World News – International Headlines, Stories

Despite the rebound in Asian stock markets Wednesday morning and the revival of U.S. consumer confidence on Tuesday, the Paris financial markets should remain febrile for the first day of September. Futures rose 0.59% to 3506 points, about 8.20am. The CAC 40 closed Tuesday August on a small increase of 0.11% to 3490.79 points. Throughout the month, the index in Paris lost more than 7%.

Vivendi raised its forecast

The set of interim results continued. Meanwhile Wendel and Altran particular, Vivendi raised its forecast for this year, after posting a 6.1% increase in sales to 13.9 billion euros and 6.6% of net income to a 26 billion euros.

Wendela investment company registered in the first half net profit of 124.5 million euros against a loss of 959 million for the same period of 2009.

Tuesday after-hours trade, Bouygues has issued a revenue down 1% in the first half and slightly raised its full-year sales (30.4 billion euros against 30.1 billion euros previously planned) .

Vinci reported interim results exceeded expectations. Its net profit was up 1.9% to 703 million euros and sales rose 2.3% to 15.5 billion euros, thanks to improved traffic conditions and benefits the acquisition of Cegelec.

Finally, Eiffage confirmed its forecast of sales for 2010 thanks to the growth of its backlog and achieved a 40% jump in net profit group share semi-annual 70 million euros payday advances .The operating profit has however declined by 2.6% to 412 million, within the scope of the downturn in work due to a climate of increased competition.

The investors also will keep an eye on Sanofi-Aventis. In the showdown, which contrasted with Genzyme, the CEO of biotech company judge, in an interview with Reuters, the high probability of finding an agreement on an offer from Sanofi on American group. However, he reiterated that Genzyme will not accept the proposed price of 69 dollars per share.According to sources close to the U.S. group will not negotiate at least $ 75.

PMI manufacturing program

On the macroeconomic front, the meeting will be especially marked by the publication of the manufacturing PMI in France (8.45am), Europe (11:00) and USA (16 hours), and the ADP survey which will give a first overview the situation on the labor market in the U.S. before the official data on Friday.

Other important indicators: the numbers of the car market in August in France (12:00). In July, new car registrations fell by 12.9% compared to last year, and 15.4% for the only French brands.

Burst in full interim results conference's media group Lagardere. The upscale women's weekly group, Be, merged with rival Envy, edited by Marie Claire group. The information was soon confirmed by the two groups. The announcement should be made official Friday morning after a conference call with two editors. "The proposed merger of two weekly was presented yesterday to the works of two groups, we stated Thursday night from a reliable source.

This approximation Express is surprising. It is the newest upscale women's magazines, Be was launched with great fanfare and publicity to great fanfare last March 19 by Lagardère Active. Positioned as a "new global media brand" (based on a website, TV and radio), Be was unable to stabilize its sales.After a promising start when the title flirts with 230,000 copies sold (OJD, dissemination France paid) Be seen its circulation fall to 171,397 copies in late June Disappointing sales, however, have nothing catastrophic, especially as Lagardère Active has entrusted to bet on a "target distribution of 160,000 copies.

The day before the first anniversary of Grazia

For its part, Envy wipes the same side. Its circulation is over 240,000 copies in February, when launched, but quickly runs out of steam until barely exceed 160,000 copies (OJD) in June … For the group Marie Claire, this result is particularly disappointing . The group had much hesitation and refine its launch for many months before jumping into the water.To minimize risks, the group had even appealed last year to Jean-Paul Lubot, the designer of Closer magazine, the origin of this new segment of the fashion magazine combining fashion and celebrity news.

Today, the merger has any marriage of convenience between two groups who know each other well. Lagardère owns 42% stake in Marie Claire, a group whose participation chaired Arnaud Lagardere wants precisely to separate. Competitors as vendors release, Lagardere Active and Marie Claire have, it seems, have even more incentive to join together to confront the supremacy, particularly in terms of advertising revenue, the third competitor in this sector, weekly Grazia published by Mondadori France sells 179,704 copies (OJD). Irony of the calendar, Lagardere Active and Marie Claire agreed to before the first anniversary of Grazia.

The complaints are increasing in the case Bettencourt. A shareholder of L'Oreal, the group of Liliane Bettencourt, filed a complaint against the photographer François-Marie Banier, close to the billionaire, saying that he had received a contract of convenience from 4 million euros from the company , said Tuesday RTL.

A complaint against X for abuse of corporate assets has been filed with the request, a shareholder of L'Oreal by Frederik-Karel Canoy Me, a lawyer specializing in the defense of such shareholders harmed by embezzlement.

Mayor Francis Banier won in 2002 "contract of 405,000 euros per year for 10 years, which plans to pay the photographer for" fashion tips and artistic sensibility "and a major exhibition of works by year the person, said the radio."It was a bounty, a favor" and "it is estimated that this contract has been only partially fulfilled" by the close of Liliane Bettencourt, Mr. Canoy said. He added: Francois-Marie Banier "would not have known Ms. Bettencourt, he would not have benefited from this contract."

"Life insurance contracts, checks, Master paintings"

Francois-Marie Banier is convenient for several years by Liliane Bettencourt, met in 1969. According to the photographer and the millionaire, complicity during the course sits on a convergence of temperaments cash advance no fax. But after the daughter of a rich heiress, Françoise Bettencourt Meyers, which has itself filed a complaint against the photographer for "abuse of weakness" financial interests are at stake

Françoise Bettencourt Meyers estimates that the photographer of the stars would have been back almost one billion euros in donations – including life insurance contracts, checks, master paintings – in the 1990s and 2000s, taking advantage of the psychological fragility of the octogenarian. A thesis denied by the person, which ensures that these gifts were made to him by a "brilliant woman and free."

The photographer should be tried in this case in early July by the 15th Criminal Chamber of the Court of Nanterre.But his trial has been postponed indefinitely because of the twists arising from the disclosure of conversations between plays Liliane Bettencourt and her family.

ALSO READ:

"The multiple investigations into the matter Woerth-Bettencourt

"SPECIAL CASE – Minutes Bettencourt, a family affair

"The generous donations of Liliane Bettencourt

"CHRONOLOGY – Bettencourt family of the battle in political affairs

Wednesday again, the Asian financial radiant, carried by strong quarterly results from Alcoa and Intel. On Thursday, the return to reality is brutal. Red dominates the markets and doubts about economic recovery back. The reason: the pessimistic talk from Ben Bernanke, Fed chairman, who has already pulled down Wall Street.

The surprise drop in retail sales across the Atlantic (-0.5%) is the straw that broke the camel's Fed. The Fed is lowering its outlook for the world's largest economy to a range between 3% and 3.5%, while three months ago, it was a growth of 3.2% to 3 7%. New measures could even be taken to support the economy.

Japan sees a brighter future

A Tokyo Stock Exchange reacts badly to these ads.In mid-session, the Nikkei lost 0.95% to 9702 points, while the Topix loose 1.45% to 858 points. The more positive about the central bank (BOJ) in the archipelago thus pass almost unnoticed. This morning, though the latter has announced that she saw again significantly increased its growth forecast for the current fiscal year from April 2010 to March 2011, to 2.6% from 1.8% previously estimated. "An improvement is expected due to the increased growth of emerging countries," the BoJ said. This upward revision is due to the government, which in June raised its forecast for growth, also at 2.6%, against 1.4% in its previous estimate.

The BoJ has, however, slightly lowered its growth forecast for 2011-2012 to 1.9% against 2% previously expected free online credit report.Because of deflation, the monetary policy committee has also decided unanimously to leave its rate unchanged at 0.10%.

Slower Growth in China

On the stock markets of Hong Kong and Shanghai, investors are pessimistic. The key indices of the two financial centers are losing 0.28% (20.503points) and 0.36% (2461 points).

In addition to the Fed, the markets saw a dim announcing a slowdown in the national economy in the second quarter. China's GDP has been increasing by 10.3% yoy, against 11.9% at the end of the first quarter. Economists expect at least a growth of 10.5%. In the first half, the economy grew by 11.1%.

Side indicators, the index of consumer prices rose 2.9% in June over a year.Industrial production grew 17.6% yoy in the first half, while investment in fixed capital rose 25.5% year on year.

Oil mast

With China and Japan in the red, the other financial centers are also doubts the move. In Australia, the S & P lost 0.57% in India, Sensex 0.05% loose. Only the Korean Kosdaq climbed 0.69%.

Crude prices were also down on Thursday morning trade in Asia. A barrel of light sweet crude for August delivery lost 14 cents to 76.90 dollars a barrel, while Brent North Sea due to identical, yielding 53 cents to 76.24 dollars.

The success is well meet up for the latest Apple products, the iPad. The company announced the Apple had sold more than 3 million copies of his tablet. And less than three months after its launch. In good shape Thursday, June 24 launch of the iPhone 4.

Apple has delayed for one month out of its touch pad internationally because of the huge demand in the United States, which had exceeded its expectations. Next month the tablet, which combines the functionality of a mini-computer, a player and a media player must land in nine additional countries (Austria, Belgium, Hong Kong, Ireland, Luxembourg, Mexico, Netherlands, New Zealand and Singapore).

News that support the Apple stock offering. Quoted on the Nasdaq, Apple still wins the title more than 1.36% to 273.85 dollars, close to its highest of 275.97 dollars.But analysts see the stock price well above its record close reached last Friday in payday loans with no fax. For the more optimistic, and like the popular analysts at Deutsche Bank, the price of Apple stock could still earn $ 100, $ 375.

44 million iPhones sold in 2010 4

Last week, Apple and the U.S. operator AT & T, which has exclusivity on the iPhone in the U.S. have had to suspend the process of pre-orders, their system is clogged by the enormous demand, and Apple CEO Steve Jobs had to apologize.

The new multifunctional phone, especially with a high definition screen, a feature allowing telephone conversations and video editing software video, has landed Thursday in U.S. stores.Some analysts believe the iPhone will sell 4 million copies to 44 this year, 55 million units next year.

"Jouyet: the UK has taken a risk Sunday

One week test market

"Speculation: France will investigate

The name of his new baby is revealed. ExonHit, which raised 15.6 million euros fons last December, had then told him that this money would be used to buy a company in the field of Diagnotic. On Tuesday, the French biotechnology company announces that this is American and her name Redpath Integrated Pathology Inc..

Headquartered in Pittsburgh, Pennsylvania, Redpath has a technology platform based on the DNA that provides information for an individual diagnosis and clinical treatment decision tailored to each patient.

A purchase of $ 32 million

For this first acquisition since its inception in 1997, ExonHit will spend more than $ 32 million, or 24 million euros.The payment will be distributed to 12.5 million dollars in cash (EUR 9.4 million), 10 million shares (7.5 million euros) at the close of the transaction, and from 2012, Redpath's current shareholders will receive up to $ 9.5 million (7.1 million euros) in the form of milestone payments related to the achievement of sales targets.

The acquisition, subject to approval by shareholders of ExonHit, should be completed by mid-July 2010. The company has e equally on the drug market of neurodegenerative diseases and the diagnosis of cancer.

Best Diagnotic Cancer

The analytical tool of Redpath improves diagnostic accuracy in difficult cases where cancer or precancerous conditions can be characterized by conventional pathological examination, explains ExonHit.

The company, which will be part of ExonHit operations in the U.S., markets a molecular diagnostic test for cancer of the pancreas. A second test able to distinguish primary tumors from metastases is being launched.

The company's portfolio also includes two tests in the final stages of development and several programs in early development in the field of oncology.

ALSO READ:

BioM?rieux anticipates a growth of 7% in 2010

"ExonHit raises funds for future acquisitions

As he finished 2009 with growth of 6% while it had begun with a fall of 14.5% in the first quarter, Turkey began a spectacular end to the crisis that has been entered in the recession a year ago. For 2010, the IMF puts growth in Turkish head of those emerging countries.

It has these good results and promising of these forecasts, the Turkish prime minister's visit to France, boast of the advantages of its economy. Over two hundred French entrepreneurs must meet Recep Tayyip Erdogan Medef Wednesday afternoon.

France is the second largest foreign investor in Turkey, with 593 million euros invested in 2009, while Renault has traditionally absorbs about a quarter. All the major French companies now rely on the potential of the 17th world economy.Leroy Merlin opened last week its first store in Bursa, a city in the West, Alcatel has opened a research and development center in Istanbul in March, Accor already has eight hotels and Axa is the first insurance company .

The weak link of the French presence remains that of SMEs. Only 40% of the 325 French companies are SMEs, disability compared to the Germans or Italians. However, "intensive trade between the chambers of commerce and regional partnerships are being put in place," says Raphael Esposito, director of the French Chamber of Commerce in Turkey payday loan online.The environment sector looks particularly promising: the investment required for compliance with European standards is estimated at 70 billion euros in the next decade.

GDF ranks in Istanbul

Last year, bilateral trade totaled nearly 10 billion euros – the goal is to reach 15 billion euros in 2012 – and France became the 6th supplier of Turkey and its second largest client. "The sales volume has risen despite the crisis, welcomed a Turkish businessman T?siad member of the influential business association. Tensions are benefits and political tensions between the two countries save us. " In 2006, a bill to criminalize denial of Armenian genocide triggered a boycott of hexagonal Turkey.Paris's opposition to its entry into the European Union is still felt in the public tenders. Gaz de France is in line for the privatization of gas distribution network of Istanbul. But it is the Koreans who have signed a preliminary agreement in March to build the first nuclear power plant in Turkey.

Finally, the Franco-Turkish partnership in third countries represent a new avenue of cooperation. The French can benefit from the settlement of Turks in the Middle East and Central Asia and the Turks take advantage of the French presence in North Africa.

What a pleasant surprise! In March, the barometer of the moral frameworks (- 26) has won eight points from February, regaining its 2005 level. "This result is exceptional in scope and that ends the period of depression began in the fall of 2008, is a bundle of factors, both macro and micro," said Francois Miquet-Marty, president of ViaVoice.

Last month, the number of unemployed has increased by "only" 0.1% and the Prime Minister said that the unemployment curve "should be reversed" this year.

In this context, the pessimism fades frames. They are more than 23% against 28% a month earlier, suggests that the number of unemployed would "increase significantly" in the coming months. It's the same for the outlook for living standards. The frames provide a breakdown is no longer the majority (45% against 51% in February).

Occupational mobility

Moreover, two important indicators, as forming part of life, experiencing a frank improvement. Thus, 25% of executives (+ 7 points) believe that opportunities to advance their careers in the coming months "will be important" and 18% (+5 points) than their financial situation "will improve".

Regional elections have also played a role in improving the morale of white-collar. "Their result has reassured the French left's ability to register their camp in a dynamic of conquest of power and those on the right on the determination of the President of the Republic to maintain focus and to pursue reforms, with the exception of the carbon tax, "said Francois Miquet-Marty. Asked about the place and role of higher education, executives claim, massively, more money for it.Eight out of ten consider, in fact, that France "does not invest enough" in this teaching.

On effectiveness, their opinion is also positive. Seven in ten "confidence" in higher education to deliver a broad general education and a narrow majority (52%), they also make it "trust" to prepare young people for the job.

ALSO READ:

"The executives happy at work

The comeback of frames

"Moral frameworks: the acclaimed Model EDF

After hesitating, the CAC 40 fell in early afternoon after falling from the perspective of the debt of Spain. The flagship index of the Paris Stock Exchange closed down 0.74% at 3757 points, erasing some of its losses in the wake of Wall Street, which came in the green for a surprise cut stocks U.S. crude oil.

After degradation, yesterday, by the Fitch rating of the debt of Greece, the rating agency Standard and Poor's said Wednesday it lowered the outlook for Spain to "negative" cons "stable "Now his notes from" AA + ". S & P expects "GDP growth significantly lower fiscal deficits and persistent" for Spain.For 2010, the Spanish government expects the public deficit represented 8.1% of GDP.

The sharp downward revision of Japan's growth in the third quarter (+1.2% to +0.3%) also urges caution.

In the United States, the U.S. Treasury announced the extension until October 2010 bailout of banks (TARP), a budget line of $ 700 billion, passed in October 2008, which was also used to bail out the auto industry .

Summary of values

On the Cac 40, only five values are displayed in green. Unibail rose 0.99%, 0.30% EDF, Bouygues of 0.18%, Air Liquide of 0.10% and Suez Environment of 0.03%.EDF announced on Wednesday that it will participate in a tender for the construction of several nuclear reactors in Abu Dhabi, via a consortium with GDF Suez (+0.55%) which held the reins.

Alcatel-Lucent, Lagardere, Vallourec and Peugeot yield more than 2%. Axa closes walking and cowardly 3.98%. The meeting is also painful for ADP, down 3%. In a statement released Wednesday, ADP has lowered its performance outlook for 2010, now expecting to achieve an EBITDA of between 850 and 880 million euros, while the previously anticipated between 900 and 960 million .

EADS yields 1.02%. According to Les Echos, the group may be removed from the Galileo project for the benefit of HBO. This has indeed been selected for a first batch of 8 satellites in the 22 remaining building. For other lots, the European group will agree to make sacrifices.

Areva lost 4.44%.Its president, Yves Martin, will be at 11.30, a hearing on the international strategy of the nuclear group to the Foreign Affairs Committee of the National Assembly.

Mercialys fell by 2.73%. The group will enjoy the next change of SBF. The company created by casino will integrate the SBF 120 index after the close of the meeting of December 18.

Derichebourg gaining 3%. The group noted, under the 2008-2009 fiscal year with a current operating loss of 5.4 million. The second half ended September 30, earnings reached 25.2 million for a turnover down 43% to 2.4 billion euros.

Compagnie des Alpes (-0.66%) said Wednesday it had acquired 90% of the company operating the ski resort of Les Deux Alpes.46 million euros have been disbursed for this operation, conducted by a consortium of Compagnie des Alpes has 60%, Caisse des Depots 19%, the Banque Populaire des Alpes 12.6%, and Caisse d'Epargne Rh?ne Alpes 8.4%.