Archive for the 'Uncategorized' 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.
Lagardère announced Monday the launch of a bid for the company LeGuide.com, publisher of the website of the same name, at a price of 24 euros per share, valuing the comparator prices at about 84 million euros.
The media group headed by Arnaud Lagardère hopes to complete its digital portfolio that already includes the particular site or financial information Boursier.com Doctissimo.fr , bought in 2008.
The offer of the media group, which is the entire capital of LeGuide.com, will be open from 9 May to 12 June
The price represents a premium of 31.2% over the average as the company three months, 25.4% on average in one month and 20.5% from its last closing price, May 4, Lagardere said in a statement.
"Lagardere Active wishes to preserve the autonomy of management and leadership team LeGuide.com maintain the policy of employment and entrepreneurial culture that made its success since its inception" the company adds.
Present in 14 European countries, LeGuide.com, which compares the offers of more than 76,000 online merchants, claiming an audience of 28.9 million unique visitors.
For the offer to be validated, the total shares held by Lagardère and tendered should be at least 51% stake in the company.
The operation will also receive a green light from regulatory authorities in Germany and Austria.
Volkswagen has further increased its stake in truck manufacturer MAN, as part of its planned merger of its two main activities of trucks.
The German automotive group now owns 73% of the shares of MAN and 71.08% of the total capital, MAN announced in a statement Friday.
Volkswagen previously held 55.9% of the voting rights and 53.71% stake.
VW wants to increase integration between MAN and Swedish Scania, he also controls, in order to save at least € 200 million in procurement, production and research and development.
In addition, the Wolfsburg group wants to encourage cooperation between the two truck manufacturers and its own activities to create vehicles capable of exceeding a set Daimler and Volvo.
Volkswagen holds 71.8% voting rights in Scania and 49.3% of its capital.
MAN has declined to comment, a spokesman for Volkswagen could not be immediately available for comment.
Exchanges of Brazil should grow twice as world trade over the next 15 years a cosmetics factory in Sao Paulo
The Brazilian economy is booming: according to HSBC Trade connections, Trade Forecast (February 2012), the Brazilian business know in the next fifteen years a growth of 163%, double that of world trade (86% ). Over this period, the country is expected to arrive in sixth place worldwide for the growth of its trade. This year, the growth of its economy expected to remain at 3% (as in 2011) and accelerate to above 3.5% in 2013, according to forecasts of Euler Hermes. The organization of the FIFA World Cup in 2014 and the Olympic Games in Rio in 2016 are short-term opportunities.
The big challenge for this huge country, rich in raw materials: building infrastructure (roads, railways, power lines) to open up the interior, where the raw materials, and link it to major cities growing, like Rio de Janeiro, Sao Paulo and Belo Horizonte.
Another government priority: to develop industrial production. The country is clearly positioned to become the leading producer of ethanol from sugar cane. The emergence of a middle class eager to consume is also a great opportunity for investors.
Are real opportunities for businesses … provided they are aware of the constraints: complex tax system, high taxes and powerful bureaucracy.
These obstacles do not discourage emerging countries like Vietnam and Indonesia but especially China, whose trade with Brazil expected to increase substantially in coming years. The proof is opening this year's huge port complex Superporto do Açu, one of the largest in the world, and already dubbed "the highway to China".
Wall Street opened sharply higher Monday, the Federal Reserve chairman, Ben Bernanke, who hinted that the Fed will continue its accommodative monetary policy to support demand and help lower the unemployment rate.
In early trade, the Dow Jones took 0.80% (104 points) at 13,186 points. The Standard & Poor's, wider, gained 0.84% (11 points) at 1,408 points while the Nasdaq composite advanced 0.84% (26 points) to 3094 points.
Growth of the U.S. economy will have to accelerate job creation that do fall further unemployment, Ben Bernanke said Monday.
"An additional significant improvement in the unemployment rate will probably require a more rapid growth of production and demand from consumers and businesses, a process that can be supported by continued accommodative policies , "he said.
The dollar turned down against the euro after these statements. The single currency was trading at over $ 1.33.
Values, Lions Gate Entertainment gained almost 5% in early trade, after the flying start to his latest production, "The Hunger Games", which produced 214 million dollars in revenue for its first weekend of operation.
Investors monitor the numbers of the promises of housing sales (at 14:00 GMT), expected up 1% in February after rising 2% in January.
The S & P 500 fell 0.5% last week, a relatively modest decline but still the sharpest recorded over a week since late December.
India should seek to turn its airlines to refuse to participate in the program of the European Union to tax carbon emissions in the airline, said Monday , a senior administration official Reuters India.
China first allowed its air transport sector to participate in this program.
Since 1 January, all airlines flying from airports in the EU are subject to a trading system of emission quotas for greenhouse gas (ETS).
A company failing to observe these rules is liable to a tax of 100 euros per tonne of carbon emitted quota allowed. The EU ban of up to serve European airports.
If the EU were to proclaim such prohibition, she risks being subjected to similar retaliation from New Delhi.
"There are many things we could do if the EU did not return to his demands. We have the power of the economy. We not bleed as much as them, "the official said, adding that the Union's position would affect its economy and airlines
… …… The Indian government expects to receive formal approval from several departments before giving the order to its airlines not to participate in the program of the Union ……
… "The question is: are you (the Union) in bringing about a global trade war?", the official said ….. Beijing
…. The opposition to the European system of emission allowances has escalated last week with the cancellation of orders Airbus. ()
India does not provide for the time to reach such an end, but it does not exclude it either, the official said.
Amber Dubey, head of aviation at consulting firm KPMG, said that Indian industry was booming with a significant increase in the size of the civil and military fleets.
"The issue of EU ETS raises fears of trade war between the EU and the world. There is a chance that the government uses these big aircraft orders as a tool in its negotiations ", he told Reuters.
The European aircraft manufacturer Airbus, an EADS subsidiary, owns 73% of the Indian market of commercial aviation. He has in his notebook over 250 aircraft ordered by Indian companies, IndiGo, Go Air and Kingfisher.
The Slovenian subsidiary of Renault announced Thursday it would cut production in April and would eliminate 13% of positions at about 2220, due to lower sales in Europe.
"We have had in recent months a decline in orders resulting from a severe contraction of the European market. Because market conditions do not improve (…) we don ' will more probably night shift on April 26, "said the subsidiary Revoz, which produces models Twingo, Clio and Wind.
Production Revoz had peaked at 212,860 cars in 2009, falling to 174,127 in 2011. The subsidiary did not provide a target for this year.
The night shift existed since 2007 but was suspended from May to September 2011 due to a shortage of electronic parts produced in Japan, a direct consequence of earthquake of March 11.
Revoz said she planned to increase the number of positions in the second half of 2013, when it will produce two new models to be developed under the partnership between Renault-Nissan and Daimler.
The new car registrations have fallen sharply again in February in the euro area, mainly due to the weakness of French and Italian markets, announced Thursday the European manufacturers association of motor.
The pact provides for the establishment of fiscal and golden rules more automatic sanctions against countries that exceed the limit of 3% of GDP for public deficits. The UK and Czech Republic have refused to sign. The reduced VAT rate for ISPs is in the crosshairs of the European Commission.
Twenty-five countries of the European Union on Friday signed at a summit in Brussels the new Treaty establishing more fiscal discipline in Europe to learn from the debt crisis which shook the euro area. The pact provides for the establishment of "Golden Rules budget" on the balance of public accounts and automatic sanctions against countries that exceed the limit of 3% of GDP for public deficits yearly.
These rules should preferably be written into the constitution of the States, but not necessarily. "This is an important step to strengthen confidence in our economic and monetary union," said President of the European Union, Herman Van Rompuy, during a signing ceremony at a summit in Brussels . "I think it is a strong signal that we draw lessons from the crisis, we understand the signals" sent by the financial markets "and we want a future with a politically united Europe," added the Chancellor Angela Merkel.
This new treaty was demanded by Berlin in exchange for its continued financial solidarity to fragile countries of the euro area. It was signed by only 25 of the 27 members of the European Union, the United Kingdom and the Czech Republic have declined. It must now be ratified by at least 12 signatory states before they can begin to take effect. All countries in the eurozone will not will not receive financial assistance from its partners over the future relief fund that will start this summer, the European Stability Mechanism (SPM). This ratification might be complicated especially in Ireland, who announced the holding of a referendum on this, inherently dangerous.
Some doctors in French public hospitals do not hesitate to charge transactions at prices well above normal. The hospital in Lille Claude Huriez
A cataract operation charged 1,490 euros, while Social Security pays only 272 euros? This is not the price of a private clinic, but rather that of the Hotel Dieu in Paris. A public hospital. And these seem to be common practice, according to a study published in the magazine "60 million consumers," which highlights the excess fees to certain astronomical practitioners. Hospital doctors more greedy and round their monthly income to the tune of 70,000 euros per year.
This shift is made possible by the Debré Law of 1958, which allows practitioners to hospital to have a private practice in public institutions, up to 20% of their time. Some have therefore fully optimized, such as a knee operation, paid 555 euros for social security, and charged 6000 euros. Specialists in knee and hip have understood the principle: for a transaction of this type, the rate can reach twelve times the amount reimbursed by the safety!
These practices are also not gone unnoticed, and the owner of health insurance, Frederick Roekeghem wrote to doctors whose rates are excessive. With the threat of a sanction if the National Council of the order does not act quickly. Meanwhile, the patient is the first victim of these abuses.
The hypothesis of an ouster of CEO of Veolia Environnement in favor of Mr. Frérot Borloo, after a maneuver made by the boss of EDF Proglio, close to Nicolas Sarkozy, sparked a lively debate Monday. The Elysée to maneuver to place Borloo Veolia? The accusation is "absurd", according to the Sarkozy camp.
"The arrangements between friends of Fouquet's''," a president of the combined business and "" … These are some qualifications of the various political parties to protest a possible arrival of Borloo to head Veolia. Mentioned by the Les Echos newspaper in its Monday edition, the news continues to generate reactions from different political parties. According to several media, Mr. Proglio, former CEO of Veolia director left, wants "the head of Antoine Frérot", his successor, and has heard "at the beginning of last week" on his replacement by Mr. Borloo, former Minister of Ecology and former government number two.
Source close to the council, seven directors Proglio support the project, seven against and three are still undecided, that seeks to convince Alain Minc, another close to Nicolas Sarkozy. Officially, everyone is silent. Neither Veolia Environnement, nor EDF nor the entourage Borloo made any comments. In its presidential campaign, all the opposition – left, center and FN together – is leapt to denounce a "conflict of interests" and "arrangements between friends of Fouquet's", the Sarkozy camp attempting to extinguish Fire minimizing simple "press rumors".
Sarkozy: "It's absurd"
"Republic How are we?", Has protested Monday Francois Hollande, the Socialist candidate for favorite presidential polls, Nicolas Sarkozy in lampooning "the candidate of confusion, arrangements". Same story for Europe Ecology Party the Greens (EELV). This is a "farce", denounced the environmentalist Eva Joly, citing a "conflict of interests rarely seen" and "contempt of the Republic". "Before leaving, Sarkozy puts his friends," added the National Front, while the modem call to "turn the page on these practices." "It is abnormal that the policy interferes in the affairs of a private group like Veolia. What credit do we give to the group to negotiate with local authorities?" Railed Deroubaix Hervé, Steward CFDT.
For his part, Nathalie Kosciusko-Morizet, speaking as Minister of Ecology, denied "formally" any government involvement in the possible appointment of Jean-Louis Borloo. "Veolia is a company under private law, the government does not meddle in any way the choices made by its directors. It does not get involved now and do not mingle in it ", she told AFP. According to Le Parisien, Proglio seek to ensure his rear in case of arrival of the left power in May Nicolas Sarkozy swept the controversy with the back of the hand. the head of state on Monday described BFMTV "absurd" the hypothesis of an intervention by the Elysée. "The Elysee would be behind a possible appointment "of Borloo to Veolia, the question does one out of his campaign headquarters, in the fifteenth district." It's absurd, "he épondu …. …..
Comments Off