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	<title>World and National News &#187; economics</title>
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		<link>http://club-champs.com/358/</link>
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		<pubDate>Tue, 22 Nov 2011 01:16:02 +0000</pubDate>
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		<description><![CDATA[ The pub, some question its effectiveness. No jurors Effie Award, which annually recognizes the most effective campaigns. The 28 award-winning devices (11 Effie gold, 11 silver and 6 bronze) for the eighteenth edition are no exception to the rule.And they are all the more commendable that they worked at a time when every dollar [...]]]></description>
			<content:encoded><![CDATA[<p> The pub, some question its effectiveness. No jurors Effie Award, which annually recognizes the most effective campaigns. The 28 award-winning devices (11 Effie gold, 11 silver and 6 bronze) for the eighteenth edition are no exception to the rule.And they are all the more commendable that they worked at a time when every dollar invested in communications account, and that, at the same time, the level of phobia is high. </p>
<p> While creative advertising agencies are competing for the creative awards (Cannes Lions, Art Directors Club &#8230;), the trading them, and their advertising clients prefer to get a price Effie, synonymous with effectiveness measured, proven and proven to a jury of twenty professionals (advertisers, agencies, media, research institutes), chaired this year by the president of Ipsos, Didier Truchot. </p>
<p> For the first time in its history, the awards reward campaign B to B (that is to say for professionals) conducted by the agency Leg (Havas) to SFR.</p>
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		<title>The ferry company SeaFrance into liquidation</title>
		<link>http://club-champs.com/the-ferry-company-seafrance-into-liquidation/</link>
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		<pubDate>Thu, 17 Nov 2011 01:32:03 +0000</pubDate>
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		<description><![CDATA[ Estoppel to potential buyers of SeaFrance. The Commercial Court of Paris on Monday gave the liquidation of the French company SeaFrance ferries in the Channel, but now the activity until January 28, 2012. The court found that the two takeover bids submitted by Louis Dreyfus Armateurs (LDA), associated with the Danish DFDS group, and [...]]]></description>
			<content:encoded><![CDATA[<p> Estoppel to potential buyers of SeaFrance. The Commercial Court of Paris on Monday gave the liquidation of the French company SeaFrance ferries in the Channel, but now the activity until January 28, 2012. The court found that the two takeover bids submitted by Louis Dreyfus Armateurs (LDA), associated with the Danish DFDS group, and the CFDT union in the enterprise, were not satisfactory as it stands. However, he left the door open for the submission of new offers before December 12. </p>
<p> SeaFrance employs 880 permanent employees and 200 CDD, according seasons. The plan proposed by the LDA-tandem DFDS provided for the protection of 460 FTE jobs, maintaining SeaFrance under the French flag, the recovery of three ships 5 million and an investment of 50 million for repairs to boats.</p>
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		<link>http://club-champs.com/354/</link>
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		<pubDate>Mon, 14 Nov 2011 06:32:31 +0000</pubDate>
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		<description><![CDATA[ The appointment of the new Italian Prime Minister, the respected economist Mario Monti, seems to reassure the markets. After last night the appointment of a successor to Silvio Berlusconi, the euro recovers against the greenback and the yen. Early Monday morning, it is 1.3770 dollar and 106.29 yen against 105.97 yen and 1.3739 dollar [...]]]></description>
			<content:encoded><![CDATA[<p> The appointment of the new Italian Prime Minister, the respected economist Mario Monti, seems to reassure the markets. After last night the appointment of a successor to Silvio Berlusconi, the euro recovers against the greenback and the yen. Early Monday morning, it is 1.3770 dollar and 106.29 yen against 105.97 yen and 1.3739 dollar on Friday night. This change in the executive in Italy, and one that took place in Greece, revived the hopes of ending the crisis in the euro area and reinforce the mood of the Asian indices, sharply higher this morning. </p>
<p> The comments made yesterday by the new Italian government attempted to reassure people, but realistic. On the occasion of a brief statement to the press, the former European Commissioner said that Italy could &quot;win&quot; the debt crisis through a &quot;collective effort&quot; <a href="http://paydayloans-on.com">payday loans no teletrack</a><!-- . -->.Mario Monti also found that Italy, a founding member of the European Union, would be &quot;an element of strength, not weakness.&quot; Thus, he said, the objective of the new government will &quot;clean up the financial position and resume the path of growth in a context of increased attention to social justice.&quot; Meanwhile, the Italian Senate passed this weekend the anti-crisis plan promised the European Union. </p>
<p> Mario Monti had to race to form a new government as soon as possible, within ten days. From last night, the new head of state has initiated consultations to obtain a broad political consensus.</p>
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		<title>Primary PS: BFMTV, iTV and LCI reprimanded by the CSA</title>
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		<pubDate>Mon, 17 Oct 2011 18:50:51 +0000</pubDate>
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		<description><![CDATA[ This morning, the Superior Audiovisual Council (CSA) summoned the three news channels continuously BFM TV, iTV and LCI for a wake-up call muscular. The subject? These chains have gone far beyond the time allowed the Socialist Party (PS) during the primaries. The rule of speaking time issued by the CSA requires TV stations to [...]]]></description>
			<content:encoded><![CDATA[<p> This morning, the Superior Audiovisual Council (CSA) summoned the three news channels continuously BFM TV, iTV and LCI for a wake-up call muscular. The subject? These chains have gone far beyond the time allowed the Socialist Party (PS) during the primaries. The rule of speaking time issued by the CSA requires TV stations to give the parliamentary opposition (PS), a talk time of 50% that of the majority bloc. Settlement takes place on three months of information for newspapers and magazines for six months of information. </p>
<p> However, the CSA noted that the period from 1 July to 30 September, the news channel did not respect this balance on newspapers for information.&quot;ITV has given the opposition parliamentary speaking time 146% higher than that of the majority, BFMTV gave 142% and 130% LCI! Unheard of at this level &quot;protests Christine Kelly, a member of the CSA in charge of the case. &quot;The time allowed to PS was significantly exceeded&quot; acknowledges CEO Guillaume Dubois BFMTV. &quot;We have given priority to the information. Now the case has raised the antenna DSK in July and August, the Senate elections and primaries PS mobilized in September. We invited representatives of the majority but they decided to be discreet &quot;defends Guillaume Dubois. &quot;It&#39;s not the fault of having warned replies Christine Kelly. I have met for the first time in July and I have warned against a possible slip of the Senate and the primary &quot; </p>
<p> Tomorrow morning, the CSA will meet in plenary session.Constable Audiovisual could decide on a formal channels of information. &quot;It&#39;s a yellow card. But if they start, then the CSA will release a red card and take sanctions &quot;warns Christine Kelly, a member of the CSA. </p>
<p> However, the CSA notes that most other television and radio all have fully complied with the instructions. On the side of France Televisions, which also broadcast the primaries in two news magazines, the balance was followed. Information for newspapers, counters ended September 30 show that the parliamentary opposition bloc has 51% of speaking time points Thierry Thuillier, the Director of Information of France Televisions.The new review period from 1 October to 31 December, France Televisions ensure balance time for the presidential majority, including calling Francois Fillon to 20 hours of JT France 2 tonight. </p>
<p> For news magazines, France Televisions has until Dec. 31 to offset the 4:45 discussion devoted to the primaries. Already Alain Juppe had been invited for two hours in the program &quot;The words and actions&quot; on September 30. Tonight, the program &quot;Crossword&quot; lasting 80 minutes will receive a majority of three personalities: Lionel Luca, Chantal Jouanno and Herve Morin. Finally, France Television is negotiating for an intervention of Nicolas Sarkozy on October 24.In this case, if the head of state talking about the crisis of the euro or Greek debt, his time is not counted, however if he talks about domestic policy, then the speaking time will be taken into account. </p>
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		<title>Vestiairedecopines.com exporting its concept to the international</title>
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		<pubDate>Mon, 03 Oct 2011 18:35:19 +0000</pubDate>
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		<description><![CDATA[ This is the new fad on the web. Vestiairedecopines.com is the top site that enables passionate fashion to sell part of their wardrobe to help buy other items. This site, created two years ago, has already brought together a community of 600,000 members connected in a vast social network. 
 Today, advised by Clipperton [...]]]></description>
			<content:encoded><![CDATA[<p> This is the new fad on the web. Vestiairedecopines.com is the top site that enables passionate fashion to sell part of their wardrobe to help buy other items. This site, created two years ago, has already brought together a community of 600,000 members connected in a vast social network. </p>
<p> Today, advised by Clipperton Finance, the site raises 7.5 million euros to the U.S. investment fund and its shareholders Balderton Ventech history. This capital value to the site between 20 and 25 million euros. On that occasion, Bernard Liautaud, a partner at Balderton Capital and former founder and CEO of Business Objects, will join the board of vestiairedecopines.com to advise the company in its international expansion. </p>
<p> &quot;Vestiairedecopines.com experiencing very strong growth driven by the community.On the site, we selected 45,000 articles fashion products, clothes, shoes, shoes, accessories are discussed live by the community before being purchased. When we receive the product, we inspect its condition before shipping to the buyer. Nearly 200,000 items were circulated in 2011, representing between 350 and 400 orders per day package. Our business volume in 2010 represented 3.3 million and we expect to increase this volume by 4 in 2011 to 12 million and it should still be multiplied by 3 in 2012, &quot;explains Sébastien Fabre, co-founder of the site and CEO. </p>
<p> If the site is also available in French, the community, it is already international in 17%.Mainly British and Germans who come to the French fashion articles and advice from members. </p>
<p> Britain and Germany
<p> Vestiairedecopines.com is going to quickly open a site in English and in German by the end of the year, while centralizing the packages still in France. In the longer term, the site will address the United States by implanting a logistics service. But before considering expansion abroad, it will have to change its name, is certainly very vestiairedecopines.com French, it is unpronounceable in English! </p>
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		<title>Wall Street still in the red</title>
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		<pubDate>Sat, 24 Sep 2011 07:55:51 +0000</pubDate>
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		<description><![CDATA[ The U.S. stock markets, continue to fall on Friday. The Dow Jones was down 0.55% at 10,680 points and the Nasdaq 100 lost 0.06% in 2454 symbolically points. The markets are still haunted by the fear of a recession in the U.S. and the crisis of public debts. Wall Street tumbled Thursday was at [...]]]></description>
			<content:encoded><![CDATA[<p> The U.S. stock markets, continue to fall on Friday. The Dow Jones was down 0.55% at 10,680 points and the Nasdaq 100 lost 0.06% in 2454 symbolically points. The markets are still haunted by the fear of a recession in the U.S. and the crisis of public debts. Wall Street tumbled Thursday was at the end. The Dow Jones ends with a fall of more than 3%. </p>
<p> In an attempt to stop the stock market crash, the finance ministers and central bankers of the twenty leading economies gathered in Washington last Thursday pledged to provide &quot;a strong and coordinated international response&quot; to the crisis at a meeting in Washington. In a joint statement, they agreed to ensure that &quot;banks have adequate capital&quot; and promised to provide &quot;the necessary liquidity&quot; to financial institutions.But for specialists Aurel BGC, &quot;the real decisions are referred to the Summit of Heads of State and Government to be held in Cannes, 3 and 4 November.&quot; </p>
<p> The Perfect Storm, the large emerging group of &quot;Bric&quot; were &quot;determined to accelerate structural reforms to sustain strong growth.&quot; Brazil, Russia, India and China but also South Africa so consider &quot;if necessary, to provide support through the IMF or other international financial institutions, to address the current challenges facing the global financial stability, according to the circumstances of each country. &quot;The inventor of the BRIC, Jim O&#39;Neill, chairman of Goldman Sachs Asset Management, said however that emerging markets are likely to require at least, in exchange for their support, greater clarity on how the Europe has to solve its crisis. </p>
<p> Gloomy outlook for world trade
<p> In response to a request by the G20 in September addressed to Nicolas Sarkozy, the countries of the euro area have also promised to implement &quot;necessary measures to increase the flexibility of the European Financial Stability Fund (EFSF)&quot; to avoid contagion from the crisis in Greece. Yesterday, the possibility of a defect in Athens, though long ruled by EU leaders, was raised by Klaas Knot, Member of the Board of Governors of the European Central Bank (ECB).&quot;This is one of the scenarios,&quot; he told the Dutch newspaper Het Financieele Dagblad. </p>
<p> The specter of a global recession has suddenly resurfaced after the ads pessimistic U.S. Federal Reserve (Fed), which held that the U.S. economic recovery was &quot;slow&quot; and threatened by &quot;high risk&quot;. Wednesday she has decided to sell by the end of June 2012 for $ 400 billion of treasury bills and to purchase for the same amount with a longer maturity.But the fact that it favors measures to monetary easing, a depressed market on Thursday, who sees as a sign of impotence.
<p> New signs of abating, the World Trade Organization (WTO) revised downwards its forecast for this Friday trade growth for 2011, expecting growth of world trade by 5.8% against 6.5% forecast so far, according to its website. </p>
<p> On the foreign exchange market, the euro climbed slightly against the U.S. dollar: it rose on Friday by 0.57% to 1.3533 dollar. Oil prices also went up.A barrel of &quot;light sweet crude&quot; for delivery in November, which had tumbled more than $ 5 the day before returning 1% by mid-morning at 81.31 dollars.
<p> The side of values, after the close of the NYSE YorkHewlett-Packard announced the replacement of Leo Apotheker as CEO from Meg Whitman, confirming the many rumors that had circulated in recent days. </p>
<p> At Advanced Micro Devices (AMD) is Rick Bergman Devices, responsible for products, who announced his resignation. The CEO will temporarily Rory Read office. </p>
<p> Covidien raised its quarterly dividend 12.5% ​​to 0.225 dollar per share.And, for its part McDonald&#39;s has increased its 15% to $ 0.7 per share. </p>
<p> In order to treat its shareholders well, Raytheon has authorized a stock repurchase plan of $ 2 billion. </p>
<p> The American manufacturer of sporting Nike has exceeded market expectations by posting yesterday after the close of U.S. markets net income for the first quarter of fiscal year up 15% to $ 645 million, driven by its Sales in North America and in emerging countries. Revenues rose 11% to $ 6.1 billion.Orders scheduled for delivery between September 2011 and January 2012 were up 16% to $ 8.5 billion. </p>
<p> On the occasion of a major overhaul of its website, Facebooks&#39;est services associated with music, news and video, including Spotify, Deezer and Dailymotion, and challenge from Apple in the content. </p>
<p> ALSO READ: </p>
<p> &quot;FILE &#8211; Crisis: Fear of debt </p></p>
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		<title>Degradation of the global economy worries CAC</title>
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		<pubDate>Thu, 22 Sep 2011 13:56:02 +0000</pubDate>
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		<description><![CDATA[ Concerns about the health of the U.S. economy may once again to weigh on the markets in Paris. In the wake of Wall Street the day before and Asian stock markets this morning, the CAC 40 lost more than 4% to 2815 points, having already fallen by 1.6% at its previous meeting. Same trend [...]]]></description>
			<content:encoded><![CDATA[<p> Concerns about the health of the U.S. economy may once again to weigh on the markets in Paris. In the wake of Wall Street the day before and Asian stock markets this morning, the CAC 40 lost more than 4% to 2815 points, having already fallen by 1.6% at its previous meeting. Same trend in other European stock exchanges: the London FTSE-100 lost 2.5% to 5150.06 points, the FTSE Mib in Milan, 2.43% to 13,776 points, the Dax in Frankfurt at 3.24% 5257 points, and the Ibex 35 in Madrid, 2.80% to 7980 points. </p>
<p> Market sanction and the decision of the U.S. Federal Reserve (Fed) on Wednesday. In fact, the Central Bank of the United States announced new measures to support the U.S. economy.It will sell well here in late June 2012 for $ 400 billion of treasury bills and short-term buy for the same amount with a longer maturity in an attempt to lower interest rates in the long term (an &quot;Operation Twist&quot;). To support the mortgage market, it will also acquire real estate securities without increasing the size of its portfolio, according to the Committee. </p>
<p> IMF worried about global growth
<p> However, markets did not appreciate his verdict on the economy, noting the &quot;continuing weakness&quot; of the labor market, with an unemployment rate of &quot;high&quot; of 9.1%, coupled with &quot;significant risks &quot;related&quot; tensions in global financial markets. &quot;&quot;The opinion of the Fed on the economy is deteriorating a lot and it seems it can not do much with the Republicans (he) asked not to intervene,&quot; says Yutaka Miura, analyst at house brokerage Mizuho Securities, the Dow Jones Newswires. </p>
<p> Thus, the market had expected better, especially after worrying about the International Monetary Fund. The day before, the institution headed by Christine did not hesitate to raise the specter of a global recession and launched at policy makers in the world &quot;a fervent call to action&quot;. At the same time the institution has significantly downgraded its growth forecasts for the global economy. This is expected to grow 4% in 2011 as in 2012, 0.5 points below its previous forecast of 4.5% last April.</p>
<p> Beijing sees its manufacturing activity deteriorated
<p> To this must be added the emergence of concerns about the economic situation in China. Manufacturing activity in the country has deteriorated in September, reaching its lowest level in two months, according to preliminary PMI bank HSBC said on Thursday. PMI Purchasing Managers calculated by HSBC in September reached 49.4 against 49.9 in August, knowing that a figure below 50 means contraction. &quot;We are seeing a moderation in growth as in the past two months.Fears of a hard landing for the Chinese economy are unjustified, &quot;said in a note Qu Hongbin, the chief economist for China at the bank. </p>
<p> In France, the growth of private sector activity in France in September fell to its lowest level since the beginning of the recovery in 2009, the PMI &quot;flash&quot; in the manufacturing sector fell to 47.3 against 49.1 in August. </p>
<p> In Germany, the composite PMI, which includes industry and services, stood at 50.8, its lowest level since July 2009 against 51.3 in August. </p>
<p> In addition, investors are increasingly worried about the evolution of the crisis of public finances in Europe. Greece announced Wednesday its intention to launch new austerity measures to convince the Troika and obtain payment of a new tranche of 8 billion euros in October that will allow it to avoid bankruptcy.</p>
<p> On the foreign exchange market, the dollar was up against the euro. It was worth 1.3544 dollars per euro, against $ 1.37 the day before in Asia. Oil falls as himself down under the effect of a rise in the dollar and pessimistic forecasts from the U.S. Federal Reserve (Fed) for the world&#39;s largest economy.In early electronic trading, a barrel of &quot;light sweet crude&quot; for October delivery gave up $ 1.21 to 84.71 dollars per barrel of Brent North Sea crude for October delivery lost $ 1.26 to 109, $ 10. </p>
<p> In the U.S., the weekly claims for unemployment benefits will be unveiled at 14.30, and the composite indicator of economic activity for the month of August in 16 hours. </p>
<p> Earlier this afternoon, the markets also expect the statements of Robert Zoellick and Christine Lagarde, respectively president of the World Bank and IMF Executive Director, at the opening of the annual meetings in Washington </p>
<p> Values ​​to follow
<p> • Banking </p>
<p> BNP Paribas (-2.09% to 23.94 euros), which saw its share price unscrew more than 50% in three months, may request assistance to private investors understood the Financial Times.Analysts said that the institution may seek to raise up to EUR 2 billion from investors from Qatar and Abu Dhabi. However, an assumption that sweeps by the Director General of the bank Baudoin Prot. Investors also will keep an eye on Societe Generale (-4.76% to 16.12 euros) and Credit Agricole (-1.14% to 4.61 euros). </p>
<p> • Saint-Gobain (-2.98% to 28.67 euros) </p>
<p> The group has conducted Wednesday through placement of a bond issue in two tranches for a total of 1.75 billion euros with an average maturity close to six years and an average coupon of almost 4% in the refinancing of debt specialist construction materials. The transaction was heavily oversubscribed as the order book has reached the aggregate for the two tranches over seven billion from nearly 400 investors.</p>
<p> • Danone (-1.98% to 43.02 euros) </p>
<p> The company launched its next bond issue of € 500 million due 2016. </p>
<p> • BioAlliance (-5.65% to 3.17 euros) </p>
<p> The group announced Wednesday the confirmation of the clinical trial schedule Livatag against the primary liver cancer, starting with the pivotal Phase III in 2012. The company also reported a residual income of 1.02 million euros in the first half. </p>
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		<title>&quot;If Greece dark, the entire EU to be at risk&quot;</title>
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		<pubDate>Mon, 19 Sep 2011 05:32:09 +0000</pubDate>
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		<description><![CDATA[ LE FIGARO &#8211; You met President Nicolas Sarkozy Friday. What is your analysis of the crisis in the euro area? 
 Pedro Passos Coelho &#8211; Our views are converging. We must accelerate the process of ratifying the plan in July that the EU speaks with one voice. It is essential to avoid systemic risk. [...]]]></description>
			<content:encoded><![CDATA[<p> LE FIGARO &#8211; You met President Nicolas Sarkozy Friday. What is your analysis of the crisis in the euro area? </p>
<p> Pedro Passos Coelho &#8211; Our views are converging. We must accelerate the process of ratifying the plan in July that the EU speaks with one voice. It is essential to avoid systemic risk. How to convince the markets where European leaders expressed doubts on the future of Europe! It must be absolutely avoided, it is better to be silent than to sow doubt. </p>
<p> Would it be better to organize the failure of Greece? </p>
<p> I refuse to make predictions, I&#39;d rather be patient and hope that Athens takes its objectives and carry out sustainable reforms. If Greece dark, the entire EU to be at risk.We need to help Greece and at the same time strengthen the EU, to establish a more integrated economic government which deals with taxation. </p>
<p> What are the consequences in Portugal of the deepening crisis in Greece? </p>
<p> Portugal is in a vulnerable position vis-à-vis Greece. If the crisis worsens, it will make our recovery process more difficult. My vision is very pragmatic: we must make every effort to carry out reforms and fiscal consolidation. </p>
<p> Economists doubt your ability to meet commitments on fiscal 2011? </p>
<p> The aid package was negotiated before the elections. Since then we have taken additional steps preventive and our calendar of spending cuts is more ambitious. We have the political support for it.We will keep the target of 5.9% of GDP deficit in 2011 and are targeting a primary surplus (excluding debt service) in 2012 for a balanced budget in 2015 and an external account deficit by half a point against 9% last year. In addition to the expenditure side and the privatization plan, we will conduct several structural reforms, justice, labor market, too rigid regulation. We will create a board of public finances, which will be independent to ensure full transparency in the management of the state. </p>
<p> Where are you from privatization? </p>
<p> We are to remove the golden shares held by the state in public enterprises, then we will begin the process of privatization in the energy sector by mid-November, by selling the companies for electricity, gas and oil, which Galp.We will then proceed to the privatization of the airline TAP, the airport manager Ana, mail, freight rail and radio station public television RTP. The whole process should be finalized in late 2012, the objective to recover at least 7 billion euros. </p>
<p> Have you received expressions of investors? </p>
<p> Yes, many, from the European economies but also emerging countries, Brazil, China and several Arab countries <a href="http://payday-z.com">easy payday loans</a><!-- . -->.The president of the National Bank of Economic Development in Brazil (BNDSE), the President of Brazil, Dilma Rousseff, Lula and his predecessor have already come to us with investor interest in Brazil. </p>
<p> This interest is there also for the government debt? </p>
<p> The purchase of public debt is subject to specific rules, but the important thing is that there were demonstrations of confidence in this government about the quality of Portuguese debt. </p>
<p> Will you create a wealth tax, such as Spain prepares to do? </p>
<p> We refused this solution, not to discourage large fortunes to come and settle in Portugal. However, we have created a special tax of solidarity that will help tackle the portion of 2.5% marginal tax on income that will affect higher wages and will last two years.We also created an additional tax of 3% on business profits in excess of 1.5 million euros, also for two years. The purpose of these taxes is not to create an additional revenue but to allow us to finance social assistance measures for families hit hardest by the crisis. </p>
<p> What are these measures? </p>
<p> They are primarily related to housing. Households that can no longer repay their debts to buy their apartments can contact their bank for the loan to be converted into low-rent, which will relieve the financially while allowing them to remain at home. Similarly, those earning up to one and a half times the minimum wage benefit from using public transport.In addition, if we were forced to raise to 23% VAT on gas and electricity, we have created a social tariff for the poorest. </p>
<p> How to boost growth given that domestic demand will remain very low? </p>
<p> It is true that the austerity has a recessive effect. The middle class will suffer significant sacrifices. That&#39;s the ticket out of the crisis, the price of a country that has spent too long. Domestic demand will have a negative contribution to the end of 2012. This will be offset by exports that are doing well. The adjustment must be done very quickly to ensure the financing of the economy. Privatization are important to increase the availability of cash to help recapitalize banks. This will improve competitiveness, greater openness and internationalization of our economy.The State abound 12 billion euros in guarantees for banks. </p>
<p> Competitiveness remains the weak point of Portugal? </p>
<p> Hence the urgent need to launch structural reforms, which should have been done in conjunction with the entry into the EU. The country in several sectors &#8211; textiles, information technology, biotechnology &#8230; the high performers. </p>
<p></p>
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		<title>Bad temper could still weigh on the CAC 40</title>
		<link>http://club-champs.com/bad-temper-could-still-weigh-on-the-cac-40/</link>
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		<pubDate>Tue, 06 Sep 2011 08:04:07 +0000</pubDate>
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		<description><![CDATA[ The CAC 40 is expected to be difficult to bounce back on Monday. The benchmark index of the Paris Stock Exchange ended the day on Friday of a severe fall of 3.6%, below 3200 points. A cons-performance due to poor U.S. employment figures. The first global economy has fueled fears of a global slowdown [...]]]></description>
			<content:encoded><![CDATA[<p> The CAC 40 is expected to be difficult to bounce back on Monday. The benchmark index of the Paris Stock Exchange ended the day on Friday of a severe fall of 3.6%, below 3200 points. A cons-performance due to poor U.S. employment figures. The first global economy has fueled fears of a global slowdown by announcing that it had no jobs created in August, while analysts expected 70 000 net hires. &quot;The U.S. employment figures for August suggest that the labor market seems to be moint death,&quot; said Victor Shum this morning, an analyst at Purvin and Gertz in Singapore. </p>
<p> Following this announcement, Wall Street closed on a sharp drop of more than 2%. U.S. markets will do on Monday with European stock any procedure they will remain closed for Labor Day (Labor Day observed every first Monday of September).Asian stock markets have instead given with a negative pulse of the market in red. Operators in the region have learned that HSBC index of purchasing managers in the Chinese sector services slowed to an unprecedented low in August. Seasonally adjusted and calculated by the Institute Markit, it fell to 50.6 after 53.5 in July. </p>
<p> No other indicator may move the index is also expected on Monday. One highlight of the week will be the release of the Beige Book Fed on Wednesday night, which will be the summary of economic conditions in regions in the United States. </p>
<p> No recession expected in Europe
<p> The side of the euro area, European Commission President Jose Manuel Barroso, has tried to reassure investors.Traveling in Australia, he said that the European economy would experience in the coming months a &quot;moderate growth&quot; without going into recession. &quot;We do not anticipate a recession in Europe. The latest forecasts from the European Commission show that the growth will be at the meeting, although this growth will be moderate, it is true, &quot;he said in Sydney. </p>
<p> The comments of the Head of the EU executive echoed the lowering of forecasts rating agency Standard &amp; Poor&#39;s for the European economy last week. The decision to resurface concerns about the health of the area and the problems of sovereign debt.&quot;We do it all, the fight against fiscal problems underlying the strengthening of the governance of the eurozone, the introduction of stricter financial regulation to improve our overall readiness&quot; said José Manuel Barroso. </p>
<p> In morning trading, the euro rising slightly against the dollar at 1.4160 dollar. However, it is dropped in morning trading to a low of three weeks, at 1.4138 dollars against 1.4198 at Friday close in New York. </p>
<p> For their part, oil prices were down in electronic trading in Asia, depressed by the poor figures on employment in the United States. A barrel of &quot;light sweet crude&quot; for delivery in October lost 59 cents to 85.86 dollars per barrel of Brent North Sea crude for October delivery 74 cents to 111.59 dollars.</p>
<p> Values ​​to follow
<p> EDF </p>
<p> The Italian Minister of Industry, Paolo Romani, said Sunday he would meet Monday Proglio about the power company Edison. </p>
<p> ArcelorMittal </p>
<p> Peabody Energy and ArcelorMittal announced Monday it had extended until September 27, the period during which the short bid for $ 5 billion (3.53 billion euros) on the Australian Macarthur Coal. </p>
<p> Societe Generale </p>
<p> The U.S. federal agency oversight of mortgage filed a complaint Friday against 17 major international financial institutions which include the French bank, for a total loss of $ 41 billion in bonds linked to subprime.</p>
<p> Safran, Natixis </p>
<p> Safran&#39;s aerospace equipment will make its entry into the CAC 40 index, while the bank Natixis is about to leave, said Friday the Scientific Council of the indices of NYSE Euronext. The changes take effect Sept. 19. </p>
<p> Saft </p>
<p> The American automotive supplier Johnson Controls will pay $ 145 million (102 million euros) to the French specialist in batteries as part of an amicable agreement ending their joint venture in the automotive industry, announced Friday the two groups in a joint statement. </p>
<p> Alstom </p>
<p> The group signed a 66 million euros with Iraq to build a power plant in the province of Nineveh in the north, said the Iraqi Minister of Electricity.</p>
<p> France Telecom </p>
<p> TPSA its Polish subsidiary has announced to contest the fine of 128 million euros that inflicted the European Commission. </p>
<p> After market, environment and Dried Assystem unveil their first-half results. </p>
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		<title>Atos loop the purchase of computers from Siemens</title>
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		<pubDate>Sat, 02 Jul 2011 07:48:08 +0000</pubDate>
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		<description><![CDATA[ &#34;It&#39;s an important day for the history of our company, our shareholders and our employees,&#34; said Friday Thierry Breton, the CEO of Atos Origin IT services. At 99.99%, the shareholders approved the purchase of SIS, Siemens IT Solutions and Services, the division of German giant in the computer. 
 The new group has annual [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;It&#39;s an important day for the history of our company, our shareholders and our employees,&quot; said Friday Thierry Breton, the CEO of Atos Origin IT services. At 99.99%, the shareholders approved the purchase of SIS, Siemens IT Solutions and Services, the division of German giant in the computer. </p>
<p> The new group has annual sales of 8.7 billion euros and represents a global workforce of 78,500 employees, of whom 28,000 are from the German giant. However, in 1750 job cuts were decided, including 650 on a voluntary basis in Germany, &quot;which are financed and provisioned to the tune of 250 million euros by Siemens,&quot; says the CEO. The job cuts outside of Germany will be decided in the headquarters of the subsidiaries in which the two companies are present, including the United States.But the subsidiary in Austria provided by Siemens will be retained as well as activities in the countries of Central and Eastern Europe, including Romania and Russia, where Atos is absent or not present. In addition, Siemens provides its team of Chengdu, China. </p>
<p> &quot;Reference majeure&quot;
<p> Activities provided by Siemens should generate an operating profit of 50 million euros in the second half. </p>
<p> Friday, the German group has signed a contract outsourcing its IT to Atos amounting to 5.5 billion euros over seven years. With this new dimension, the French group wins a critical size, the top ten IT service companies in the world, &quot;allowing us to be successful in all tenders, which was not previously the case &quot;added the CEO <a href="http://fcrwizard.com">free instant credit score</a><!-- . -->.&quot;We have a major reference, Siemens, which is the first industrial group in the world,&quot; adds Charles Dehelly, director of operations of Atos. The German group brings its contracts with the U.S. Coca-Cola, Nike, Cesar Palace, in Germany with Deutsche Bank, Allianz, Hoechst, Bayer and brands of cars. Finally, both groups decided to create a joint research center, with 100 million, funded equally by Siemens and Atos. They will share revenue from patents. </p>
<p> In return for its contributions, Siemens will receive 840 million euros. This amount is provided by a capital increase of 15% stake in Atos. Siemens will retain for at least five years its shares, which will increase the number of shares Atos 70 to 82 million.Siemens gets over 250 million euros as convertible bonds and 176 million in cash. </p>
<p> As the two groups prepare the marriage for more than a year, employees of the new group will begin work in their new positions on Monday. &quot;I&#39;ve never been a consolidation so fast,&quot; says Thierry Breton. </p>
<p> To mark the marriage, Atos Origin has decided to change its name and simply called Atos. &quot;There are both A Atos Origin, Siemens and S&quot; to &quot;that marks the bridge between the two groups,&quot; said Marc Meyer, the director of communications. </p>
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