International & World Report

"Victim of a matter that transcends." Thus Michel Balthazar, committee member and director of the division and upstream projects at Renault, qualified. Part, involved in the espionage case that shook the manufacturer, spoke to reporters after his meeting with management. Like the other two subjects, he was received on Tuesday afternoon at the headquarters of the automotive group at Boulogne-Billancourt (Hauts-de-Seine) for an interview prior to possible dismissal.

At the end of the meeting which lasted half an hour, Michel Balthazard showed its determination to recognize that there is "for nothing" in this case and that his "integrity can not be challenged . "Renault is against me very serious charges that I totally refute. He exposed the facts that I also refutes, "he declared.The spy story is a "serious infringement" to his dignity, "he repeated. Michel Balthazard has also said "ready to cooperate with all investigations." In "Thirty years from home," he believes he has "always respected the ethics of Renault.

For now, the framework is not licensed. These talks, which the lawyers of the persons concerned can not attend, are mandatory in all proceedings of dismissal. They allow employees to respond to the facts referred charges against them payday loan online. If Renault decides eviction, management shall meet within 48 hours before notifying its employees. Renault take its decision and communicate it ", explained Michel Balthazard.

Beijing also rejects accusations

This framework is not the first to deny the facts.Monday, Thibault de Montbrial, lawyer Matthew Tenenbaum, assistant project director of electric vehicles, also suspected, said his client was "shocked by this story," he "does not know the case against him and like living a nightmare. " Bertrand Rochette, responsible for pre-projects, named in that case has not yet expressed.

The three men are suspected of passing information to a Chinese company on electric vehicles at the heart of Renault's strategy. According to Le Figaro, two of these three men respectively have a bank account in Liechtenstein, where 130,000 euros have been discovered, and a second one in Switzerland where 500,000 euros have been deposited. The Chinese public company China Power Grid Corporation is the origin of these remittances.On Tuesday, Beijing has raised hypotheses "irresponsible and unacceptable."

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Orange would have dreamed of a more successful transition to the new year. The night's New Year's Eve and the first of the year have once again been marked by a record number of messages sent, to wish a happy new year. But this year at Orange, figures not reported Sunday were inflated by sending SMS or MMS in multiple copies. Besides the inconvenience to the recipients by the message reception burst (some users speak MMS received up to 130 times), this bug in the new year is to make a serious side effect of inflating bills for affected customers. Especially since in many cases, the SMS sent by MMS have been processed, the cost is higher non-package.

On a user forum Orange, some customers have reported exceedances out of proportion to their normal commercial invoice.Didier76, who sent two text messages to a dozen contacts night New Year's Eve, for example, has been recognized by Orange "over 300 MMS package out." On 1 January to 17 hours, his bill was "to 498 euros, changing the hours." Many other Internet users will testify to their shock and inability to contact customer service Orange. "I have the same problem. My messages still being sent at this time. I'm at 140 euros plus package, and impossible to reach customer service !!!», yakusa45 protests. On lefigaro.fr also some users have echoed this problem this weekend. "My family and my friends were even fifteen times the MMS and my Orange package explodes!" Says Michel Faysse well.

Customers expect to be reimbursed

Given the unavailability of support services to Orange, some users have attempted to resolve the problem by themselves, often without success Payday Loan for Bad Credit. "I came on purpose to block my SIM card for it to stop, as in the case of theft. Nothing to do, my contacts come to warn me that this continues, "exasperated Axelle4. Some customers have even already canceled their subscription. This is the case of Oliver, quoted by Le Parisien in France today who "wanted to avoid especially the rise of the bill and ensure that my correspondents stop receiving text messages." His bill, provides daily, has stabilized at 154 euros.

To cope with the influx of messages sent to the New Year, Orange had announced its numbers have swelled.Customers who are victims of involuntary overruns packages now hope they will not actually charged, or they will be repaid quickly. Orange, who becomes aware of the problem on Monday morning, said that customers charged in error, "if any" would actually be repaid.

"We did not notice anything in particular before the" Parisien, Aujourd'hui en France "we warn of the problem Sunday afternoon. This suggests that the problem has remained marginal. We think it touches a few hundred people at most, "says one in Orange. Already, the telecommunications group points to the responsablity another operator refuses to name, "which all messages that were sent across a bug." Bouygues Telecom, whose name circulates as the operator at fault, on Monday rejected the accusation."Our customers have not reported any particular problems," he argues are.

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Saffron is not discouraged. The equipment manufacturer specializing in the aerospace industry is trying every means to unite with the Zodiac Group. Repeatedly rebuffed by his counterpart, Saffron now plans to use force and to make a hostile takeover of Zodiac.

Asked by a small group of reporters at Airshow China in Zhuhai, the chief executive of Safran, Jean-Paul Herteman, said that launching a hostile takeover of Zodiac is a "theoretical possibility". The officer added that the move to action requires further consideration but that the issue should be resolved "shortly".

A spurned suitor already

Bold, the aerospace group had already proposed to Zodiac this summer to initiate discussions in an informal way, in vain. The offer was rejected by the supervisory board of Zodiac Aerospace July 6 payday loans no teletrack.

But Safran remains convinced of the industrial and strategic rapprochement with Zodiac. Jean-Paul Herteman said that it would improve the approximation Safran position in a market, that of aerospace subcontracting, marked by a strong fragmentation of suppliers.

The analysts are more circumspect them. They highlight a lack of synergies between the two groups. While both companies operate in the aerospace sector, their scope of activity is quite different. One, Zodiac, is known for its seats and cabin interior equipment since it has sold its branch of inflatable boats. Safran is on his side, facing the main building of aircraft engines.

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U.S. stock markets continue their momentum generated by new U.S. stimulus measures decided by the U.S. central bank. The Dow Jones climbed 1.09% to 11,336.90 points, the Standard & Poor's 500 ahead of 1.18% to 1212.13 points and the Nasdaq 100 rose 1.38% to 2575.39 points. On Wednesday, Wall Street has ended the session uptick in small volumes. The Dow Jones rose 0.24% to 11,213 points, the Nasdaq + 0.27% to 2540 points and the S & P 500 by 0.37% to 1197 points.

Wednesday night, the Fed confirmed as expected that it relaxed its monetary policy. The Federal Reserve will inject $ 600 billion by June 2010.

The dollar is at its lowest for nine months and a half

On the foreign exchange market, the news immediately plunges the dollar. On Thursday, the euro rose above the threshold of $ 1.42 for the first time in nine months and a half.In early afternoon, the euro was worth 1.4263 dollars because the dollar against 1.4130 on Wednesday.

On the macroeconomic front, the weekly jobless claims rose in the United States during the week to October 30 457,000 437,000 against the previous week. Economists on average had expected 443,000 entries.

The side of values, the maker of 3G chip for mobile Qualcomm announced a profit of $ 865 million (+8%). Turnover was 2.95 billion up 10% year on year.

For its part, the group distribution of "natural products" Whole Foods Market has announced a profit of 57.5 million, or 33 cents per share against 28 cents expected by the consensus faxless pay day loans.Turnover was up 15% to $ 2.1 billion.

Also note, the media group News Corp. announced a profit of 775 million, also above analysts' expectations.

Car values in the viewfinder

General Motors Wednesday finalized the terms of an offering of securities by nearly $ 13 billion to reimburse the state and make it a minority shareholder. The automaker expects to sell 365 million common shares at a price of 26-29 dollars apiece, totaling more than $ 10 billion. The deal values GM to just over 41 billion dollars.

In addition, GM announced Thursday being the first foreign manufacturer to be sold in 2010, with its joint ventures in China, more than two million vehicles in one year to the first global automotive market.

Also in the automotive sector, car sales for the month of October has been very positive, well above consensus expectations. They are up 13.4% year on year to 12.26 million units annual rate, and find their highest level in two years, according to statistics from Autodata.

Always on the side of values, the Japanese electronics giant Panasonic has announced Thursday that he had just invested $ 30 million in the small American manufacturer Tesla, specializing in electric car.Small California company that just made its IPO in New York, Tesla has never reached a profit since its inception but aims to break into the all-electric vehicle market.

As they had hinted over the weekend, the road joined Monday mobilization against pension reform. The blocking sites are added, since Monday, strikes in many sectors of the economy.

On Tuesday morning, Laurence Parisot, president of MEDEF, said she was "concerned for businesses." For its part, the General Confederation of Small and Medium Enterprises (CGPME) reports that companies are beginning to idle as the staff struggles to get to work, especially in rural areas."If it were to continue, we may fairly quickly, by next week to have a slowdown or downtime to the right and left," warned the Secretary General, Jean-Eudes du Mesnil du Buisson.

Its president is alarmist: "I sounding the alarm because we can not afford today, after the economic crisis we have just lived for three years, can withstand strikes which last long," said Jean-Francois Roubaud on Europe 1. "We really need it stops very quickly," he added. "I'm worried because I wonder where we go."

• Refineries and depots

Eleven of the twelve metropolitan refineries are stopped due to strikes or lack of crude oil. Only one of Exxon at Fos-sur-Mer works minimum flow.At the refinery Total Grandpuits (Seine-et-Marne), a dozen employees have been requisitioned by the prefecture to provide fuel to the service of public health and safety.

By late afternoon Monday, "less than ten out of 200 deposits were blocked," according to the French Union of Petroleum Industry (Ufip). This morning, the blockades are continuing in some of them. In Caen, the militants have extended Tuesday blocking a fuel depot began early Monday morning, a fleet of thirty trucks tanks adjacent to the site. Access to the oil depot of DPA Bassens, near Bordeaux, was again blocked on Tuesday morning.The oil depot near Rouen Ruby has been released for the second time on Tuesday.

• Ports and terminals

The oil terminal at Fos-Lavera near Marseille, entered its 22nd day on strike, blocking roads in 65 vessels and five barges at sea or on the Rhone. The movement should continue: "Until the government will not budge, we will not move," said an official CGT refinery sector.

The staff of three LNG terminals for natural gas are still on strike, according to the CGT. A Montoir-de-Bretagne (Loire-Atlantique), the terminal is stopped. A Fos-Tonkin (Bouches-du-Rhone) and Fos-Cavaou (Bouches-du-Rhone) the strike is extended until Wednesday and the flow is "minimum."

• Stations

By aggregating large numbers of distribution of other distributors, we reached les2500 service stations out of stock.France has begun to tap into the industrial stocks representing 30 days of consumption. The prefect of Calvados has commandeered on Tuesday, twelve stations of his department to fuel the "priority services, relief and emergencies."

A spokesman for Esso said this morning that the situation should improve at the pump through a "comprehensive plan replenishment" in place Monday. The main points of difficulty lie in regions of Rennes, Nantes and Toulouse, "he said, adding:" Paris is not critical. "

Of nearly 250 pumps dedicated to road, about 90 were dry Monday night.Therefore, the National Federation of Road Transport (FNTR) asked the government "to release fuel depots, to set priorities in delivery of fuel for vehicles otherwise, without the truck, there is a risk of paralysis of the economy ".

• Electricity

The decline in electricity production associated with social movements representing 5200 megawatts Tuesday morning, announced the CGT, including 3000 MW nuclear.

Employees of the nuclear Flamanville (Manche) voted on Monday to stop work for 48 hours with reduced production, said the CGT.Social movements will not "impact on customers," said Monday, a spokeswoman for EDF.

• Construction and Chemistry

"Some members of the executive council (MEDEF) reported disturbances in their already sensitive industry: building, civil engineering, chemistry," Laurence Parisot said at a news conference.

• Hospitality

"There are also areas that suffer the immediate consequences when there is a slowdown, like restaurants and hotels, retail, leisure, etc.," said Jean-Eudes du Mesnil du Buisson, Secretary General of the CGPME."In this case, the revenue lost on the day of strike is not caught the next day."

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It has not seen such a performance nearly a month and a half. The CAC 40 is chained to four sessions of consecutive increases, which saw the index rise by 5.25% in Paris. A month ago, he had recorded six consecutive sessions of up to a total gain of 5.73%. And the CAC 40 is on course to match or exceed that performance. "If the U.S. unemployment figures are bad, I think the markets will fall heavily and not only Friday, but next week," said one analyst. "But the reverse is also true," he added. The future of the CAC 40 rose 0.56% to 3692 points, about 8:25.

Wall street closed due to "Labor Day"

Anyway, the CAC 40 should, like the Asian markets, thus starting the week on a good note, after the U.S. unemployment figures, less bad than expected.But this note could be shy, because of the close of trading on Wall Street (due to Labor Day) and the absence of macroeconomic significance. The meeting could be rather quiet on Monday. A meeting between EU finance ministers in Brussels is expected to strengthen the stability pact and economic governance.

Sanofi-aventis ready to make an effort at Genzyme

It is the same on the microeconomic front.Only the results of the first half of BioMerieux the program: the diagnostics specialist announced a first-half profit rose 4% to 72.1 million euros and confirmed its full-year organic growth (6%) and margin operational (between 17% and 18%) in 2010.

In the context of returning a slight optimistic thanks to the figures of U.S. unemployment, cyclical stocks (including financial and automotive) will also be monitored.

We will monitor developments in exchange Areva still struggling with Siemens, as part of the output of the German capital of the company chaired by Anne Lauvergeon.

Sanofi-Aventis would be willing to slightly increase its proposal to $ 69 per share on Genzyme, the biotechnology company if willing to negotiate, Dow Jones reported on Sunday.

PSA Peugeot Citroen has started building a new factory in China with its partner Dongfeng Motor, China's export and thought from 2011, said Saturday his manager for Asia.

Nissan, which Renault owns 44.3%, was willing to ally with Chinese automakers in the field of electric cars.

Venezuelan President Hugo Chavez on Saturday approved the payment of 690 million dollars (535 million euros) in Casino and other shareholders of the supermarket chain Exito nationalized in January.

Natixis and Publicis integrate CAC 40 September 20

Finally, Friday evening, the Scientific Council of the indices of the Paris Stock Exchange has announced that Natixis and Publicis will join the CAC 40, from 20 September.For the company headed by Maurice Levy, it is a return: the group of advertising methods had already been part of the CAC 40 between 2004 and 2006.

The two companies replace digitally Dexia and Lagardere, which appeared in the CAC 40 since 1999 and 1994 respectively, and join the CAC Next 20, that is to say, the main hall of the Paris stock exchange index.

Dexia and Lagardere will be replaced in the CAC Next 20 Atos Origin and Land Regions.

BHP Billiton on Wednesday shows he has the resources to tackle Potash. The world of mines said in a statement increased 47% in net profit in the first half to 12.72 billion dollars against 5.9 miliardi a year earlier. This figure is slightly below the 13.3 billion average forecast by analysts, where a mixed response in trade after the close of trading in Sydney. The share fell by 0.3% to 37.44 Australian dollars.

Revenues climbed 5.2% to 52.80 billion dollars over the period against 50.21 billion recorded last year. A performance that the group attributed to the rise in copper, nickel and aluminum.The Group has revised upwards its dividend payment that passes, as expected by analysts, cons 41cents to 45 cents a year earlier.

The company said again be able to complete the acquisition of Potash for $ 40 billion. The group's net debt declined to $ 3.3 billion.

For the future, BHP Billiton remains cautious. The Anglo-Australian group said it expected slower growth in China, its largest market, where the economy should grow by 8% in 2011. Overall, the global outlook in the short term are still uncertain for the commodities sector. Without more details, BHP Billition believes that steel production is currently exceeding the actual demand.

The CAC 40 was passed Monday night at the close of the bar 3750 points (3%). Drawn up by the bank after the better than expected quarterly BNP, the Paris market should not stop there, according to technical analysis, which brings the index to the attack of 3770 points.

The Paris Bourse is expected to remain broadly in the green, but the pace of growth should be lower on Tuesday. This is what is happening in Asia this morning.

The program of the Tuesday meeting, noted that prices for industrial production for June in the eurozone will be published at 11:00. American side, the expected numbers today should facilitate the session, including spending at 14.30 and household income, and 16 hours, industrial orders in July and promises of housing sales in June

Meanwhile, the euro remains at its highest in three months against the dollar.The euro rose as optimism in Europe and at the same time, the dollar is falling while stock markets advance and the risk appetite grows.

The eyes of Sanofi-Aventis Genzyme

Sanofi-Aventis, Genzyme has sent a letter mentioning his interest in the company, a source close to the deal, adding that the two companies were discussing the offer fast cash advance loan.

The chemicals group Arkema has published quarterly results on Tuesday sharply up, saying he made "his best performance history" since its IPO in 2006. Quarterly profit was 119 million euros, against a loss of 114 million euros in the second quarter of 2009.Revenues soared 38% to 1.6 billion euros and gross operating profit (EBITDA) reached 241 million, against only 70 million a year earlier.

CNP Assurances announced Monday that it bought back 65% stake in MFPPrévoyance, a subsidiary of MFP Services, a group of specialized mutual insurance officials. This stake will cost 86.5 million euros to the French insurer.

General Health. The former manager of French private clinics and hospitals on Monday published a half-year revenue declined 4.7% to 1 billion euros, which also reported an increase of 8.8% in profit operating income, to 80.4 million.

In an interview with Le Figaro, Benoît Potier, Chairman and CEO of Air Liquide, ensures that the large industrial groups have restructured and fully benefit from the recovery.

Asian stock markets resumed colors, except Tokyo. After being closed due to "Marine Day", the Japanese stock market should be the only Asian to be closed down on Tuesday. Around 6:40, the Nikkei, penalized by a yen flirting with a higher reaches seven weeks ago, lost 0.54% to 9357.91 points, with investors disappointed by recent publications by other companies in the U.S. .

In contrast, financial markets have taken over other areas of color: the Stock Exchange of Hong Kong gained 1.41% to 20,374.45 points, the Shanghai Stock Exchange ahead of 1.45% to 2631.88 points, the Taiwan Stock Exchange rose 0.87% to 7716.20 points, the Sydney Stock Exchange climbed 1.28% to 4414.10 points.

The increases are limited to Singapore, where The Straits Times Index posted a gain of 0.17% to 2950.45 points. In India, the Bombay Stock Exchange grants itself an increase of 0.36%.Finally, the South Korea Stock Exchange gained 0.35% to 3636.64 points.

Japan: export values penalized

Asian stocks benefit and speculation about a possible tightening of controls against China's housing loans freecreditscore. According to the Shanghai Securities News, the country wants to ensure that financial institutions will meet in the second half of the restrictions on home loans.

On the face values, the values penalizes strong yen Japanese exporters like Sony, which lost 2.57% to 2342 yen or Toyota was down 1.75% to 3080 yen.Conversely, companies such as CNOOC and China Resources Land rose 3.56%, respectively 16.26 Hong Kong dollars and 2.42% to 12.66 Hong Kong dollars.

Crude prices were higher on Tuesday in electronic trading in Asia in the wake of a modest increase registered the previous day in New York, dealers said.

In morning trading, a barrel of light sweet crude for August delivery took 24 cents to 76.78 dollars a barrel, while Brent North Sea crude for September delivery took 29 cents to 75.91 dollars .

Boeing has chosen to present Farnborough for the first time outside the United States the B787 Dreamliner, its new long haul aircraft.

The Boeing 787 landed at 9.08 am yesterday on the British airport. The American competitor for the A380 will be on display until tomorrow. The B787 Dreamliner is the only aircraft, representing 50% of composite materials. With this choice of technology, Boeing says that the device saves 20% fuel and 30% of maintenance costs.

Ordered 860 copies, the B787 Dreamliner has encountered serious difficulties. It lags two years. Its first test flight took place December 22.

Boeing also announced Thursday it would postpone for a few weeks the first delivery company commissioned by the ANA.It should be available until early 2011 when he was scheduled to deliver in late 2010.

Boeing has recently discontinued the test flights of its first B787 after the discovery of problems on some parts.