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Coup de theater in the German software company SAP. After learning, during a supervisory board that his contract was not renewed, the CEO, Leo Apotheker, has resigned with immediate effect Sunday night. He will be replaced as head of the group by the duo Co-CEOs Bill McDermott, who heads the field organization, and Jim Hagemann Snabe, responsible for product development.

"The new organization's executive committee will allow SAP to better align product innovation and customer needs.The new team will continue to lead SAP's strategy and focus on profitable growth, while offering innovations delivered in the course of 2010 to enhance the leading position of SAP in the market for enterprise software " says Hasso Plattner, co-founder and chairman of the supervisory board of SAP, in a statement no credit check payday loans .

Leo Apotheker was at SAP since 1998 and only the head of the company since April 2008. He is the founder of SAP France and was appointed Director General before the departure of his predecessor, Henning Kagermann, to ensure a smooth transition

He reproached his communication internally and externally and does not reflect the views of customers in its strategic choices.Especially, the directors have endorsed the delay by the group in the development of cloud computing, which is to enable small and medium-sized businesses access to software not installed on their networks, but via the Internet.

SAP reached in 2009 net profit down 4% to 1.8 billion euros.

A conference call will be broadcast on Monday at 14.30.

The crisis has backfired in China. With more than 8% growth in 2009, Beijing table already on a growth of 9.5% for 2010, relegating the slowdown of the first and second quarters to the level of vague memory. In any case the forecast of the State Council Development Research Center, near the Chinese government, which estimates that investment driven by the market will gradually take over from the recovery plan launched by the Chinese state during the coming year.

The property "become the main source of investment growth," said Zhang Liqun, an economist with the think-tank, in a report published Friday in the China Economic Times, a newspaper that publishes all research center. Investments in this sector are expected to jump 30% to 40%. Inflation, which feeds a lot of concern among analysts, should be contained below 3%.

Mr.Zhang also provides for a resumption of exports, which depends on the Chinese economy, which had declined in 2009. For his part, Minister of Commerce Chen Deming, recalled earlier in the week a foreign trade up 10% to 15% in 2010.

These estimates are supported by the leading indicators of economic conditions, past the green for several months already. The index of purchasing managers has reached 56.6 in December, registering its highest level in twenty-two months. Above 50, the index indicates an expansion of production.

Concerns about credit

In the third quarter of last year, China's economy recorded 8.9% growth. Even in 2008, which saw the economic slowdown begin has not broken a positive revision of growth figures – like previous years.The National Bureau of Statistics announced a correction of + 0.6% of the increase in gross domestic product (GDP) in 2008 to 9.6% after a reassessment of the place of service sector growth.

For 2010, the Chinese machine should not make a break. President Hu Jintao called for continued rapid economic development and stable, when television delivered his vows December 31. Most analysts expect growth to exceed that of 2009. The Asian Development Bank on a table and GDP growth of 8.9%, against 9% for the International Monetary Fund and 9.3% for the Economist Intelligence Unit.

But challenges remain unchanged. Faced with the explosion of credit in 2009, which helped finance the generous recovery plan, the Chinese Premier did not hide some concerns."It is good that our bank loans are more balanced, better structured and to a lesser extent," confided Wen Jiabao to the official news agency Xinhua last weekend. He asserted, however, want to maintain the stimulus to avoid the risk of jeopardizing the country's development. In 2010, Beijing will need more than ever think about a way of sustainable growth for the drafting of the new five-year plan, covering the period 2011-2015.

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The first results of the survey of 102,000 employees of France Telecom are falling, and they are not in favor of the operator. "Felt generally very degraded", "weakening the physical and mental health of some employees'" work atmosphere tense, even violent "are some of the findings prepared by the firm specializes Technologia at the end of the investigation since mid-October in France Telecom. A summary of 75 pages which had access to the Associated Press was delivered Monday morning to both management and unions of the operator.

They were more than 80,000 employees of the group or 77.9% to the questionnaire prepared by Technologia, Workforce oldest in the company and the most experienced showing particularly concerned.

"A functional mobility badly accompanied"

The summary report shows the "strong concerns" of employees surveyed, with the consequence including the loss of the "pride of belonging to France Telecom" and "felt generally very degraded." They were in fact 96% say that proud of this membership cons only 39% today. The difficult working conditions, with a "weakening of the physical and mental health", mainly those in charge of sales and "interventions customers.

More generally, the investigation reveals a "functional mobility badly together," and a "geographical mobility of non-sensitive framework, thus confirming an earlier observation made by many employees.In total they are 55% declare themselves "somewhat dissatisfied" on a professional level, and 65% believed that their working conditions have deteriorated, according to the CFE-CGC.

Moreover, "social relations deteriorated" are found among non-executives, including a "major failure of management" and "working atmosphere tense, even violent.

"The diagnosis is indicative of the internal situation" responded Patrice Diochet the CFTC, adding hope that "this diagnosis is a detonator." "We must use this tool to put pressure on the ongoing negotiations on stress," he added.

Playing the card of transparency in anticipation of these results, France Telecom announced a total of 32 suicides among its members for two years. The operator has not yet made public its reaction.

The boss of EDF, Henri Proglio, presented Thursday to Laurent Wauquiez report on the promotion and development of alternation that Nicolas Sarkozy had ordered in April. Secretary of State for Employment wants some of its proposals – the promotion of alternation in terms of performance of public contracts, creating a portal to alternate or launching a campaign communication – to be "implemented immediately. To achieve the objective that five young people either in training by alternating between 2015 'and is closer to Germany in the field, it will launch workshops alternation.

Simplifying funding

These "think-tanks of learning", composed of representatives of training centers of chambers, organizations collecting funds and training of young apprentices must make by February "concrete answers to three questions major.

Primo, Laurent Wauquiez asked to indicate "how to help trainees in their daily lives, especially their conditions of transport, accommodation, purchase of equipment, their enterprise search or choice of their training.

Deuzio, he asks "how to develop alternate" and "extend to all levels of curriculum" and "tertiary trades" that employ only 8% of apprentices in France while there are massive deposits in tourism or call centers. The issue of quota systems, mentioned in the report Proglio, should be particularly addressed.

Thirdly, the Secretary of State for Employment will "simplify the steps or funding to encourage more companies to capitalize on the alternation.

The Paris Bourse breath on Monday following a sharp rise in a row Friday to U.S. unemployment figures. The improvement on the labor market in the United States did not establish a huge bullish consensus within the financial community. Factors support abound yet not: the rise of the dollar against major currencies has helped export values to hold their own game in the coast. But the recent outperformance of equity markets suggests that the good news on Friday was already included in prices.

At closing, the Paris Bourse shows a small decline of 0.17% to 3840 points. Even locations in London, which fell 0.22% and Frankfurt back from 0.57% to 5784 points.

More at 18h15.

The bank employees of Societe Generale were on strike Tuesday. Like their colleagues at HSBC France. In Defense or the Champs-Elysees, hundreds of them gathered to demonstrate. These disgruntled bankers do not resent the loss of their bonus. They are employees of the network who try to bend their leadership in wage negotiations. They also protest against new working arrangements introduced gradually in the agencies. If they are not heard, the mobilization of Tuesday could be repeated throughout the winter, prevent unions.

Lean months

The branch negotiations have so far failed. The French Banking Association (AFB, which concerns only part of the sector) proposing an increase of 1.5% of the conventional minimum, when the unions called for a general revaluation."These last months have been very difficult for employees, now that banks are profitable again, they must reward their employees," all argue their union representatives. A discourse that often encounters Department still concentrated on management costs during periods of low growth. For now, only BNP Paribas was able to complete an agreement with its unions. Elsewhere negotiations are ongoing.

They have taken a particularly difficult at Societe Generale, affected, in addition to the financial crisis, by a succession of setbacks: Kerviel affair, the uproar caused by stock options for executives … Wednesday, 8.5% of employees by management , 30% for CGT representative, went on strike. They call about 2% increase against the 0.7% proposed by management, embellished a stake of EUR 600.Frederick Oudéa, the new CEO of Societe Generale, is expected to manage this conflict, rare for a bank to the social body traditionally welded with its direction. Employees of HSBC France were also called the strike on Tuesday. "At least 600 people marched on the Champs-Elysees, notes Gerard Huger, the delegate CFTC. Management does not hear us, we will write to the headquarters in London, and organize new day of mobilizations in France. "Management has identified for its 6% share of strikers in Paris and 12.8% in the provinces.

In LCL, Crédit Agricole group, the unions expect one-day strike in January. Until then, they organize events December 2 at the last negotiating session with management. Side BPCE (Caisses d'Epargne and Banques Populaires), negotiations begin.