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	<title>Daily International Headlines &#187; opinions</title>
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		<title>Citroën will become car rental company</title>
		<link>http://pfagallery.com/citroen-will-become-car-rental-company/</link>
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		<pubDate>Tue, 07 Sep 2010 09:43:47 +0000</pubDate>
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		<description><![CDATA[ Citroen launches into his rental car, according to information published Tuesday in Le Parisien, Aujourd&#39;hui en France. The automaker plans to launch this new service from September 20, first time in Paris, Bordeaux, Marseille and Lyon before extending the scheme to other cities. 
 Users can rent the vehicle remotely, by phone, and it [...]]]></description>
			<content:encoded><![CDATA[<p> Citroen launches into his rental car, according to information published Tuesday in Le Parisien, Aujourd&#39;hui en France. The automaker plans to launch this new service from September 20, first time in Paris, Bordeaux, Marseille and Lyon before extending the scheme to other cities. </p>
<p> Users can rent the vehicle remotely, by phone, and it delivered to the address of their choice within three hours. &quot;The prices are comparable to those found on the market, says a source at the automaker in Paris <a href="http://payday-4all.com">payday advance low fees</a>. Just for the delivery or return home the vehicle, the service will cost 14 euros. </p>
<p> 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. </p>
<p> 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. </p>
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		<title>The return of stock market battles</title>
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		<pubDate>Sun, 22 Aug 2010 16:45:10 +0000</pubDate>
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		<description><![CDATA[ Click on the thumbnail to enlarge the graphics. 
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			<content:encoded><![CDATA[<p> Click on the thumbnail to enlarge the graphics. </p></p>
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		<title>Prudence the NYSE</title>
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		<pubDate>Mon, 26 Jul 2010 23:19:06 +0000</pubDate>
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		<description><![CDATA[ The U.S. stock market should be reluctant to take on the leadership on Monday. The index futures are predicting a slight decline in opening of U.S. markets. The index futures Standard &#38; Poor&#39;s 500 and Nasdaq 100 fell back in effect respectively by 0.13% to 1099.50 points from 0.04% to 1873.10 points. 
 On [...]]]></description>
			<content:encoded><![CDATA[<p> The U.S. stock market should be reluctant to take on the leadership on Monday. The index futures are predicting a slight decline in opening of U.S. markets. The index futures Standard &amp; Poor&#39;s 500 and Nasdaq 100 fell back in effect respectively by 0.13% to 1099.50 points from 0.04% to 1873.10 points. </p>
<p> On Friday, the NYSE has ended sharply higher, buoyed by another round of quarterly results from U.S. companies of good quality and were reassured on the results of resistance testing in European banks. The Dow Jones gained 0.99% and the Nasdaq 1.05%. On the whole last week, the Dow Jones gained 3.23% and the Nasdaq rose 4.15%. </p>
<p> On the foreign exchange market, the euro steadied against the dollar. In the morning, it was worth 1.2901 dollars against 1.2906 dollars on Friday. </p>
<p> A busy week on the macroeconomic level.Today investors expect the sales figures for new housing. Another highlight, the U.S. central bank should publish its Beige Book Wednesday on the economic conditions. It will be very guarded while the president of the institution, Ben Bernanke said Wednesday before Congress the slow recovery, with no announcement of new funding in the economy. </p>
<p> On Tuesday, it is the Standard &amp; Poor&#39;s / Case Schiller home prices and consumer confidence, which will be followed, before investors only look the next day on orders of durable goods. But it was the day Friday with the first estimate of gross domestic product (GDP) U.S. second quarter to be expected this week.This new burst of publications should be followed especially when investors are questioning the strength of new U.S. economic recovery <a href="http://pay-day-loans-i.com">No fax pay day loans</a><!-- . -->. </p>
<p> U.S. companies are still likely to take stock in their accounts this week, including the program six companies forming part of Dow Jones. Tomorrow investors expect such figures CIT and Lockheed Martin and those sitting in the middle of DuPont. </p>
<p> To follow today the title of BP traded on Wall Street. The British press refers to a departure from the CEO of BP, before tomorrow, the date of publication of interim results of the oil giant. </p>
<p> Always on the side of values, General Electric said Friday its increased dividend of 20%, the quarterly dividend from 10 cents to 12 cents.GE also announced a resumption of its share repurchase programs. He had stopped this practice in September 2008. The board gave its approval for an additional $ 11.6 billion. &quot;GE hopes to finish the year with $ 25 billion in cash, including proceeds from the sale of a majority stake in its subsidiary NBC Universal to Comcast&quot; say the analysts at Aurel BGC. Some of this money will be used to buy three billion dollars in preferred shares that the group has sold to the holding company Berkshire Hathaway of Warren Buffett in October 2008. </p>
<p> Also note Friday night, the FDIC, the federal agency whose primary responsibility is to guarantee bank deposits, announced the bankruptcy of six new American banks, bringing to 102 the number of closing establishments since the beginning of year.These six failures will cost about 394 million dollars to its compensation fund the FDIC. </p>
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		<title>Axa in negotiations in the UK</title>
		<link>http://pfagallery.com/axa-in-negotiations-in-the-uk/</link>
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		<pubDate>Sun, 13 Jun 2010 22:03:08 +0000</pubDate>
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		<description><![CDATA[ It is not yet signed, but it seems on track. Axa is at least in advanced negotiations to sell much of its life insurance business in the UK group Resolution, amounting to about 2.8 billion pounds or 3.5 billion Euro. The French group would retain, in addition to activities damage, life insurance and individual [...]]]></description>
			<content:encoded><![CDATA[<p> It is not yet signed, but it seems on track. Axa is at least in advanced negotiations to sell much of its life insurance business in the UK group Resolution, amounting to about 2.8 billion pounds or 3.5 billion Euro. The French group would retain, in addition to activities damage, life insurance and individual savings. But it would divest activities dubbed &quot;with profits&quot;, for which subscriptions have been arrested in 2003, and foresight <a href="http://pay-day-loans-4all.com">on line pay day loans</a><!-- . -->. The operation meets the ambitions of Resolution, a group staged by Clive Cowdery, which was shown last summer with the acquisition of Friends Provident. Clive Cowdery has yet to consolidate its position on the UK market for insurance. </p>
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		<title>Man changing hands new</title>
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		<pubDate>Fri, 04 Jun 2010 05:23:54 +0000</pubDate>
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		<description><![CDATA[ New Man announced yesterday its acquisition, by the end of the month, the group Morepeace. The latter company&#39;s holdings Overall, based in Besançon, a specialist in ready-to-wear and men through its brands and El International Dellalui. The transaction price was not disclosed. Bernard Krief Consultants The company had expressed interest in New Man. 
 [...]]]></description>
			<content:encoded><![CDATA[<p> New Man announced yesterday its acquisition, by the end of the month, the group Morepeace. The latter company&#39;s holdings Overall, based in Besançon, a specialist in ready-to-wear and men through its brands and El International Dellalui. The transaction price was not disclosed. Bernard Krief Consultants The company had expressed interest in New Man. </p>
<p> Its owner, the industrialist Leon Cligman, through its group Indreco, trying to sell the brand for a while. He had already surrendered in March its 29 stores in Zannier Group, specialist clothing childish. </p>
<p> This sale is another step in the long agony of the flagship brand of menswear in the 1980s. In its basin of Cholet, New Man at the time employed up to 3,000 people, and yet almost 500 a decade ago.Since then, social plans have succeeded in retaining only forty employees today. Latest figure available, the brand in 2008 achieved more than 45 million euros in turnover. </p>
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		<title>The years under the gaze of Messier Paris court</title>
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		<pubDate>Wed, 02 Jun 2010 14:28:33 +0000</pubDate>
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		<description><![CDATA[ The links between Jean-Marie Messier at Vivendi Universal have gone through good years followed by years of settling scores. They all lead to the court. The group is a civil action against its former CEO and famous. And the court record is a dive in the early 2000s when the euphoria of the communications [...]]]></description>
			<content:encoded><![CDATA[<p> The links between Jean-Marie Messier at Vivendi Universal have gone through good years followed by years of settling scores. They all lead to the court. The group is a civil action against its former CEO and famous. And the court record is a dive in the early 2000s when the euphoria of the communications group was preceded by days of crisis just as intense. </p>
<p> Jean-Marie Messier, went on along with six other defendants should stand trial for dissemination of false or misleading information, market manipulation and abuse of corporate assets. The record comes on Wednesday before the Criminal Court of Paris was born after a complaint, eight years ago, the association of small shareholders assets. The former CEO of Vivendi Universal will mainly meet its financial communication.The inquest has cruelly deciphered the discussions behind the scenes with the song unscrewing the stock market. It is for example the defendants alleged to have, on the fiscal year 2000, largely under-estimated the debt of the media division. </p>
<p> The boss Featured </p>
<p> At that time, Jean-Marie Messier, who had relied heavily on telecommunications, including SFR, saw its short-term ambitions ruined by the financial crisis and the attacks of September 11, 2001. To fill gaps, the group&#39;s management had ordered the takeover market of over one billion euros of Vivendi in order to artificially raise the title. The maneuver, which took place in autumn 2001 had also attracted the curiosity of the Commission des Operations de Bourse (COB today MFA).The financial analysis reports thus form the backbone of a judicial inquiry which has also been able to stop on items less austere, starting with the part of alleged abuse of social good to Jean-Marie Messier. </p>
<p> &quot;J2M&quot; had, following his departure in July 2002, received a driver, health coverage for five years and, according to justice, a sum of 18.6 million euros &#8230; The skipper featured n &#39;had not actually received the money, having given up after an arbitration proceeding in New York. But the magistrate Jean-Marie d&#39;Huy, who decided against the advice of the prosecutor to refer the accused before the court, has severely criticized the gap between the sinking of the accounts of Vivendi Universal and conditions of departure its CEO.It was &quot;manifestly excessive benefits in relation to the situation at this time of Vivendi Universal,&quot; the judge wrote in his order of dismissal. </p>
<p> During the investigation, the gap between the financial health of Vivendi Universal and benefits granted to its CEO has also held various volumes of the file. In his complaint, which triggered the whole affair, counsel for small shareholders, Frederik-Karel Canoy me, questioned the use by &quot;J2M&quot; and his family from a New York apartment paid by the group . His curiosity was also flying in helicopters and private planes paid by VU. </p>
<p> Jean-Marie Messier was cleared on this point. But, amid internal squabbles with former anti-terrorism judge who was then the officer in charge of security of Vivendi, Jean-Rene Fourtou successor &quot;J2M&quot; at the head of the group, which has a time been concerned .An investigation had been opened on weekends in private jet before being discontinued, after repayment of disputed amounts. The episode is closed for justice. He could resurface during the trial in Paris if the tone rises again between Jean-Marie Messier and his former group. </p>
<p> ALSO READ: </p>
<p> &quot;INTERACTIVE TIMELINE &#8211; Vivendi saga Messier </p>
<p> Jean-Marie Messier wants to forget &quot;J6M&quot; </p>
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		<title>Ash uncertified engines</title>
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		<pubDate>Wed, 21 Apr 2010 11:40:24 +0000</pubDate>
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		<description><![CDATA[ Large mechanical precision that are the engines of airliners are not certified against the effects of volcanic ash. &#34;It protects engines vis-?-vis things like the ingestion of rain, of course, hail, sand &#8230; volcanic ash are rare events and highly variable, &#34;said Jean-Paul Herteman, CEO of Safran, the parent company of the engine manufacturer [...]]]></description>
			<content:encoded><![CDATA[<p> Large mechanical precision that are the engines of airliners are not certified against the effects of volcanic ash. &quot;It protects engines vis-?-vis things like the ingestion of rain, of course, hail, sand &#8230; volcanic ash are rare events and highly variable, &quot;said Jean-Paul Herteman, CEO of Safran, the parent company of the engine manufacturer Snecma, during a conference call. </p>
<p> Why are they so sensitive to dust Icelandic volcano? Because a reactor is a kind of vacuum overkill. &quot;The engines are machines to suck air volumes extraordinary (&#8230;) They are sensitive to a certain level of ingestion of ashes,&quot; continued Jean-Paul Herteman. </p>
<p> No &quot;miracle technology&quot; </p>
<p> And the ashes are a phenomenon so rare that manufacturers will focus their attention.&quot;This is a subject that is not standardized at this stage by the certification regulations and civil aviation&quot;, according to the head. &quot;The current priorities are in terms of fuel consumption, emission of greenhouse gas emissions and noise. (&#8230;) If certification is evolving and the demand of course we look at what should be done. &quot;But do not expect&quot; miracles of technology, &quot;he pleaded. Especially since the composition of the ash may vary, it says at Safran. </p>
<p> The British engine manufacturer&#39;s Roll Royce has to share content with a press statement that the group is working with the rest of the sector to ensure that the impact of volcanic ash on our engines would be properly understood. &quot; </p>
<p> Two Finnish fighter F-18, last Thursday, and an F-16 NATO on Monday, were damaged engine after flying in the cloud of ash.&quot;The engines of fighter aircraft are most vulnerable from this point of view than those of airliners,&quot; says one in the French engine. Airbus conducted flight tests on Monday between France and Germany with long-haul A380 and A340. &quot;The crew did not notice anything unusual and technical inspection showed no irregularity in the future&quot;, said the aircraft manufacturer. </p>
<p> The pilots union European ECA (European Cockpit Association) has called on Monday not to sacrifice security in favor of economic considerations. The ECA, representing 38,200 pilots and crews in 36 countries, said that some of its members were confronted with the effects &quot;extremely abrasive and clogging&quot; of volcanic particles. </p>
<p> The air nozzles and blade cooling systems measure only a hundred microns.They can easily be blocked by volcanic particles are vitrified, told AFP Michel Gliniasty Scientific Director General at ONERA (French Aerospace Research Center). &#39;The old engines are more durable.&#39; </p>
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		<title>Competition: EDF imposes its conditions</title>
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		<pubDate>Mon, 29 Mar 2010 11:01:23 +0000</pubDate>
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		<description><![CDATA[ For several weeks, the entire energy chain in France saw the pace of the progress of the bill dedicated to the new organization of the electricity market, known as the Nome. His goal? Encourage competition through the sale of EDF by a significant amount, especially at attractive prices, energy from nuclear sources. The trajectory [...]]]></description>
			<content:encoded><![CDATA[<p> For several weeks, the entire energy chain in France saw the pace of the progress of the bill dedicated to the new organization of the electricity market, known as the Nome. His goal? Encourage competition through the sale of EDF by a significant amount, especially at attractive prices, energy from nuclear sources. The trajectory is abruptly accelerated, since the text has been forwarded to the State Council. </p>
<p> The case is crucial and crystallized many tensions. Just arrived at the head of EDF, its new president, Henri Proglio, has also expressed its deep opposition to the bill. No matter to him that the public enterprise &quot;subsidizes&quot; the other operators.But Francois Fillon, who promised in writing to Brussels in favor of increased competition on the French market has held firm. </p>
<p> After review by the State Council, the text should be presented to Cabinet in April, then come before Parliament for a vote before summer. However, the law will not be applied before January 1, 2011: in the meantime, orders will support the device. </p>
<p> EDF will make available to its competitors about one quarter of its production of nuclear or 20% of the electricity produced in France. At what price? The question is there. </p>
<p> For alternative suppliers, the price should definitely be competitive, otherwise void the reform. In other words, this &quot;controlled access to the database&quot; that will enable EDF should they believe correspond to the share of nuclear generation in the regulated prices for electricity.It now stands at approximately 34euros megawatt hour. </p>
<p> In contrast, after EDF, the price used must also include investments needed to maintain and expand its fleet of plants. And therefore be set at a higher level. </p>
<p> After his latest discussions with the government, the incumbent appears to have been heard <a href="http://instant-payday-loan-service.com">instant payday loan</a><!-- . -->. The sale price could be higher 40Euros megawatt hour. While discussions will continue and if the law establishes the broad principles of reform without specifying precisely the price, EDF is doing rather well.Experts have already done the calculations from 38euros megawatt hour, the new organization of the electricity market is beneficial for the public company. </p>
<p> Reorganization of the nuclear industry </p>
<p> EDF can also derive some satisfaction on another folder during the reorganization of the nuclear industry, which must lead, running April to award a long-awaited report. Francois Roussely, former President of EDF, has been charged with this mission by Nicolas Sarkozy. It is, after the failure of the bidding in Abu Dhabi, to determine the role of the individual companies: EDF but GDF Suez, Areva, Total or Alstom. Its conclusions are not yet public, but unless big surprise, the report Roussely should insist on the rule of EDF as a carrier pilot in the sector. </p>
<p> Some observers see this as a double victory for Henri Proglio.Other, more nuanced, analyze the evolution of the law Nome as a counterpart to the design of future roles. </p>
<p> The leadership on the nuclear industry, readily interpreted as a wish of EDF, is proving very costly indeed. This includes mobilizing teams on contracts that are not necessarily included in the strategy of the public company, as was the case in Abu Dhabi. So from the moment the public company would be formally chosen to lead &quot;Team France&#39;s nuclear, some believe there is no question of imposing an unduly harsh treatment by law Nome. </p>
<p> ALSO READ: </p>
<p> &quot;Public debate on a second EPR </p>
<p> &quot;Nuclear: The report tracks Roussely </p>
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		<title>France Telecom blamed for &quot;mobbing&quot;</title>
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		<pubDate>Sat, 13 Mar 2010 22:22:23 +0000</pubDate>
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		<description><![CDATA[ The veil is lifted gradually. The Labor Inspectorate, in charge of investigating the wave of suicides that has struck France Telecom, has submitted its report to the prosecutor of Paris, February 4 last. According to Le Parisien / Today in France this Saturday, this 82-page report clearly denounced the &#34;political restructuring&#34; implemented by the [...]]]></description>
			<content:encoded><![CDATA[<p> The veil is lifted gradually. The Labor Inspectorate, in charge of investigating the wave of suicides that has struck France Telecom, has submitted its report to the prosecutor of Paris, February 4 last. According to Le Parisien / Today in France this Saturday, this 82-page report clearly denounced the &quot;political restructuring&quot; implemented by the former management team of the operator in 2006. </p>
<p> The warning had been given </p>
<p> Based on the survey conducted by the firm Technologia since December 14 last, with 500 employees of France Telecom, the labor inspector, Sylvie Catala said that the former management has been warned &quot;repeatedly&quot; effects produced by its management policy of &quot;health workers&quot;.Doctors labor union representatives, regional fund Medicare and &quot;even justice&quot; have sounded the alarm since 2006. </p>
<p> Neither worked. Management has maintained the course and put in place its plan Next, aimed at &quot;improving the efficiency, effectiveness and productivity&quot; of France Telecom. By what means? The removal of 22,000 jobs in three years and the transfer of 10,000 people to regions and / or different jobs.In its indictment, the inspection work is directly involved three people: Didier Lombard, the former CEO of the group replaced by St?phane Richard 1 March but retains chairmanship non-operational, Louis-Pierre Wenes, former director Operations France and Olivier Barberot, former director of human resources, both landed in the heart of the storm <a href="http://payday-loans-application.com">check cash advance</a> <!-- . -->. </p>
<p> The reorganization at any price </p>
<p> Thus, the inspector cites including about Olivier Barberot required to Staff Group in 2006, referring to the plane Next: &quot;I will have failed if we do not the 22,000 departures. For the group, is 7 billion of cash flow. &quot;The reorganization should be done.At the risk of certain employees remain &quot;at the roadside,&quot; according to a formula used by Louis-Pierre Wenes at a convention this year 2006. </p>
<p> The conclusion of the inspection work is final. The organization of work implemented by the management of France Telecom is &quot;likely to cause serious harm to the health of workers, it is written in the document shown by Le Parisien / Today in France. An accusation which excludes the regional operator. The latter &quot;have merely applied the methods and decisions taken at the highest level of the group.&quot; </p>
<p> This questioning of France Telecom, which has complained about fifty suicides since 2008, echoed in another report from the inspection work on the floor of Besancon in January, following the suicide of an employee in the Doubs in August last.His verdict: &quot;homicide by imprudence&quot;. </p>
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		<title>The day the crazy rumor mill has picked</title>
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		<pubDate>Sat, 09 Jan 2010 09:30:32 +0000</pubDate>
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		<description><![CDATA[ The meeting had yet begun in a friendly atmosphere, around a few cakes of kings. Tuesday morning, the eighth floor of the MEDEF, after an hour of quiet trade on the carbon tax and social negotiations, the clash occurred without anyone waiting on the highly technical issue tenders Association fund management integration of persons [...]]]></description>
			<content:encoded><![CDATA[<p> The meeting had yet begun in a friendly atmosphere, around a few cakes of kings. Tuesday morning, the eighth floor of the MEDEF, after an hour of quiet trade on the carbon tax and social negotiations, the clash occurred without anyone waiting on the highly technical issue tenders Association fund management integration of persons with disabilities. Clash between the two numbers 2 &quot;tie&quot; of the organization, Jean-Charles Simon and Helen Molinari, whose disagreement was notorious. For some, Jean-Charles Simon had treated Helen Molinari of &quot;idiot&quot; and &quot;incompetent&quot; before slamming the door. The person himself, swears that he kept his composure. &quot;I said what she said was false then I left the meeting,&quot; he promises, that confirms a witness. </p>
<p> What does not yet know the participants is that they will never again see Jean-Charles Simon.For him, this incident is the straw that broke a vase too full for several weeks. The evidence was that Laurence Parisot, despite assurances that he swears that he obtained in December, no desire to change the allocation of tasks with Helen Molinari. Back down in his office, he sends his resignation by email to the president of MEDEF, asking not to his notice three months, and leaves the building. Definitely. This email, Laurence Parisot discovered in the early afternoon and will act without a call to his ex-delegate-general to understand the decision or seek to hold him. </p>
<p> Things might have stayed there and the MEDEF, after the resignation proved by Le Figaro, could minimize the event. But Wednesday morning, the machine goes.In a statement to AFP, Jean-Charles Simon recalls failures &quot;in decision-making and organizational roles, ranging up to criticize&quot; the professionalism of the leadership &quot;of MEDEF. The employers&#39; organization responds by accusing him, in a statement at your unusually steep &quot;having conducted his own end after a spectacular incident,&quot; and provides &quot;support to internal teams Medef that have been proven these unusual methods. &quot; The break was complete. </p>
<p> Denis Kessler Photo credits: Le Figaro</p>
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