Posts Tagged ‘financing’

24
Aug

Europe to conquer a hearing

Posted by admin

It will double or quits. Europe 1 was full of novelties for the start. This is to embody the renewal of the station of Lagardère Active, after a 2010-2011 season in any turbulence, which ended at the lowest in the polls, to 8.7% of total audience of the months of April-June

Europe had a well done one after two strategic hires at the end of last season, announcing the arrival of Bruce Toussaint morning to resume the abandoned during the year by Marc-Olivier Fogiel and signing Nikos Aliagas, starting from NRJ, for a chronic morning. The arrival of two icons a cathode showed indirectly that Europe retains its attractiveness to the small screen heavyweights.

In parallel, the station has increased the presence of familiar voices to its listeners.Michel Drucker is back with a daily late morning; Laurent Ruquier integrates the morning in addition to his appointment to 2:30 in the afternoon, Frank plunges Ferrand "At the heart of history" every day for one hour with a program which also promises future success of downloads podcasts, Michael Field found its followers in the evening. Finally, William Cahour, who led the morning safely after the defection of Marc-Olivier Fogiel, anime slice of information between noon and 13 hours.

A "media habit"

But these new appointments – even when they are carried by figures very "Europe 1", also include the risk of destabilizing a little more the station paydayloans. Indeed, radio is considered a "media habit", which does not change even from generation to generation. However, Europe 1 has already undergone several major revisions over the years.Upon arrival in the summer of 2008, Alexandre Bompard had thus hastened to abandon the format "info-talk", previously proposed by Jean-Pierre Elkabbach, to reposition it as a strong generalist radio sport and entertainment. Despite a slight revival of the hearings, he had to change his mind in the following season and slow down on the supply of sport. Last season, finally, was heckled by the departure of Alexandre Bompard in November, that of Nicolas-Demorand just happened to animate the early evening, in January and that of Marc-Olivier Fogiel early February.

For the new boss of the house, Denis Olivennes, it is both a balancing act and a distance race ahead.

ALSO READ:

"Denis Olivennes lays his groundwork for a Europe

"The best waves of the season

"VIDEO – Bruce Toussaint:" Europe is a radio event "

28
Jul

Tax loopholes: Bercy prepares a tightening

Posted by admin

Baroin the stage. He keeps repeating the last few days: it will require further cuts in the tax loopholes in 2012. For now, the government planned to cut $ 3 billion. "It is very likely that we will go beyond, as part of the Finance Act," warns the Minister of Economy. Otherwise, the objective of reducing the public deficit (4.6% of GDP in 2012, 3% in 2013) will not be met. The IMF says the same thing Wednesday, in the final version of his report on France, he warned that without additional effort, the deficit "would decline more slowly contemplated" and still reach 3.8% two years.

However, Prime Minister François Fillon reiterated last week even as the French would not have to tighten their belts further.If the IMF is seeking new revenue – or additional savings – is that it considers the government's growth projections too optimistic. He did not table more than 1.9% next year (after 2.1% this year), where the government is preparing its 2012 budget on an assumption of 2.25% (after 2%).

The cost of Greece and Libya

But that's not really what worries Bercy. Growth at 2.25%? "The account will be," says without a doubt a top official of the Ministry of Economy.

However, Bercy identified several elements that could degrade the accounts. First, the second bailout of Greece faxless payday advance. While it will not weigh directly on the deficit of France, as François Fillon stressed. The private sector has agreed to cash a loss equivalent to 21% of the value of the loan granted to Athens.The slate for French banks would exceed 2 billion euros. "We will inevitably income tax on companies and less," admits the Ministry of Economy.

Then "there will be a time when we look at the balance of external operations," Do we loose the ministry. In other words, the commitment of the army in Libya and Afghanistan could be very expensive.

Finally, remember that at Bercy Taiwan frigates affair will cost 460 million euros to France. In early June, after ten years of a bitter legal battle, Thales has indeed been ordered to pay more than $ 800 million in Taiwan, for commissions on the sale of frigates in 1991. The State had brought its guarantee in the contract."Public finances must now endure the heavy consequences of the decision in 1991 to pay commissions, unlike the letter of the contract," Matignon had pointed to the announcement of the court decision. This cost was included in the supplementary budget at the beginning of July. It will, however, offset this expense.

ALSO READ:

"The cost of tax loopholes skids

24
May

e-G8: the elite of the Web meeting in Paris

Posted by admin

This is a first. Nearly 1000 makers and observers of the Internet will meet in Paris tomorrow and Wednesday to participate in e-G8 Forum. Sizing of the digital economy, as Mark Zuckerberg, the founder of social networking site Facebook and Eric Schmidt, Google's president, made the trip.

They rub shoulders patterns of media, such as Australian-American tycoon Rupert Murdoch, the chairman of the New York Times Arthur Sulzberger Jr. The conference will also host the rising stars of the Web as the creator of good plans Groupon Andrew Mason and Mikael Hed, Director General of Rovio, the publisher of mobile gaming success Angry Birds.The world of finance will ambassadors Niklas Zennstrom, CEO and cofounder of the fund Atomico Skype, and Sean Parker, Founders Fund partner today, Co-founder of Napster and Facebook, and bad boy of Web embodied by Justin Timberlake in The Social Network.

This casting will demonstrate the importance of the event. It was proposed by Nicolas Sarkozy, who chairs the G8 this year. For the first time, an Internet discussion has been put on the agenda of the G8, which meets on May 26 and 27 in Deauville. E-G8 Forum should provide a framework for exchanges between heads of state.These will be based on a paper presented at the next G8 e-Forum, which might detail a series of reflections and proposals on major issues of the Internet.

The conference program addresses broad issues as "The Internet and economic growth," which will discuss among others John Donahoe, eBay's CEO, Eric Schmidt, and Christine Lagarde, Minister of Finance. The debate "Internet and Society meet Andrew Mason, Sheryl Sandberg, Facebook's number 2, and Jimmy Wales, founder of the collaborative encyclopedia Wikipedia.To make proposals on these discussions, stakeholders were asked to come up with key ideas that they wished to submit to the representatives of the G8.

Private funding

Issues closer to the everyday concerns of internet entrepreneurs and internet will be discussed in workshops: financing for start-up, freedom of expression and privacy, mobile issues, information sharing and value, e-government … All these exchanges are broadcast live over the Internet, will be summarized by rapporteurs and provide the basis for a "message for Deauville."

The conference was organized in record time by Publicis, whose chief executive, Maurice Levy, was given the mandate in February.Advantage: via its subsidiary Publicis Live, the communications group organizes many events which already meet the tenors of the Web and media, such as the Monaco Media Forum, the Abu Dhabi Media Summit and Davos. These are the links forged during these meetings that enabled convincing, snatching, Mark Zuckerberg to participate in the forum. He has confirmed his arrival a few days before the opening of e-G8 Forum.

In return, Publicis has not been able to rely on public funding to mount the e-G8, whose budget is estimated at 3 million. The organizer has therefore appealed to private financing from a dozen sponsors, including Orange, Vivendi, eBay, Google, Capgemini, Iliad, Microsoft and Alcatel-Lucent.Four other finance a dinner tomorrow evening at the Louvre, in which 350 handpicked guests were invited.

The most important guests of the e-G8 forum:

• Rupert Murdoch – CEO of News Corporation

The media mogul had anticipated the rise of social networking by buying MySpace in 2005. It now relies on paid content online. "Aggregators and plagiarists will soon have to pay a price for our content. If we do not take advantage of the current movement towards paid content, the kleptomaniac triumph "

• Mark Zuckerberg – Founder and CEO of Facebook

At 27, the young prodigy of the Web is the 52nd World fortune, according to Forbes. More than 650 million Internet users have joined the social network he founded in 2004 at Harvard. "The social norm (of privacy, Ed) has simply evolved over time.People are really accustomed not only to share more information, different but also more openly and with more people "

• Jeff Bezos – Founder and CEO of Amazon. Com

It has revolutionized e-commerce by creating Amazon in 1994. He is now going to online media, from books to video. "The last nugget of gold rush has disappeared. With innovation, there is no last nugget. Each update creates new questions and new opportunities "

• Jimmy Wales – Co-founder of Wikipedia

His collaborative encyclopedia celebrates its 10th anniversary this year. It has 18 million articles written and edited by Internet volunteers. "I think MySpace is doomed, I give them another two years … I think Facebook is the next Microsoft, for better or for worse.It is an incredible company that will do much good and bad things "

• Eric Schmidt – Google Chief Executive

DG Internet Group from 2001 to 2011, Eric Schmidt has handed over to Larry Page in April. He remains in charge of acquisitions, partnerships and institutional relationships. "Today your phone knows where you are, and to some extent where you go. Ultimately, your mobile does what he does best is to say, to remember everything and make proposals. You can be a better human and have a good time "

ALSO READ:

"INTERVIEW -" The Internet players have to finance the creation "

The Centre Pompidou propels itself through the "virtual"

The founder of Facebook confirmed eG8

19
May

An employee of GDF Suez himself on fire

Posted by admin

This is an internal letter from the Director of Information Systems (ISD) that senior GDF Suez len heard the news earlier this week. In this internal email which Le Figaro has obtained a copy, Véronique Durand-Charlot announced with "deep regret" that "one ISD staff in Lyon, Éric.C, made a suicide attempt "May 14 last.

According to sources inside the company, the man would set himself on fire inside his car in a parking lot near his home. Third-degree burns, he is reportedly in a coma. "He is in hospital care Edouard Herriot and our doctor is on site since Monday morning," says mail sent by management. The latter adds a psychological support has been established on the sites of Lyon and Saint-Ouen."The regular news on the health of Eric will be provided" to his colleagues, says the letter.

"It is too early to know the reasons for his gesture," we said a spokesman for GDF Suez. "This aa place outside the workplace," he held to be redefined. According to the latter, however, the company has declared a work accident as a precaution in order to "enable the regional health insurance fund to take up the issue and facilitate the support of the family."

A few days after the fact, Eric's colleagues. C are safe for their part that this acting out is directly related to working conditions. This framework would have repeatedly sent emails remained unanswered to his superiors in which he referred to his illness, including the day of his suicide attempt. GDF Suez information that does not confirm."We do not know for letters," says the spokesperson of the group. "He suffered from this violent restructuring implemented since the merger of GDF and Suez (2008, Ed)," says the other hand one of his colleagues.

Reorganization

A plan to transform the ISD, is underway since May 2010. An internal company document, sent to employees by Jean Paul Amoros, deputy director of ISD, is particular to a program of reorganization of the industry over the period 2010-2012. It provides, among other things, aims to "reduce disparities unnecessary and costly for the group," "share know" and "improving the career management of the IF chain.The same document gives a clear picture at the end of 2010, "it remains to be completed sites induced désimbrication with EDF and GDF and Suez merger with which some service offerings still weigh on economic performance."

Specifically, this policy would involve processing the closure of some area sites, including that of Lyon where the employee worked to centralize them in the Paris region. Veronique Durand-Charlot, who oversees these changes, confirmed in a company magazine dated May 2010 the need "to optimize internal operations and to propose a new, more integrated, more effective."

More worrying for the employees, the documents indicate a possible spin-off of ISD services between 2012 and 2014 which could lead to outsourcing of the latter.

"Psychological discomfort"

"This is a management that ignores the human," says an executive of the company. Yves Ledoux, coordinator at GDF Suez CGT refers more generally "psychological discomfort" that prevails throughout the company since the merger of GDF and Suez in 2008. "The takeover of Suez induced mutations. The executives from the GDF have moved from an industrial culture to a financial literacy and there are a lot of difficulties, "said trade unionist. "GDF Suez has signed a national agreement on psycho-social risks but they are not declined in the company. It is a semblance of agreement. "Last March, the CFDT also complained about the "social cost" of higher profits posted by energy group in 2010, "social plans in France, pressure on employment in Hungary or Romania, power losses purchase of group employees. These are not measures of facade that will hide the lack of social ambition, "she railed.

On Thursday, GDF Suez sweeping accusations. "The psychological problems are among the main concerns of the group since the merger," said the spokesman. So far only one employee had committed suicide in 2009 but "had nothing to do with work." Since the merger of both companies, "there was no problem," concluded the spokesman.

ALSO READ:

"Suicide at France Telecom: management has been alerted

01
May

Fashion Show May 1: poor mobilization expected

Posted by admin

Union leaders had expected that the 1 May 2011 be a little raw, especially as "holiday character this time is less assertive, that day falls on a Sunday, is Marcel Grignard, number two of the CFDT.

"We do not have to be in the streets" to celebrate International Labour Day, said Sunday the first secretary of Lille Martine Aubry PS parades scattered about, saying that employees would demonstrate "in 2012 in vote. "Between 700 people, police said, and a thousand, according to organizers, marched on Sunday in Lille.

In Marseille, among 2000 people by 5000 according to police and organizers, marched through the rus, between 2200 and 3000 in Bordeaux between 1200 and 3000 in Strasbourg, only a few hundred at the start of the procession in Rennes.

It was also shown to Pau (800 to 1200), in Angoulême (500), Besancon (500 to 1000), Brest (250 to 300), Nancy (700 people according to the unions).

Winks comedy peppered some processions. "May 1st, we are the popes of the earth", alluding to the beatification of John Paul II.But also slogans in opposition to the FN, as in Rennes' French workers, immigrants, same bosses, same battles. "

A trade union unity crumbled

The protesters "are certainly fewer than we hoped," regretted Francois Chereque on Europe 1 (CFDT). Especially as the bargaining unit has somewhat disintegrated.

In Paris, Bernard Thibault (CGT) and Francois Chereque, in particular, will head behind the streamer head of the procession, which is just after 14:00 waver from Republic Square to join one of the nation.

The CFTC did not join the call unit but leaves the task to militants to carry out local initiatives, while the CFE-CGC stays away this May 1.

Workers Power is as usual alone.In Paris, however, that they were 300, according to AFP, to march through eastern Paris, the Bastille to the Place Gambetta, before going to bow to the wall of Federated.

ALSO READ:

The unions are no longer gifts

21
Apr

Herteman harvest the fruits of the revival of Safran

Posted by admin

Saffron meeting on Thursday its shareholders in general meeting (AG). On his menu, a change in governance that aims to replace the board of supervisory and management by a board of directors, tighter and more deeply renewed. He spends 18 to 15 members. He is feminized with the arrival of Odile Desforges, Renault's Executive Vice President in charge of engineering and quality as well as Elizabeth Lulin, CEO of consulting firm Paradigms. Caroline Gregoire Sainte Marie, CEO, Frans Bonhomme (BTP), should be appointed as censor.The council also welcomes the Franco-American Jean-Lou Chameau, president of the California Institute of Technology Caltech, and the Italian Giovanni Bisignani, president of the International Association of Airlines (IATA).

Unless dramatic turn of events, the new council should appoint, in the wake of AG, Jean-Paul Herterman, current CEO and candidate for a second term, the group's CEO. And Francis Mer, current chairman of the supervisory board, the vice-chair of the board of directors. The state, which owns 30% of Safran and four posts, decided to renew its confidence in Jean-Paul Herteman who in four years, managed the merger of the engine manufacturer Snecma and Sagem Electronics.Announced in 2004, this operation was met with skepticism and triggered a trench warfare between the leaders of both companies.

Accelerating China

Considered a "transitional pope" by many, this discreet Polytechnique, Safran joined in 1984, has pacified the new group while carrying out the divestiture of non-strategic. In particular, he managed the sale of mobile phones and the conversion of the plant Ferns Breton, that supply the Army (Feline equipment).

Meanwhile, he developed a third business involving the defense and security, alongside the aircraft engines and rockets (Ariane) and aeronautical equipment. In security, a priority activity, the group has grown through acquisitions, the latest is that of the U.S. L1.Jean-Paul Herteman has also accelerated the development of the group internationally, including China, India or Mexico, while maintaining a high level of investment in France. Another success was the extension of its partnership with General Electric engines for aircraft type Airbus 320 or Boeing B 737 until 2040.

The president has reactivated a hedging policy to protect against the effects of Yo-Yo the dollar against the euro, which had been interrupted by his predecessor in 2006. While Safran is protected until 2014, "the evolution of the dollar remains a concern," says Jean-Paul Herteman.

Financially healthy, Safran is well positioned to face a period of heavy investment in research and development, a position that was already 1 billion euros in 2010. "Saffron is being renewed heart of its engines for medium-range routes.We need to introduce new technologies in five to ten years. The big challenge is how to halve the fuel consumption of aircraft engines. This, by 2020-2025, "he says. Saffron placed on the aircraft electrical, because little by little electricity is required to operate major equipment – brakes, landing gear …

Having failed to seize the French Zodiac, which could bring her expertise in these new technologies, Safran must go into overdrive. Hence the launch of the plan Amp several hundred million euros.

Another project for the future, the Chinese market. Saffron is awarded the contract to supply the engine that will power the C-919, the future rival of A 320 and B 737 built by the Chinese Comac.The group wants to accelerate China's boom and the helicopter market in the discretion of the gradual opening of the Chinese sky, still controlled by the military. "It identifies 600 helicopters in China against 10,000 in the United States. Saffron is destined to become a structural partner of the Chinese industry in helicopters, "says he.

17
Apr

The anti-gas shale do not release the pressure

Posted by admin

Opponents of the gas and oil shale will not be satisfied with the recent announcements by the government is considering banning the extraction of hydrocarbons in May. National coordination group opposed to the gas and oil shale holds since Friday until Sunday a series of rallies in the south and east and in the Paris region, in areas where the government has issued permits exploration or considered the possibility. Planned events include Saturday in Marseille (Bouches-du-Rhone), Meaux (Seine-et-Marne), Rousson (Gard), Donzère (Drôme), Lyon (Rhone) and Lons-le-Saunier (Jura). Sunday, decreed a "national day of mobilization", other gatherings are planned in Cahors (Lot) and Blyes (Ain). Protesters call again the firm and definitive cessation of these hydrocarbons.New anti-capitalist party (NPA) on Friday called on to participate in the mobilizations.

The recent pronouncements of the Ministry of Ecology and Prime Minister, if they have a little reassured opponents, have not entirely convinced. So they refuse to release the pressure. "We see it is understood (…) Now we are asked to repeal and only then that the mobilization will stop," said Anne Lacouture, Assistant José Bové, leader of the protest. MEP Ecology Europe will participate Sunday in the Aveyron mobilization in its stronghold in Nantes, which gave its name to one of the permits issued by the former Minister of Ecology Jean-Louis Borloo. These allow large groups to explore for oil and gas in areas that may contain shale gas.The Department of Ecology has acknowledged that three licenses granted in the region in March 2010 were used for the exploration of unconventional oil. The legal uncertainty that currently exists on the issue can not be sure whether other permits issued in recent years does not apply also to search for and extract gas from shale.

A report due by François Fillon

Before the wind of revolt, Prime Minister Francois Fillon said Wednesday the cancellation of licenses already granted. The Minister for Ecology Nathalie Kosziusko-Morizet had requested the suspension of exploration work in February, a form of de facto moratorium. A bill must be considered in an emergency procedure from 10 May to the Assembly to formally ban them extraction.Si the ban is passed, it could however be only temporary.Francis expects Filllon including the report of a mission "to better understand the shale gas." Eventually, a development of the mining code to strictly supervise the extraction of these hydrocarbons is not unthinkable, say experts elsewhere.

François Fillon on Wednesday gave impression that the government reserved the option to "go again" projects "in a way maybe a little more acceptable the next time," said Anne Lacouture. "For us, it is not acceptable, regardless of how it's done," she added.The techniques used to release the hydrocarbon trapped in the rock, the injection of very high pressure water mixed with chemicals, fears of pollution of groundwater, the devastation of the landscape and environment and development Risk-based economies, as in the Aveyron, on high-quality agriculture and tourism.

ALSO READ

"FOCUS – Focus on the gas and oil shale

"The industrial defend shale gas

"The gas and oil shale soon banned in France

06
Apr

A basket of food at low prices

Posted by admin

For 18.98 euros, a low-rib of beef, half pork loin, fish, potatoes, carrots, zucchini, oranges, a loaf of bread and cheese at 0% fat fat and a liter of orange juice 100% pure juice. That the offer by Carrefour as part of the operation of "baskets of essentials", launched on Wednesday by the government.

From the end of the month, many brands of supermarkets (Leclerc, Carrefour, Casino, Auchan, Système U …), signed the agreement to be signed in mid-day with Secretary of State for Consumer Affairs , will offer their customers because of baskets ready to go, including ten foods for a minimum price "attractive."

"Instead of raw products" and season, says one in the entourage of the Minister.Consumers should find "at least one meat, fish, fruit, vegetable, cheese, dairy product and a drink," said Frédéric Lefebvre on Wednesday in the columns of Le Parisien – Today in France. Each brand itself composed his own basket and set the price.

If the agreement mentions a price "attractive" products and "quality", these terms are therefore left to the sole discretion of the distributors. "We want to emphasize fruits and vegetables and seasonal produce. From one week to another, so prices will vary depending on whether there are apples, pears and apricots, "explains the Secretary of State for Consumer Affairs.The latter relies on free competition to push prices down.

Up 2% to 4% in food prices

The launch of the "basket of essential" is timely, then the price of current expenditure, particularly food, continue to move upward bad credit payday advance. At the end of March, the federation of the retail stores has announced the forthcoming impact of inflation in the prices of agricultural commodities on the products sold in stores. On average, food should be sold 2% to 4% more expensive in the coming weeks. But on some commodities such as coffee and bread, the increase could reach 20%.

This factor, coupled with rising energy prices, consequently reduces the household budget.Consequence: according to a poll released on Monday and 20 minutes, one third of the French plan to reduce their food expenditures. A figure of concern to public health, if we consider that the cheapest products (canned, frozen pizzas …) are also those whose nutritional qualities are the poorest.

The launch of the "basket of essentials" could therefore provide a first response to soaring food prices. Hopefully the quality of products remains at the rendezvous. About an operation targeting the same type of school supplies, called "Essentials of school" and set up in September 2010, the association Familles de France pointed the finger at the poor quality of essential products offered by major surfaces.

* This week will include two types of meat of French origin (a low-rib of beef and half pork loin), fish, apples-to-earth, carrots, Spanish oranges, a loaf of bread, white cheese at 0% and a quart of orange juice.

ALSO READ:

"The French feel cut their spending on food

"G20: Track antivolatilité agricultural prices

25
Mar

Posted by admin

Slowly, the Reformers made their place in the station. Certainly, the CGT union is the first with 37.3% of votes cast at the last workplace elections, but the organization suffered another setback. She had obtained 40% of the vote in 2009, during the recent workplace elections.

30% for the reformist pole

Reform said the pole winner in this election. The National Union of Autonomous Trade Unions (UNSA-Cheminots) harvest of votes and 21.4% (against 18.05% in 2009) and the French Democratic Confederation of Labour (CFDT) 13.7% (against 11.59% in 2009). Together, the two unions represent 30% of voters, allowing them to sign agreements without the support of another organization.

22
Mar

War disrupts oil in Libya

Posted by admin

The continuation of bombings in Libya and the unrest in Syria, Yemen and Bahrain are the oil prices start rising. A barrel of Brent crude exceeded $ 116 Monday in the morning before easing to 114.70 dollars to 18 hours. It appears as almost a dollar above the closing price on Friday evening. Same movement in New York, where the barrel of WTI has exceeded $ 103 before retreating. On Tuesday morning, in morning trading, a barrel of light sweet crude for April delivery took 19 cents to 102.52 dolalrs.That of Brent North Sea crude for May delivery on the other hand yielded 15 cents to 114.81 dollars.

If since the beginning of the crisis in Libya, Saudi Arabia has put hundreds of thousands of additional barrels a day in the market to compensate for the loss of production in this country, representing about 2% of pumping global markets fear now the destruction of Libyan oil infrastructure cash advance no fax.

Moreover, expectations of a sustained rise in demand for fossil fuels in Japan, private lasting at least six nuclear reactors, also derive the gross up. Paradoxically, in France, the average pump price fell last week (of 2 cents for the SP95). They reflected the decline in the gross observed 5 to 15 March.

ALSO READ: