28 Jul
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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24 Jul
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:
9 Jul
Was expected. While economic growth in the Eurogroup countries remains low, the European Central Bank (ECB) kept its key interest rate Thursday at 1%, its lowest level for the 14th consecutive month.
Eurozone growth moderate and uneven in 2010
This choice is further agreed that European fears about debt had reappeared in recent weeks. "A change of course is not expected until at least the first half of 2011. As long as fiscal policy is restrictive and low growth, monetary policy needs to be expansionary so accommodating, "said Nicolas Bouzou, economist and founder of Aster. He added: "Higher interest rates would be justified if the growth in the euro area was between 2% and 2.5%. It is still far away. "
A trend confirmed by the ECB president himself Thursday during a news conference. It forecasts economic growth still modest and uneven in the euro zone in 2010.
Previously, the Bank of England had done the same, maintaining its rate at 0.5%.
The Fed could raise rates before the end of the year
The situation in the United States could change, according to Nicolas Bouzou. "The Fed is expected to increase by 50 basis points more than its interest rates before the end of the year." Therefore, the ECB does she not have him engage the right? "No, because the situation is different overseas. While the job market is still fragile but current levels of growth in the U.S. require a bit of back interest rates to prevent inflation from too much to leave again the rise, "he says.He considers, however, that higher interest rates the Fed would be beneficial for Europe. "It would accentuate the depreciation of the euro and thus encourage European exports," says the economist.
3 Jul
Teleperformance, a leading global call center companies, which employs 7,400 people in France, announced Thursday a major restructuring plan. The group will eliminate 830 positions in the hexagon, from 22 to 14 sites, a workforce reduction of approximately 15%.
The group will remove the center of Marseilles (25 posts), Pantin (149), Rennes (194) and Tours (51). In four cities, where two centers exist, they will be merged, with the result at Le Mans 41 positions eliminated, 169 Lyons, 71 and 61 in Orleans in Toulouse. Finally, the site of Bordeaux will be cut by 69 positions. Teleperformance be explained today "structural overcapacity" and puts forward an operating loss of 36 million euros in 2009 in France for a turnover of 300 million.The group attributes this poor performance by "a slowdown in demand for its key markets" and "the loss of significant commercial contracts during 2009.
A social plan for 585 positions had already been applied to the company in France in 2009 and had been strongly challenged by unions in the courts, which had delayed its implementation for several months. This new plan is not a surprise. Teleperformance, which has six subsidiaries in France, decided in 2009 to merge. "They wanted to go too fast last year in the merger, where the resistance of employees. Result, management has been changed.But we continue to fight, "said Eric Dufaud, delegate of the union SUD.
Relocation
"I put everything from scratch with the intention of returning to profitability and secure a future for the industry of call centers in France," said Jean-Herve early June Jenn, new president of the group since April. Its purpose is to provide value-added services, refining and expanding the range of services offered to justify the higher prices in France and abroad. A call center agent costs about 30 euros an hour in France, against 15 euro in Tunisia.
All call centers have an offshore development center, because their large customers have one obsession: to lower prices. Teleperformance is so well established in Tunisia, are among the largest private employers in the country.He also opened last year a call center in Morocco and plans to accelerate the movement. "If the principals do not respond or if the government does not legislate, it's the call center industry is likely to go abroad," says Eric Dufaud.
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17 Jun
Eiffage prances at the head of the Paris stock exchange Thursday morning, rising about 9% to 16.30. The construction group said Wednesday evening after the close of the Paris Stock Exchange that its subsidiary, jointly with Macquarie Eiffarie has signed an agreement with funds for the purchase 13.73% of Autoroutes Paris-Rhin-Rhone (PRPA) they hold a total of 854 million euros (55 euros per share). APRR is the second largest French motorway and the fourth in Europe.
Eiffarie owned by Eiffage and Australia's Macquarie have after the operation 95% of APRR. The subsidiary also plans to launch a buyout offer, that is to say that APRR would no longer be quoted on the Stock Exchange (right when the majority shareholder holds more than 95%).A project must receive the blessing of the AMF to be realized.
If this is implemented, and upon its conclusion, it remains on the securities market, these shares would then be a squeeze, which will be performed at the same price of 54.16 euros per share: 84 cents per share are restated as it is the amount of the dividend qu'Eiffarie decided to pay shareholders of APRR June 30 next.
The transaction is expected to close by the June 24 APRR listed on compartment A of Euronext, flies too, from 7.65% to 54.75 euros.
Eiffage and Macquarie have finally heard
The two shareholders of Eiffarie seemed irreconcilable. On this issue, in fact, Eiffage wanted to make a capital increase of 400 million euros in APRR, here just one year.One way to avoid a deterioration of its financial rating would increase the costs of refinancing. Macquarie's refusal earlier this year.
Use markets? The CEO of Eiffage, in turn, rejects the idea. The stock market conditions are too uncertain. Another option would be to buy back its shares in Eiffarie. But Macquarie had not responded.
Investors enthusiastic
"The acquisition of the balance of APRR is positive news for Eiffage.The group can calmly deal to refinance Eiffarie 2013, "commented analyst Aurel BCG, for whom this would be" accretive by approximately 3% based on Eiffage tax integration we estimate that approximately 70 million euros.
Indeed, Eiffage will benefit from the tax integration: from 1 January 2011, interest paid on debt to acquire Eiffarie * – 3.77 billion – will be deducted from the tax base APRR, say the strategists Natixis Securities. In addition, the tax losses generated by the interest paid on this debt between 2006 and 2010 will be tax deductible APRR, they said. For them, the economy reached 314 million euros. APRR, in fact, will not pay tax according to their estimates.
* Eiffarie, had been chosen by the state in late 2005 during the privatization of Autoroutes Paris Rhin Rhone (APRR).
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12 May
After a year 2009 more than difficult, Natixis confirmed at the beginning of 2010, renewed glimpsed at the end of last year. The bank has indeed registered the first three months of 2010 its third consecutive profitable quarter, up from 464 million euros.The group confirmed its target of a net banking income more than 6 billion in 2010, according to a statement issued after-hours trade Tuesday.
Net revenue (equivalent to sales) reached 1.63 billion euros, up 28%, and Natixis confirmed its revenue target of more than 6 billion for the whole year.
As the fourth quarter of 2009, the portfolio of illiquid assets of more than thirty billion inherited from the crisis has only slightly affected the result (-16 million euros).
BPCE: Exposure to Greece to 2.1 billion euros
The parent company Natixis, BPCE, published a group net profit of 1.01 billion euros in first quarter 2010 against a loss of 1.149 billion euros in the same period a year ago.Its revenues rose 64% to 5.973 billion euros in the first quarter against 3.641 billion euros in the first quarter 2009 paydayloans.
In a statement issued last Thursday, the group announced that its BPCE exposure to Greece package totaled 2.1 billion euros, of which 882 million euros through its subsidiary Natixis. BPCE exposed to 1.4 million euros to the Greek sovereign debt and Natixis to 160 million euros.In contrast, private debt is fully supported by Natixis to the tune of 722 million euros.
BPCE: 25 billion euros of GDP by 2013
The group aims BPCE net banking income of 25 billion euros by end-2013 from two thirds of the commercial banking business and insurance and third trades Natixis.
At the Paris Stock Exchange, Natixis closed down 0.82% to 3.75 euros in a market down by 0.73%.
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14 Apr
The 2009 results of Fleury Michon contrast with those of 2008. Net income of leading French charcuterie is apparent at 14.8 million euros at end December 2009, when it reached 5.4 million euros last year. Its turnover amounted to 532 million euros, up 5.9% compared to last year.
Fleury Michon is pleased to have regained its level of net margin earned during the years 2006 and 2007.
Good sales performance, combined with tight control of production costs and operational improvement of its Canadian subsidiary, "allowed the group to record levels of profitability in line with the targets previously communicated."Operating profit was 26 million euros, against 15.3 million a year earlier.
"It will be proposed at the general meeting on May 20 under the year 2009 a dividend of 91 cents per share, the company said no teletrack payday loan.
The year 2010 seems to confirm the improvement of the company's business, as revenues in the first quarter were up 11.5% to 137.6 million euros, compared to the first three months of 2009.
On Tuesday, the shares closed at Fleury Michon equilibrium in a market down 0.5%. At 38 euros all round, actions cotent 11.1% above its level at the beginning of the year.For the record, the stock price of Fleury Michon had reached its lowest level in late April 2009 it had fallen to 21.5 euros.
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5 Feb
With Twitter, the communication is passed in real time. With Shazam, the iPhone has become a machine to recognize the music. German Aka-Aki opened the madness of mobile location based social networks. These services are transforming our lives for several months have been identified, there are one or two years, the Forum Netexplorateur. Founded in 2008 by Martine and Thierry Bidegain Happe, it seeks to identify innovations that can have a significant impact on the uses digital economy or society. The third edition, including Le Figaro is a partner, meets Thursday and Friday to the Senate in Paris. It is an opportunity to set new standards in the "socio-digital revolution" underway.
The winners of the 2010 edition were selected from more than 440 projects emerging. They are part of a new digital world where the Internet becomes ubiquitous.The URL can not be visited more but found himself. Many objects become key input into an ecosystem where real and not real live. Databases and servers are scattered, software and outsourced services, terminal dematerialized. The interface for mobile augmented reality Sixth Sense allows to browse the Internet with a virtual screen projected by a minicam, dial a phone number in the palm of his hand or view a video on a newspaper article. Accessible from anywhere, this new Internet makes the user knowing. With mobile browser layar augmented reality, any building or environment is an opportunity to unwind "layers of virtual information.Augmented with TAT ID, the user can display a variety of virtual cards and virtual social networking profiles around her face, free to the caller to download this information.
Freeing the user of the computer
This ecosystem is emerging as new human-machine interfaces capable of freeing, ultimately, the user of the computer or a smartphone. The aircraft of the future will respond to a voice command, gesture or brain. The French HiLabs has already begun to deploy an intelligent window on the windows of merchants Grenoble: responding to displacement of people, she then called by a movie, the way to interact with one giant touch screen (Eyelights).
On the Internet also should be contacted individually to the consumer.Social networks like Facebook and Twitter is why a "hunting ground" ideal marker there conversations on Internet brand and integrate it with an ad campaign that takes account of these opinions (People Powered Ads).
In this new digital world order, and environmental organizations are impacted first. The technology can learn to change and therefore it is the creed of Source Map, which shows the carbon footprint of a product or a food or Mobile Lucas, who turns the mobile phone Minilab analysis medical use and particularly to distinguish true and false cases of malaria.
Similarly, the Better Place project relies heavily on intelligence network, able to indicate to drivers of electric cars recharging station nearest, then manage the transaction load and billing.At work, it calls for transparency on the powers of his future employer to decide to change. What improve individual productivity or collective, as the founder of the website Get a Great Boss. In parallel, microt?ches can be relocated and create microjobs for solidarity: the draft Work Give an iPhone application developed by Samasource, which proposes to perform computing tasks mechanical ( "tag" a video detailing card, test application) by refugees from Dadaab camp in Kenya. Initiatives that, once industrialized are likely to reverse the tide.
2 Feb
After a session with no real trend on Monday (0.07% to 10,205.02 points), Asian stock markets resume upward trend Tuesday. The Nikkei 225 ended the session sharply higher by 1.63%, driven by gains on Wall Street yesterday, the relative stability of the yen and the revival of the Toyota shares after the announcement of a cure his technical problem. At the close, the Nikkei 225 index of blue chips gained 166.07 points (1.63%) to receive at 10,371.09 points.The broader Topix index of all securities in the first table has taken his side 14.21 points (1.58%) to 912.82 points in a market where activity has yet revealed quite low, with 1.88 billion shares traded on the market first.
Japanese carmaker Toyota said Monday that the pieces to solve the problem of having pedal forced to recall millions of cars in the world begin to arrive in Europe "next week".
The U.S. and European stock markets have led the way Monday, the Dow Jones, the CAC 40, FTSE 100 and Dax gaining 30 respectively 1.18%, 0.60%, 1.14%, 0.81%.
Rising commodity prices including gold and oil strongly favors trading companies and oil companies. While the weaker yen against the dollar makes exporting values to increase.The dollar goes back into effect at 90.84 yen.
The oil companies and trading companies benefit
The export values are not to be outdone, Canon Inc. gained 2.7% to 3610 yen, Sony Corp. takes 3.3% to 3160 yen and Kyocera progressed by 2.1% to 8320 yen payday loans .
Regards, Toyota Motor Corp., which has been battered recently on Tuesday, the share jumped from 5.5% to 3640 yen after the announcement of the detailed plan of repair of vehicles recalled by the manufacturer.
The oil companies are the big winners include the results better than expected Exxon published yesterday on Wall Street. The refiner, Nippon Oil gained 5.3% to 441 yen and Nippon Mining Holdings, whose principal activities include oil refining rose 5.2% to 407 yen. Cosmo Oil takes 2.6% to 200 yen. The tanker Inpex was up 2.3%.Sumitomo Metal Mining Co. gained 1.5%.
Trading companies also take their game well, Mitsui & Co climbed 3.8% to 1342 yen, Mitsubishi Corp jumped 4.5% to 2237 yen and Itochu Corpb rose 2.9% to 709 yen.
Among the values sharply down, the action of Tecmo Koei Holdings Manufacturer of video games fell 9.5% to 630 yen after the announcement of a delay in the launch of some key games such as "Quantum Theory" and of lowering its forecast for annual operating profit by 97%.
From the financial side, Nomura Holdings (+1.6%) announced Tuesday for the third quarter, a third positive quarterly result in a row. Between October and December, net profit reached 10.2 billion yen (77 million euros).
Softbank gained 3.8%.The telecommunications group introduced on Tuesday a net profit for the first three quarters of fiscal 2009/2010 to 94.86 billion yen (711 million euros), up 63% over one year. A result supported by the mobile business.
29 Jan
Finally! After six sessions of declines, the Bourse de Paris displays a better form. In the green at the opening, the CAC 40 – which posted a gain of 0.46% to 3705 points in early trading – has continued to display good orientation to the closing up 1.37% in 3739, 46 points, boosted from 15 hours through the publication of the first estimate of GDP in the United States for the fourth quarter of 2009. She stood at 5.7% (5.4% on average expected).
According to Christian Parisot, head of economic research at Aurel, "this figure is reassuring for markets and for the future." But that rebound is partly 'technical', relativize does. He explained to the tune of 3.4 points from a "stock effect". Croissancedu the fourth quarter will be weaker in the first quarter of 2010, he said.
Markets have also been able to welcome the extension to the head of the Fed Ben Bernanke.In choosing the U.S. Senate is also banking on a continuation of the current monetary policy, marked by very low rates. The news is welcome.
Across the Atlantic, the figures of industrial activity in the Chicago area for January were also pleasantly surprised: ISM index rose to 61.5. Then, ten minutes tardn it was the turn of consumer confidence as measured by the University of Michigan to give pleasure: it has been revised upward to 74.4, reaching its highest level in two years.
The LSE has also finished up Friday, the FTSE-100 index of leading values winning 42.78 points, or 0.83% over the closing Thursday at 5188.52 points. On Wall Street, the trend is still upwards, two hours after opening.
However, we must put this meeting (plus up to 3764.6 points), including a portion of the increase is purely technical: the week, the CAC 40 surrendered 2.2%, and the peak of the last five session was reached Monday at 3831.8 points …And last week it had dropped as much as 4.9% …
European unemployment 10%
This morning, the European Central Bank announced that the M3 had contracted by 0.2% in December from a year in the euro area, less than expected by markets, while private sector credit remained stable.
Unemployment in the eurozone has reached the threshold of 10% in December, its highest level ever reached since the creation of the single currency of eleven years ago, according to data released Friday by the European statistics office Eurostat.
Inflation, which was as expected, has accelerated in January, 1% a year from 0.9% in December, according to a first estimate published by Eurostat this venrdedi.