Posts Tagged ‘small’

Denis Olivennes raises its first steps in Europe 1

January 13, 2011 - 4:32 am Comments Off

The ball is open. Triggered by the departure of Alexandre Bompard and his replacement by Denis Olivennes as head of Europe 1, waltz directors and animators began rue François I, in Paris, where the seat air station group Lagardere.

Philippe Balland, formerly Head of Programs Europe 1, has requested to leave the house immediately. To replace him, Denis Olivennes announced Tuesday the appointment of Bruno Gaston, formerly director of programs and the antenna 4 and France whom he had worked at Canal +. The date of his arrival has not yet been clarified, but already Denis Olivennes plans to make its mark on the grid station.The three highlights of the radio are in his sights: the morning, a real prime time radio, the clearinghouse between noon and 14 pm and finally the early evening.

Marc-Olivier Fogiel left a respite from his new boss by agreeing to remain at the helm of the morning until June, although a clause in a personal capacity to the binder Alexandre Bompard, would have allowed to leave his post during the season. After initially activated, the facilitator chose to re-enlist under the same conditions as soon as the arrival of Denis Olivennes to Europe 1 was formalized saving account pay day loan. However, his fate for the 2011-2012 season is far from sealed.

The news slot between noon and 13:30 could return to a more journalistic profile. It is currently controlled by the animator Jean-Marc Morandini.The latter is also in control of "Greater Media Direct" and 11:00 to 12:00.

Many sites

Finally, the end of the day has yet to prove itself. In September, Alexandre Bompard had indeed achieved a coup by poaching Nicolas Demorand France Inter to support "Europe 1 Evening" from 6:00 p.m. to 8:00 p.m.. But it was disappointed at the publication of the first hearings of the season during the months of September and October. The output results for the months of November and December January 18 will be the next opportunity to see if he managed to regain control.

Bruno Gaston will open these sites upon arrival. The beginning of September in fact prepares and negotiates the spring before the summer.

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Prices remain stable in November in France

December 15, 2010 - 8:48 am Comments Off

In November, the labels remained wise. Inflation rose 0.1% on the month and remains at 1.6% year over year, according to figures released Tuesday by the INSEE. The seasonally adjusted, prices increase by 0.2% the month (+1.6% on a year). "This slight increase in prices in November from both increased oil prices and rising, partly seasonal food prices," said INSEE.

Energy prices rose 0.9% over the month, those of fresh 2%, as is the season. Note, other food products rose slightly as a result of an increase in meat (+0.5%). The price of cigarettes has been increased by 4.3% over the period.

Promotions on toys and audiovisual equipment

However, rates have declined in tourism and manufactured goods prices fell, "a reflection of promotions, according to Insee. Automakers hold promotions to offset the negative effect of the end of the scrapping, the price of new cars falling by 0 unsecured personal loans.7% over the month.

Like every year, the toys are also subject to promotions (-3.1%), as audiovisual equipment (-1.6%). Finally, "the prices of telecommunications services continued to decline (-1.0% over the month and -1.0% yoy) with the introduction of new types of packages," INSEE said.

Deflationary risk

"The inflation risk is now almost zero in France, said in a note to Alexander Law, chief economist at Xerfi."Our main concern today is more of a deflationary," said he. If lower prices becomes reality in 2011, it could certainly be good for purchasing power. But the economic consequences could be negative, this syndrome increasing the debt burden, reducing corporate margins and causing a decrease in activity.

The economist stresses that the underlying inflation rose by only 0.7% compared to 2009. And it has even decreased by 0.1% in November.

Prudence expected on Wall Street

October 23, 2010 - 10:20 am Comments Off

The U.S. stock market should catch their breath Friday. Futures on Standard & Poor's 500 symbolically retreating from 0.01% to 1175.60 points and the Nasdaq 100 on those advancing by 0.06% to 2081.25 points. On Thursday, Wall Street closed in early rising. The Dow Jones rose 0.35% to 11,146 points, the Nasdaq is up 0.09% to 2459 points and the S & P500 by 0.18% to 1180 points.

The market was driven by another round of quarterly results exceeded expectations. eBay, AT & T, Caterpillar, McDonald's or UPS all have in effect announced earnings above analysts' forecasts.

On the foreign exchange market, the euro lost ground against the greenback in the morning, passing below the $ 1.39.By late morning in Paris the European currency was worth 1.3895 dollars, against 1.3918 dollars on the previous evening.

On the macroeconomic front, investors will have their eyes on the meeting of finance ministers and central bankers from the G20 countries, which opened in South Korea on Friday for two days cash till payday loans. At the opening of debate on Friday, the United States has again called on countries to reform their trade surplus to policy changes to strengthen global growth.For its part, the South Korean President Lee Myung-Bak said the G20 must strengthen its credibility in reaching an agreement on reforming the International Monetary Fund (IMF) summit in Seoul in November.

Schlumberger, Amazon.com and American Express monitored

The side of values, the American oil services group Schlumberger aa announced Friday it made a third quarter net profit of 1.734 billion, more than doubled in one year (+120%), and has recorded an increase of 26% its turnover over the same period.

The internet retailer Amazon.com, issued Thursday after the close of the New York Stock Exchange with net income up 16% in the third quarter to $ 231 million, again exceeded expectations. Turnover jumped 39% to 7.56 billion dollars, and should still win 26 to 40% in the fourth quarter.In contrast, "the group's forecasts on the operating margin disappointed" believe the specialist Aurel BGC. According to the group, the margin should be between 3% and 4.2%, while analysts expected 5%. The group announced a sharp increase in its marketing and operational expenses.

Also after the close of Wall Street, American Express announced a 71% increase over one year net income group share in the third quarter of over $ 1 billion. The group's turnover has exceeded $ 7 billion between July and September, up 17% from a year ago and better than expected by analysts. A note card payments are household are up 14%."The volume of loans, however, remain below their levels before the recession, while cardholders continue to carefully manage their finances and pay off their existing debts," said Kenneth Chenault Group CEO Until cash payday loans .

For its part, the IT group SanDisk announced a profit of 322.1 million quarterly. The turnover is 1.23 billion dollars in line with forecasts analysis. It rose 32% year on year. The operating margin above 50% to 52% exactly. The main good news is the group's production of flash memory which is up 40% year on year.The title climbed more than 5% in electronic trading after the market closes.

Also note, AIA, the life insurance subsidiary Asian American International Group, has raised $ 17.9 billion at the IPO in Hong Kong. AIA has placed 5.86 billion shares to 19.68 dollars, a price equal to the top of the indicative range.

Constellation: EDF is in a weak position

October 17, 2010 - 2:40 pm Comments Off

EDF does not give the deal with Constellation. While both companies are in the midst of conflict around their nuclear power plant project in the United States, EDF has proposed to his American partner to meet next Tuesday in Washington to put all issues on the table and find a solution to the dispute .

EDF tends to Contel hand, not really a spirit of conciliation, but because the French utility is in a position of weakness and not of any interest to upset the U.S..

EDF and Constellation formed a joint venture together, UniStar in order to build a nuclear EPR in the United States, the Calvert Cliffs site in Maryland (northeast U.S.), which could big dividends.A step which has also been fraught with difficulties and that took several months to finalize.

Except that earlier this month, the U.S. has unilaterally abandoned this project and announced that he wished to exercise an option to sell assets that could cost up to $ 2 billion to EDF. This clause is part of a contract that both groups had signed in 2008. But since power plants in question have "lost a lot of value," insists EDF, who said he was initially "surprised" and "dismayed" and finally "shock" of such a threat.

For EDF, this option is "obsolete": it had been signed while Constellation was suffering from a severe liquidity crisis due to financial crisis cash advance payday loan.This is no longer the case.

Constellation ready to sell its shares in UniStar

Since the announcement of withdrawal from Constellation, EDF has sent a letter this week to Constellation, by offering two ways out of this crisis situation: either EDF takes over until the start of the project, all risks and expenses related to the site of Calvert Cliffs, it is bought by Constellation in Unistar, with the possibility of involving another U.S. partner in the project.

Constellation has been suggested to sell its shares in EDF UniStar. The American company has applied for a dollar more than $ 117 million in reimbursement of past costs.

But on this option, Constellation has maintained a strong speech: EDF must "respect its commitment to fully honor its contractual obligations."

At the meeting scheduled for Tuesday, EDF would be represented by Thomas Piquemal, group finance director, financial advisors accompaniment of investment bank Lazard and lawyers for the French company.

ALSO READ: "The EDF nuclear program undermined U.S." EDF contacted Constellation "EDF offers two tracks to his partner Constellation EDF / USA is advised by Lazard" EDF completes its presence in the U.S. nuclear (November 2009)

French companies are scrambling to Brazil

October 3, 2010 - 2:08 am Comments Off

"The French are now discovering that the first letter of Bric is B!" The remark has amused Fajole Eric, the director of Ubifrance in Sao Paulo, referring to the term coined by the bank 'Goldman Sachs to describe the four major emerging countries, "Bric" as Brazil, Russia, India and China. Entrusted by Paris to support companies exploring for the Brazilian market, the agency is overwhelmed by requests to the point of hiring new executives. The growing attractiveness is a sign of many of the economic success of President Luiz Inacio Lula da Silva, whose successor will be elected tomorrow – or October 31 if a runoff is necessary.

With 450 companies, the French presence in the Latin American giant is nothing new. Brazil concentrates 37% of the commercial activities of the Hexagon in Latin America.But the fascination with Asian markets, coupled with repeated crises in the region, has long limited the enthusiasm of newcomers.

The situation has changed. Growth above 7% this year, the unprecedented reduction in inequality during the two mandates Lula battalions enabled the emergence of new consumers. In eight years, 31 million people have left poverty to become members of the middle class. "It's the equivalent of a half-France, and it is expected that 36 million poor people to do the same by 2014," Analysis Marcelo Neri, an economist at the Getulio Vargas Foundation.

Major sporting events

The mutation has allowed large groups to give a boost. Lafarge is the case, fell from seventh to third in the cement, or Leroy Merlin DIY market leader. "Brazil is one of the most promising markets for L'Oreal.The cosmetics industry continues to expand, thanks to the rapid development of the middle class, "said Francois-Xavier Fenart, director general of the Brazilian subsidiary. Despite the global economic crisis, L'Oreal ended 2009 in a country where beauty and looks are like nowhere else, with an increase in turnover of 15%.

The novelty is that SMEs, long afraid of Brazil, decided to put up. "Until 2007 we had a hard time getting companies to meet the industry shows now being denied the world," says Eric Fajole. All sectors are at the party, with particular emphasis on pharmaceutical, agribusiness and infrastructure.Everyone has in mind the World Cup football in 2014, and the Olympic Games in Rio de Janeiro in 2016.

Head of consulting for the installation of the companies within the HSBC Bank, Thierry François-Marsal confirms this new craze of companies whose turnover is between 10 and 100 million euros: "The strategy has changed. Before, they were seeking to export to Brazil, which is not easy because of customs barriers. Now, they prefer direct investment, notably through acquisitions. "The challenge is to flee rather weak growth in Europe and open up across Brazil, now the eighth world economy, all the South America. The reverse is also true, and intrigue. "Before, we saw some great groups in Brazil land abroad for two years is also the case of SMEs.As a result, French companies seeking to know what's behind this momentum, "said the expert.

• Year of establishment: 1975

The owner of Segway kills himself with … his Segway

September 27, 2010 - 9:52 pm Comments Off

Jimi Heselden. Photo credits: Associated Press

The EPR Flamanville two years late

July 31, 2010 - 11:32 pm Comments Off

It's now official, EDF has announced a delay for the EPR Flamanville, in the Channel. Delaying the start date of the reactor is two years "the goal of the first marketable production is now set to 2014," says management.

And the cost of construction is "re-estimated at around five billion euros," confirms the group. So far, the construction of 3rd generation reactor was estimated at four billion euros.

According to Jack Tord, coordinator CGT on the site, this would involve additional time to recruit more staff on site.The staff, already brought to 3,000 employees, "should reach 3500 to the end of the year or early next year," said he.

The management of EDF had implicitly recognized in November 2009 after a delay of one year, distinguishing between the engine start, in 2012, and "production of electricity sold, set up in 2013.

A delay not surprising

Delays in the EPR Flamanville are regularly mentioned in the press. In January, Le Figaro and Les Echos mentioned already "at least two years late" for a cost of 5 billion euros.Thursday, Le Monde and Le Parisien also evoked a start in 2014, against 2012 under the original schedule.

CGT refers to EDF for several months delay of this order, the Paris-based delegates arguing two years late and those of construction Flamanville a year and a half.

Credibility of the EPR

In a report released Tuesday by the Elysee Palace, the former boss of EDF Francois Roussely called to urgently establish a "priority action plan" to "ensure the construction of the nuclear Flamanville 3 in the best conditions cost and time.

Objective, preserve the credibility of the maximum EPR model and "the ability of the French nuclear industry to achieve new power plants were built, after the difficulties encountered on the Olkiluoto site in Finland and that of the third installment of Flamanville.

Construction of the EPR at Olkiluoto in Finland, led by the Areva group, accuses the four years behind its original schedule, with a reactor startup scheduled for late 2012 or early 2013.

Areva has spent 2.7 billion euros of provisions in its accounts for the site, while the cost of the EPR was initially estimated at 3 billion euros.

"Consumers will be better protected"

July 23, 2010 - 7:20 am Comments Off

ABC News – Where is the bill that protects the personal assets of individual entrepreneurs?

Herve Novelli – The decrees of applications of this law appear before the end of the year for implementation status as of 1 January 2011. We will do everything to create a sole proprietorship with limited liability (EIRL) is simple. It is possible to create an online EIRL site counter-entreprises.fr. I also implemented a feature that allows the entrepreneur to avoid having to give a personal guarantee to the bank when he wants to borrow money, this financial product will be managed by OSEO will guarantee up to 70% maximum loan granted by the bank.

Banks are hostile to the creation of a sole proprietorship to limited liability.How to convince?

Banks must be with contractors, as the state has to be by their side when they needed it. I will ask the banks in September to explain the importance of this reform on 1.5 million individual entrepreneurs. I do not want there to be ruined because of artisans of a bankruptcy professional.

This Order is being signed and will include officials from exercising a complementary service activities to the person.

The study group set up with the budget minister working for the simplicity of the status of self-contractor be extended to 1.5 million self-employed. The aim is that the deadlines for payroll taxes are more in line with sales receipts.It is better to consider the impacts on cash social security contributions, especially when the turnover decreased quick pay day loan. The working group will issue its findings in late September.

I signed on July 28 financing agreements on the training of entrepreneurs with self-insurance fund training. The State will fund this year to the tune of 5 million euros.

Protecting consumers, as business support is essential to revitalize our economy. I decided three types of operation for this semester. The administration of fraud prevention is better control of online commerce sites that are becoming more numerous. It has created 17,000 sites trade thanks to the status of self-contractor. 24 million French people use them, and nearly one in two French selects his holiday on the internet.I will start early September also strengthened controls to enforce the rights of students who rent rooms and furnished and are sometimes subject to unfair terms. Finally, I want to limit the accidents of everyday life that are still too many in connection with the Consumer Safety Commission mandated that I have on this

After several months of negotiations between MEDEF and consumer associations, we have reached an agreement on the protection of personal digital data. Consumers who buy a product on the Internet should give their consent for their personal information is transmitted to other sites. They will oppose it easier to use their personal data for commercial purposes.

Technip maintains its forecast for 2010

July 22, 2010 - 6:44 pm Comments Off

Technip has published today the results down in the second quarter of 2010. Turnover amounted to 1.485 billion euros, down 14.3% as reported from the second quarter of 2009 (18.4% excluding currency effects). Net profit reached 106 million euros, or 8.7% less than last year over the same period. The operating margin was also reduced: it reached 10.8% against 11.3% in the second quarter in 2009.

The specialist oil services records, however, a sharp increase in orders. The order backlog amounted to 8.263 million euros. In the second quarter, order intake was EUR 1.524 million, "almost evenly divided between the segments and Subsea Onshore / Offshore, against 873 million in the second quarter of 2009, bouncing about 74%.The group hopes that the resumption of orders in the Norwegian part will continue and believes that the Brazilian market remains "promising" No fax cash advance.

Work continues

Technip therefore maintains its objectives for the year. The company expects a turnover of between 5.9 and 6.1 billion euros (2.6 to 2,700,000,000 in subsea). The expected operating margin should exceed 15%.

Regarding the oil spill in the Gulf of Mexico, the company said that "at this stage, [its] operations were not affected in 2010 but the new orders could be delayed in the short term."In the longer term we believe that operators prefer to work with contractors who have maintained a constant effort to invest in security," the group added, stressing that it is a central element of its strategy .

BP could contain the oil spill by Monday

July 11, 2010 - 7:00 pm Comments Off

This is the most reassuring news announced by the U.S. authorities for more than two months. According to Coast Guard Admiral Thad Allen American to oversee cleanup operations in the Gulf of Mexico, BP should be able to contain 100% the gap in the well from which oil flows to by Monday. A new funnel, bigger than previous ones, is currently installed by the British oil.

This funnel, called "Top Hat Number 10", should recover up to 80,000 barrels of oil per day (12.7 million liters), against 25,000 now. The authorities are optimistic that based on their assessments, the well lost more than 60,000 barrels per day. The previous dome will be first removed. A large quantity of oil escape so well for 48 hours.But once the new funnel posed, the results will be immediate, promises Thad Allen.

Since April 20, the day of the explosion of the Deepwater Horizon platform off the coast of Louisiana, BP has increased its attempts to clogging, all unsuccessful.

No stop before August

BP was more cautious in its forecasts. Bob Dudley, responsible for managing the disaster, spoke of another scenario where difficulties in installing the new funnel could delay the time from Monday to Thursday.

But authorities are confident: "We have the climate we need," said Thad Allen. The admiral, however, required to calm the enthusiasm that followed the announcement. "I used the word 'contain' and not 'stop'," he commented. According to him, the well would not be closed as well as two-pass will not be completed.These wells, dug deep to inject cement and mud, should not be installed until mid-August. Once the leak stopped, the extensive cleaning and restoration of the ratings will continue.

Anadarko does not pay

On this last point, BP was again struck Friday denied Anadarko Petroleum. The company, which owns 25% of wells responsible for the spill, said she would not pay the $ 272 million that BP is asking her to cover their share of cleanup costs, according to U.S. law known pollution.

On June 18, the tension was raised a notch between the two partners lorsqu'Anadarko stated that the explosion of April 20 on the platform Deepwater Horizon, "was preventable and was a direct result of decisions and actions BP unthinking.

In another e-mail sent Friday, a spokesman for Anadarko, John Christiansen, however, felt that his group remained "committed to working in good faith with BP to reach a satisfactory resolution."

BP is now awaiting the response of Mitsui, which owns 10% of the wells. The British oil giant is claiming $ 112 million for cleanup costs. The company has not yet made its position.

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