Archive for the 'networks' Category
When he crossed the threshold of Honda Aircraft Company booth at EBACE business aviation held in Geneva until Wednesday, the visitor is first greeted by a car manufacturer of the third Japanese car.
Then appears the HondaJet painted red subsidiary of Honda Motor, determined to carve cruppers the American Cessna (Textron group) and Embraer on the market ; light business aircraft.
Honda has received over 100 orders for the seven-seat aircraft within three days after the program began in 2006 but has since remained quiet about the state of his book.
The Japanese embarked on a market segment that has especially suffered from the crisis of 2008, which does not seem unduly disturbing Michimasa Fujino, Honda Aircraft Company's CEO.
"The market for light aircraft is close to the automotive market in terms of business cycles," he said in an interview with Reuters. "Light aircraft are influenced by economic conditions, such as automobiles."
Honda plans to produce 20 units of its product by its first delivery scheduled for late 2013 and 50-70 in 2014, before reaching its cruising speed of a hundred a year from of 2015.
The manufacturer promises a device with a quieter and 20% fuel savings compared to competitive models.
"It's like cars: the cars more compact and more fuel efficient are the most popular," noted Michimasa Fujino.
Honda plans to take 10% of the market initially, and then award in the medium term from 15 to 20%.
Customers interested in the aircraft are not looking particularly to customize the cabin, as might be the case for larger aircraft, he noted.
"HondaJet design looks more like a car, which means that we try to provide an aircraft whose equipment is very complete," said Michimasa Fujino.
He believes the more the market potential of a light aircraft Bigger is not necessarily required for the path of a businessman going to a meeting by instance.
"It's like the car: you do not go necessarily to work with your large MPV", he said.
Michimasa Fujino said that companies were going more and more that have a light business jet they were very helpful.
"Perhaps the use of light aircraft will become more common in the future," he said. As for the car.
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Qatar continues its buying spree abroad, entering the capital of the British oil giant Royal Dutch Shell and considering a stake in Italy's ENI, according to news reports.
Last month, Qatar had already strengthened the capital of French Total to 3%.
A Shell spokesman confirmed Friday that Qatar's sovereign wealth fund bought shares in the group but did not say how much this participation rose.
The journal Middle East Economic Survey reported earlier that the Qatari sovereign wealth fund was "in very advanced discussions" to take 3% to 5% stake in Shell.
"We are delighted to welcome Qatar Investment Authority as a shareholder in major long term Shell, particularly in view of our excellent strategic relationship with Qatar," said a spokesman in a statement ;.
According to Reuters data, a 5% stake would make the emirate's largest shareholder Shell.
At the London Stock Exchange, Shell action progressed from 0.46% at 10:20 GMT when the European sector index of the energy lost 0.49%.
According to the Middle East Economic Survey, Qatar's sovereign wealth fund is also in talks to take a stake in Italy's ENI. The group did not wish to comment.
Qatari sovereign wealth fund has been very active in recent years, taking stakes in various sectors ranging from automobile manufacturer Porsche at the British bank Barclays.
Qatar is among the top five shareholders and Total also holds interests in several other French companies, including Lagardère, Vinci and Veolia.
Capgemini announced Thursday a turnover up 4.5% at constant scope and exchange in the first quarter and confirmed its financial targets in 2012.
The leading European IT services aim has confirmed a further improvement in its operating margin in 2012 but with limited organic growth of its turnover due to the re tion of public spending in Europe.
Capgemini, one of the American competitors IBM, the Anglo-Dutch and French Atos Logica, conducted in the first quarter a turnover of 2.565 billion euros, up 9.2% at current rates and perimeter.
Order intake amounted to 2.145 billion euros, down over one year, but the ratio of new orders to figure `s business for the consulting, of the integration systems and community services is positive (1.02 for the group), Capgemini said in a statement.
The Capgemini share closed up 1.29% to 28.95 euros on Wednesday, giving a market capitalization of 4.51 billion. It has rebounded 20% since the beginning of the year after falling over 31% in 2011.
Atos has in turn confirmed the end of April all its annual targets after completing the first quarter organic growth of 2.4% of its turnover, driven by the infogé rance, Germany and the UK.
The Capgemini share closed up 1.29% to 28.95 euros on Wednesday, giving a market capitalization of 4.51 billion. It has rebounded 20% since the beginning of the year after falling over 31% in 2011.
Atos confirmed Wednesday all its annual targets after completing the first quarter organic growth of 2.4% of its turnover, driven by outsourcing, Germany and UK.
The computer services company, whose main competitors are Accenture and Capgemini, confirms this year include a slight organic growth of its turnover from the level proforma 2011 and is operating margin 6.5% compared to 4.8% on a proforma basis in 2011.
"We have confirmation now for three quarters as Germany, Eastern Europe, Central and Northern and the United Kingdom are now vehicles for growth, and continue to register a level 'satisfactory business, "said Gilles joined, executive vice president of Atos, during a conference call.
He told Reuters an acceleration of the group's organic growth in the second half compared to the first. He stressed the unfavorable comparative weighing of the second quarter, which has more public holidays in 2011.
The group achieved first quarter sales of 2.163 million euros, driven by organic growth of 3.9% of its center outsourcing (IT outsourcing) representing 45% of the activity.
Growth in Germany and the UK, its two largest markets, are also more than offset declines in the Benelux and France, which however had a recovery "in step".
Accenture has on his side out at the end of March a good resistance to its business in Europe.
Closely watched indicator, the ratio of new orders to billings (book-to-bill) stood at 107%, with a backlog of 14.5 billion euros at March 31, or 1.7 year of sales.
Gilles joined Atos has also stated its continued "close discussions" with Thales and Orange, the social project of "cloud computing" was approved Friday by the French government.
He said this could be done via Canopy, the partnership announced in February with the U.S. EMC and VMware in this activity.
"Cloud computing" ("cloud") is to store data in supercomputers called servers, grouped by hundreds of thousands in large premises belonging mostly to large IT groups.
WORLDLINE CRUCIAL FOR ATOS
Gilles joined also wishes to continue developing its cluster electronic payments and secure transactions, which includes Atos Worldline.
Rumors had been circulating there for ten days on this division following a note from Morgan Stanley essentially assuming that the integration of SIS, the IT division acquired from Siemens, promised to die pledge more synergies.
Gilles joined observed that these were "comments outside the company."
Atos Worldline is a "major division" Atos, which will help the group reach its operating margin target of 7% to 8% by 2013, he said.
"We are a management that is not dogmatic," but added Gilles joined. "It is our duty by definition never exclude any option that could accelerate and support the further development of this activity in our company."
Atos also aims to achieve a cash flow of around 250 million euros in 2012, against 194 million in 2011 to support an increase in operating margin and a tighter control of investment and working capital needs.
The action Atos closed Tuesday down 1.57% to 20.04 euros, giving a market capitalization of 3.69 billion. She has returned 30% since the beginning of the year.
Germany experienced between 2001 and 2011, the smallest increase across the EU, with an increase of 19.4%, while hourly labor costs in France rose by 39.2%, more than double the same period. A poster of the employers' union Verdi against the introduction of a general minimum wage in Germany
Germany experienced a decade of more moderate growth in labor costs of the entire European Union, according to statistics released Tuesday, but the hourly labor cost is one third higher than the European average. One hour of work in the private sector cost 30.10 euros for German employers, a figure of 32% above the EU average and that places Germany seventh among 27 EU countries, according to these figures published by the Federal Statistical Office Destatis.
Compared to the great French neighbor, the labor cost is 12% lower and 23% lower than in Belgium, the leading EU countries. Germany experienced between 2001 and 2011, the smallest increase across the EU, with an increase of 19.4%, while hourly labor costs in France rose by 39.2%, more than double the same period, according to Destatis.
German wage moderation is a key factor in the competitiveness of the country, including its industry. The downside, often cited by the unions, wages are low, in the absence of widespread minimum wage and an increasingly precarious, with greater use in some industrial sectors in labor and temporary work.
Russia plans to give the International Monetary Fund (IMF) additional resources of over ten billion dollars but the exact amount will be determined in coordination with other emerging BRICS group says, has Saturday announced the Russian Minister of Finance.
"We have already said that the minimum contribution (Russia) would be 10 billion, the question now is to change this amount of increase to reflect the need for additional resources of the IMF" said Anton Silouanov to the press.
"We will coordinate with our colleagues in the BRICS and decide together what we can do," he said on the sidelines of a meeting between the IMF and World Bank in Washington.
The group said BRICS includes Brazil, Russia, India, China and South Africa.
The G20 countries have pledged Friday to provide the IMF additional resources of $ 430 billion to address the debt crisis in the euro area.
According to Anton Silouanov, most of this amount, $ 362 billion, had already been promised before. "We have about 70 billion" to distribute among the contributors, he said.
Emerging economies, which were far more recipients of aid, this time have joined the effort, even if they expect, in return, that their weight within the international financial institutions increased at the expense of that of Europe.
NEW QUOTAS
The G20 committed on this road Friday, promising that the voting rights of emerging nations, called quotas, will be raised at the summit of the IMF scheduled in October.
Russia welcomed the decision, even though she was careful not to make quota reform as a precondition for the payment of its contribution. The new quota system must be clear and understandable, insisted Saturday the Russian Minister of Finance.
"We propose that the quota calculation is based primarily on two main indicators, the size of gross domestic product (GDP) of each country and the volume of their gold reserves and foreign currency," said Anton Silouanov.
If such criteria were to be retained, Moscow's influence in the IMF would increase considerably, with Russia third of global foreign-exchange reserves, with 516.7 billion dollars.
Some countries of the BRICS group said, however, have argued in favor of a better consideration of the weight of GDP, acknowledged Silouanov.
"Many countries believe that further dialogue in this area. Some countries have a quota have no interest in it is recalculated and prefer, obviously, that we keep the current formula, without bring change, "he said
.
The Tokyo Stock Exchange closed up over 1% Friday, the good performance of the action Fast Retailing and relief related to the failure of the rocket launch North Korea has than offset the disappointment that followed the publication of a Chinese GDP worse than expected.
The Nikkei gained 1.19% or 113.20 points to 9,637.99 and the Topix broader took 5.60 points (0.69%) to 815.48.
Growth of the Chinese economy slowed to its slowest pace in almost three years in the first quarter, to 8.1% annual rate against 8.9% last quarter , said Friday the Chinese central statistics office.
Analysts polled by Reuters had expected an annual growth of 8.3% of gross domestic product (GDP).
The title Fast Retailing jumped 8.59% after the chain of clothing stores, owner of the Uniqlo brand, announced Thursday a second quarter earnings of its 2011-2012 fiscal year and a soaring increase in its annual targets.
North Korea conducted Friday to fire a rocket at the origin of a strong condemnation from the international community but this attempt was officially ended in failure.
Molson Coors Brewing will buy the fund CVC Capital Partners brewer of Eastern Europe StarBev to 2.65 billion euros, the U.S. group is keen to develop its presence in the market s emerging.
Molson Coors has prevailed over the Japanese Asahi Group, which was not willing to pay more than three billion dollars for StarBev, according to people familiar with the matter.
The U.S. brewer is mainly present in mature markets such as USA, Canada and Great Britain with brands such as Carling, Coors Light and Blue Moon.
With this acquisition, expected to be accretive in the first year, the share of emerging sales expected to rise from the bottom of a single-digit margin to around 15%, estimated Molson Coors.
StarBev is present in the Czech Republic, Serbia, Croatia, Romania, Bulgaria, Hungary, Montenegro, Bosnia-Herzegovina and Slovakia.
Nevertheless, analysts are wondering about the synergies of the transaction, which is why the action lost nearly 3% to 44.35 dollars on Wall Street.
"Being present in emerging markets is positive but this acquisition seems quite devoid of potential for synergies," said Kaumil Gajrawala, an analyst at UBS.
The transaction represents about 11 times Ebitda of StarBev, 241 million euros, which also carries a turnover of 700 million euros.
CVC bought StarBev to Anheuser-Busch InBev, the world's largest brewer, in December 2009 and had sold given the interest shown by several brewers among which, besides Asahi is believed to know, were Carlsberg, Heineken and SABMiller.
CVC had paid for its acquisition of approximately $ 2.2 billion.
TPSA has renamed itself Orange before Poland hosts the Euro 2012 late June, hoping to compete with an integrated offering, said Thursday the CEO of the subsidiary of France T LECOM.
"Selling Orange and TPSA separately is not very sensible economically," he told Reuters Maciej Witucki. "Customers expect a bundle of four services, which is why it is better to sell them under one brand."
"Rename the brand was included in our 2012 budget and we confirm our objectives," he added. "It will be neutral on our EBITDA and we also confirm our objective of slowing the decline in revenues this year."
Ireland's GDP fell 0.2% in the fourth quarter after falling 1.1% in the third. A nasty surprise which should limit growth to 0.5% this year.
The Irish economy contracted by 0.2% in the fourth quarter of 2011, bringing the country back into recession after a third quarter also negative, according to official figures released Thursday. Over the whole of 2011, however the country has grown by 0.7% thanks to a good start to the year, said the Central Statistical Office (CSO) in Ireland. The gross domestic product (GDP) had contracted during the previous three years.
GDP fell 0.2% in the fourth quarter, after -1.1% in the third quarter, according to a revised figure of CSO. The country is thus technically back in recession, it characterized by a decline in GDP for at least two consecutive quarters. This return is in recession and takes a nasty surprise against the foot of the forecasts International Monetary Fund (IMF), who still believed in early March that the country was to escape thanks to the good performance of exports in sectors such as pharmaceuticals and computer.
The institution was then once again commended the efforts made after the international bailout of 85 billion euros in 2010 concluded with the EU and the IMF to help Ireland to meet a deficit abyss caused by the sinking its banking sector. She pledged in return to a consolidation of public finances through a severe austerity measures, whose implementation is complicated by growth at half-mast, synonymous with lower financial income for the state.
"Net exports have disappointed this time," said Sonia Pangusion Thursday, economist at IHS Global Insight firm. The Irish economy is in fact based largely on exports, making it vulnerable to economic conditions in the rest of the euro area, while domestic demand remains very depressed. "Households continue to save rather than spend it in a context of fiscal austerity and unemployment high," said Alan McQuaid and, Bloxham economist Dublin firm, which expects growth of 0.5% this year. The Irish government hopes for its part "at least 1%" growth in 2012, stated the Minister of Finance, Michael Noonan, in a recent interview with AFP.
In 2011, annual growth has been fueled by sectors of industry and agriculture, whose growth has offset the decline in construction or services. Gross national product (GNP), which excludes the activity of many multinational companies based in the island, for its part, declined 2.5% last year.
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