A new world record price for a camera was reached on Saturday with 2.16 million euros for a unit of the German brand Leica, dating from 1923. The sale, organized by the Galerie Westlicht, held in Vienna.
Only 25 prototypes of the pre-series were manufactured by Leica. Photo credits: LEONHARD FOEGER / REUTERS
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Candidates with strong personalities, verbal jousting, a dose of suspense, … presidential election, the highlight of French political life, provides a golden opportunity for brands to stand out for their creativity. For some of them, it is even the opportunity to make themselves known. Among them, the Paris Chocolate brand, created last year, did speak of her with boxes of chocolates bearing the image of candidates. Popilz society, which wants to start selling humorous figurines inspired by celebrities, moved, for his part, since its April 23 first characters in the image of Nicolas Sarkozy and Francois Hollande. MarionDem, young designer who launched last December the lingerie brand Panty Me, launched panties printed with the colors of the candidates. Best known and oldest brand Reunion sorry! commercialized a reversible shirt if we hesitate to support the UMP candidate or PS free instant credit score.
In these operations, profitability is not often visit. "We know that this is not a shirt to wear every day. We especially want to build brand awareness, "said Peter Marten, founder of the brand sorry! that focuses on products related to humorous news. Even at the risk a fine for infringement of image rights, as in 2008. At Popilz also, "the goal is not to make profits but to come forward and test the market," says Bastien Rochard, manager of the company. "The presidential election is the best time to create awareness around a brand. Citizens and the media only talk about it for a month. This is an opportunity to talk with humor. "
The figurine "Zarkface", inspired by Nicolas Sarkozy and sold by Popilz. DR
A thousand people attend the Insead MBA each year. The program comes in sixth position in the world rankings from the Financial Times, and is ranked 2nd among European MBA full time. There is no exception to the rule of international with over 80 different nationalities on its campuses in Fontainebleau and Singapore, none of which exceeds 10% of the workforce. Indispensable factor in the passport to success at world level, participants have the opportunity to study on three continents, in its schools and via exchanges with partner universities in America.
Over the years, MBA has developed many general elective courses – 70 to this day, to deepen the core courses. 5 years since the dimension of entrepreneurship has risen sharply among students. "80% choose at least one of the courses in the department and they are increasingly likely to start their own business," says Caroline Diarte Edwards, Director of Admissions, Marketing and Financial Aid.
In 20 years, the MBA has grown from a course on entrepreneurship at about twenty. "The students understand that a lifetime career in business is interesting, but if they want to express themselves and increase their earnings, it is better to be a shareholder, and in this case, create or buy a company is a excellent solution, "says Timothy Bovard, Professor of the program.
Priority scenarios
The highlight of course, the emphasis on the scenarios. "Our students have 3-6 years of professional experience, they come to test their ability to undertake, discover new opportunities. Beyond the academic part, their question is: what can I draw from my knowledge? "Says Timothy Bovard.
Some modules are the stars and a magnet for future graduates. The "bootcamps" (training camps) launched five years ago, were first paired in courses on business creation. The principle: in 48 hours, this is for a team of 2 to 3 people, to find an idea which will create a company and construct a business plan and develop arguments for presentation to real investors at the end of the weekend. The methodology has been applied to subjects on the buyout, technology deployment
.
Courses on the first 100 days as President of a company placed in groups of 4 persons in leadership positions. They live for 15 days recovery period, meet journalists, trade unionists, bankers, customers, etc.. "We can do more real by being outside the company," said Timothy Bovard. Co-creator of the module, it is preparing a course on the first 500 days in the world of startups.
Can we go further and break down the barriers of the classroom? The department has launched a web platform that allows participants to "buyout" to evaluate the companies that submit their MBA Alumni wishing to acquire a business.
In total at least two students make a bid for their MBA and 20 to 25 new businesses are created by graduates each year. Witness this former student who started a year after its release from Insead a drug discovery company today listed on the London Stock Exchange, or the graduate who took over in 1996 a small company in southern France. It releases more than 600 million euros in turnover and is called L'Occitane
.
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"I never agreed to turn in a series if it had not been open to international than that I propose today." Jean Reno, one of the biggest stars of the 49th edition of MIPTV, which runs until April 4 at Cannes, is entering the world became very select the TV series. It will be the key figure in the future production brought on a platter by Atlantic Productions (Lagardère Group) in TF1 and launches its first major international co-production.
In the purest tradition of French first commercial channel, "The Grand" is "an ambitious cop show" tour in English, created by Rene Balcer and (judicial NYPD, New York: Criminal Intent). "This is our first collaboration with Jean Reno in a series, says Laurent Storch, executive vice president of TF1, in charge of the cluster production. Its presence reinforces one of our convictions: building bridges between cinema and television. "
The actor, a great frequenter of blockbusters traveling, be sure seduced by the idea "of this series which is intended to be broadcast worldwide. I am sure that before long, she will even conquered the Asian market! "He smiles. Its role will be that of a Brigade commander whose criminal investigations take place in Paris. "The city is the second main character in the series," said one who promises to be "myself in this role. This is probably the one most like me today. This character is meant complex. This is not a single cop as I was able to interpret them so far. Jo has lived he has gray areas. It contains both the strength and humanity. "
International Strategy
TF1 has signed for an initial season, the amount for each of the eight episodes around 2 million no teletrack payday loan. The first French chain has agreed to buy the pre-set to the tune of 900,000 euros per episode. It should not be on air until 2013. The fact that it is filmed in English is clearly strategic. "For four years, we position ourselves in the international market because we are in a world increasingly fragmented between different modes of dissemination programs, be it traditional TV, VOD, or catch-up TV. We must be able to offer strong programs of international stature. Here at MIPTV, 98% of the proposed programs are shot in English, "said Takis Candilis, CEO of Atlantic Productions. The latter is also in Cannes to complete its financing from major global players in the audiovisual sector. Already, it has the input of the distributor SevenOne International, a subsidiary of Germany's ProSieben Sat1 and claims to be on the right voice to convince.
Admittedly, Takis Candilis arrives crowned with the success of the Borgias, co-financed by Canal +. A second season of the series written by Tom Fontana is also being prepared for a total of thirty million. What are the ranks of the largest international producers. TF1, we will however cautious about a second season: "We see the success of the first," says Sophie Leveaux, artistic director of acquisitions group. It must be said that the chain headed by Nonce Paolini also a development project of international series with Luc Besson, for now still in limbo. For his part, Jean Reno is not opposed to a sequel but it intends to hire "for a limited time" so as not to sacrifice his career in film.
"Market analysts estimate that the main candidates for future elections continue to show a clear commitment on public finances and reducing deficits. Investors still have confidence in our debt, "assured the FigaroPhilippe Mills, head of Agence France Trésor, the end of January. Debt, however this is a word we have heard since long in the mouth of the two favorites for the 2012 elections, Nicolas Sarkozy and Francois Hollande.
The gigantic figure announced Friday morning by INSEE – 1.7173 trillion euros, or 85.8% of GDP-has something to put the subject at the heart of the debate. And makes an urgent exercise of teaching on how to control deficits and debt, in a context where electoral promises are multiplying. The French in need, who have a concern, as investors continue to regard France as a country whose debt is reliable. And therefore, to lend to Paris to lower interest rate. For the record, this is partly because she did not see how the Hexagon was able to return to the nails of Maastricht that the rating agency Standard & Poor's had deprived him of his AAA mid-January free 3-in-1 credit report.
The right-wing candidate Nicolas Sarkozy promises "a financial closure to the nearest euro" of its program for the next five years if elected. He will detail next week. His rival from left, Francois Hollande, is vague on how to finance a project already well exposed. Just know that it is more by tax increases that cost savings that the Socialist candidate intends to restore order in the French public accounts.
For that stabilizes the debt, the deficit must be approaching 2% (against 5.2% in 2011). France does not expect that to happen before 2014. And to achieve this, efforts will be very important. It is therefore understandable that candidates avoid stress this enough sobering perspective …
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Alert at Total. The gas leak occurred Sunday afternoon on his Elgin gas field, 240 kilometers east of Aberdeen in Scotland is growing. Tuesday afternoon, the authorities decided to ban flights within 3 nautical miles (5.5 km) from the Elgin platform and navigation within 2 miles (3.7 km).
The latest information provided by a spokesman for Total in Aberdeen, the gas does not ignite. The 238 employees of the platform were evacuated by helicopter Monday, without being able to stop the leak. And for good reason, Elgin is nicknamed "the pit of hell" because of the pressure and temperature "extremes" in the words of the website of Total, prevailing in the gas tank, buried 5000 meters below seabed. Total According, the pressure is of the order of 1100 bars, the equivalent of one tonne concentrated on the surface of a fingernail. By comparison, the pressure in the well Deepwater Horizon, in the Gulf of Mexico, scene of the worst oil spill in U.S. in 2010 was 800 bars.
Two fireboats are on alert at the limit of two miles, ready to intervene. Tuesday afternoon, experts from Total does not always explain the reasons for flight. Among the possible operations is discussed drilling a relief well which would reduce the pressure of the leak in the original well. An intervention that would take six months, admits it at Total.
According to the spokesman of the French company in Aberdeen, 20 tons of gas may have leaked. Moreover, the condensate-oil-sprawled on Tuesday 4.8 km2. A plane with the dispersant on board was ready to take off. The company Shell has reduced its staff on its neighboring platforms and Noble Hans Deul Shearwater.
Total shares fall
At the Paris Bourse, the action of a number of CAC 40 lost 8% to 14.30. At Total, the oil slick from the Deepwater Horizon BP in 2010 is on everyone's mind. The company has launched a website dedicated to the incident.
According to Frederic Hauge of Bellona Norwegian environmental NGO that monitors the production of hydrocarbons in the North Sea, quoted by Reuters, "the staff has seen the sea boil. I am very concerned about the situation. It can only get worse. "
Francois Hollande, who recently announced he would tax 75% had incomes in excess of one million euros, backtracked, while the football world presage an exodus of players. "It would be the death of French football", "would cost a billion euros to French football", "we would lose all TV rights", "It would involve the demotion of the French Ligue 1 in the second division European", etc..
The Socialist candidate, himself a football fan, surely does not expect that its proposal a week ago, for a number of French "symbolic", announces the end of the French favorite sport no fax payday loan. He who was above all the big heads and leaders of countries including those whose salaries "have no connection with the talent, intelligence or effort." And which boasted a "patriotic act" that "agreeing to pay an additional tax to rehabilitate the country."
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After a week of rumors, the announcement is, this time, official: the General Motors made its entry into the capital of the French group PSA Peugeot Citroen, according to an official. GM takes and 7% stake in PSA, which carries a massive increase in capital of around one billion euros. GM is now the second largest shareholder of the French group behind the Peugeot family.
The alliance will focus on platforms and components and provides a joint venture in purchasing. The first vehicles from a common platform GM-PSA will be marketed from 2016. Expected synergies from the two manufacturers totaled $ 2 billion annually within five years.
This alliance gives rise to a powerful global industry leader with over 11 million vehicles sold per year worldwide.
First French carmaker, PSA is currently experiencing serious financial difficulties. Its net debt rose in 2011 from 1.2 billion to 3.4 billion euros. Leaded by Europe, sales of Peugeot and Citroen fell 1.5% last year while the global market progressed by 3%. The group announced last October a comprehensive plan of saving 800 million euros that could cause the elimination of 4,000 positions this year saving account pay day loan.
With his new partner, the Lion brand will achieve greater flexibility for financial resume investment as an upmarket in Europe and the creation of a new plant in India.
GM weighed down by its European subsidiary Opel
For his part, General Motors has certainly taken over in 2011 the title of world number one Automotive Japanese automaker Toyota. But the American could benefit from expertise of PSA to finally leave the red Opel, its European subsidiary. It announced in mid-February to have lost $ 747 million in 2011.
Peugeot confirmed Feb. 21 that he "consider [ed] the cooperation projects and alliances (…) as part of its globalization strategy and performance improvement." Without specifying with whom, but rumors already evoked release of GM. Last night, the Financial Markets Authority (AMF) had called PSA to communicate "as soon as possible" on the alliance, while multiplied rumors of a capital increase.
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While the Lorraine steel industry is fighting for its survival, the region is to take advantage of its central location in Europe to attract Chinese companies. Monday, the company TerraLorraine presented in Thionville (Moselle) his plan to create an area of 130 hectares on which Chinese companies will be moving.
"We target medium-sized Chinese businesses, with between 5,000 to 20,000 employees, says Régis Passerieux, president of TerraLorraine. This is to welcome their branches, subsidiaries or representative offices in Europe. "This project, located Illange, between Thionville and Metz, will take place in five phases over a period of ten years. The first is about 245,000 square meters. "The building permit has been issued, said Regis Passerieux. The construction will start in September or October for delivery late 2014 or early 2015. "
Attempt to Chateauroux
The project proponents expect the creation of 30,000 direct jobs in ten years, including 3000 for the first phase. "We have already received numerous Stay Tuned! From Chinese companies," commented President TerraLorraine.
This subsidiary of an investment fund specializing in real estate business, Comex Holdings, is investing € 150 million directly in the first phase, without aid.
"A business center value-added"
Lorraine is not the only region to show interest in China. At Chateauroux (Indre), a former NATO air base and is already in work to attract Chinese companies. Launched with great fanfare two years ago, this area, which would accommodate 4,000 jobs, slow to see the arrival of Chinese companies.
"We want to make a business center TerraLorraine value-added, not just a center for retailers," says Regis Passerieux. Voices are raised to point the risk of these locations: the Chinese would simply assembled on site products made in China. They would get the precious label "Made in France". "It is better to be active rather than undergo massive imports", however, defends Passerieux Regis.
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"The King of good times," the king of good times, has become "The King of bad times," joked Monday the Indian press, referring to Vijay Mallya, the baron of Indian beer and whiskey. This is the slogan of an unfailing optimism that the flamboyant businessman was created in 2005, Kingfisher Airlines. The company is based in Bangalore, in southern India, which is native Vijay Mallya.
Today, Kingfisher through an unprecedented financial crisis. A nightmare, even for users. Saturday, the company has canceled 32 flights on the 240 it is supposed to operate daily. Same, or almost, Sunday and Monday. And the situation is not likely to improve, analysts believe.
Last week, Kingfisher announced a loss of $ 88 million in the third quarter of its fiscal year, almost double the deficit in the previous quarter.
Earlier last year, the airline was forced to restructure its debt, and 25% of its capital is now 18 banks, led by National Bank State Bank of India (SBI). It refuses to bail Kingfisher as its CEO will not bring new money. Experts believe that to break the deadlock, Vijay Mallya is to find faster 400 to $ 500 million of capital.
Monday, Branch of Indian Civil Aviation (DGCA) has summoned officials of Kingfisher Airlines to demand an explanation of these untimely cancellations. "We received information on a large scale cancellations. They are obliged to inform us when they cut their flight plans. But they have not done, "said K. E. Bharat Bhushan, the head of the DGCA.
Unpaid wages
Passengers expressed their anger on social networks, including complaining of having been warned of flight cancellations at the last minute. A habit which Kingfisher has no exclusivity. State-owned Air India does not hesitate, it no longer, to bring its customers with a fait accompli
.
Saturday, some employees walked out of Kingfisher, furious at not having received their salaries. The flight cancellations were even worse. Mallya sent an email to all staff. A message in which he expressed his "regret" and said "understand the implications of these back wages privacy" of its employees and said it would not close his company. Kingfisher is mostly losing all credibility with its most loyal customers. A vicious circle from which the company may not get out.
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