. The real GDP growth should reach them by 2.9% next year, compared with the 2.6% suggested in the previous survey.
"The real GDP growth should be sufficient to rebuild the lost ground during the recession and ensure that the production reaches a record high by the end of 2010," NABE said in a statement.
For the year, the group of economists expects a decline of 2.4% of GDP (against 2.5% previously) and an unemployment rate expected to remain above the 10 threshold % between the fourth quarter 2009 and second quarter 2010.
Since December 2007 and the beginning of the recession that the United States came out, the economy has destroyed 7.3 million jobs, the unemployment rate rising above the symbolic 10% (10.2% precisely) of the workforce in October, the highest since 26 years and a half.
"United States: economic indicators continue to improve
24 Oct
It took perseverance. After a standoff with the government, UMP deputies finally voted against their amendments, which had the support of other groups. The crucial issue was to ensure that local authorities revenue sufficient substitute. Thus, the principle of territoriality of the reassessment will be implemented and communities benefit directly from taxes paid by businesses in their territory.
The day before, the UMP deputies gave up back on the exemption of TP in firms with less than 500,000 euros of turnover. One of the rejected amendments included in effect of exempting TP businesses up 152,000 euros of turnover, instead of 500,000 euros, as desired by the government.In counterpart, Christine Lagarde had to remove the two amendments that were presented in the draft budget law to establish a "national equalization" of the new contribution.
Debate November 19
In summary, the economic contribution territorial (CET) will replace the business tax. It will consist of an assessment of local activity (professional land) and a supplementary contribution to the value-added businesses. As proposed by Gilles Carrez, the supplementary contribution will be allocated to the communes and inter-municipal, or 2.3 billion euros of contributions.The debate on the base of the supplementary contribution will continue in the Senate.
But all fears were not lifted so far, including the Association of Regions of France (ARF) which considers that the regions are excluded from political debate on local taxes. "The draft 2010 budget law removes the regional tax base built property tax, only regional tax in connection with the household," says the ARF in a statement. The Association of Small Cities France (VFPA) also announced Friday it would intervene with the Senate on the removal of business tax (TP), after the rejection by MPs of amendments prepared by the Finance Committee of House. The debate should be further pursued in the Senate from November 19, then joint commission.
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20 Oct
Not that Renault suffering in Russia. The French retailer Carrefour, the world, announced Thursday its intention to sell its activities in Russia "in the absence of sufficient growth prospects." Carrefour is present in Russia since 2008 and operates two supermarkets in Moscow and Krasnodar, the statement said.
Carrefour had last week denied press reports that he was considering "the sale of its business in growth markets," noting that Brazil and China in particular remained a priority.The daily Le Monde had said that "the sale of implantations in Latin America" was "seriously considered a track" and the "bulk sale of emerging countries," the newspaper had mentioned initially, was "dismissed".
This will leave the Russian market comes as Carrefour announced disappointing sales in the third quarter. Lars Olofsson had not hidden earlier this week that the situation was difficult in a Interveiw The Wall Street Journal.
Indeed, the turnover of the group is down, but the group was "on track to achieve the 2009 targets."Operating profit before non-recurring items would still be in the lower range of 2.7 to 2.8 billion euros announced June 30
In the third quarter, the group recorded a turnover of 24.018 billion euros, down 3.8% in comparable stores, slightly less than expected by analysts (24.29 billion euros average).
Gain market share
In a statement, Lars Olofsson, the CEO of Carrefour, said that "in an environment that remains challenging, particularly in our markets of Western Europe, (the group) continues to gain market share in France, reflecting the success of Carrefour Market, which compensates for the disappointing performance of hypermarkets in the third quarter.
Carrefour reiterated its priorities for 2009 to invest 600 million euros to support sales and market share and reach at least 500 million of savings in operational costs.
In France, sales between June and September were down 4.2% in comparable stores to 10.400 billion euros (10.398 million consensus) with 5.292 billion euros in hypermarkets a decrease of 8% in comparable stores. Supermarket sales rose 1% to 2.292 million. In the hard discount they show a decrease of 7% on a comparable basis to 641 million.
Moreover, the group plans to change the pattern of its hypermarkets. According to the site of Les Echos, William Vicar will replace Alain Souillard, less than two years after his appointment as head of the 200 stores of the French number two worldwide distribution.
Internationally, Carrefour has achieved in Western Europe a turnover of 6.346 billion (-6.5%) while they increased in Latin America by 5% in the third quarter same-store sales at 3.368 billion. In Brazil, they rose by 14.2% at constant exchange rates, of which 3.9% in comparable stores. In Asia the turnover has however declined by 6.4% to 1.787 million in the third quarter.