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	<title>Business &#38; financial news headlines &#187; internet</title>
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		<title>Regulation: &quot;Do not prevent the banks to finance the economy&quot;</title>
		<link>http://cw-white-gallery.com/regulation-do-not-prevent-the-banks-to-finance-the-economy/</link>
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		<pubDate>Sat, 04 Sep 2010 05:08:13 +0000</pubDate>
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		<description><![CDATA[
 ALSO READ: 
 &#34;BNP: 1.2 M € added value for management 
 &#34;France is financing two thirds of its foreign debt 
 &#34;The euro area after Greece, the battle continues 
 &#34;BNP Paribas: the direction revives bonuses 
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<p> ALSO READ: </p>
<p> &quot;BNP: 1.2 M € added value for management </p>
<p> &quot;France is financing two thirds of its foreign debt </p>
<p> &quot;The euro area after Greece, the battle continues </p>
<p> &quot;BNP Paribas: the direction revives bonuses </p>
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		<title>Technicolor sees the end of the tunnel</title>
		<link>http://cw-white-gallery.com/technicolor-sees-the-end-of-the-tunnel/</link>
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		<pubDate>Thu, 29 Jul 2010 15:16:06 +0000</pubDate>
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		<description><![CDATA[ After flirting with bankruptcy last year, the group Technicolor, resulting from the safeguard procedure in February, comes in green in the first half 2010, despite a further decline in sales. 
 The Group&#39;s net profit was 96 million euros in the first six months of the year, while last year it posted a loss [...]]]></description>
			<content:encoded><![CDATA[<p> After flirting with bankruptcy last year, the group Technicolor, resulting from the safeguard procedure in February, comes in green in the first half 2010, despite a further decline in sales. </p>
<p> The Group&#39;s net profit was 96 million euros in the first six months of the year, while last year it posted a loss of 325 million euros. A benefit to be attributed mainly to reduced losses in the activities of the group arrested or held for sale, valued at 117 million euros in the first half. The former television manufacturer has refocused indeed, during the backup process that will emerge from the ashes of Thomson on the services of content creators for film, television and advertising. In the first half, net income from continuing operations amounted to further 213 million euros.</p>
<p> New Stuff </p>
<p> The turnover of Technicolor however continued to decline from 18.5% a year, to 1468 billion euros. The decline was however lower in the second quarter, from 12.4% to 776 million euros, showing an improving trend. The CEO of Technicolor, Frederic Rose, has indeed found &quot;patterns of improvement and signs of recovery in most activities, and reaffirmed a target of growth of sales in the second half of 2010 <a href="http://no-fax-fast-cash-advance.com">no fax cash loans</a><!-- . -->. &quot;Our financial restructuring is now completed, we started to win the trust of our customers,&quot; he said. </p>
<p> Frederic Rose has given evidence for the conclusion of two contracts announced Thursday.Verizon has indeed signed a letter of intent for the provision of broadband residential gateways, while DirecTV has signed a contract extension for the supply of decoders. </p>
<p> Surrender of Grass Valley </p>
<p> The second half should also be more positive, with the sale of assets deemed non-strategic. The group had announced in early July the first major sale of its loss-making with the sale of Grass Valley, into three pieces. The first part has already been the subject of a transfer agreement with the U.S. private equity group Francisco Partners. For other assets, &quot;progress is expected before the end of the year,&quot; said Frederic Rose. </p>
<p> ALSO READ: </p>
<p> &quot;Technicolor completes debt restructuring </p>
<p> &quot;Technicolor ceded most of Grass Valley </p>
<p> &quot;Technicolor loss divided by six </p>
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		<title>Inflation remains stable in May</title>
		<link>http://cw-white-gallery.com/inflation-remains-stable-in-may/</link>
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		<pubDate>Fri, 11 Jun 2010 17:16:12 +0000</pubDate>
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		<description><![CDATA[ Inflation has remained virtually unchanged in May The price index rose 0.1%, after rising 0.3% in April, INSEE reported Friday. Over one year, the labels have increased 1.6%. 
 In May, the index was pushed up &#34;by the new rising energy prices and the seasonal increase in prices of fresh products and some services, [...]]]></description>
			<content:encoded><![CDATA[<p> Inflation has remained virtually unchanged in May The price index rose 0.1%, after rising 0.3% in April, INSEE reported Friday. Over one year, the labels have increased 1.6%. </p>
<p> In May, the index was pushed up &quot;by the new rising energy prices and the seasonal increase in prices of fresh products and some services, including insurance, says the National Institute of Statistics. In contrast, prices were dragged down by lower seasonal rates for heating and promotions on cars and telecom is INSEE <a href="http://instant-payday-loan-service.com">No teletrack payday loans</a><!-- . -->. In clothing, labels do not change, remaining stable on the month. </p>
<p> In detail, oil prices rose by 0.9% (+13.6% yoy), as a result of rising oil prices.In services, the insurance rates also appear to increase: 1.5% for the automotive (+7.6% YoY), 0.8% for health (+5.1% over one year) and +0.4% for residential (+4.2% YoY), details the INSEE. The food prices have also increased by 0.3%. </p>
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		<title>The idea of a law challenged in five years against shortfalls</title>
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		<pubDate>Thu, 03 Jun 2010 03:00:18 +0000</pubDate>
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		<description><![CDATA[ At the last conference on deficits, Nicolas Sarkozy has proposed to amend the Constitution so that at the beginning of each term government embarks on a path of reducing the public deficit. Specifically, the new executive would introduce a law framing current five years. And the statute imposes itself to the draft budget law [...]]]></description>
			<content:encoded><![CDATA[<p> At the last conference on deficits, Nicolas Sarkozy has proposed to amend the Constitution so that at the beginning of each term government embarks on a path of reducing the public deficit. Specifically, the new executive would introduce a law framing current five years. And the statute imposes itself to the draft budget law (PLF) and the draft law on financing of Social Security (PLFSS) annually. &quot;If the budget bill or PLFSS does not meet the defined path, they could be censured by the Constitutional Council,&quot; says one at Bercy. </p>
<p> Without repudiating the philosophy of the project, some members of the working group led by Michel Camdessus wish to amend it. They prefer to build a vehicle that already exists: the law of public finance program, including the second version is in preparation for the years 2011-2013.The Act defines a trajectory government deficit over three years and gives rules good governance, such as pledge new tax loopholes or tax cuts on savings elsewhere. Problem: the establishment, without consideration of the reduced VAT in restaurants has shown that the law had little weight. The idea would be to amend the Constitution so that the law needed to Multi PLF PLFSS and <a href="http://easy-quick-payday-loans.com">easy payday loans</a><!-- . -->. With, as in the government&#39;s plan, the Constitutional Council, acting as a lookout. The difference with the law of framing? &quot;The law multiannual runs over three years instead of five, which is more economically feasible.She speaks of actual deficits, while framing the law is based on structural balances, that is to say pensioners in the economy, which nobody understands, &quot;said Philippe Marini, UMP rapporteur of the budget in the Senate. </p>
<p> Skip the election cycle </p>
<p> Another advantage: the law is part of a multi-year regular who, in 2011, is linked with the stability program sent to Brussels. One way to reduce dependence of the electoral cycle. However, some members of the Committee Camdessus have a different vision. Gilles Carrez, UMP rapporteur of the budget to the Assembly, wants only the governance rules of law binding on other multi-texts: &quot;The deficits are too sensitive to economic trends. By cons, it must make mandatory rules of conduct. &quot;The members have three weeks to agree before issuing their report.The question is whether the government will agree to a reappraisal. </p>
<p> &quot;France wants to better manage its expenditure </p>
<p> &quot;Deficits: France wants to copy </p>
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		<title>The Asian market, all sail</title>
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		<pubDate>Thu, 01 Apr 2010 05:21:10 +0000</pubDate>
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		<description><![CDATA[ The key index in Japan climbed this morning from 1% to 11,200 points while circles around 6:45 am, covered not only by large manufacturers&#39; confidence nipon &#8211; Tankan index &#8211; rose for the fourth straight month in March (his highest level in 18 months), and the warm welcome to the new-comer on the Tokyo [...]]]></description>
			<content:encoded><![CDATA[<p> The key index in Japan climbed this morning from 1% to 11,200 points while circles around 6:45 am, covered not only by large manufacturers&#39; confidence nipon &#8211; Tankan index &#8211; rose for the fourth straight month in March (his highest level in 18 months), and the warm welcome to the new-comer on the Tokyo Stock Exchange: Dai-Ichi. </p>
<p> The Action Group Life Insurance, Dai-Ichi Life surged 14.29% from its initial price Thursday in Tokyo on his first day of trading, a short meeting for the title, because the size exceptional operation.This IPO is the operation most of the world for two years. </p>
<p> The Nikkei 225 wins on Thursday and a record not achieved since October 2, 2008, two years ago. </p>
<p> Green throughout the area </p>
<p> Elsewhere in the Asia-Pacific green is also honored, including the Hang Seng in Hong Kong, which amounted to 21,439 points (0.94%), the S &amp; P / ASX Australian rises from 0, 29%, 4 <a href="http://instant-payday-loan-service.com">payday loan no faxing</a><!-- . -->.889 points, while the trade deficit widened to 1.92 billion Australian dollars (AUD) in February. </p>
<p> The Singapore Straits Times broke the 2900 points to 2921 points exactly, an increase of 1.2%. </p>
<p> In Shanghai, even optimism, with a CSI 300 Index which accounts for 1.1% to 3382 points.Bank of China will invest up to 6 billion yuan (about 650 million euros) in the company in charge of the draft high-speed line between Beijing and Shanghai. </p>
<p> Thus, the destruction of jobs in the U.S. private sector, which ended a series of five consecutive sessions of gains on Wall Street Wednesday, have not impacted the Asian stock markets on Thursday. </p>
<p> In morning trading, a barrel of light sweet crude for May delivery yielded 43 cents to 83.33 U.S. dollars while Brent North Sea due to the same, losing 39 cents to 82.31 dollars. </p>
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		<title>Franco-German agreement on aid to Greece</title>
		<link>http://cw-white-gallery.com/franco-german-agreement-on-aid-to-greece/</link>
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		<pubDate>Thu, 25 Mar 2010 17:45:38 +0000</pubDate>
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		<description><![CDATA[ Last-minute agreement. The France and Germany were finally heard, just before the opening of the Council of Heads of State and Government in Brussels on financial aid to Greece. This text opens the way for a Council decision. 
 The agreement provided a budget of 22 billion euros &#34;as a last resort,&#34; said Berlin, [...]]]></description>
			<content:encoded><![CDATA[<p> Last-minute agreement. The France and Germany were finally heard, just before the opening of the Council of Heads of State and Government in Brussels on financial aid to Greece. This text opens the way for a Council decision. </p>
<p> The agreement provided a budget of 22 billion euros &quot;as a last resort,&quot; said Berlin, who blocked until Thursday morning discussions. Clearly, the assistance will be released in case of inability to Athens normally finance markets. </p>
<p> The Elysee said the text calls for &quot;a European framework consists of coordinated bilateral loans which Member States would have to contribute&quot;, the International Monetary Fund (IMF) financing through additional loans.Supplement &quot;substantial,&quot; said his side the German government source <a href="http://guaranted-unsecured-personal-loans.com">cheapest personal loan rates</a> <!-- . -->. </p>
<p> Meeting face-to-head between Nicolas Sarkozy and Angela Merkel on Thursday afternoon, &quot;has been productive,&quot; according to the French presidency. &quot;It has reached agreement on a text of a page and a half, which describes very precisely the conditions under which countries in the euro area might have to intervene.&quot; </p>
<p> The text must still be submitted to the President of the European Union, Belgium&#39;s Herman Van Rompuy. He will return, said the Elysee, &quot;choose the time at which it will distribute the text to other members of the Euro so they can study it, before or after dinner of European leaders. </p>
<p> ALSO READ: </p>
<p> &quot;SPECIAL &#8211; Greece, a challenge for Europe </p>
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		<title>&quot;The tender is for Boeing&quot;</title>
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		<pubDate>Wed, 10 Mar 2010 15:14:43 +0000</pubDate>
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		<description><![CDATA[ Le Figaro. &#8211; Northrop and EADS waive answer the call for bids for the tanker to the U.S. military &#8230; 
 WELSH Louis. &#8211; We are not going as this tender is clearly in favor of the Boeing B767. The specifications are intended for a smaller aircraft than the Airbus A 330 without taking [...]]]></description>
			<content:encoded><![CDATA[<p> Le Figaro. &#8211; Northrop and EADS waive answer the call for bids for the tanker to the U.S. military &#8230; </p>
<p> WELSH Louis. &#8211; We are not going as this tender is clearly in favor of the Boeing B767. The specifications are intended for a smaller aircraft than the Airbus A 330 without taking into account the superior capabilities of the latter. I regret, because we have the best aircraft, which has won every competition in the world, including Britain and Australia, against Boeing. It was useless to file an appeal. I&#39;m not sure the American taxpayer will be a bargain for the U.S. military, it has a plane less modern, less capable than Great Britain, Australia, Saudi Arabia or United Arab Emirates. </p>
<p> You build a factory in Alabama? </p>
<p> The site of Mobile in Alabama would assemble the tankers.Therefore, this assembly project in the southern United States is no longer valid. This decision does not affect our overall interest to the U.S. market. We have to develop. </p>
<p> In what trades do you develop in the United States? </p>
<p> For now, we look rather acquisitions of medium size, including the United States, but not exclusively. As for trades beyond the defense, we bear a special interest in services and security. But everything is a matter of expediency. </p>
<p> The euro-dollar is she always so critical? </p>
<p> Of course! And the euro at 1.35 dollar remains strong. I remember I started Power 8 in 2007 to address just one dollar to 1.35. This is not because we went from 1.50 to 1.35 as the dollar problem is solved! EADS had 9.8 billion euros at end December 2009.</p>
<p> What will you do with that war chest? </p>
<p> The Net Cash position is considerable, but we will in the next four years, reaching a peak of investment on the A 350. We must maintain a sufficient level. It is essential to maintain the trust of our customers, who pay installments four to five years before delivery of their machines. The cash position is also an important component of our rating. It is therefore a priority for us to protect it. Airbus beats records of shipments, but profitability is average. </p>
<p> The economic crisis is still there.Are you planning to launch a new savings plan? </p>
<p> In 2009, our accounts are strongly marked by the provisions on the A 380 and above on the A 400M (1.8 billion euros) and by currency effects, whose overall impact is negative in 2009 2.5 billion euros compared to 2008! Apart from these &quot;special items&quot; Our operational performance is satisfactory. End of 2009, we completed a year ahead of the expected savings under Power 8, or 2.1 billion euros. Power 8 + begins now and will run until 2012. To date, I have no plans identified new savings plan, but I do not want to tie my hands and we must be able to react to changes in our environment <a href="http://cash-advance-nofax.com">guaranteed approval cash loans</a> <!-- .-&gt;. </p>
<p> How do you see 2010? </p>
<p> I remain cautious, but we now have better visibility and greater confidence in the robustness of our backlog. We send a strong signal by deciding to increase the production rate of A 320. They spend 34 to 36 per month from the end of 2010. </p>
<p> In which areas should Europe launch major projects? </p>
<p> We need a common vision that inspired the creation of Airbus and Ariane. Europe can raise it again this ambition? I am sure nothing better mobilize European public opinion that such programs, which embody the best that Europe all treaties and speeches. The subjects are not lacking. Of course, aerospace, defense and space: EADS was created to be the partner of such programs, but also in major projects in energy and environment.European countries face similar challenges. Why did they not meet together? It would be good for European industry. </p>
<p> How do you plan to revive the industry Nicolas Sarkozy? </p>
<p> I am grateful to the president to deliver the industry on the front of the stage. There is no strong, stable, independent, not industry, and the loss of industrial substance of our country is a major concern. I also agree with the diagnosis of the president on the loss of substance. It reached France more than Germany or Italy, but it actually concerns all of Europe. This calls for a clear industrial policy and European French.It is to reassess all policies: education, taxation and social security, hours of work on life skills, competition, money, support research and innovation, etc.. With the objective of strengthening the competitiveness industry. Such a policy must be based on a social dynamic for everyone to be involved. </p>
<p> Some of the decisions announced by the head of state will they have an impact on EADS and Airbus? </p>
<p> Here are two examples where the impact is direct. The first concerns the priority given to sectors and relations outsourcers / contractors: it is a major issue for us, which we are already working with our supplier. EADS buys each year for more than 10 billion euros in France. We signed a few weeks ago the charter of the subcontract.Second example: the national loan will support the technological developments needed for future generations of aircraft, helicopters or space launch. </p>
<p> ALSO READ: </p>
<p> &quot;The A400M has sealed the results in 2009 EADS </p>
<p> &quot;Supply Pentagon: Boeing only shortlisted </p>
<p> &quot;A400M: A new contract signed before the summer </p>
<p> A plan to support French industry </p>
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