China Southern will buy 50 Airbus - December 30, 2010

China Eastern Airlines said Thursday it will buy 50 Airbus A320 family for a base price of about $ 3.2 billion (2.4 billion euros).

The Chinese airline said in a document sent to the Hong Kong Stock Exchange that the base price was based on list prices of 2005.

The device should it be delivered by the manufacturer, a subsidiary of EADS, several times between 2012 and 2015, she added.

JCDecaux wins advertising contract Aeroports de Paris - December 28, 2010

JCDecaux announced Tuesday it had retained the use of advertising devices of Aéroports de Paris, a contract whose value has not been disclosed but is believed to be one of the most important year in France.

The world number 2 outdoor advertising company and the manager of the airports of Roissy and Orly will be established under this contract a company equally owned and will operate for a period of nine and a half.

The operator of the Velib 'Paris was competing for the contract with Clear Channel in particular.

JCDecaux has signed this month a 10 year contract for the advertising concession International Airport Dubai World Central, Al Maktoum, the new airport under construction in the UAE.

Jean-Charles Decaux, co-leader of the group, had told Reuters in early December that his group would continue its expansion in airports, winning contracts for such hubs in Chicago and Atlanta.

JCDecaux has won in November via Metrobus, a joint venture with Publicis, a $ 100 million for the operation of advertising space for the RATP.

Nestlé strengthens its position in the confectionery in Turkey - December 27, 2010

Nestlé Turkey strengthens its confectionery cheap in Turkey with the announcement Monday of a stake of 51% in Dogan Gida and Balaban, manufacturers of chocolate and confectionery products in Turkey.

Turkey Nestle did not disclose the price paid for this acquisition. The transaction remains subject to approval by competition authorities, the company said in email.

The segment of the entry level is half of the confectionery market in Turkey and weighs approximately 3.6 billion Turkish pounds (1.77 billion euros) Devrim said Cobek, president of Nestlé Turkey.

ACS holds 27.72% of the voting rights of Hochtief, is 30% - December 24, 2010

ACS holds 27.72% of the voting rights of Hochtief, the German leader of the BTP, said Thursday the Spanish group said in a statement posted on its website.

ACS is 30% of voting rights. There are less than a week before the expiration of its offer to purchase, December 29.

The Spanish group wants to control Hochtief without buying all the shares and has therefore launched a low bid to avoid being overwhelmed by more songs it wants to acquire.

The fund Southeastern Asset Management, which owns the two groups of construction, should yield to its GBA titles representing approximately 2.5% of Hochtief.

Tuesday, ACS held 27.26% of voting rights.

Unemployment is twice as high in the neighborhoods - December 23, 2010

Sensitive urban areas concentrate twice as recipients of minimum social, twice as many poor and three times as many beneficiaries of the CMU and the rest of French territory.

Unemployment affects 43% of assets and 37% of active youth living in poor neighborhoods, according to the latest report of the National Observatory of Sensitive Urban Areas (ZUS) Thursday, December 23 handed to the Minister of Town Maurice Leroy.

In total, the unemployment rate climbed to 18.6% in 2009 against 16.9% in 2008 in these 751 districts identified by the government to be the target of the policy of the City, the report said.It exceeds the unemployment rate of 17.2% recorded in 2003 when the implementation of the framework law and planning for cities and urban renewal, which aimed to significantly reduce inequality in the suburbs over a period of five years.

Because of the economic crisis, new graduates are likely to be unemployed for the first time since 2003 while the hitherto protected the diploma, the report said that the situation is very "difficult" women of foreign origin. The ZUS "are territories where the French-born of French parents are significantly under-represented."

Ile-de-France, "some neighborhoods are characterized by a very high proportion of people of foreign origin."A woman born abroad of foreign parents "has four times less likely to be employed when living in ZUS that when living elsewhere," the report said.

Accordingly: these focused areas twice as many recipients of social minima, two times more people living below the poverty line and three times as many beneficiaries of the Universal Health Coverage (CMU) in the remaining territory. The average taxable income of the population of Zus in 2007 was 60% that of their unity urban neighborhoods and in the most modest of only 50%.

In 2008, two thirds of the inhabitants of ZUS were known Caisses d'allocations familiales (CAF) and more than one recipient in four belongs to a single parent.In introducing the report, the president of the Oznus Bernadette Malgorn writes that "each year, seven percent of people leaving the area and are replaced by new people, usually in a precarious situation improved compared to runners.

In delinquency, the rate has fallen overall by 11% between 2005 and 2009. But while property crime decreased 15% damage to individuals increased 7.1%. A glimmer of hope in this dismal picture: the gap in academic achievement tends to be reduced to the 400,000 students in colleges and high schools in the ZUS, although rates are still below the national average.

The change of the Lisbon Treaty will not be subject to a referendum - December 21, 2010

France will not hold the referendum to accept the limited change of the Lisbon Treaty made it necessary to create a permanent emergency fund in the eurozone.

The French Minister for European Affairs, Laurent Wauquiez, was dismissed Tuesday, December 21 the idea of holding a referendum in France to accept the limited change of the Lisbon Treaty made it necessary to create a permanent emergency fund in the eurozone.

"The choice has been done in this period is to adopt a treaty revision that is the easiest, shortest and most accurate. In the storm, this is not the time to pose major debates philosophical or major issues. The priority is the rapid and effective action, "said the minister.

"The revision of the Treaty lies in a few sentences.It is for this reason that you, the representatives of universal suffrage, the legitimacy of the people who will have to get a decision on this device, "he added.

The Relief Fund shall take over from interim support funds established in the spring to help the country in financial disarray. Even if only for the countries of the euro area, the change of the Treaty – Article 136 of the euro area expected to be expanded, should be ratified by 27 countries of the European Union to enter into force.

Europe chose a quick and limited which should in principle avoid to go through referendums, always politically risky. But there is still no guarantee. And if one country rejected the change would put down the whole edifice.

SeLoger.com wants to double its net profit for 2014 - December 17, 2010

SeLoger.com has announced plans to double its net profit in four years, representing an average annual growth of around 20%.

The group of ads on the Internet, which is the subject of a takeover bid from German Axel Springer, also said in a statement released Thursday evening confirmed that target a "significant increase" its results 2010 compared to 2009.

Turnover, supported by the growth of penetration rate and increase in the average, forecast in the middle of the initial estimate of between 81 million and 84 million euros, he said.

SeLoger.com added that its current EBITDA in 2010 is expected to reach the top of the initial estimate between 42 million and 44 million, up almost 18% compared to 2009.

Its goal of doubling its net profit within 4 years "will rely in particular on further increasing the penetration, the increase in average basket (selling additional services, segmentation of the offer, sale of subscription for specialized portals) and the development of an offer of full disclosure (web agency, transaction software Pericles).

Beyond organic growth, SeLoger.com intends "to accelerate its growth through acquisitions" including in France, the goal of "expand its range of services to real estate professionals.

Internationally, SeLoger.com aims "of the country where the housing market on the internet is not yet consolidated, but where the switching of expenditure of estate agents in favor of the Internet has already begun."

"To facilitate the implementation of this policy of external growth, and in any event to take advantage of attractive financing conditions present SeLoger.com intends to apply to one or more banks line of credit for maximum amount of 100 million euros, "the group said.

The company adds that it will be positive net cash position of around 10 million euros at the end of the fiscal year and that it will propose doubling the amount of the dividend under the fiscal 2010.

"For future years, the group intends to maintain a payout ratio of at least equal to 30% of net income and, where appropriate to distribute to shareholders a portion of the cash that would not be used to finance future acquisitions."

The bid by Axel Springer on SeLoger.com is extended until further notice, said Thursday the AMF.

The euro area wants to have a fund anti-crisis - December 16, 2010

New summit in Brussels Thursday. The goal is to create a permanent emergency fund for countries in difficulty. The issue of Eurobonds will also be debated.

The EU leaders are found on Thursday in Brussels for a summit designed to permanently leave the euro area financial crisis, after a year of every danger with the rescue of Greece and Ireland.

The purpose of the meeting of Heads of State and Government in Europe, which opens around 17:00 pm (1600 GMT) and ends Friday, is to begin the creation of a permament Financial Assistance Fund for countries experienced difficulties. This is the seventh European summit this year, like every other devoted to the economic and financial crisis which shook the monetary union.

Echaudée by the Greek crisis in the spring, Europe has developed a plan with the IMF interim support to countries in need of 750 billion euros, which expires in mid-2013. It was therefore decided to establish a permanent, who will succeed him, to reassure markets on the responsiveness of the euro area. But Germany, the main contributor, has asked a legal requirement. She wants the current EU Treaty, the Lisbon, be amended because it prohibits in principle such a mechanism of financial solidarity between countries. Otherwise, Berlin fears of being censored by the Constitutional Court. In Brussels on Thursday, the leaders will then initiate a limited modification of the treaty, which will be realized next year. This will clearly allow states to the euro area to have a mechanism for assistance.Everyone hopes that the change is sufficiently circumscribed to avoid passing by to approve by national referendums, always politically risky. For the first time, the proposed mechanism can make use, in case of rescue of a country, banks and private funds that hold government debt.

Will this be enough there to avoid contagion from the debt crisis? Some officials want to go further by creating "Eurobonds" which countries would issue bonds to common pool risks. But the divisive subject. Germany does not want to hear about it. The question should, at least behind the scenes, be hotly debated in Brussels.

EDF goes out of debt electricity transmission network - December 14, 2010

The Board of Directors of EDF on Tuesday approved a transfer of half the capital's electricity transmission network (RTE) to a dedicated fund for the decommissioning of nuclear plants, said Tuesday the CEO of the French group.

Proglio also confirmed at a hearing before the Committee on Economics Senate, that the operation would remove the debt from that of TEN electrician public, which will thus be reduced by approximately six billion euros.

Net debt EDF widened to 44.1 billion euros at June 30, against 42.5 billion at December 31, 2009.

The completion of this operation will be possible by the signing in the coming days and an order to surrender by EDF state of two posts he holds the six supervisory board of RTE.

"We expect that the order passes and the state increases its number of representatives on the supervisory board of RTE," said a spokeswoman for EDF.

The asset fund "dedicated", in which EDF has a portfolio under the Act of June 28, 2006, must cope with the future costs of decommissioning existing nuclear plants and storing radioactive waste.

RTE is the network of French electricity transmission which is the largest in Europe.

Lagarde provides superior growth to 1.6% in 2010 - December 13, 2010

The economy minister was less optimistic RMC radio on Monday that Prime Minister Francois Fillon, who spoke Saturday's 2% target.

Growth in France in 2010 will amount to a "big 1.6%," he said Monday on radio station RMC Christine Lagarde, Minister of Economy and Finance, being less optimistic that Prime Minister Francois Fillon who spoke Saturday's 2% target. "I am hopeful we will make a big 1.6%," Lagarde said, recalling that the government had been cautious about a year ago by its forecast for 2010. "We started with 0.8% and 1.2% and 1.5%," she said.

Saturday, Francois Fillon said the French economic growth this year would be "clearly superior" to the forecast of 1.5% so far advanced by the government. "The target of 2% is clearly within our reach," saidFillon during a meeting in Paris of the National Council of the majority party UMP.

Asked if growth would reach 1.7%, Lagarde preferred "not to engage." "We must wait to collect all the results" of the big French companies, "she said.

Regarding 2011, Ms Lagarde has planned a growth rate of the French economy by 2.0%. "We record the past four quarters growth rates of 2.0%, there is no reason to believe" that this will change, she said, noting in support of his remarks sustained demand for French products and the effects of reforms undertaken by the government for three years.