Archive for the ‘special’ Category

The Madrid Stock Exchange at its lowest for three years

May 3, 2012 - 11:40 am Comments Off

Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

Getting an online cash advance is a great way to solve money problems in case you run out in between paydays.

A French company wins a contract to a Chinese competitor

April 20, 2012 - 7:48 am Comments Off

 

SELNI, last French manufacturer of motors for washing machines, has just robbed a mega contract to one of its Chinese competitors. This firm, which currently employs 150 people, provide from the end of the year in Vestel, a Turkish specialist appliances, two million engines per year, and for ten years. "This is a contract of several hundred million euros, whereby we are doubling our production. In France today, we can compete with the Chinese, "says Philippe Vidal, CEO of SELNI.

SELNI, whose turnover is currently around 25 million euros, has managed to match Chinese prices, while offering products of superior quality. "Our responsiveness has also weighed in the balance. Our technical tool allows us to fill an order within 48 hours, against more than 6 weeks for the Chinese, who suffer from very long delivery times, "says the director.

Production in Turkey

However, the company based in Nevers comeback. Hard hit by the crisis of 2008-2009, she almost put the key under the door, before being taken up by several of its executives. Today she is back on track. "We have optimized our products as our organization. Engines, for example, have been lightened up. It has replaced some components in copper with aluminum, but harder to work cheaper. Internally, we developed the versatility of each, "says Philippe Duval.

This additional production does not necessarily translate provided by new hires. 800,000 engines for entry level to provide Vestel annually SELNI had to agree to perform in Turkey, 3 kilometers from his client. "We would not have been able to make these motors very cheap in France, and we reserve margin. This proximity allows us to provide just-in Vestel, explains Philippe Duval. We approach our customers as we did before the automakers. "

From 30 to 40 people will be employed in Turkey. "That leaves 1.2 million engines a year to produce more in Nevers."

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Fuel prices: the stations seem to play the game

April 19, 2012 - 5:28 pm Comments Off

 

Fuel prices soar notably due to higher oil prices. But is that they will decline as the black gold flow back on world markets? Yes, according to an academic study published last weekend by economists Erwan Gautier (University of Nantes) and Ronan Le Saut (Ecole Polytechnique). Their work is based on data collected daily by the Ministry of Economy between 2007 and 2009 with 10,000 service stations.

Contrary to the fears of the authorities and consumers, "the downward variations are as numerous as the variations on the rise, and they are of the same magnitude," the researchers said. They found instead that managers affect only three-quarters of price changes in international prices of a liter of diesel and two thirds for gasoline. "This gap is consistent with the importance of raw material-the-refined oil in the price of a liter at the pump (between 75% and 85% of total costs)," said Erwan Gautier.

Clearly, if the pump price varies to a lesser extent than international prices, it is because other costs that come into account in calculating the price, they do not move. These findings partly confirm the results of a study by the Ministry of Economy dated June 2011. According to the latter, which examined the evolution of prices for a few weeks, the drop in world prices was reflected better on diesel than on gasoline.

The two economists, however, lead to more accurate results. The petrol stations affect price movements in Rotterdam, where the refined oil is traded in the 5 to 10 days on average. The French Union of Petroleum Industry (UFIP) explains this delay by the time of transport for the supply of pumps and the need to sell existing stocks purchased before the price changes. Prices are revised, preferably on Tuesdays and Fridays, every 5 days on average for diesel, every 6.5 days for gasoline.

Supermarkets change prices more often

All market players are not as quick to change the prices, they detect. Supermarkets, for example, change more frequently and more significantly than other gas stations, belonging mostly to oil companies. This can be explained by the cost analysis Erwan Gautier: "Supermarkets share some expenses related to the operation of the pumps with their store." On the other hand, their margin is extremely low on fuel: it s' is for them a loss leader to attract customers and they are undercutting prices.

In reading the study, the existing competition in the market seems to push the players to pass on price movements as honestly as possible. The proximity of a gas station and a supermarket equipped with pumps, for example, the first incentive to adjust its prices more nimbly. On the other hand, the highway stations, away from any competition, the less impact of international price movements. And, with the exception of the Paris region, rates move slightly more often in urban than in rural. The stations offer many services and high quality fuels also adjust the lowest price movements.

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Lescure recruitment is a "social intercourse"

March 24, 2012 - 12:00 pm Comments Off

 

Pierre Lescure: Recruiting is a "coitus … Cadremploi by Pierre Lescure is an emotional, as Jean-Pierre Raffarin that we interviewed last week. This is an emotional, that blends culture journalist with the management culture. Listen to them talk about his relationship with Jean-Marie Messier when he was head of Canal Plus, to understand how it has deteriorated. And when Pierre Lescure, who now heads the Theatre Marigny in Paris, compared to the job interview "coitus" and even "penetration" should not be seen as a sign of perversion or the projection of a follower Promotion sofa. Not at all. Pierre Lescure is a mathematician, in his own way for him, recruiting is like a life together. It should be fertile: 1 + 1 will require a little more than 2 so that the recruitment is successful.  

That's why it gives this advice to candidates: make his point of view. Equal competence, which will make the difference for him? Between two lawyers, two controllers, Lescure will choose a woman or man who has a "perspective" free online credit report. The "view", this is nothing more than a way of seeing the world next to his work.

We understand why "I speak under your control," a term servile and bustles (we all used one day), it exits through the eyes. It is also wary of a driver who has practiced on the road the failure to give way to right that driver will be a bad candidate. In short, we must watch this video to understand why a boss Lescure was adored, loved, regretted when he left Canal Plus.

Pierre Lescure just published by Grasset in collaboration with journalist Sabrina Champagne, a book of memoirs entitled In the baba.

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"Job offers in France and abroad with Cadremploi

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Monti played his last card on the reform of labor law

March 21, 2012 - 5:20 pm Comments Off

 

Firmly supported by the Head of State, Mario Monti has pledged Tuesday in an unprecedented forcing to wrest the agreement of the unions and management to a comprehensive reform of labor law.

A real marathon began Tuesday afternoon at the Palazzo Chigi to convince the social partners to accept a proposed capital for renewed growth and the return of foreign investment. Leaders of business and all confederations workers clashed Council President and several ministers, including Labour, Elsa Fornero, who prepared the reform.

Throughout the morning, it has stepped up informal contacts to try to reduce the opposition of the main workers confederation, CGIL, strongly opposes any amendment to Article 18 of the Labour Code that prevents layoffs "without just cause. "

In a manner quite unusual, the President of the Republic, Giorgio Napolitano, has thrown its full authority in the balance by calling the social partners to "understand that it is time to uphold the public interest."

Line of Sight markets

The Head of State supports the efforts of the government: It is serious that there is no agreement. You must negotiate. "Meanwhile, Mario Monti has invited the unions to" give up something. "

The economic commentator duCorriere della SeraFrancesco Giavazzi reminded Tuesday that Italy was still in the crosshairs of the markets: "One wonders how investors would react if they had to learn German as (for lack of labor market reform), Italy is not able to return to balanced budgets in 2013 as planned. "

The measures taken so far have been welcomed by the markets, evidenced by the reduction of 166 basis points differential between Treasury bonds and German Bunds Italian: "The largest decline in the euro area", welcomed European Central Bank (ECB). Susanna Camusso, the patroness of the CGIL, Elsa Fornero recognizes the merit of the stubbornness. This minister, who broke down in tears in front of television cameras by saying the word "austerity" when presenting the government's agenda Monti last November, has proved a tough negotiator and determined.

Moderate unions and political parties had welcomed last week in his proposed reform, complex and highly structured. Until the CGIL flu not the wheels.

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A liter of unleaded 95 exceeds two euros in Paris

March 14, 2012 - 7:20 pm Comments Off

 

As announced by the boss of Total, Christophe de Margerie, gasoline now costs more than two euros. According to the website carbeo.com, the unleaded 95 cost 2.02 euros in the service station Saint-Antoine in the 4th arrondissement of Paris. This is the first time this symbolic threshold is crossed.  

At the national level, prices of unleaded gasoline reached new heights last week, to 1.6211 euro on average for a liter of unleaded 95 and 1.6610 for that of 98 unleaded, according to data published Monday by the Ministry of Sustainable Development.

Since late 2011, gasoline prices beat record after record in France, powered by a dual effect of geopolitical tensions (Iran, Nigeria …) that keep crude oil prices at very high levels, and weakening of the euro against the dollar, which boosts the cost of black gold once its converted value in the single currency.

A political issue

Political leaders have seized the questiion. President Nicolas Sarkozy, candidate to succeed himself, had described the end of February "joke" blocking oil prices, a proposal by the Socialist candidate Francois Hollande, pointing out that prices are determined by a "global marketplace to outside. "

Sales of unleaded 95 represent just under 15% of French consumption of motor fuels and unleaded 98 around 5%.

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Lisbon satisfied its creditors

February 29, 2012 - 2:04 am Comments Off

 

Portugal has won its third review against its creditors. The troika (EU, IMF, European Central Bank) will be able to unlock a new tranche of aid to € 14.9 billion to be added to 38.2 billion already paid a total of 48, 8 billion if we subtract 4.3 billion earmarked for the recapitalization of banks. "This positive result demonstrates our ability to implement a demanding program," welcomed the Finance Minister, Vitor Gaspar.

Third country to benefit from a bailout after Greece and Ireland, for a total of 78 billion euros, Portugal seems to fare better than its neighbors, even though the government admits it will experience recession of 3.3% this year instead of 3% as initially planned.

In fact, it relies on the good performance of exports despite the crisis. Lisbon was able last year to reduce by 25% through its trade deficit up 15% of its sales abroad. Portugal has also continued its privatization program.

Challenges persist

The airline company TAP and airport operator ANA will be placed on the market very soon. The country has sold 21.35% of Energias de Portugal to China Three Gorges to 2 online cash advance.7 billion euros and 40% of its electricity distribution network to REN Chinese State Grid and Oman Oil for 592.2 million . Transfers of the State also concern the post office, bank Caixa insurance and freight of the national railway.

The aid plan "on track" even if "challenges remain", the judge troika. And Prime Minister Pedro Passos Coelho rejects any possibility to find themselves obliged to seek an extension. Portugal does not require "no more time or more money," he promises.

Only downside, unemployment continues to explode. He had reached a record 14% in late December, even hitting 35% of youth aged 15 to 24 years. Figures deemed "unacceptable" by the Minister of Economy, Alvaro Santos Pereira. And who said the secretary general of the main union confederation that the troika mission "is not helping the Portuguese but rather to help the markets."

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The billions in property sales of state

February 27, 2012 - 2:44 pm Comments Off

 

Barracks, land, old prisons, offices, mansions, forest houses, homes: the state gives each year hundreds of properties it no longer use. These sales it earned 590 million last year. This policy will continue. The State expects to sell 1,870 properties in 2012, 2013 and 2014, for 2.2 billion euros. And everywhere in France (see map).

If sales have accelerated since 2007 (2.8 billion in revenue since then, against 1.8 billion from 2002 to 2006), this is a result of the restructuring of the state initiated by Nicolas Sarkozy. Especially at regional and departmental services of various departments were grouped into two or three entities. Enough free space over the years. The merger of Taxation and Treasury Bercy has the same effect, as the consolidation of the judicial and military maps.

However, over 85% of the gains from these sales were used to renovate or construct public buildings. Only the balance, under 15, reduced the state debt. Playing rules will change, however. Starting this year, 20% of sales (excluding Ministry of Defence in particular) will go to debt reduction. The proportion will reach 30% in 2014.

Another downside: it is often other public, and especially the municipalities, who acquire the assets transferred by the State. Of Commons that value then the operation. Example: the city of Versailles, through the establishment of public land Yvelines, bought at the army barracks in 2011 Pawn in Versailles. The city will create on the site of activity areas and housing. The subject has also become political, presidential forces. Francois Hollande suggested that the state sells its land free of charge to municipalities so that they will develop social housing. Nicolas Sarkozy denies the charge assignment and advocates an acceleration of land sales.

Foreign investors

In Paris, foreign investors are also part. Thus, the former headquarters of Météo France, near the Eiffel Tower, was sold for sixty million to the Russian state, which will build an Orthodox cathedral. Yves Deniaud, UMP deputy chairman of the Real Estate Council of State, has openly on the Qataris, the Russians and Chinese to buy four mansions for sale in the seventh arrondissement. Individuals who are interested in goods, cheaper, in the province can learn about the site of France Domaine which lists properties for sale.

About the same corporate tax

February 7, 2012 - 11:48 am Comments Off

 

A common corporate tax between France and Germany to celebrate the fiftieth anniversary of the Elysée Treaty next year. It is hollow, formed by the dream Paris and Berlin. The German Finance Minister Wolfgang Schäuble and his French counterpart Baroin Monday presented a Green Paper setting out "the points of convergence on corporate taxation" between the two banks of the Rhine.

Reflection launched on 16 August 2011 and summarized by Nicolas Sarkozy: "Germany has a rate of corporation tax but a lower tax base broader" than France. In other words, German companies pay less tax but are more likely to pay. "Our idea is to broaden the tax base on French companies and thus to reduce rates," said the head of state.

The Green Paper points which quickly scans the fiscal convergence seems impractical for a long interest in those where the approximation is possible.

This is essentially the corporate tax. In Germany, the SI is set at 15.5% plus a contribution called "solidarity" of 5.5% and a "tax purposes" which varies according to the municipalities. On average, however, a German company pays a SI of 29.5% approximately. The rate was lowered by ten points over 2008. In France, the general scheme includes a corporate tax of 33.33%, with additional contributions of up to 3.3% for very large enterprises, while SMEs with a turnover of less than 7 , 6 million IS a pay cut to 15%. In total, if we add various other taxes – remnants of business tax – taxes paid by French companies of a certain size are 12 to 15 percentage points higher than for German.

According to the two ministries of Finance, "in order to maintain the competitiveness of German and French companies, the effort of convergence of corporate tax rates should mainly consist of lowering the standard rate of IS French, offset by a widening of his plate. " The effort, it is clearly stated in black and white, will be mainly to make the side of France: "Germany does not aspire to no change in the rate of corporation tax," we read in the Green Paper. Germany might instead be inspired by the French regime for the taxation of transactions between subsidiaries.

Technical work now completed, the two capitals will now launch a consultation, "particularly in the Parliaments and businesses." The goal is to "allow implementation of legislative measures convergence by 2013."

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"Angela Merkel declared its support for Nicolas Sarkozy

November 17, 2011 - 5:36 pm Comments Off

Management and non-professional staff are treated fairly in business? Not always recognize the 207 companies "of all sizes and in all sectors" surveyed by the consulting firm Kurt Salmon and the law firm of Fromont Briens. 73% of managers surveyed, the majority of HRD, said they faced a problem of equal treatment and / or salary.

What are the most promising areas of inequality? Not surprisingly, the reduction of working hours which comes first, cited by 60% of companies. One reason the system packages days, 35 hours derogating for about 1.5 million frames. Closely monitor the conditions of dismissal (59%), the supplementary pension (54%) and foresight (48%) or those not having the status framework are clearly disadvantaged.