Users can rent the vehicle remotely, by phone, and it delivered to the address of their choice within three hours. "The prices are comparable to those found on the market, says a source at the automaker in Paris payday advance low fees. Just for the delivery or return home the vehicle, the service will cost 14 euros.

No need for subscription, understands the newspaper. Prices and rental period will vary widely.All types of Citroen vehicles will be offered, including the C-Zero electric car that is not yet commercialized.

A new website and an iPhone application should be launched in early 2011 to facilitate the leasing and add customized services such as insurance, download maps and other accessories.

Unsurprisingly, the study demonstrates the virtuous direction of the profession."Many banks have made significant and necessary changes in their payment system by adopting policies and practices in line with those advocated by the G20," said Josef Ackermann, the institute's chairman and CEO of Deutsche Bank, the first German bank.

Supporting Evidence: On the sensitive issue of deferred compensation – and therefore conditioned to sustainable profitability, which is one of the most effective, as the G20, to empower market participants – banks surveyed show their progress. In one year, the deferred bonus share has doubled to 39% of the total. The payment of these bonuses is not delayed a few months but three years or more in 85% of cases. Over two thirds of these variable compensation being paid in shares or securities linked. Bonuses are guaranteed over the wind in its sails.And the few new recruits who still get this behalf should be satisfied with a one year warranty.

Failure of British tax

"Governance has also changed significantly, says Bruno de Saint-Florent, a partner at Oliver Wyman. In 2009, the frequency of meetings has increased by 50% compared to 2008. The involvement of teams of risk in these compensation process has become even less systematically, this year (98% of banks). A year earlier, they would intervene only in 46% of cases. "

The IIR judge this too brief consideration of the concept of risk in awarding fees. The institute recommends a longer-term and more refined, along the lines of business. Experts also point out that banks are still too timid in their information.Less than half of respondents have ventured this year to disclose the amount of bonuses distributed.

Despite these criticisms, the realization of the IIR is very encouraging, but the optimism of the institute does not yet unanimously. One of the main architects of the reforms of finance, the former British Minister Alistair Darling, told this week that the British tax on the bonus had no effect on the industry. This 50% tax on bonuses exceeding 25,000 pounds, expired in April. Fatalist, Darling believes that the bankers are in any way "too imaginative not to find all sorts of ways to not pay." The behavior of Credit Suisse agrees with him. The bank, which had decreased its bonuses in 2009, has just overtaken the tax expired, distributing exceptional bonuses.

"See the study [pdf]

"See the summary of the study [pdf]

This reform is reasonable, fair, progressive and effective. It has three main points: a new age of retirement, taking into account the hardship for the first time in France, and a reconciliation between the public and private sectors. Increase to 62 the legal age of retirement is to hold an age of reason, drawing conclusions from the fact that we live longer. Simply increasing the contribution period was rather unreasonable: we should bring to 47 the contribution period to balance the system. By raising the bar to 62 years in 2018, we will remove the pension deficit at that date and until 2020.Afterwards he will talk again, this is normal.

Amendments will be tabled during the parliamentary debate to improve the consideration of the strain at work. What do they consist?

France is the first country to do so the link between pensions and arduous. In the current state of reform, an employee with a disability rating of 20% will retain the right to retire at age 60. I have long listened to the unions and specialists in this question. We need to look if you can better respond to situations of "arduous delayed effect ', that is to say, the case of employees who have had a very exhausting life, but are not medically verifiable when they are retiring. We are also looking at improving the prevention, because the first response to the hardship is to avoid being exposed.We must go further on this issue and improve the traceability of exposure to proven situations of difficulty. We are also considering the organization of occupational medicine for it plays a more important role in this field.

You're not afraid to create a new gas plant?

We will do everything to avoid it as too complex creates injustice. The common law, it will be 62 in 2018. Devices to keep the retirement age to 60 will be fair and operational. About 700,000 people retiring each year, 100,000 will retain the right to leave at 60 when our reform passed through the devices' hardship 'and' long careers.

Do you lower the threshold of 20% disability rate for the consideration of the hardship?

I think that this threshold is realistic.

And for polypensionnés, what do you do?

40% of employees who liquidate their retirement have contributed to several schemes. It is a question more complex than it seems. Some polypensionnés have interest to be because they have such validate more than four quarters per year. We are looking for greater consistency between pension plans, but we want to look at the issue from both sides: the losers of the current system, but also its winners.

When do you intend to publish these amendments?

Nothing is off but probably in the days following the opening of the debate at the meeting. Besides, by then I continue my consultations with Georges Tron.

Bernard Thibault began to worry that the debate on pensions is overshadowed by these cases. Do you see an attack against you?

No.I welcome the attitude of unions who have not howled with the wolves and do not participate in the hunt for the man I'm costs. Bernard Thibault do regret that the controversy overshadowed the debate on the merits of the reform. I think this results from the Socialist Party will do everything to avoid talking about a subject that divides them: the pensions.

Do you fear the mobilization of Sept. 7?

A significant reform, significant mobilization. But the French know that they live longer, it makes sense to share the extra time between work and retirement.

Are you afraid of being targeted by demonstrators on September 7?

That there are banners in my name or my image, I expect, since the opposition instrumentalist my name to caricature the debate on pensions.

Do you remain Minister of Labour after the pension reform or after the redesign?

I will do what the president wants me to do. But I feel very good in this department where I still have many projects to bear.

Which?

Once the pension law passed, we will undertake consultations on the reform of dependence. With Nora Berra we have made great progress on technical solutions but it is still too early to prejudge the financial terms of this reform. I intend, moreover, to resume with Nadine Morano the issue of inequality between men and women who did not sufficiently advanced, despite the many laws passed during the last fifteen years. I will also work on the topic of workplace violence. I have not forgotten the policy of the city.We need to support experiments in a pool of fifty jobs with Fadela Amara.

"Segolene Royal is poorly placed to give me a moral lesson"

Do you fear one day be referred to the Court of Justice of the Republic about the case Bettencourt?

I am very serene. I have nothing to reproach myself in this case, I am guilty of any conflict of interest and have already had occasion to explain in detail each of the charges which I have been .

Why then the Attorney General of the Court of Appeal considered there this solution?

I have not read that he was considering! He simply, if I understand correctly, responded to a letter which was sent. It examines the issues that are submitted before a decision is his role. I did not comment.However, I can only wonder at the letter sent by Corinne Lepage, who is a political process. I see that right now many are looking to be taking me as a scapegoat. But it's still a shame to receive lessons in morality from someone like her! What was her husband when she was Minister of the Environment? Do not he headed a law firm, specifically in the environment?

You speak of "stoning political" about you. Who are you targeting?

When I hear Ségolène Royal to denounce France 2 20 hours of the "billionaires of the UMP," I say we're living in delirium. The "billionaires UMP" as she says, have given a maximum of 7,500 euros, transparently, under control of the commission of the campaign accounts, in strict compliance with the rules of financing of political life.And at the same time, Ms. Royal is funded by Pierre Bergé. She was sentenced by the court for the conditions under which it has paid two former collaborators, is poorly placed to give me a moral lesson. I have nothing to reproach myself, and I am sure that the judicial process, whatever the judge, will prove it.

Aim to highlight you still not back so weakened that?

It seeks to weaken me! But I do not feel at all weakened. Throughout the summer there has been a little game of trying to prove so-called affairs on my municipal campaign, the sale of land at Compiegne … Every time, everything has deflated half a day. An accumulation of rumors and slander is not a truth. What sites are seeking to do business commercial on my back does not make me guilty.

Your absence from the meeting Brégançon around the head of state, last week, is it not a denial?

The meeting focused on fiscal deficits and budget preparation. I just remember that I am no longer Minister of Budget. Therefore my presence was not normal.

A new request for a hearing she will soon be presented to the Cabinet?

I have no idea. Again, all this, they are rumors spread by some newspapers or sites. I believe in freedom of the press, but I do not believe in freedom to slander.

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Sales of existing properties and have hit a 15-year low in July. The June sales have they been revised downward to 5.26 million units, against 5.37 previously.

These figures are certainly worse than expected catastrophic but are not a total surprise. They indeed correspond to the decision of the tax credit established by the Federal Government to support sales. "Citizens are very rationally rushed on the market before the expiry of the measure in May," says Laurence Yun, chief economist of the NAR."Since that date, signature of contracts of sale were far less numerous. Expect a break until late September. "Other economists expect a further slide in sales volumes until 2011.

Between $ 75 and $ 80

A silence that analysts interpret as the beginning of discussions between the two parties.And, according to The Wall Street Journal, these negotiations have started badly. While Sanofi encamp on his positions, namely an initial offer of 69 dollars per share, the leaders of Genzyme seller would not be below 80 dollars. "I do not see Sanofi pay more than $ 80. However, the shareholders present capital of Genzyme – Relational and Carl Icahn – will not accept offers of less than 75 dollars, "said Hervé Manign, specializing in mergers and acquisitions. If Sanofi-Aventis declined to specify the amount of the envelope before it, the analysts amounting around 20 billion euros. The group comes easily to renegotiate a credit line of $ 7 billion to 2015.

"Sanofi is not obliged to do this operation"

If both parties wish that the discussions continue, they must s'entendrent on the initial offer."Genzyme is a very tempting prey for Sanofi, because it would allow him to catch up on organic products, which have the advantage of being more difficult to generics, said Herve Mangin. But Sanofi is not obliged to do this. On the one hand, an acquisition too expensive tarnish the good investments made by Chris Viehbacher since his arrival at the head of the group. On the other hand, it would force the group to increase its capital, which would reduce the value of the transaction.

A month ago, Sanofi-Aventis published in the second quarter sales up 4.6% to 7.8 billion euros, but down 1.2% at constant exchange rates. Net income from operations rose 7.6% to 2.5 billion (+4.5% at constant exchange rates).If the activity is driven by emerging markets (+19.4% organic growth for the half year), sales in Europe and the United States will continue to decline with further loss of patents, but after 2013 the group remains confident with the launch of new products. Sanofi-Aventis development Jevtana particularly in the treatment of prostate cancer has just been approved in the United States, and iniparib (BS1201) in the treatment of breast cancer.

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Besides GDP, the U.S. will publish the index of consumer sentiment and Chicago PMI. In Europe, German retail sales and GDP of the area will also be published.

Moreover, this last week's meeting will again be marked by a series of major business publications.

Alcatel Lucent revenues of 3.813 billion euros in the second quarter, up 17.4% sequentially and down 2.4% from the second quarter of last year. The group reiterated its outlook for 2010, including an adjusted operating income of between 1% and 5% of its revenues.

JCDecaux announced Friday a net profit in the first half of 65 million euros compared to 4.4 million euros over the same period in 2009. The group anticipates a change in organic revenue for the third quarter less than that of the second with a cash flow of 119 million euros, compared with -1.7 million euros in the first half.

Lafarge reported a sales increase of 2% to 4.43 billion euros in the second quarter. The group now provides a variation of the demand for cement between -1 and +3% in 2010 compared to 2009.Lafarge expects a reduction in capital expenditure to less than 1 billion euros in 2011.

EDF has announced a net profit group share 1.7 billion euros including a provision for $ 1.1 billion on its North American operations easy payday loans. Moreover, the EPR Flamanville, who has two years late, should produce marketable electricity in 2014, with construction costs re-estimated at around five billion euros.

EADS announces first half net profit of 185 million euros and a turnover of 20.3 billion euros. Adjusted operating income is 406 million euros. Its subsidiary Airbus raised its target for gross orders in 2010 to more than 400 aircraft. For Eurocopter, the sales increase for 2010 should exceed 44 billion euros.The adjusted EBIT target is maintained at one billion euros despite negative currency effects that are cumulative outstanding in the first half.

Schneider Electric releases a turnover of 8.57 billion euros in the first half (+10.5%) of which 4.661 billion (+18.5%) in the second. The group expects an increase in organic revenue in the second half "broadly comparable" to that of the first half and is now an EBITA margin of around 15.5% before restructuring costs and the impact of consolidation of distribution areva , against 14% previously.

Renault posted a turnover increase of 23.1% for first half of 2010 to the same perimeter, to 19.668 billion euros.The manufacturer profitable again, the latter standing at 823 million euros over the period cons net loss of 2.712 billion euros a year earlier.

PPR announced a net profit after minority interests rose 86.8% to 407 million euros in the first half. The turnover was 8.139 billion euros, representing organic growth of 1.7%.

Imerys has reported a net operating income rose sharply to 122 million euros (161%) in the first half with a turnover of organic growth of 16%.

Michelin and Total must follow.

ArcelorMittal plans a third quarter slowed, with lower operating performance. The group on a table and a gross operating surplus (EBITDA) of between 2.1 and 2.5 billion dollars. ArcelorMittal explains that the period will be marked "by a combination of seasonal factors and the effects of economic slowdown in China." The goal of a 10% increase in global demand in 2010, described by the group earlier this year, now seems difficult to achieve.On the other hand, the group's factories, which have operated in the second quarter to 78% of capacity against 80% expected in late April, are expected to slow to about 70%.

Long awaited on the subject, ArcelorMittal also said: "For the second half of the year, the challenge will be to pass all cost increases to our customers."

More encouragingly, the world's largest steelmaker has managed to keep its goals in the second quarter. The steelmaker has unveiled an operating surplus in line with expectations at $ 3 billion after an increase of 150% compared to last year. The net continues, as expected, grow, and was 1.7 billion dollars against a loss of 792 million last year. "The improved second-quarter performance is consistent with our expectations and reflects the continuation of the slow and gradual recovery," said Officer.

An independent company for the stainless activities under study

Turnover was slightly below expectations at 21.65 billion dollars against 23.1 billion expected by the consensus of analysts.

Finally, ArcelorMittal said currently evaluating the possibility of creating a separate company (spin-off) of its stainless steel business. "We have confidence in the future of the stainless steel business and believe that creating a separate company will create further added value for all shareholders," said the group.

The deal also further secures the future capital of Ubisoft, uncertain after the departure of its main shareholder, the American Electronic Arts last week. With the sale of 15% held by the latter is the Guillemot family, which became the largest shareholder with a stake in Ubisoft to 11.3%.The FMS and the Guillemot brothers now control over 25% of voting rights.

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In contrast, Hong Kong, the trend is clearly down because the benchmark Hang Seng yield 1.38%. In Australia, the Sydney Stock Exchange ahead slightly (+0.1%).

The mining stocks rose

In Tokyo, the market is mainly guided by higher mining shares following the downward revision of tax on the profits of these companies decided by the Australian government. This has encouraged new JX Holdings Inc., an oil refiner and producer of copper jumped 3.5%.Inpex, oil explorer, rose 3.2%. Komatsu, the largest manufacturer of earthmoving Asia, gaining 1.5%.

In contrast, the values are auto oriented down significantly, especially for Honda (-1.89%) and Toyota (-2.27%), after the monthly statistics considered disappointing sales in the United States.

Evolution contrast to oil

On the oil market, crude prices were mixed in electronic trading. In morning trading, a barrel of light sweet crude for August delivery gained 18 cents to 73.13 dollars a barrel, while Brent North Sea for delivery in August, yielding six cents to 72.28 dollars. Oil prices fell Thursday in New York on a market worried that sent the barrel under $ 73.

Volatility remains high on the market

Investors remain nervous about the possibility that the slower recovery of the global economy becomes more pronounced. On Friday afternoon will be known monthly unemployment statistics in the United States before the opening of Wall Street. They could reflect a deterioration of the labor market for the first time since December, according to economists.

The indicators Thursday were accentuated anxieties of investors. The ISM index of activity in the manufacturing sector declined more than expected to 56.2%. On the front real estate, the promise of selling homes fell more than expected in May (-30%). In China also, the two indices of purchasing managers showed a slowdown in manufacturing activity in June