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U.S. operators could choose to pocket a share of the gains made last week by caution before a salvo of indicators in the coming days. But it was not including the announcement on Tuesday launched by Cisco Systems for a new ultra-powerful router, which mulitiple twelve Internet capabilities.

At the close, the Dow Jones, Nasdaq 100 and S & P 500 climbed 0.11%, respectively, to 10,564 points, from 0.36% to 2341 points and 0.17% to 1,140 points. Cisco's announcement boosted the Nasdaq, which connects the tenth consecutive increase.

There is exactly one year, March 9, 2009, the major stock indexes have hit a "low point". Since the S & P 500 has started the largest rally in history. In one year, the U.S. index has increased by almost 70%!

The next U.S. statistics are expected tomorrow with the traditional weekly report on unemployment.Weekly Market in the United States, will then be placed under the sign consumer. The two major economic indicators this week, published Friday, will be the sales details for the month of February and the preliminary estimate of consumer confidence.

Oil prices retreated Tuesday in New York, a barrel of reference giving 38 cents to 81.49 dollars, penalized by the strengthening of the dollar.

Cisco will revolutionize Internet

The values listed, Cisco Systems (the balance at the close at 26.13 dollars) today announced a new bid to speed internet connections bad credit payday advance .Analysts said the group could announce as Google, investments in new broadband network.

In the wake of this news, AT & T, a major customer of Cisco rose 1.15% to 25.57 dollars, and Apple rose 1.8% to 223.02 dollars.

Also in the technology sector, the U.S. manufacturer of electronic components, Texas Instruments (2.27% to 24.13 dollars) has revised upward its earnings forecast for the first quarter.

AIG has flown Boeing format

AIG. The shares jumped 13% in session amid optimism (+11.9% at closing): investors reacting to efforts by the insurer to sell its assets and repay billions of dollars to the state shareholders to 80%. The group published a series of announcement that it will bring back some 25 billion dollars in cash in his accounts.

Same with Citigroup, which soared 7.58% to 3.83 dollars. Fannie Mae and Freddie Mac have also grown strongly, respectively 10 and 11% during the session.

After the withdrawal of EADS and its U.S. partner Northrop's tanker contract to the Pentagon, whose first installment is only valued at 35 billion dollars, Boeing remains alone lice.Les Boeing shares advanced 0.82 % to 67.79 dollars and Northrop Grumman declined him, from 0.25% to $ 64.

UAL shares have appreciated by 3.6% (18,16 dollars) after announcing profits in February increased by 17% in one year.

Operation siphoning. Emirates, Etihad and Qatar Airways increasing flights to Europe. Their goal? Bringing their clients to their hubs in Dubai, Abu Dhabi and Doha, before sending them to distant destinations, more and more numerous.

Emirates has increased its frequency this year in Nice and open lines on Amsterdam, Madrid and Prague, Qatar Airways has launched Barcelona and has strengthened Paris, Athens and Madrid; Ethiad has multiplied its rotations on Dublin, Frankfurt and Athens.

Meanwhile, 12 new international destinations outside Europe appeared in the list of three companies of the Gulf, including Tokyo, Seoul, Melbourne, Goa and Bangalore.To go to Japan, a client of Lufthansa or Air France has a choice between going through Paris or Frankfurt and transit through Dubai or Abu Dhabi.

In this battle, Gulf companies have strong points to make: their hubs have the best possible geographical position between the U.S. and Asia, and have unit costs of staff 50% lower than those of Air France, Lufthansa and British Airways. "They also have a very good product recognizes a part of an EU airline. They all have strengths to further participate in industry growth than we are. "

Orders for Airbus A380 should also provide them with an armada of large aircraft instant payday loan .While Air France and Lufthansa 27 total orders for the new jumbo Airbus, the three companies in the Gulf will eventually 72.

Competitors very annoying

The subject is considered sensitive by European airlines. It has even been mentioned before Tuesday elected staff at the surveillance committee of the CCE Air France. Lufthansa said that its offer seat on intercontinental flights the group should grow by 4% from 2009 to 2012, against 12% for companies in the Gulf.

These competitors are now considered more annoying than low-costs addressing some profitable lines. This time, it is a battle between European airports to those in the Gulf."For now, we have a better mesh of Europe they, believes the framework of an EU airline, but they are very difficult to prevent, where they arrive."

This competition, hitherto confined to flights to Asia and the United States extends to Africa, far backyard of Air France and Lufthansa. Emirates already offers 16 destinations in Africa, 7 Etihad and Qatar Airways 13. "Gulf companies are even more threatening than their owners are not obsessed with profitability, said a European competitor. They invest a lot and are a showcase for the UAE. "

Finance ministers and central bankers of the G7 (U.S., Canada, Japan, Germany, France, Italy, United Kingdom) are found on Friday and Saturday in northern Canada (see below). As Barack Obama lashed out Wednesday at the undervaluation of the yuan, "matters relating to the Chinese currency (are) in all minds," said Treasury Secretary Tim Geithner, suggesting that the subject would be treated by the G7.

Officially there is indeed no agenda, and contrary to tradition will be no statement issued after the meeting. "We want to rediscover the" spirit of Rambouillet "historic first G7 in 1975, and have a" chat by the fireside "freer," says one does in Paris.

There is also evidence that the G7 keeps all its usefulness, although the creation of the G20 seems to have finally stole the palm as an instance of global economic governance. The G7 countries are convinced that they have specific interests in common, as explained by a European central banker. "Our currencies are the only ones to be truly flexible, and also we can not forget that our economies have pushed capitalism to the brink!" Quipped the great European treasury.

Debt relief in Haiti

The G7 countries recognize the need to reorganize their respective banking systems, which – and alone! – Were behind the financial crisis of 2008.Mario Draghi, participate in debates with his two hats as governor of the Bank of Italy and Director of the Financial Stability Board, the international body created by the G20 to coordinate international regulation of all financial institutions, and not Only banks.

As for currencies, it is true that the G7 currencies are virtually alone, with few exceptions including the Swiss franc, which float freely, for better or for worse. The remarks made Wednesday by Barack Obama against the yuan, strangely overlapping language of Nicolas Sarkozy vis-à-vis the dollar. "The price of currencies and their accuracy is one of the challenges we face on the international level to ensure that the prices of our products are not artificially inflated and those of their equally artificially lowered," said U.S. President.

Even if the G7 should lead to no decision, according to a spokesman for the German Finance Ministry, announcements could be made regarding Haiti. The U.S. Treasury first raised the issue of debt relief for Haiti. Dominique Strauss-Kahn, the IMF managing director and Robert Zoellick, President of the World Bank participate in the Canadian meeting.

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The British bride is more beautiful. British Airways, which should finalize during 2010 his marriage with Iberia, said Friday it had halved its operating loss in the third quarter.

"We still expect to lose money records this year," warned Willie Walsh, its director general. Due to a disastrous start to the year, the company has doubled its losses in the first nine months of its fiscal year. But saving measures taken upon entry into the crisis begins to pay. They have reduced operating costs by 10.5%.

To achieve this, the company has taken most of its competitors' revenues low costs. Starting with one of the keys to their model: a homogeneous fleet of aircraft, which reduces maintenance costs.On its base from London Gatwick, British Airways is gradually increased to a single type of aircraft (Boeing 777) for its long-haul flights and two models (Airbus A 320 and A 319) for its medium-haul flights.

All departments of the company have also made efforts. British Airways has cut staffing in its ground staff. A voluntary separation scheme and the non-renewal of retirements have to spend the staff of the London Heathrow Airport from 7 000 to 6 000 employees.

The operation of the hub has been completely redesigned. The development of online registration and training for staff to become versatile allowed both increase productivity and improve the punctuality of aircraft easy payday loans .

Last summer, finally, employees of support functions had to take leave without pay."Everyone had made efforts, but the sailors, summarizes a part of British Airways. We decided to make some changes so authoritarian. "

"Ability to react quickly"

Since the fall, steps have been taken to reduce the rest stops and to enhance the productivity of crews. The rest in Los Angeles after a flight from London for example is increased from two to one night.

A voluntary retirement plan was established to 1 000 cabin crew. 3 000 sailors have agreed to move to part time. This change has saved the equivalent of 700 employees at the company. British Airways has also offered its pilots a pay cut 6 to 7% against shares. This will allow the company to achieve 300 million pounds of savings this year."These reforms demonstrate our ability to react quickly, welcomes a part of the company. Our competitors have thought that we overreact. "

These drastic measures have however led social movements. The crew of the company and to vote February 22 on organizing a strike to oppose these measures, calling the union Unite.

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During the worst crisis in the global economy since 1929, electronic commerce has continued to grow. The turnover posted by online merchants reached 25 billion euros, up 26% in one year. Growth continues at a speed so rampant: the activity has increased tenfold since 2002. Electronic commerce now weighs just over 4% of retail sales (excluding food and pharmaceuticals) business cards . And projections are optimistic, according to the Federation of e-commerce and distance selling (Fevad), who presented the results Tuesday, the amount could reach 46 billion by 2012. The increase in 2009 was fueled in particular the creation of 17,000 new commercial sites, two every hour!

This is a first. Boeing has unveiled Tuesday on the economic impact of its partnership with the French manufacturers. And it is quite significant. In 2008, Boeing had charged for 4 billion worth of contracts to subcontractors lights, representing 9.6% of turnover in the sector. Of this total, 2.8 billion from direct contracts with manufacturers and the balance through the airlines at the head of Boeing fleet. The activity generated by the aircraft manufacturer in France had led to the creation of 23,000 jobs, 11,500 of which direct the total end of 2008.

Statistics mixed and disappointing in November in the United States. Consumer spending rose for the second consecutive month, gaining 0.5% on month, after rising 0.6% in October, according to statistics published Wednesday by the Commerce Department.

Although most economists expecting the continuation of consumption suggests an acceleration of growth on the end of the year, confirming the rebound of 2.2% in the third quarter.

The increase in consumption was accompanied, in November, the fifth consecutive increase in household income at 0.4%. Although this is the largest increase in this indicator since May, it remains below expectations (+0.5%).

Despite this more favorable context, the real estate market continued its descent into hell, touching its lowest level since April.Sales of new homes have plummeted 11.3% in November to 355,000 units annually. A very unpleasant surprise to economists, who expected 440,000 sales. To make matters worse, the figures for October were revised downward, to 400,000 units against 430,000 previously estimated.

The ISP has been created by the government in late 2008. It is owned 49% state and 51% by Caisse des Depots et Consignations. With 20 billion euros of capital, announced its objective is to develop French firms in terms of growth and competitiveness. On this point, some investments are discussed. Its scope is as follows: enter capital firms involved as a minority without trying to take control. Then accompany the medium-long term while seeking profitability to finally get out as soon as the financial health of society will be improved and that its shareholders have been reconstructed. In a year of existence, it became a capital of 14 companies, and promised to take stakes in four other companies.The sequence of dates for achieving such equity.

February 25, 2009:

The ISP has acquired a stake in Valeo to 24 million euros which provides 11% stake in the automotive supplier. He becomes the second largest shareholder.

April 14, 2009:

He completes his entry to the capital of the aerospace supplier Daher up to 65 million euros. Daher, Socata has taken over at Airbus has launched the construction of a new plant in Nantes for the manufacture of advanced aircraft structures.

April 28, 2009:

The FSI between capital Farinia Group, a leading French processing of metals, up to 20 million euros.

02 May 2009:

Between the capital of the company to Led Lite, specializing in the field of lighting based on high brightness LED for 2 million euros.

June 26, 2009:

The ISP releases 10 million euros for the company 3S Photonics, an SME in Ile-de-France is a leading global electronic components for telecommunications networks.

1st June 2009:

He pays 160 million euros to the U.S. TPG Capital to buy him 8% of the French specialist in smart cards, Gemalto.At present, this remains the biggest investment made by the ISP.

July 6, 2009:

It acquires 5% stake in Nexans, the worldwide leader in the cable industry following the acquisition of shares in the market for 58 million euros.

July 20, 2009:

The brand toys Meccano announces fundraising of 4.4 million including 2.2 from the ISP via CDC companies.

July 22, 2009:

Frey News Energy, a company generating electricity from renewable energy sources, announced a fundraising of 15 million euros, of which 7 million euros from the ISP.

09 September 2009:

The ISP has crossed the threshold of 5% stake in Technip following the stock market for 90 million euros.

1st October 2009:

The fund participates in the capital increase Forenap group, specializes in pharmaceutical research in neuroscience, to the tune of 6 million euros.

06 October 2009:

He participated in the recent capital increase of Groupe Carbone Lorraine to now hold more than 5% by injecting 10 million euros.

October 22, 2009:

The ISP is investing 7.5 million euros in Dailymotion, one of the leading sites for sharing videos.

November 18, 2009:

It provides 25 million euros in biotech company NicOx, and thus takes possession of 5.1% of its capital.

In the coming weeks:

The fund will pay 10 million euros in Mecachrome as part of a recovery plan and 10 million euros over the proposed takeover of manufacturer and automotive supplier Heuliez.It will invest a maximum of 117 million euros in capital increase of Cegedim. The ISP will thus have a shareholding of approximately 15%. He is also preparing to inject 6 million euros in Avanquest Software, a French manufacturer of consumer software business and also as part of the capital increase planned for early 2010.

The ISP has also carried out a series of reinvestments in the amount of nearly 10 million euros to accelerate the development of companies of which he became a shareholder in the context of the contributions made by the Caisse des Depots et Consignations.

After a year in 2009 under the sign of restraint on wages, what does the year 2010? "The care and attention are always placed in businesses," said Fanny Potier-Koninckx, principal at Towers Perrin and responsible investigation "Outlook 2010 in terms of pay, which is published today.

The number of overtime-exempt expenses remained virtually unchanged in the third quarter 2009 compared to the previous one, according to latest statistics from the ACOSS, the federation Urssaf. It now stands at 166.8 million hours, equivalent to 300 000 more than the second quarter. On a year because of the crisis requires, however, it drops by 9.2% but with very strong variations by sector of activity.

In industry, traditionally strong consumer of overtime, and the decline exceeds 20% a year, particularly in the metals and fabricated metal products (- 30.6%).

The downturn is intensifying in the construction, it also adept overtime, since the decline reached 9.1% year, four points lower than the second quarter.

The decline was however more moderate in services, – 5.5% a year, mainly because of reduced degradation in the interim (- 30.3%, after – 47% in the second quarter).

Small firms resist

The amount of overtime was ultimately declined less in very small (- 0.2% in one year) than in large (-12.1%) companies "because of the very small proportion of which remained 39 hours, have a structural use of overtime ", says ACOSS in its statement.

The annual decline is also evident in all departments. To the north and east of the hexagon that the decline is greater (less than – 13%) while the Ile-de-France and most departments of the South experiencing moderate declines in the number overtime (between 0 and – 13%).

Only a few departments, Corsica and the Mediterranean (Languedoc-Roussillon, Gard, Var …) actually experience a slight increase of about 10%.

In total, nearly 40% of companies today continue to seek exemptions from overtime, the lowest rate recorded since the entry into force of the measure contained in legislation Tepa in summer 2007. The more companies are consuming less than 10 employees have benefited from 29.5% to 673.1 million euros granted in the third quarter. The larger the company, the less the volume of aid is therefore the more than 2 000 employees affecting only 8.6% of the total.