Posts Tagged ‘stories’

The graduate recruitment up

September 29, 2011 - 6:39 am Comments Off

All news is not black now on the employment front. Especially for the 2010 graduates were more successful in entering the labor market as their alter ego of the two previous promotions. In any case, what emerges from the latest survey of "the employment situation of graduates' released Wednesday by the Association for the employment of cadres (Apec).

In spring 2011, eight months after graduation, just over seven in ten were in fact employed. Seven points higher than for graduates of 2009. In total, only 24% of them were still looking for their first job before the summer. "After two difficult years, the job market again smiling young graduates," says APEC and notes however that "the level observed in 2008 for the Class of 2007 (employment rate 77%) is not reached. "

Decline in job insecurity

Young engineers are, not surprisingly, those who have benefited most from the renewed welcome. Nearly eight in ten were employed, an increase of 14 percentage points from the previous promotion. The graduate business school and management are hardly worse off with an employment rate, also rose sharply (+ 11 points), 76%. Only university students are left behind with "only" 65% in employment (+ 6 points) and especially while three in ten were still seeking their first job.

The vast majority (81%) of those who have gained their first job was still in the spring, after searching for an average of two months, four against the previous year fast payday loans. 13% had changed employers and 6% switched unemployed at the end of their first professional experience.Line side, "services remain the outlet of two out of three graduates," says APEC, with a majority presence in education, training, health or social work, banking and insurance, or IT activities.

The industry, meanwhile, recruited as a young graduate in four, mainly in the automotive, food and pharmaceuticals.

The proportion of permanent employment, which fell in 2010, regained its 2009 level, 54% of contracts held. "This increase is accompanied by a sharp decline in precarious," especially among academics, Apec observed. As for the remuneration of employment, they are also rising again at 27,700 euros gross per year, respectively 400 and 700 euros more than the previous two years.The increase is particularly significant for young business school graduates (2700 + euros a year) as opposed to the university whose average annual income fell from 800 euros compared to 2009.

In the end, more than nine out of ten graduates said spring "satisfied" with their jobs, a level is still up from years of crisis.

Speedy is preparing again to change hands

September 19, 2011 - 1:40 pm Comments Off

For employees of Speedy, the turbulence is not over. They thought that the actual sale in July, Kwik-Fit, Speedy UK parent company, Itochu in Japan ended the uncertainty born in October 2010 when the investment fund PAI Partners had announced its intention to sell the shares.

Itochu, however, was only interested in the activities of British and Dutch Kwik-Fit, and not by the French pioneer of the automotive fast, with 474 service centers and a turnover of 200 million euros. And as soon as August, the Japanese group has a mandate to sell this French branch. And things are going very fast, since according to our information, potential buyers must submit their bids on Wednesday 21 September.

Three candidates are in the running of the company, with 2500 employees. All three know the business.Jacques Le Foll plays continuity as it is the current president of Speedy. He wants to continue the strategy it has put in place when he took control of the group three years ago. With some success since Speedy returned to financial balance last year.

The second candidate also knows the house well. Gilles Chauveau's predecessor Jacques Le Foll at the head of Speedy. And he led the company for eighteen years. Its offer is supported by Butler Capital, an investment fund specializing in the mean values. The two leaders have very different personalities. And they cause internal reactions extremely trenches.

Option Green Light

Last candidate, Green Light, a direct competitor of Speedy. A reconciliation between the two companies is regularly mentioned.In 2007, Kwik-Fit had even launched a bid for the Green Light, but the fund Qualium, a subsidiary of Caisse des Depots, had finally won the day. A few months ago, tried to sell Qualium Green Light evoked the interest and some of PAI. The operation did however not made and the funds from the CDC now seems willing to invest to strengthen the position of the company.

In addition to price, the buyer will also put money in Speedy. PAI has indeed invested poorly in recent years. We must renovate the center, develop a communications policy more dynamic and intensify efforts in training. The profession is indeed changing. Historical benefits of Speedy-exhausts, brakes and shock absorbers, are declining because of their sustainable growing.The growth drivers, which already represent 60 to 65% of the activity, are to be found in more technical areas such as revising or air conditioning.

These investments must be decided and launched quickly or fall behind the competition. You should know who will be future leaders. This should go fast: Itochu is pressed and the case is expected to close before the end of the year.

Eric Besson defends 4G mobile licenses

September 5, 2011 - 8:32 am Comments Off

While the price war is raging in the mobile, the controversy swells at the end of unlimited Internet packages, the operators challenge the tender on licensing 4G, Eric Besson, Minister of Industry, responds to Figaro on all issues and criticizing the socialist project on digital.

LE FIGARO. – The bidding on licenses 4G is attacked. Will you give up?

Eric Besson. – The State Council will vote Wednesday. Expect. But thanks to this call for nominations, France will be part of the forefront of the mobile broadband Internet. The government is selling rare frequency of the highest quality, which all countries say they are strategic. We do this with the twin goals of coverage and stimulating competition, the benefit of consumers. Traders feared that a monopoly or duopoly is not recreated.But this call for applications is the first to include criteria as pro-competitive: the creation of four lots so that all current operators can expect to find their place, creating a criterion favoring offers to host virtual operators. We have gone as far as possible to encourage competition. But we also need strong operators, able to achieve very significant investment for years to come, both for the deployment of mobile broadband as that of the optical fiber.

How will you deal with interference of DTT by 4G?

As has always been the case in all countries of the world, a trader who buys frequencies is liable for any interference that they can generate. We assess that risk to less than 2% of households.To facilitate the processing of any such interference, the government will establish a single telephone number, with a small call center, so that individuals can report any such interference on their TV and get the linkage with operator responsible. This device will be funded by all operators at a rate of 2 million euros per year for five years.

You advocate for changing the standard of TNT. Chains bonus going to be frozen, and consumers will they have to buy a TV?

I am not campaigning for anything, and there will be no change in standard of TNT in the coming years. The French continue to receive 19 free channels and 10 pay channels of TNT, with no changes.What we're talking about is the next step, and new services to be launched in the coming years: new TV channels, personal mobile TV, 3D TV … The question is whether these new services will use the older DVB-T or the new DVB-T2 which allows to get 70% extra services. Chains on bonus, not the government that calls into question, but the European Commission, which initiated proceedings bad credit payday advance. It would be irresponsible to issue permits for them to be canceled two years later, and that the state is then ordered to pay $ 800 million to 1 billion euros in compensation.Let the president of the CSA put its proposal and the prime minister officiate.

Packages Unlimited Internet at home are at risk?

The unlimited plans are at the heart of the development of the digital economy and are not threatened, quite the contrary. New unlimited call plans appear almost every week. Some operators have started to consider to better segment their offer, which does by no means the end of the unlimited. With the development of very high speed, there will be even more unlimited in the months and years to come.

How do you protect consumers?

We have set up with the social tariff Frédéric Lefebvre mobile phone, which allows 40 minutes to communicate and send 40 SMS for less than 10 euros per month.We will implement in the coming days the social tariff of the Internet, or 20 euros per month for telephone and broadband Internet, plus 3 euros per month for a box. We will sign an initial agreement on September 13. The order that I issued on August 26 also includes important measures as the establishment of an impartial mediator to each operator, the requirement to obtain consent from consumers for the automatic sending of commercial messages or for the establishment of witnesses navigation.

What are the issues you organize inter-ministerial seminar on October 21?

This is progress in the implementation of the declaration of Deauville.Networks (both funding and security), protection of personal data and the fight against the digital divide will be on the agenda.

What do you think of socialist proposals on digital?

The project of the PS is archaic. It is based on a tax Internet access, known as "socially progressive". Internet access will be paid based on their income! The PS also wants to abolish Hadopi and create a global license. This proposal has been accepted anywhere in the world. This would be the end of copyright in the land of the cultural exception! The PS also provides for the creation of a single public operator for the deployment of high-speed fixed and mobile. He still has not understood that the introduction of competition was the key factor in broadband deployment and growth of the digital economy.

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Libya: oil well soon able

August 31, 2011 - 4:44 am Comments Off

• oil wells in a state "in the coming days"

Oil may be back soon in Libya. The country should rehabilitate wells "in the coming days," announced the new oil minister, Ali Tarhouni, at a press conference in Tripoli. "The situation will not return immediately to normal, but almost," he added.

In Geneva, the World Food Programme (WFP) has launched a tender to supply 250,000 tons of gasoline provisional Libyan authorities to deal with the most urgent needs of the population after six months of civil war .

• Libya buys French wheat with frozen assets

The interim government in power in Libya has signed two contracts for the purchase of French wheat with assets released this month by France, according to sources close to the negotiations.The French Ministry of Foreign Affairs French announced in early August its intention to release $ 259 million to make available to the National Transition Council to rebuild the country after six months of civil war.

Each contract weighs at least 22 million to about 60,000 tonnes of wheat, a senior leader of the French grain trader Bellows, who signed one of the two contracts.

• A four-day ultimatum issued to supporters of Gaddafi

The rebel leader Libyan Tuesday sent an ultimatum expires Saturday supporters of Muammar Gaddafi in the last strongholds of the regime that they surrender, otherwise they would face military operations my credit score.

The head of the National Transitional Council (CNT), Abdeljalil Moustapha said that negotiations were underway with officials of those cities to try to secure their surrender without a fight. "This window of opportunity will expire at the end of the Eid al-Fitr. From Saturday, if a peaceful outcome is still not to the field, we can make a difference militarily, "said Abdeljalil. The launch of the final battle in Libya is "imminent", said the military spokesman of the rebellion Bani Omar Ahmed Benghazi in the east.

• Quiet on the front of Sirte, NATO continues its mission

The situation was calm on Tuesday morning on the front east of Sirte, Gaddafi's stronghold in central Libya. The rebels have increased by about ten kilometers and are line was about 40 km west of Ben Jawad beyond the hamlet of UMR Gandil.

Sirte Sunday has been caught between rebel forces, backed by NATO air strikes. The Atlantic alliance has reiterated its support Tuesday morning the insurgents, saying that his mission would continue "as long as the threat persists."

The CAC 40 is expected to open lower on the eleventh

August 8, 2011 - 9:32 am Comments Off

All weekend, they multiplied the meetings and news: the political leaders of industrialized countries have mobilized to show that they had taken stock of efforts to engage to address concerns about the state of their finances. What to try to reassure markets, worried after the announcement Friday after the close of a deterioration in the rating of sovereign debt of the United States by Standard & Poor's, but also disturbed by the difficulties faced by countries the euro area to implement the solutions to the crisis in Greece. With always in sight the risk of contagion of debt to other countries.

In the wake of the Asian stock markets, down sharply this morning, the benchmark index in Paris should begin his week on a further decline in the eleventh row. Unheard of since the creation of the CAC 40 index in 1987.At 8:15, the futures on the CAC 40 was down 2.18% to 3209 points. Elsewhere in Europe, the future of the Eurostoxx 50, Dax, German and English are the Footsie down 1.9% to 2.4%.

Of course, Angela Merkel and Nicolas Sarkozy reiterated yesterday their determination to ensure that the bailout of Greece on 21 July be adopted before the end of September. They also praised the efforts of Spain and especially those of Italy, two weak links in the euro area at present. In addition, the European Central Bank (ECB) said it would implement "active" its buyback program obligations. However, this measure made and announced last week by Jean-Claude Trichet, president of the institution, had absolutely convinced investors.On the contrary …

Next on the list?

Moreover, the decision of Standard & Poor's on the U.S. should continue to haunt the minds of the markets, despite a weekend to "digest" the news. Now that the world's largest economy, long considered one of the most reliable borrowers, is not as well marked, which could consider itself safe from degradation? In France, this concern should be limited, however, the chief economist for Europe, Standard & Poor's Jean-Michel Six, who said Saturday that the agency maintained the "AAA" of France, in a stable outlook.

Before testing the first effects on the markets of this political mobilization, the announcement of the ECB on repurchase of bonds has already led to support the euro against the dollar saving account pay day loan.At 7 o'clock this morning, the euro was worth 1.4321 dollars, against 1.4281 dollars on Friday night, after the dollar rose to 1.4370 on Sunday night. But above all concerns macroeconomic benefit to gold, which recorded a new record Monday on the market in Hong Kong, dying for the first time the maximum 1700 dollars an ounce, and benefiting fully from his safe haven status.

The sharp drop in oil

Instead, the side of the oil, oil prices continued to tumble on Monday. Result of numerous concerns about a possible global recession, prices show a sharp decline.In morning trading in Asia, a barrel of "light sweet crude" lost 2.59 dollars to 84.29 dollars, while that of Brent North Sea crude for September delivery fell by 2.48 dollars to 106.89 dollars.

Finally, the political mobilization should remain in force throughout the day, and guide the trend in European markets as U.S.. For the side of the macroeconomic data, the news will remain poor n this first day of the week. Unlike last week, no statistics across the Atlantic will not give further details Monday about the health of the U.S. economy or the risk of a possible recession in the country. In France alone are expected to 8:30 business surveys from INSEE in the industry and market services for the month of July.

As for values ​​to follow, business publications are scarce this week.

Archos.The manufacturer of tablet detail its annual accounts after the market closes.

Carmat. The heart specialist articificiel total announced Sunday evening the success of its capital increase launched from July 13 to 29. The former subsidiary of EADS has raised 29.3 million euros, which will fund the first clinical trials on humans.

GDF Suez. The group of energy and services has sealed, according to Les Echos, a strategic Partenaris with the Chinese sovereign wealth fund CIC, which would lead to an acquisition of a 30% interest in the exploration and production arm of French.

The CAC 40 is expected to rebound sharply

August 4, 2011 - 6:08 pm Comments Off

And if the Paris Stock Exchange on Thursday ended its eight consecutive sessions of decline that have lost more than 10%? The rebound on Wall Street Wednesday night and Tokyo this morning – although the latter is mainly due to the weakening of the yen against the dollar and the euro – seem to bode well for the Cac 40.According to analysts' estimates, could open the Cac 40 up 1.2%.

On Wednesday, the Cac 40 dropped 1.93% to 3454.94 points, after the yield spreads between bonds to ten years Spanish and Italian have widened compared to German bonds.

Financial markets, however, could play the card of caution pending the meeting of the Board of Governors of the European Central Bank (13.45), which is expected to announce its continued interest rate to 1.50% but especially before the publication of weekly claims for unemployment benefits in the United States (1430), on the eve of the official figures on Friday.

On the corporate side, two companies released this morning:

Veolia Environnement, which warned last Friday that it would not achieve its goals for this year, released on Thursday a net loss of 67.2 million euros in the first half, weighed down by exceptional asset write-downs 800 million euros.The world leader in environmental services will focus its activities "in less than 40 countries in 2013 against 77 today."

However, Axa reported first half net profit more than quadrupled to 3.99 billion ers (324%), driven by gains on sale and very little affected by provisions related to the support plan to Greece.

Vinci said Wednesday QDVC, its joint venture with Qatari fund, won a contract for 374 million euros for a metro project for a new town being built in Qatar.

Vilmorin has confirmed its margin target of 2010-2011 by announcing an increase of 12.1% of its turnover for the year, thanks to the vegetable business, along with the acquisition of assets and maize seed and sorghum Brasmilho of Brazilian society.

Hermès responded Wednesday to the Association of Defence of Minority Shareholders (Adam), who asked why the luxury group spent so much money to buy back its own shares. "Share repurchases are intended to cover the programs free shares to employees," said a spokeswoman for Hermes.

Cegedim dropped its goal of increasing revenue for 2011 but remains confident in its ability to generate an EBIT close in absolute value, that of 2010. The group also announced Wednesday for the second quarter of 2011, a consolidated turnover of 247.1 million euros (+1.6% as reported and 0.1% organic).

Dexia and Natixis will publish their second quarter results after market close.

Direct Energy buys Poweo

July 27, 2011 - 3:36 am Comments Off

After months of discussions, the two alternative operators in France, Energy, Direct Energy and Poweo, will join forces. The first will announce Wednesday morning the acquisition of 46% stake in the Austrian Verbund in the second. The transaction, which amounts to 36 million euros – at a rate of 4.77 euros per share – allows Direct Energy to become the shareholder of Poweo, the company founded and headed by Charles Beigbeder long. The UK fund Ecofin has for its part, 26%, against 9.5% for the investment company Luxempart and 18.5% for the float.

"This is the first step in the formation of a major independent challenger of EDF and GDF Suez, which already book a million customers in the gas and electricity," said Xavier Caitucoli, CEO of Direct Energy.The portfolio of the company amounted to 650,000 customers specifically, while some 350,000 claims in Poweo.

Xavier Caitucoli, there is no question of seeing this combination in the ultimate act of resistance of both companies in a market ultradominé by incumbents. "Instead, we are here to stay. The new law on the organization of the electricity market, adopted recently, gives us more visibility on our margins and gives the end user the opportunity to go freely in the competition and return to regulated rates if desired ".

Baroin replaces Christine Lagarde at Bercy

June 30, 2011 - 3:28 am Comments Off

As announced in Le Figaro on Wednesday morning, it is Baroin which eventually succeeded in Christine Lagarde Minister of Economy. Valérie Pécresse was appointed to the Department of Budget and is also the holder parolat government. Bruno Le Maire remained in agriculture.

The combination has changed from what was planned Tuesday night after a political blackmail fully assumed by Baroin. The latter has resigned in the balance when he knew that the decision to appoint Bruno Mayor for Economic Affairs was in the process of being confirmed.

The Minister of Agriculture was preferred by Xavier Musca, the secretary general of the Elysee, but also that of Alain Juppe, which saw Nicolas Sarkozy about it this weekend. But it is ultimately a more logical policy that took her.The other entrants were the centrist UMP Marc-Philippe Daubresse for Research, Francois Sauvadet, the chairman of the New Centre in the National Assembly, which would become Secretary of State for Planning.

Other changes of this redesign, Laurent Wauquiez retrieves the portfolio Valérie Pécresse and became Minister of Higher Education and Research. He leaves European Affairs Jean Leonetti. The centrist Francois Sauvadet becomes him, Minister of Public Service while Thierry Mariani became Minister for Transport. Finally, David Douillet became Secretary of State of French nationals abroad (see the complete list of nominations of the new government).

"The president gives in to every whim"

This new combination of government will leave its mark in the quadrants of the majority.The mayor was outraged to find that enough of a nervous breakdown of his former friend Baroin to patterns established by the head of state to be thrown to the basket. Tuesday evening, he suddenly refused the ministry's budget that he proposed in François Fillon consolation prize, saying he had "no special skills to make on the job," says a close associate of Minister of Agriculture.

As for Baroin, he was forced Tuesday to discover his true ambition: to enter at all costs in the round of presidential candidates. This calculation has not escaped François Fillon, who sees as his advantage by supporting the budget minister, he knows he drives a wedge between two lifelong friends: Jean-Francois Cope and Baroin.One thing is certain in any case: the dinners of the quadrants, which gathered around the ambitious Cope from the right will be an opportunity to explain some friends or former friends. "It seems that the president gives in to every whim," says one familiar from the Elysee.

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Fillon is considering taxing businesses that pay too bosses

June 19, 2011 - 1:00 pm Comments Off

Overtax businesses too generous with their leaders. The idea was launched by Prime Minister Francois Fillon in an interview published Saturday in Nice Matin: "With the government, I think about a device that is to overtax the companies issuing exorbitant fees." François Fillon and takes position on an issue that divides the majority.

The head of government is responding to the proposal of Xavier Bertrand, Minister of Labour and Employment, to "tax" or "frame" the "extravagant salaries." It lampooned in an interview published Thursday by Les Echos code of conduct drawn up on the subject of big salaries. "Write a code of conduct is good. The enforcement is better, "he said. Considering that some large companies did not comply with these principles, the Minister has threatened to legislate on the issue.

Shocked by some earnings

In Nice Matin, François Fillon rejects such an approach in trying to punish companies through a tax rather than the bosses through a ceiling unsurpassable. If it says "shocked" by some remuneration of senior executives, the Prime Minister "not [believe] not the regulation of wages for some totally disconnected from economic reality of the business and wage negotiations." However, he called the companies to regulate themselves. If they do not, the government will make decisions, he added.

François Fillon's statement takes an idea Baroin. The services of the Minister of Budget are working on the issue from the perspective of the tax reform of heritage to be considered in the fall paydayloans. Baroin said he wants "an exceptional contribution on income, not an outstanding contribution."The advanced solution: drain on companies making non-deductible from corporate tax wages too high.

The salaries of officers of the CAC 40 rose 19% in 2010 compared to 2011 according to a study of the expansion. Their average salary was 4.2 million. And increases do not always correspond to performance industrial markets.

No revaluation of the minimum wage

François Fillon said in the same interview in Nice morning that there would be no boost given to the minimum wage at its next revaluation. "Today, it would be an economic mistake. This will overwrite the hierarchy of wages and would drive up labor costs and thus unemployment, "he justified.

François Fillon has argued that "before 2000, the labor cost of products manufactured in France was on average 15% cheaper than in Germany."However, "since the 35 hours, this advantage was lost in some sectors such as agriculture and services, we are overtaking Germany," he said.

According to the Ministry of Labour and Employment, the next automatic adjustment of minimum wage-price inflation when the achieved 2% since the previous revaluation, "could take place" in August.

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The war began in savings

May 2, 2011 - 7:32 am Comments Off

"Frankly, I am interested in your money": this clash of the BNP did not last long in the 1970 No bank would dare today to show his frontispiece, yet it has never been so relevant. Whether at the counter or on the home pages of online banks, retailers are currently struggling to raise cash from businesses and some 200 billion saved every year by French households. All opportunities are good. A mortgage? Some lenders offer more attractive rates if the borrower is guaranteed to leave a cushion of deposits.