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The invoice is salted for five hypermarkets Carrefour and Leclerc. The latter were sentenced Friday by the criminal court of Rouen to pay 140,000 euros in fines for "deceptive marketing practices."

The court points to operations such as "buy four, one free" or "20% free" set up on certain products. After controls, the investigators of the Departmental Direction of protecting the population of Seine-Maritime realized that these operations were unfavorable to consumers. The latter indeed paid these products more expensive than had they purchased individually. Similarly, the comparison price in the store were found. Result: Three of the Carrefour stores will have to pay 100,000 euros while two stores Leclerc pay 30,000 and 10,000 euros respectively cheapest personal loan rates.  

The stores are doing better than what the prosecutor of the Republic, Maela Guéguen, had addressed, namely a total of 190,000 euros in fines. The lawyers had demanded the release distributors to their customers because they believe these development operations were performed by providers who decided the proportion of free and conditioned themselves the product. For its part, the association UFC-Que Choisir, who received 2000 euros in damages, a judgment that recognizes hello "fraud and false advertising," according to his lawyer Catherine Kersual.

(With Agents)

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    Airbus partners with Boeing. This is not a fiction but rather the reality since the last Summit Aviation held in Geneva in late March. On this occasion, the two rivals always have also announced their association with the Brazilian aircraft manufacturer Embraer to develop the use of biofuels. The day before, Airbus had announced to produce research-based biofuel … eucalyptus. A plant that will join other plants already used as a fuel, such as camelina, jatropha, algae, or even coconut. "We conduct research to develop sustainable aviation. So we decided, in collaboration with the airline Virgin Australia, to establish a sustainable chain of biofuel production in Eucalyptus in Australia for use in aeronautics, "said Frederic Eychenne, project manager new energy Airbus.  

    Grown on arid land, the mallee, a species of eucalyptus, will be harvested and crushed every three to six years. The resulting biomass is then converted into hydrocarbon fuel can be used for airplanes. Through a pyrolysis process, the mallee is then transformed. "Overall, this is to burn biomass without oxygen (through a chemical process), to extract a basic product that will eventually be processed to obtain biofuel. He will then have to mix it with kerosene 'fossil' of 50% up to use it. Indeed, the chemical composition of biofuels does not currently use 100% for aircraft "Frederick develops Eychenne.

    Boeing converges in the same direction Airbus

    For its part, Boeing also aims to accelerate the commercialization of environmentally friendly fuels, accounting for 1,500 passenger flights on biofuel made during the last two years. Richard Mills, spokesman for Boeing on issues of biofuels in Europe, said: "Today, biofuels reduce carbon emissions in partnership with airlines. Overall, governments are beginning to express their interest and support efforts, which is essential to help us achieve our goal: that flights 1% biofuel use on average by 2015. "…. ….

    The aircraft manufacturer is also studying, as part of its research program, the possibilities of using alcohol as fuel.

    Biofuels more expensive than kerosene, lack of industry

    Philippe Novelli, project manager at ONERA, the French aerospace equivalent of NASA, has also led the European study SWAFEA (Sustainable Way for Alternative Fuel and Energy Aviation), on the issue of biofuels in aviation paperless payday loans. He said by 2020, the processes under development are expected to be pure biofuels for aviation. Philippe Novelli adds: "To date, due to the lack of real industrial production, airlines pay biofuels about four times more expensive than kerosene. The prospects for reducing emissions of greenhouse gases, however, are considerable: up to 85% for the best performing sectors such as BTL (Biomass to Liquid) produced from lignocellulose. "However, the obtaining of significant emission reductions of greenhouse gas emissions requires precautions regarding the conditions of biomass production, as outlined in the specialist ONERA.

    Fuels in search of a certification

    To date, there are two processes for receiving the seal of biofuels aviation authorities, ASTM International and the FAA: hydrotreated vegetable oils and synthetic fuels from biomass. Eucalyptus does not yet part of this approach where aircraft manufacturers support new biofuel for approval.

    Side of engine (Saffron, Rolls Royce, General Electric or Pratt & Whitney), there is to date no formal terms of biofuels, in the sense that they are compatible with existing systems. Indeed, all biofuels are "drop-in", that is to say fully compatible with conventional reservoirs, which does not necessitate the development of new types of engines.

    Steadily over the last ten years, civil aviation accounts for 2.7% of global carbon emissions, far behind the automotive industry, which accounts for 52%. The challenge is to meet the requirements set by the EU to all transport, including the requirement to use a minimum of 10% biofuels by 2020.

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    "EADS is flying a plane seaweed

    "Biofuels: initiatives of Airbus and Boeing

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    Its facade that gives pride to the larch and its roof like helium-filled, the shopping center that opened Wednesday in Lyon in the new district of Confluence is not like normal plants for sale. Nevertheless, this shopping venue which has 102 stores spread across 53,000 square meters will have to meet quite a challenge. Prove that at the merchant web booming and consumption lowered, the formula is not exceeded. Find its place in a commercial landscape Lyon already quite saturated with 267 shops including La Part Dieu and 85 stores in Ecully fifteen minutes by car. Show that a new center can succeed while the latest openings, especially the Millennium in Paris in 2011 – are not successful.  

    To top it off, the latest Unibail is located in a brand new neighborhood with 10,000 new residents already … but where Lyonnais have not yet used to come. A context that does not prevent Guillaume Poitrinal, CEO of Unibail to found great hopes on Confluence. "After three or four years, this center should achieve a turnover of 200 to 250 million with seven to eight million visitors," said he. For comparison, the center of Nice Cap 3000, considered one of the most efficient outside the Paris region reached 450 million euros in annual sales.

    Apple Store in gondola

    To take his bet, Unibail, which is the leading commercial centers in Europe, here applies the recipe that made its success elsewhere. A large dose of strings prevalent but unavoidable (Zara, Etam, C & A, Grand Optical, Franck Provost …), a pinch of signs that create events (Apple Store, Hollister, California clothing brand of Abercrombie & Fitch) and several newcomers in France and the Spanish brand apparel SuiteBlanco Specialist Portuguese decoration Loja do Gato Preto guaranteed online personal loans. In addition, it adds some local brands such as qualitative Cellerier catering, library Decitre Galix or shoemaker. Obviously, there are a hypermarket (Carrefour one) but small (4500 m). However, there is no distributor of home appliances or TV-type brown goods and computers. No trace either of stores that sell CDs or DVDs. "It's a choice: Today, consumers buy these products online," said Romain-Lavignie Molho, director of the Lyon Confluence.  

    Instead, Unibail has developed the leisure part: the second floor is a multiplex with 14 theaters but also a climbing wall, spa and restaurant offers a larger than usual. Of fast food like McDonald's, Starbucks coffee as well as the more upscale chains such as Italian or American Fuxia Razowski. Moreover, to make shopping more enjoyable, Unibail has treated the architecture of the place. Part of the center is open air, in the other part, the transparent roof lets plenty of light, and in public areas, natural ventilation avoids air conditioning, inconsistent with the principles of sustainable development . An approach designed by architect Jean-Paul Viguier, known for directing Heart Defense, the largest office complex in Europe, located in the business district. The coming months will tell whether these efforts will restore the taste of consumers to buy badly shaken by the crisis.

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    The telecoms market was shaken by the arrival of Free Mobile.

    LE FIGARO. – Arcep measured the network's coverage of Free Mobile, but not its actual use or quality. Why?

    Jean-Ludovic SILICANI. – ARCEP has verified that Free Mobile has achieved its goal of covering 27% of the population and verify that coverage by 2015. But we did not get involved in network planning or technical choices made. However, the license provides for an appointment between ARCEP and Free Mobile in June 2012 to take stock of all commitments. And we will join the network of Free Mobile in our annual studies on service quality and network coverage that will be published in late 2012. Like the vast majority of traffic Free Mobile subscribers through the Orange network, then measure the quality of service on the network of Free Mobile, with and without the use of the Orange network.

    How do you encourage them to deploy its network Free?

    It is primarily his own interest. We also have several tools to ensure that Free Mobile arranges to have an effective network. By summer, we must define the price of delivering SMS received by customers Free Mobile. As a new operator, it could benefit, such as Bouygues Telecom, charges higher than those of its competitors to compensate for the handicap start. But Arcep not take into account the additional costs that might result in a strong Free use of its roaming agreement. This should provide strong incentives to deploy its network Free.

    Do you think that Free has not invested enough?

    Free is committed to build a network covering 75% of the population by 2015. ARCEP can deduce the rate of investment necessary to achieve that goal. And if we find, say in midcourse, that investment is not sufficient to achieve the final goal, we could launch a formal procedure for Free accelerates its spending. A mobile network costs about one billion euros. Today, Free Mobile would have spent about 130 million between 2010 and 2011. We asked its investment plan for 2012. There is no indication at this stage, the investment is insufficient.

    The incidents are increasing on the network of Free Mobile. What to do?

    The incidents are primarily from technical difficulties in the interconnection between the networks and Orange Free. I think both sides have underestimated both the number of subscribers and the amount of traffic through the Orange network, but also that the offers of € 2 Free Mobile would lead consumers to highlight former phones using the 2G network payday advance online. Today, nearly half of Free Mobile calls are on 2G, but it does not have such a network, customers using the Orange. If necessary, the two operators may agree to restructure their roaming agreement without the intervention of ARCEP. If they fail to agree, they can enter and we will dispose of.

    The arrival of Free she too lowered prices in the mobile?

    Offers low cost can be criticized when they rely on the labor underpaid, but not when they result in increased productivity or technical progress. It is Free and can have lower prices both because it opens a network with the latest equipment, but also because it has fewer overheads. Politicians can hardly complain that prices fall too heavily in the telecom and rise in energy too.

    This creates there a threat to employment in the sector?

    No situation can be frozen and must have an overall view of the sector. Some analysts believe the sector could lose about 5,000 to 10,000 jobs a year or two. Of a total of 150,000 this represents 3%, that is to say unless the retirements of the sector. And, at the same time, the digital ecosystem will create many jobs. The balance will surely be significantly positive.

    Operators will they continue to invest?

    They received ten years of an oligopolistic market in mobile where they have achieved very high margins. They were able to make investments that are no longer to do. The current rate of investment of 8 billion euros a year does not need to be increased. Build a network of fiber optic networks and several mobile broadband covering the whole area costs about 30 billion euros over 15 years, or two billion a year. Reported to the 8 billion, it is not so heavy a load it.

    Some accuse you of promoting Free Mobile. Have you exceeded your role?

    In December 2008, the Prime Minister has decided to award a fourth mobile phone license. When I arrived at the ARCEP, in May 2009, I had never met the leaders of the Free. I found this and I managed impartially. The Authority has done everything to ensure that other actors such as Virgin or Bolloré Telecom, were not interested. Some have thought, but not decide. It is true that there was a risk that only dared to take Free. Moreover, we knew punish Free when necessary: ​​in 2010, on its unlimited packages fixed, or last year, on the fiber. Free as We treat all other operators.

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    The French system of press distribution does succeed in extricating himself from the dire straits in which the combined decline of newspaper sales and investment capacity of the publishers place for several years?

    The French model is very specific. The market is shared between two messaging: Presstalis (ex-NMPP) and Messengers Lyons Press (MLP). The two coexisted for setting up the system, based on the principle of cost sharing distribution between publishers, under the rule of law Bichet 1947 that guarantees pluralism of the press. Presstalis distributes 75% of volumes in France, including all of the national daily press, the rest being transferred to MLP, its competitor centered on magazines.

    Cost Sharing

    In recent years, the MLP gained more market share by offering attractive rates. And at the same time, Presstalis sank into difficulties. Faced with significant structural costs, late in the modernization of its network, the messaging has been facing a severe crisis in 2009. Despite a savings plan of 86 million euros from 2010 to 2012, it would still lose 15 million in 2011.

    Meanwhile, the structural decline of print media sales, estimated at 6% last year and probably similar in 2012, continues to affect the entire industry. NMPP has had to adjust its restructuring plan, adopted in December by the two cooperatives that comprise it. At the same time, certain securities of Mondadori France (Grazia, Top Health and Biba) and The Point have announced their departure from Presstalis for MLP.

    Presstalis responded, saying the defections compromised, at the worst time, its turnaround plan. Hence his attempt, rejected by the new Regulatory Authority for distribution of the press, to freeze these departures securities. But Presstalis is returned to the charge by offering a longer notice periods for transfers of title to better anticipate the loss of customers.

    Messaging supports the approach of the Supreme Council of the messaging of the press to share the cost with the MLP distribution of the national daily press, it is only to ensure the load while the flow of major newspapers are considered "structural "for the entire network. The recovery system will depend on the ability of actors to agree to divide equally the costs, while modernizing the network, including reconciliations between operating depots (wholesalers), now too many. The latter provide the newspaper distribution in 29,500 retail outlets.

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  • To attract investors petrified by the crisis, managers are looking for profitable investment ideas and reassuring. Therefore, as in 2008-2009, now flourishing bond funds due.

    The principle? These funds have a life fixed in advance and invest in corporate bonds they plan to keep the portfolio until the end, except in special cases (damage to the transmitter for example). Objective: To reap the coupon (interest) known from the start, they pay each year.

    As a bonus, the capital is protected as the company that issued the refund obligation at maturity, at least if it has not failed.Even if the manager does not provide any formal guarantee or capital, or performance, the subscriber has a good idea of ​​what they can expect to run (he knows in advance the expected average coupon of the portfolio) if of course none of the companies whose shares have been selected not lacking instant payday loan.

    Many management companies, Oddo, the French PM, Ofi AM, SPGP, EDRIM, Rothschild & Cie Gestion or Tikehau example, launched or will soon launch such funds. But sometimes very different approaches.

    Edmond de Rothschild IM provides such a yield of about 5% per year for Millesima 2016. "Other funds exhibit higher returns, but with longer investment horizons.

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  • Nearly 22% drop for the CAC 40 since the beginning of the year. It the finding bitter than do today small shareholders after exercise 2010 already very morose terms stock. Consequences: these individual shareholders a society often individuals are disoriented face financial markets irrational very volatile and sealed by concerns recurring on debt crisis eurozone. What confirms elsewhere study Investment stock conducted among investors assets.

    Conducted last October by the Institute OpinionWay with just over 800 individual operators, the survey did feel a great pessimism on the part of respondents.If 87% believe that investment in business is quite good or very good for the shareholders in general, 60% are quite worried or very worried about the financial markets in general and of their portfolio in particular easy payday loans. Over 42% also state that their opinion regarding the financial markets has worsened, despite the measures of financial regulation put in place following the 2008 crisis. 75% also believe these measures ineffectual.

    Concerns salon Exchange

    Consequence of this pessimism toward the stock market investment (listed shares, mutual funds, options, certificates, warrants), individuals felt it was urgent to wait. Overwhelmingly self (80% fully manage their own portfolio), these investors have mainly invested any additional amount over the last six months (54% of them).

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  • Nokia unbeatable? The group may well see its market share erode quarter after quarter, it nevertheless remains the world leader in its sector. A position he owes much of its sales of cheap phones in emerging markets. Thus, in the third quarter, the Finns no longer had "only" 23.8% of the world with just over 105 million mobile phones sold worldwide. Good performance for a brand "dying" in the eyes of observers sometimes a little harsh with the former star of mobile telephony.

    To retain his title, the Finn will still fight hard. He also put a lot on its Windows Phone, the range Lumia, marketed since November 14 in six countries including France fast cash without a hassle.

    She says Windows Phone should benefit from new smartphones from Nokia. The Finn is expected to expand its range and offer new Windows Phone cheaper. It will still wait until the second half of 2012 to attend a turnaround, and it provided that Microsoft manages to attract enough developers to make its ecosystem attractive to consumers. For now, it has only 35,000 applications. One-tenth of what is available for Android.

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  • This consolidates its international stature when some surveys point out that the French consider that Francois Hollande might as well as the current host of the Elysee in international summits.

    Of course, despite the best efforts of Sarkozy, Europe is found in Cannes in the position of poor student he wanted to avoid at all costs. But somehow, he still hopes to appear as the last dam before the flood of French turf. "What will tell the left Mélenchon Montebourg and Greek on the referendum? Will they hoped that the Greeks reject the agreement? "Asks one who sees Sarkozy already torn the left of the line to take.

    A long-term

    Meanwhile, the French president chose not to play saviors of the world. That humility prevails.

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