Posts Tagged ‘store’

20
Jun

The Paris stock exchange down sharply

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Even stronger in Asia on Monday morning, investors reacted badly to the new rescue plan for Greece: the Paris Bourse, a technical problem prevents the scoring but when the problem is solved, the CAC is expected to fall sharply and move under the 3800 points, which had not happened since March 18. "Some technical problems occurred during the pre-opening, the markets could not open on time and are working to resolve this issue as soon as possible," said NYSE Euronext exchange group at the time of Opening assumed the Paris Bourse, at 9 am.

Despite a new rescue plan for Greece launched last night by finance ministers in Europe, markets remain worried and disappointed "investors continue to seek a quick fix that is not the working time of European political authorities.The difficulties in finding compromises will continue to maintain the highest concern, "warns one at CM-CIC.

After the reassuring words of French and German leaders who have displayed a welcome unity Friday, the firm tone adopted by the ministers said that the issue will be very long to resolve. The central bankers in the eurozone have defined the conditions of payment of a further tranche of loans in July, but the finance ministers of the euro area indicate that the release of the loan must be accompanied by the vote of a new plan of austerity and privatization by the Greek Parliament. Banks and other private creditors and participate in this new plan. However the contours of that plan remains to be defined.

In Milan, the stock market fall of over 2% after the warning from the rating agency Moody's on Friday night.The agency said Friday it planned to lower the debt rating of Italy, currently set at "Aa2." The agency said the risks to growth, financial markets and the government's ability to reduce the deficit. Featuring Dax index of the Frankfurt Stock Exchange opened sharply down Monday from 1.20% to 7078.59 points against 7164.05 at the close Friday. The London Stock Exchange it retrograde from 0.87% to 5665.24 points.

On the currency side, the euro weakened against the dollar: 7:45 to Monday morning, the euro lost 0 instant personal loans guaranteed.57% to 1.4225 points, showing that the meeting euroépenne last night did not convince the markets. In addition, oil continues to fall sharply, quoting under $ 92 in New York.

Opening of the Paris Air Show

All eyes will be mostly shot on the Paris Air Show, which opens Monday.Bad news for Airbus (parent company: EADS) last night, an incident of a private Airbus A380 giant aircraft flight, the aircraft had struck the wing of a building while being towed on taxiway of the airport. Boeing, he launches the new version of its popular 747 jetliner, highly anticipated.

In addition, the CEO of EADS, Louis Welsh, said the sale of 22.5% stake held by French and German states could be done without exposing the group to a hostile takeover, note leFinancial Times. Louis Welsh evokes an existing structure "extremely hard" for the development of the company.

Sanofi-Aventis. An investigation into a corruption case involving employees of the pharmaceutical group in Germany was opened, said Sunday a spokesman for prosecutors in Verden."Sanofi confirms that there is an ongoing investigation and that he will cooperate with the authorities related to this investigation," said his side a spokesman for the group.

PSA Peugeot Citroën. The mayor of Aulnay-sous-Bois (Seine-Saint-Denis), Gerard Segura, announced Friday it had requested an appointment at Industry Minister Eric Besson for clarification on the future site of PSA Peugeot Citroën.

Areva / EDF. According to reports in The Tribune, Nicolas Sarkozy has warned a week ago the CEO of EDF Proglio the departure of Anne Lauvergeon.He finds himself in a strong position.

The French group Publicis has bought Chinese Genedigi, specializing in public relations, events and digital marketing, with about 400 employees, for an undisclosed amount, he said Monday.

"CONTEST: Estimate the Cac 40 in late June

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10
Jun

Nice bounce to the Paris Bourse

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Until this afternoon, prudence and tensions were on the agenda of this meeting at the Paris Bourse. But at the opening of Wall Street, where the indices have moved into the green after six consecutive sessions of decline, the CAC 40 rebounded to finish sharply higher on Thursday from 1.06% to 3878.65 points . The figure on foreign trade in the U.S., better than expected, reassured investors cooled by a series of bad numbers in the U.S. and the Fed has not proved reassuring about the economic recovery of the first power of world.The Beige Book from the U.S. central bank (Fed), published during the session on Wall Street has reinforced the comments made by chilling the day before Ben Bernanke: "Economic activity continued to grow in general, but a small number of regions have expressed some slowing. "

Remains in the United States, the situation remains worrying in that the U.S. government can not reach agreement on a possible increase in the debt ceiling from the federal government, which must yet be approved before August 2 . After S & P and Moody's, Fitch has in turn launched an alert on U.S. debt, threatening the country's triple-A.

Elsewhere in Europe, the trend is good too.The London Stock Exchange finished up 0.82% to 5856.34 points and the DAX index of the Frankfurt Stock Exchange was up 1.41% to 7159.66 points.

Consumption expenditure of households leave

In France, payroll employment has increased its recovery in the first quarter and the balance of agency has eased, according to Insee. The sectors mainly merchants have created a total of 58,200 jobs after 48,300 over the last three months of 2010, an increase of 0.4% against 0.3% on the previous quarter.

Consumption expenditure of households is distributed last year (+1.3% in real terms after only 0.1% a year earlier in a crisis).This has contributed to two thirds of the growth of the French economy in the year of recovery after the global recession of 2009.

Inflation, measured by changes in consumer prices, rose 1.8% between late 2009 and late 2010, year on year, double the previous year.

In the U.S., new jobless claims were virtually unchanged, said Thursday the Labor Department, which identified the filing of 427,000 benefit claims in the country from 29 May to 4 June, while analysts expected 423,000 new registrations.

The euro and oil up

On the currency side, around 17:30, the single European currency fell back and was worth 1.4516 dollars against 1.4575 dollars late Wednesday.

Side oil prices are trending upward, failing agreement within OPEC to increase crude production.On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for July delivery traded at 101.61 dollars, up 87 cents from the previous day.

LVMH would prepare a "supply shock" Hermes

Hermes: 2.21% to 191.95 euros, LVMH: 0.65% to 116.90 euros

Rumors times by the British newspaper Daily Mail, LVMH would prepare an offer of 350 euros per share Hermes, which holds 20.21% stake, a premium of almost 100%.

Peugeot SA: +2.42% to 28.41 euros

The automaker PSA Peugeot Citroen plans to close its site of Aulnay-sous-Bois (Seine-Saint-Denis) "Current 2014" and that of Sevelnord (North) in 2013, threatening 6,200 jobs, according to an internal document of the group presented to the press Thursday by the CGT.

Club Med: + 5.11% to 16.13 euros

The group announced on Thursday a profit of 10 million euros in the first half, against 3 million in the first half of 2010. The indicator of profitability of the villages of the French group jumped 67% to 47 million euros.

Remy Cointreau: + 0.11% to 56.56 euros

The group reported a net profit 2011en 2010-down more than 18%, to 107.5 million euros, 109 million lower than expected by the market.

Ipsen: -3.24% to 25.83 euros

The band announced an increased specialization and investment under its new strategy.He envisions one-time charges of 80 to 100 million euros before taxes in 2011 and 2012, related to the implementation of this strategy will require the closure of Research & Development in Barcelona.

Air France-KLM: -0.79% to 10.71 euros

The airline announced Wednesday an increase in passenger traffic in May, albeit at a slower pace than in April, which had benefited from favorable comparison bases.

Aeroports de Paris: + 0.95% to 64.91 euros

ADP announced Wednesday it had entered into exclusive negotiations with the operator of airport services 3S Group to cede a majority stake in its ground handling activities.

EADS: + 1.72% to 21.57 euros

The largest private airline in India, Jet Airways, will be ordered ten Airbus A330 aircraft, said its chairman Naresh Goyal quoted Thursday in the daily The Economic Times.

Schneider Electric: + 3.07% to 114.10 euros

The French electrical equipment manufacturer announced Thursday the acquisition of the Chinese Leader & Harvest Power Technologies Holdings, which specializes in variable speed drives, based on a valuation of 450 million euros (including debt).

EDF: + 1% at 27.33 euros

EDF could be tested by the weather this summer. RTE, the French electricity network operator, today the government's scenario for the summer.Dry weather and heat wave could cause the system to its limits.

Sopra: + 1.08% to 85.51 euros

The shareholders gave the green light Wednesday to the proposed demerger and listing of Axway Software, the software division of group counseling and services.

Next recommendation, Suez Environment (2.11% to 14.28 euros, the biggest increase ACC) is supported by JPMorgan, while Havas (1.49% to 3.54 euros) is supported by an increase of Kepler's opinion to buy, cons ease.

Saint Gobain, Bolloré and Ruby hold their general meeting today.

"QUIZ Estimate the Cac 40 in late June

08
Jun

Bacteria: the EU will provide over 150 million farmers

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The European Union (EU) comes to the rescue of its farmers. The European Commission agreed Tuesday to revise upwards in a "substantial" his proposal to release 150 million euros to compensate producers of vegetables in Europe. This is to cope with the losses suffered by the fruit and vegetables after the psychosis to EHEC bacteria has killed 24 people in Europe.

Brussels proposed to compensate the losses up to 30%. But a large majority of European countries have found that it was not nearly enough and have had "strong pressure" to review the amounts rise, according to a diplomatic source.

The exact amount of aid will however be adjusted estimates by country. "We will take the period from late May, marking the beginning of the crisis at the end of June" to calculate the amount of compensation, "said Agriculture Commissioner, Ciolos.This envelope will be accompanied by compensation to 30% of the actual value of losses since the outbreak of epidemics in early May in Germany.

Insufficient support

The only Spaniards consider that the bill because of the boycott of their products by European consumers has cost them 200 million euros. In France, the bill, according to professionals, is approaching 5 million.

French and Spanish Ministers of Agriculture have also questioned the principle of a refund only 30% of losses paydayloans. "What we want is there an answer for all producers, whether or not members of producer organizations and 100% of fair market value of losses," said the Spaniard Rosa Aguilar. The French Bruno Le Maire for his claims for a refund "to the nearest euro.

Berlin slammed

Germany on the other hand was roundly criticized for his handling of the crisis by European Commissioner for Health in the European Parliament meeting in Strasbourg on Tuesday. She had made allegations, soon withdrawn, cons of cucumber Spanish after the demonstration of the first cases of contamination. "It is critical that national authorities are not lining up to give alerts unproven, because it creates problems and psychosis," warned John Dalli."It is important to trigger alerts when certain scientific data," he said.

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31
May

The Paris Bourse ends in early fall

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The Paris Bourse started the week on a small decline. Has the image of Asian stock markets this Monday morning, the CAC 40 closed at 3942.53 points (- 0.21%). Today, the London hotel market is closed while Wall Street will not open either and will celebrate Memorial Day (as every last Monday in May).

This Monday was followed in particular the impact that will follow the announcement by Germany to shut down its last reactor in 2022. The country became the first industrial power to abandon atomic energy. Already in China, the values ​​related to coal soared when he appears as the best vehicle for investment, better than solar or wind power in the future.

European side, the news is charged.The Greek Finance Minister George Papaconstantinou said was confident Sunday in the payment of the next tranche of EU-IMF loan to avoid bankruptcy for rejecting an article of the German weekly Der Spiegelmettant doubt this release. Note that the Athenians flocked in their thousands on Sunday night in the central square of the capital, before the parliament, the fifth day of a successful mobilization against austerity, modeled on the Spanish "Indignant".

Ireland, she may have to request a new loan to the European Union and the International Monetary Fund if it fails to return on the bond market to raise funds next year, said Minister of Transportation the columns of The Sunday Times.

On the foreign exchange market, the euro retreated slightly against the dollar Monday in a quiet market due to the closing of financial centers in the United States and England. Around 0900 GMT (1100 Paris), the single European currency was worth 1.4291 dollars against 1.4317 dollars on Friday night.

Values ​​on the forehead, that Monday is the day of commencement of trading of shares of Areva. The beginning of the session is particularly volatile for the action that keeps change from red to green leaves about 2% to 29.65 euros.

The group's president, Anne Lauvergeon, also believes that the nuclear reactor projects under consideration will be delayed by about 6 to 9 months because of the review of data on plant safety, said Monday its president .

Renault leaves% to 0.70% 38.79 euros while known to be the name of the successor of Patrick Pelata to senior management. Portuguese Carlos Tavares, 53, an avid sports car and head for the Americas of the Japanese Nissan, Renault's affiliate, should be named the number two automaker French.

Dexia 0.21% leaves% to 2.413 euros. The Belgian-French group will pay no dividend for 2011 due to the cost of asset sales announced Friday, said its chairman Jean-Luc Dehaene, Belgian daily L'Echo.

EADS is virtually unchanged (+0.02% to 22.42%).Its executive chairman Louis Welsh said that he supported the introduction of a veto in the defense sector to prevent hostile takeovers, in an interview with Focus magazine. "It's not about bags and luxury goods, we are in an area of ​​national interest," he said.

Technip leaves 0.43% while the group was selected by Samsung for its Floating Shell gas extraction.

Total (-0.23%) acquired 25% of an exploration license offshore Qatar for an offshore field that extends over 5,600 square kilometers.

Petroleum.The Economy Minister Christine Lagarde said Sunday that the government could impose on oil to reduce fuel prices at the pump if they do not justify the price drops enough found so far by the administration.

Hermes pressure

Hermes was down 0.17% to 179 euros while the group holds a very important meeting on Monday. Saddler said the appeal: the voice of Hermes family shareholders, Bertrand Puech denounces "attempts to destabilize" the company by LVMH. The Adam, she filed a lawsuit that the family can not merge into a holding company.

L'Oreal (-0.06%).Daughter of Liliane Bettencourt, Françoise Bettencourt Meyers, June 6 to ask the investigating chamber of the Court of Appeal of Bordeaux to cancel all records Bettencourt, citing a procedural issue attributable to the prosecution Nanterre.

Trading in Meetic is suspended while his American counterpart Match.com Announces Intention to bid for all outstanding shares of the French site. Internet dating site offers 15 euros per share in cash offer for its competitor.Its parent company said already hold 27% stake in Meetic.

Medica (0.83%) announced Monday it had signed an amendment to the credit agreement that was signed in June 2010, taking advantage of favorable conditions in the debt market to increase its financial capacity.

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08
May

Coca-Cola celebrates 125 years with a bang

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Three raps with a hammer-shaped wooden bottle of Coke. Thus, Muhtar Kent, CEO of The Coca-Cola Company, launched Friday night in Atlanta the weekend of festivities to mark 125 years. The first glass of Coca-Cola has been officially served in a pharmacy in the capital of Georgia, May 8, 1886. "My predecessors had used the hammer to the 50th, 75th and 100th birthdays," said the big boss at the company headquarters. No way to shake up tradition, although modern technologies give some freshness to the event.

A sound and light show ignited the building up to 122 meters. "This is the biggest thank-you cards that we send you," Muhtar Kent has launched its guests, the leaders of North American bottlers and oils from the city of Atlanta, the State and the University of Georgia, or even the local clergy.The famous bottle was projected in 3D on all four sides, in a show of twenty minutes presented as the greatest illumination of a building in the world.

Piracy Alert

The day before, the organizers had a cold sweat. "We realized that students from the University of Georgia Tech, located in front of the seat, trying to hack into the programming of the sound and light," says one officer. We were afraid they are trying to project a naked woman or a bottle of Pepsi. "Neither of these nightmares, the second being the scariest for Coca Cola, has occurred.

In Atlanta, apart in the sky, blue is not red shade at the weekend. Saturday afternoon, nearly 15,000 people attended in the heat to a four-hour concert, the group broadcasts live on the internet to "thank the entire planet." Nothing less.An outdoor show started by K'Naan and his "Wavin 'Flag", a hymn to the success of the last World Cup football, with the refrain "oh oh oh oh oh" has the merit of being included in the 206 countries where Coke is sold.

The host Ryan Seacrest, the American Nikos Aliagas, then invited on stage "the next American Idol" Muhtar Kent, before the governor of Georgia and the mayor of Atlanta did join in wishing happy birthday to the Coca-Cola … behalf of their constituents. Aediles quickly replaced by the former glory of American Idol Kelly Clarkson, the band One Night Only, the R & B singer Ne-Yo, Natasha Bedingfield or, standing ovation for his cover of "Purple Rain". A colorful tribute, no doubt, to the Prince of cola.

In the morning, a good-fair was reserved for employees of Coca-Cola and their families facing the World of Coke museum.Mostly dressed in red T-shirt, they chained face painting and tattooing, before engaging in an artistic activity: design their own bottle of Coke! But the United States, any successful self-celebration can not have a good feeling. Delegates have they bundled packages for families Georgian victims of tornadoes that ravaged the south last month. An operation conducted in partnership with the Red Cross. Red like Coca-Cola, of course …

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19
Apr

Stéphane Bern: "I can not imagine sitting on a throne for years"

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Leading expert in royalty, Stéphane Bern comment April 29, alongside Marie Drucker, the marriage ceremony of Prince William with Kate Middleton of England, live on France 2. 5 hours, public television will broadcast the event live, which should be followed by at least "2 or 2.5 billion viewers worldwide," according to Stephane Bern. "This is an event of contemporary history. A global event and unprecedented, "he pleads. All the big chains will diffuse into the world. " What explains the popularity of this royal wedding in a republican country like France? "De Gaulle said:" The French have a taste of the Prince and will look abroad. We have two monarchies replacing the Windsor and Grimaldi. This year is finally a year for the French! Moreover, the news is enough anxiety.From this point of view, marriage is timely to break the torpor. Finally, it is a significant historic event in the history of the monarchy. What is reassuring for people is knowing where it goes, that will embody its future Marriage is a promise for the future because children may be born after. "

Broken for about 25 years, with the exercise of great ceremonies commentary (that of Prince Charles with Camilla Parker Bowles) as well as funerals (like those of Prince Rainier), Stéphane Bern believes it is "' be both very "first degree" in the narrative of the event, to decipher the codes and rituals that we see in the image, but also sometimes bring a little distance, to be entertained because this is a happy event. "2 France for the occasion send his special envoys "to Buckingham Palace, to Westminster, on the course and ceremony in the small village of origin of Kate Middleton."

If there is "certainly issues of audience," Stephane Bern ensures they "escape him." An asset plus the freedom that the public service vis-à-vis the advertising. "In other channels where I officiated, we always left before the kiss, because he had to make the antenna to log 13 hours. Here, we will keep the air from 9 to 14 hours to kiss on the balcony. Then we can distribute the newspaper. There is no requirement for advertising on France Televisions. The pressure is less strong, "welcomes the journalist payday loan.

The duo will end July 2 live next to comment on another royal wedding, that of Albert of Monaco and Charlene Wittstock.What are the differences between these two ceremonies? "Marriage is English protocol, the Windsors are good at this kind of colorful show. The marriage of the Prince of Monaco is very different from his parents. It is his style, very modern, relaxed, warm. "

The marriage of Prince William should bring some "700 billion to the UK economy." French side, the amount of broadcasting rights of marriage to Albert of Monaco must be "donated to the Foundation Prince Albert II and Charlene Wittstock future foundation. The director Jerome Revon rotate images. There has been talk for a while that his team provides all the financial means for marriage, then resell. There, in fact, Monaco supports the device of marriage. However, as in England, all products will feed directly into the foundation.I will declare myself a book published by Albin Michel Marriage (Monaco), whose rights will be donated to the two foundations, "explains Stéphane Bern.

Besides the show "How it goes!" On France 2, Stéphane Bern animates every day since 2000 "Mad King" on France Inter, live. Every season, his name is circulating in the list of the "transfer window" of the radio. The next school year will she change that? "I have no idea. The game is very open. I have been approached by various radio stations. I already asked the question for the ten years of "Mad King". It may need (to) renew. It's a job where you always question yourself. I can not imagine sitting on a throne for years. The game is open, perhaps for the first time, "he concedes.Expected response "in early May between the two marriages …."

This summer, the facilitator will be back on the air in "Secrets of History" on France 2, one issue will be devoted to Buckingham Palace, and one at the Elysee Palace, released in September on the Heritage Days event.

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14
Apr

The IMF is concerned about the precarious state of banks worldwide

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Four years after the bursting of the housing bubble and the collapse of U.S. subprime, the United States, Europe and Japan are far from having solved their problems. Everywhere "the state and households remain heavily indebted, in varying degrees, and the health of financial institutions has not recovered at the rate of recovery of the economy as a whole," warns the International Monetary Fund in its half-yearly report on financial risks, released Wednesday.

We can no longer be content to make "prevention" by providing liquidity, we need a real "structural treatment," insists Jose Vinals, financial adviser to the IMF.

If the crisis of sovereign debt in the euro area focuses attention, "the United States and Japan are both very sensitive to an increase in the debt burden if interest rates were to rise substantially from their current levels. " The IMF has calculated that the Japanese government will this year's market borrowing the equivalent of 56% of its GDP to refinance debt that matures in 2011. The U.S. Treasury is second with a financing requirement equal to 29% of GDP, followed by Greece, Italy, Belgium, Portugal and France, whose programs of public issues over 20% of their GDP no faxing payday loans.

From the banking side also, the needs are enormous.Refinancing maturing over the next two years amounts to 3600 billion. While progress has been made to improve capital ratios.

Limited effects of earthquakes in Japan

But in the world, "30% of the banks reviewed by the IMF have capital ratios below 8% (of assets), says Jose Vinals. In Europe, almost all institutions in Greece, Ireland, Portugal, many small banks in Spain, some regional banks in Germany have lost access to markets. I expect a lot of 'stress tests'qui be launched in June. I hope they will be sufficiently credible and stringent. Banks that are not viable will no longer exist in their present form. "

The Fund is however not too worried about the consequences on the global financial system of earthquakes in Japan.Similarly, the geopolitical risks in the Arab countries would have limited effects. The exposure of U.S. banks, European and Japanese is "approximately $ 330 billion, no more. With this clarification for French banks, "set to the tune of $ 12 billion in the UAE, $ 22 billion in Morocco, Saudi Arabia 19 billion and 17 billion in Egypt."

05
Apr

Bill Gates on tour in Europe of austerity

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Former boss of Microsoft, changed to humanitarian, takes his pilgrim's staff for the cause of the poor among European leaders, a few months before the G8 and G20 chaired by France. Pitches yesterday in Paris, where he met President Sarkozy, Minister of Economy Christine Lagarde, and Minister of Foreign Affairs, Alain Juppe, Bill Gates connects today by the European Parliament in Strasbourg, before reach Berlin. "There is a real risk in the context of crisis in the euro area, and shrinking budgets as the United States to relegate development assistance in the background," says the philanthropist, who placed more than a third of his fortune in his foundation, with 34 billion dollars.

In his meeting with Nicolas Sarkozy, Bill Gates has mainly supported the commitments made by States in favor of poor countries.The stated objective of the European Union is to spend, by 2015, 0.7% of GDP to official development assistance (ODA). The French will still have to prove, "said Bill Gates in substance. Although second in volume behind the United States, ODA accounted in 2009 only 0.46% of GDP and the president announced a freeze on 2011, 2012 and 2013. "If you remove this amount of debt relief and some other things that do not really help, it is even lower," he said.

British example

In particular, France makes no distinction between soft loans and grants. The American billionaire has, however, hailed the example of Britain, became a "reference", which despite its drastic cuts more money for development and by 2013 should reach 0.7%.

Bill Gates has agreed, at the request of Nicolas Sarkozy, the floor on innovative financing, particularly to study the proposal, championed by France, the tax on financial transactions. While recognizing that without the support of the United States would be difficult. It must report its findings in the context of the G20 summit next November in Cannes.

If he was in Paris yesterday, was also to present a communication campaign designed to combat misconceptions about development aid, designed in partnership with the NGO One, Bono, lead singer of U2. The campaign is called "Living Proof" (living proof). Transforming Lives. Together ". The message is clear: to prove, figures and examples to support the effectiveness of aid. Resolutely optimistic, Bill Gates sweeping criticisms of the hand. "Just look at the results," he insists.It's phenomenal. "The examples in the health and agriculture, the two priorities of its foundation, do not miss. "Just as I was talking about the magic of software, I now speak of the magic of vaccines." Magic which has, since 1988, reduce by 99% cases of polio. Malaria cases have dropped by 50% in 38 countries between 2000 and 2008. Deaths from measles in Africa have fallen by 92% between 2000 and 2008. Between 1990 and 2005 the number of people living in extreme poverty fell by 400 million …

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13
Mar

47% of French ready to consume less gasoline

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The French will not endure forever rising fuel prices, without changing their consumption habits. According to an Ifop poll published Sunday in the South West, 47% of respondents intend to reduce their consumption now if gasoline prices continue to climb.

Consequence of the soaring price of oil, those fuel have reached record highs last week. A liter of unleaded 95 has sold 1.50 euros on average in the hexagon, and a liter of diesel 1.54 euros, said earlier this week the Directorate General for Energy and Climate (DGEC ). Some stations even offered Paris a liter of unleaded fuel to 1.8 euro.

If consumers incorporate more and more since 2005, the idea of ​​an inexorable rise in fuel prices, 1.5 euro per liter of diesel remains for many a symbolic threshold beyond which they consume as much. Only 15% of respondents put this threshold at a level greater than 1.5 euro per liter, said the survey. Jean-Louis Schilansky, president of the French Union of Petroleum Industries (Ufip), makes the same observation. He recalled that in 2008 when fuel prices had also risen sharply, the consomamation was down 3% once this threshold is crossed.

Not lower taxes

The decision to reduce its consumption or not, however, depends partly on the level of life. 40% of workers have thus been limited.In contrast, managers and professionals are more likely (14%) than average (11%) said they will not alter their habits, whatever the price of a liter. For many, the level of fuel consumption is also strongly constrained by the lifestyle.

Faced with soaring prices, the government this week but ruled out any cut in gasoline taxes could reduce the transport budget of the French. "You can take steps this guy at a time when we must take into public finances," ruled the Economy Minister Christine Lagarde. It was therefore confined to advise the French to buy the morning and follow rules of conduct to reduce, even at the margin, the price at the pump.

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26
Feb

Toyota: two millon cars recalled

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The serial number of recalls Toyota has not been completed. The Japanese giant, on Thursday demanded the return of the factory more than two million cars in the United States and Canada. This episode, however, should close a long black series for the builder who was forced to recall nearly 10 million cars since 2009.

And floor mats are once again causing the problem. They are indeed capable of blocking the gas pedal. Return factory aims to prevent the floor mat may be misplaced, "which can interfere with the operation of the accelerator pedal," said the builder. "If this happens, the accelerator pedal can be temporarily trapped in a partially depressed position, instead of returning to normal."The official inquiry by the U.S. National Highway Safety has recently confirmed that the problems of unintended acceleration of the Japanese manufacturer of cars, causing massive recalls from the end of 2009 were due to mechanical problems, not systems electronics.

Toyota and Lexus models concerned 4×4

Several models are now affected by this problem. 4×4 vehicles, model 2004 to 2007, Toyota lists 789,000 U.S. and 30,400 in Canada.The owners of the vehicles Toyota and Lexus are also expected to return to their dealership, they are nearly 1 installment payday loans.38 million U.S. and 116,000 in Canada.

The administrator of the traffic safety agency (NHTSA) U.S. Department of Transportation, David Strickland, said in a statement Thursday that the new reminder to the investigation led by its services. "NHTSA has reviewed over 400,000 pages of documents to determine if the Toyota scope of its recall was sufficient pedal stuck.As a result of this examination by the Administration, NHTSA has asked Toyota to recall these additional vehicles, and now that (the manufacturer) has done, our investigation is closed, "said David Strickland.

But the return to normal could take some time for the builder who already pay a fine of $ 50 million to U.S. authorities. Besides these many recalls have tarnished the image of the world's leading automotive and affected its sales. In the U.S. market, Toyota has lost its number two position in favor of Ford, behind the number one General Motors.

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