International News

Buoyed by the announcement of a burst of mergers and acquisitions, Wall Street on Monday confirmed the rebound that started in last weekend. In limited volumes, it will erase all its losses from last week. All indices end in green: the Dow ends up sharply from 1.87% to 11,479.65 points. The index had opened up 0.48% to 11,323.44 points and continued to grow during the session. The Nasdaq index also closed with a gain of 1.87% to 2554.79 points.

Markets reacted to a volley of announcements of mergers and acquisitions. First, Google (-1.16% to 557.23 dollars) has announced the acquisition of the mobile phone manufacturer Motorola Mobility (55.78% to 38.12 dollars) to $ 12.5 billion in cash.Time Warner (-0.81% to 64.98 dollars), meanwhile, reached an agreement to buy the cable operator Insight Communications to Carlyle for $ 3 billion. Finally, Cargill will acquire the French specialist in animal feed Provimi to 1.5 billion euros.

As in Europe, investors are upbeat on the eve of an important meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel on the reform of the governance of the euro area. They should discuss ways to implement to prevent contagion problems of sovereign debt to the rest of the region.

But Germany has already warned investors: this meeting will lead to "nothing spectacular"."It will be a working meeting on the governance of the euro area in line with European decisions taken in late July," said the spokesman of the Ministry of Finance. The latter also confirmed the skepticism German, joined by France, in respect of Eurobonds. These ads have already resulted in demoralizing the European investors.

In Asia, the announcement of a contraction much weaker than expected Japanese GDP has also reassured the markets.

Morale builders stable

The statistics published on Monday in the U.S. are, however, bleak. Manufacturing activity in the New York area declined for the third consecutive month at -7.7, 3.9 points lower than in July.

In real estate, the NAHB index released on Monday shows that the morale of the manufacturers was unchanged in August, close to its lowest historical levels.

Note that the currency market, the euro strengthened against the greenback at 1.444 dollar. Oil markets, oil prices closed up in New York. A barrel of "light sweet crude" for September delivery was trading at 87.88 dollars, up 2.50 dollar. Prices had fallen during the European trading, erasing their gains made in Asian trade in a market nervous and still haunted by persistent concerns about global growth and the debt crisis in the eurozone.A barrel of Brent North Sea crude for September delivery was trading at 107.56 dollars on the Intercontinental Exchange (ICE) in London, down 47 cents from Friday's close.

Google swallows Motorola Mobility

On the corporate side, Bank of America (7.93% to 7.76 dollars) has announced the sale of its activities in the international credit cards in Britain, Ireland or Canada.

The food distributor Sysco (-3.93% to 28.11 dollars) announced earnings per share (EPS), diluted to 57 cents under its fourth quarter, diluted EPS of $ 1.96 for all of its financial year, while its quarterly sales reached $ 10.4 billion.

Estee Lauder fell 6.64% to 94.15 dollars.Despite the publication of a net income group share record of $ 700.8 million, up 46.5%, the cosmetics group announced its annual results would be below Wall Street expectations.

Lowe (0.82% to 19.58 dollars) has already reported sales below expectations in the second quarter of its fiscal year and lowered its annual targets for the second time in three months, consumers pushing their development projects until later because of sluggish growth.

Boeing (1.54% to 62.70 dollars) announced it had completed with Air Lease Corp. an order valued at $ 2.5 billion on 14 737-800 aircraft and five 777-300ER.

Pfizer (2.69% to 18.34 dollars) announced Monday it had won before a U.S. court case against Teva Pharmaceutical Industries of Israel, preventing the global generics to produce a copy of Viagra before 2019 .

Transocean (2.97% to 57.26 dollars), listed in New York, wants to buy the Norwegian group Aker Drilling, for a total of 1.1 billion Swiss francs (1 billion), according to a statement Monday. Several large shareholders, representing 65% of the capital, have agreed to the deal, said the Swiss.

The American specialist craft materials Grainger (2.01% to 138.57 dollars) on Monday announced the acquisition of the Dutch distributor of fasteners Fabory Group for $ 344 million (242 million).

The difference is certainly on the thickness of the line but it still twists his neck to popular belief. An evaluation of the Ministry of Labour with the redeployment of unemployed Le Figaro has obtained, employment center gets better results that private placement (OPP) to which the accompaniment of hundreds of thousands of job seekers job was outsourced. In other words, the public would be more effective than the private sector to find new jobs for the unemployed.

This assessment focuses on two categories of job seekers who have benefited, in November 2009 and March 2010, a reinforced support: the unemployed far removed from the market (long-term, seniors …) and CTP-fired economic CRP (devices for one year guaranteeing a subsidy equivalent to 80% of the last gross wage). Just under 5000 people were interviewed.In both cases, the rate of return to work thirteen months after the start of the support is higher for employment center.

47% of retrenched in CTP-CRP followed by public service employment benefit and employment (employed or not), against 43% for those followed by a private placement (employment agency, company … reclassification). Less than one in three point still unemployed after thirteen months, against 38% for a PPO. The private sector, which offers support more regular and reinforced, in the end proves better than the public service on one point: the rate of CDI won, higher than 5 points to the result displayed by employment center.

More CDI

The difference is greater for the second cohort of unemployed: the unemployed far removed from the labor market.49% are employed and thirteen months after the start of their employment center for support, against 43% for those followed by a PPO. Unlike the retrenched, the CDI rate is even higher in the public service (44% against 39%). Worse, the number of unemployed, thirteen months after the start of the accompaniment, are higher in PPOs (45% against 41%).

These results revive the controversy over the use of OPP – the cost of an unemployed investment returns twice as expensive (2200 euros on average per year, against 1100 at employment center) – to relieve the crews of the public service of employment in case of downturn. The popular option is to use only an "outsourcing of specialty", on a more targeted, less numerous and where the added value of OPP is proven. Should, in this case, review their terms of payment by paying more in income.PPOs now affecting half of their performance in support of an unemployed, 25% when in use and 25% if there is still six months later. The idea is often put forward to move to a 35% share in the care and placement for 65% effective (against today 50/50). A useful discussion since the OPP always accompany nearly 150,000 job seekers.

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It was twenty years commissions on credit card transactions had not fallen and that the regulator two years campaigning for change that. Following a lengthy litigation, the Competition Authority announced Thursday that French banks got a discount on fees so that they in turn require merchants and consumers for a withdrawal to the distributor or a card payment. This payment remains the most widely used in France and has grown steadily since its introduction, mainly to the detriment of the check.

According to the Competition Authority, which accused the banks to agree to the detriment of consumers, the main interchange fees should drop by 20% to 50%. The agreement will take effect from 1 October and will be valid for four years, with an estimated loss of revenue for banks to 600 million euros a year.

Effect on customers' bills

In detail, the interchange fees for payment, paid by the merchant's bank to the consumer, are expected to decline by 36%. These costs were strongly disputed by the traders, who thought a large majority "penalizing" according to a survey by the Professional Union scale (UPA). The Federation of Enterprises in trade and distribution was also the source of the complaint filed with the Competition Authority no fax cash advance.

More sensitive to the consumer, the fees charged for each withdrawal by the bank's ATM to that of the cardholder to fall by more than 20%. Currently, most institutions charge a euro each withdrawal at another bank in more than a few transactions. Only the Postal Bank currently fails to puncture such fees."The decline of this commission, now passed to the holders of a majority of banks will most likely be a direct down" on consumers' bills, welcomed the Competition Authority in a statement.

Commissions on levies on the Seletti

In this case, the fear of financial penalty penalizing banks convinced the 130 stakeholders to negotiate with the Competition Authority. In September 2010, the institution has indeed sanctioned eleven banks to the tune of 384.9 million euros for imposing fees on abusive transactions by check.

But the sector is regularly singled out by consumer associations to impose unfair tariffs, has not finished accountable.The Competition Authority also announced Thursday that it will address in the coming months to commissions established by other types of credit cards such as Visa or Mastercard, and those imposed for withdrawals.

Insensitive to the new this morning reported last night, after-hours trading, the rating agency Moody's downgraded four notches of the long-term rating of Portugal, the Cac 40 back into the red. By mid afternoon, the stock index was down 0.59% to 3955.48 points. Moody's does not trust the program "ambitious" in the words of the new government which includes to reduce the country's deficit from 9.1% to 5.9% this year, and 3% by 2013, and believes it is likely that Portugal needs a new aid in addition to 78 billion decided last May.

In addition, major banks and international insurers have go to Paris again today to discuss how they are expected to attend the next Plan aid to Greece. Chaired by the Institute of International Finance in the presence of several countries, this meeting should not be decisive.According to one familiar with the matter, the Minister of Economy Baroin believes that the negotiations will not end until "several weeks beyond the summer."

Finally, China has raised interest rates Wednesday for the third consecutive time this year by 25 basis points from February to April. The rates of the Chinese central bank now stands at 6.56%.

Yesterday, the Cac 40 ended on a decline of 0.61% and dropped below the 4,000 points, while this morning in Asia, stock markets are mixed – only the Nikkei stands out with a strong increase of 1.1 % – after a session on Wall Street in a disorganized manner.

The euro widens its losses against the dollar

On the currency side, the euro fell sharply against the dollar on Wednesday, weighed down by renewed worries about the economic health of the most fragile countries in the euro area.Mid-afternoon in Paris, the single European currency was worth 1.4325 dollars against 1.4418 dollars late Tuesday.

On the macroeconomic front, the German industrial orders rose 1.8% in May after rising 2.9% in April according to a slightly revised upwards, said Thursday the Ministry of Economy . It now expects the annual Arcep to 15 hours and the economic outlook for the euro area in 16 hours.Overseas, we will monitor the ISM index of activity in the service in June in 16 hours and the weekly inventory of crude oil after half an hour.

Casa loses CFO

Sodexo (-0.07% to 53.91 euros) on Wednesday confirmed its targets from 2010 to 2011, announcing an increase of 7.7% of sales in the first 9 months of the year in which emerging markets achieved growth rates in double digits.

The manufacturer Gemalto smart card (0.32% to 33.33 euros), the world, announced Tuesday it has been selected by Qatar to secure its online public services, after developing a national identity card e for Qatari nationals.

Bank stocks remain under pressure, affected by concerns surrounding the euro area after the rating is downgraded by Moody's from Portugal and the slow pace of discussions on Greece unsecured personal loans.Mid-session, BNP Paribas was down 1.70% to 51.41 euros, Societe Generale of 2.17% to 40.25 euros and Natixis 2.32% to 3.45 euros. Credit Agricole SA (-3.53% to 9.98 euros, the largest decline CAC) announced the day before the departure of its chief financial Badré Bertrand, completing an overhaul of the General Staff of the French bank since the arrival of the new management team in early 2010.

Dia hard discount to the company being divided of Carrefour (-2.38% to 23.58 euros), fell on his first day of trading Tuesday in Madrid Stock Exchange. In addition, the band recorded new setbacks Tuesday in his attempt to form the leading Brazilian distribution.

EADS (+0.38% at 23.64 euros).AirAsia will buy 100 Airbus 320neo more, bringing its total order to 300 aircraft, said a source with knowledge of the agreement.

Air France-KLM (-1.10% to 10.80 euros) anticipates an annual growth in turnover of at least 20% in China.

Renault searched, unscrews Scor

The IPO of Mauna Kea (15.03% to 15.03 euros) on Thursday will take place over 13 euros per share, the top of the range that had set the French manufacturer of equipment 'endomicroscopy for placement on NYSE Euronext.

Groups rated television (TF1, Metropole TV, Bolloré, NextRadioTV) will be in Paris to follow.The gross advertising revenue duty of television amounted to 4.29 billion euros in the first half, up more than 12% over the same period a year earlier, said Tuesday firm specializing Yacast.

Scor (-2.84% to 18.99 euros) announced that the exceptionally high cost of natural disasters in the first quarter led him to issue up to 75 million shares to strengthen its equity as part of an automatic protection.

The examining magistrate Herve Robert, in charge of the investigation into the case of pseudo-intelligence within Renault (-0.52% to 40.92 euros), visited Tuesday the premises of the manufacturer at Plessis -Robinson (Hauts-de-Seine) to view documents, said the lawyer for Renault.In addition, the group expects its second half sales results are better than the first half of the year, said deputy director general of the group, Carlos Tavares.

The businessman Bernard Arnault, CEO of luxury group LVMH (+0.16% to 127.25 euros), retains the top spot of the professional fortunes of France, with 21.24 billion euros, before Gerard Mulliez and Liliane Bettencourt, according to a ranking published yesterday Challenges.

L'Oreal (0.55% to 90.02 euros). Françoise Bettencourt Meyers Thursday filed a motion requesting the revocation of the mandate to protect his mother, while urging the judge of guardianships in Courbevoie (Hauts-de-Seine) to take legal action, said Tuesday in an AFP judicial source.

François Lenglet, managing editor of business daily.

The team goes into overdrive in the race to develop digital. In January, Marie-Odile Amaury, CEO of the eponymous media group, reiterated his desire to develop the sports daily on digital media, web, mobile tablets, after clearing up advertising revenue in 2010. "The Team Leader Sports Information on digital. Our website attracts over 5 million unique visitors per month, consuming more than 700 million page views, which places him among the top three websites in France, across all categories. Our mobile traffic has surpassed 100 million monthly page views. All our media are also available on shelf ", says the CEO of L'Équipe, which is also considering" creating a product designed exclusively for Team shelves that prepares for early 2012. "

In 2011, one of the group's priorities is to approximate the print and Web newsrooms, which total more than 350 journalists and must "work more consistently. These essays have lived ten years in parallel with strong stories, "says Francis Morinière, who named Fabrice Jouhaud head of editorial at the end of last year. The latter has seen his responsibilities extended to the Web, in addition to newspaper and magazine. "This is one of the most brilliant journalists of his generation, I think this project will lead with intelligence."

A free channel available on an HD channel

Another variation of the group, the Team TV channel on cable (numeric), satellite (CanalSat) and ADSL (SFR), carries an audience share of 0.2%, according to Mediametrie. What is the future of TV? "The thematic development of pay channels is complicated to run.That's why, if the CSA confirmed its intentions, The Team will be a candidate for the award of a frequency HD digital free sports information, "says Francis Morinière, echoing the call for APF applications "should be announced for late 2011. Until now available on carriers paying Team TV would become a free channel, directly accessible on a HD channel. "This is a major project for the Amaury group. That's why this decision was taken in full agreement with Philippe Carli, CEO of the group. Two years ago, the president had said during the Estates General of the press that "The State should ensure that the press has the conditions for its development." Our development on television follows this logic.The future of media groups through their ability to project itself into a multimedia based on strong brands and recognized, "said Francois Morinière.

If he gets the green light from the CSA, the proposed free HD channel on DTT would require an investment of "more than 30 million euros cash advance now. Many people are concerned about upsetting the economic balance of the PAF. But it will not be challenged because we are targeting around 1% market share of advertising revenues in television [estimated at 3.4 million net in 2010, according Irep]. When comparing the profitability of media groups and media groups, there is no danger in delay. For us, it can be very beneficial to the contrary ", says the CEO of the group.What would the editorial content of this new channel for free? "The sport is missing from the landscape of free channels, then it is a focal point for 25 million French. The public expectation is high, and the legitimacy of the team is obvious. Our project is ambitious and is a part of Team DNA. It was Charles Bietry, editorial director of TV crew and one of the inventors of the sport on television, which designs the project. "

8.4 million consumers

If he was born, this project would compete with that of Alain Weill, RMC Sport, which would also aim to invest TNT HD. "We'll see. Team TV has been around almost 13 years, but the draft RMC. Our editorial guidelines are different, our projects will be too.RMC is very focused on football and relies on consultants vedettes.Notre project will discuss all sports in all their meanings, and based on an essay of 350 journalists sport experts, present on all land sports the world. Sport is essential in the TNT. The team of 70 can speak the French sports, "argues Francis Morinière.

In 2010, France paid for the dissemination of L'Équipe, almost stable at -0.3%, amounted to 302,158 copies, according to OJD. Sporting events of 2011 do they offer such good prospects? "We are pleased with these figures. This is the first time that the daily broadcast is stabilized since 2006, knowing that France was now in the final of the FIFA World Cup, "said Francois Morinière.In addition, Team consolidates its leading position in national newspaper with 2,347,000 readers daily on average, up 1.6%, according to the latest audience research EPIQ. A hearing "up 6% on assets and AB +, as the Group Chief Executive. Finally, the mark "Team" is the first media brand in France with 8.4 million consumers weekly, daily between the Web and magazine. Nevertheless, 2011 will inevitably a little quieter for us. Sporting events are less promising and have the disadvantage of being in negative time difference, "he concedes.

Returned to profit, the group Team weighs "250 million" in sales in 2010. "Just over 50% of its revenues" are generated by the newspaper, whose 'relative share is fairly stable, "said its director general.

After breaking the 4000 point mark, the CAC 40 is struggling to find a direction Thursday. The index initially opened higher, then long hovered around breakeven, before widening its losses in mid-session: Shortly after midday, the index featuring Paris ceded and 0.39% in 4008, 73 points.

At the London Stock Exchange, the FTSE-100, close to balance, gaining only 0.03% to 5949.87 points and the Dax index featuring the Frankfurt Stock Exchange climbed crumbling him, 0.01 % to 7056.43 points.

Marcoéconomique on the forehead, after the Minister of Budget, Baroin, announced Wednesday a government deficit of 7.2% in 2010, the Minister of Economy and Finance, Christine Lagarde, saw less than 7%. INSEE has decided: the public deficit was reduced from six billion in 2010 to 136,500,000,000, or 7.0% of gross domestic product (GDP), according to statistics released Thursday.

Inflation, meanwhile, accelerated again in March in the eurozone to 2.6% yoy from 2.4% in February, according to preliminary estimates released Thursday by the EU statistics office Eurostat.

United States, are scheduled weekly claims for unemployment benefits (1430), activity in the Chicago area in March (15.45) and in February industrial orders (16 hours).

On the currency markets, the euro continues to rise against the greenback at 1.4217 dollars (0.64%).

The debt crisis in the European program

Oil prices were up Thursday morning in electronic trading in Asia in the wake of the rebound on Wall Street, said the analystes.Le barrel of light sweet crude for May delivery gained 0.91% at 105 $ 22.

The eyes of investors will also be turned on Thursday to Ireland will be published when the stress tests of banks in the late afternoon. The debt crisis is again in the spotlight, while the Portuguese rate exceeds 8% and that the Greek deficit was revised upwards.

Meanwhile, the banking sector shows the largest decreases the Cac 40: 2.12% Societe Generale loose at 52.17 euros, Credit Agricole sells 2.50% to 11.71 euros, BNP Paribas lost 2.27% at 52 , 09 euros and Natixis was down 1.06% at 4.025 euros.

In contrast, Renault, despite its setbacks in the false case of espionage, climbing from 1.10% to 39.15 euros, the largest increase Cac 40, before Unibail-Rodamco (0.89% at 153 , 65 euros) and Total (0.48% to 43.12 euros).

LVMH: 0.27% to 111.95 euros

In addition, the Annual General Meeting of LVMH will be held at 10:30.

Poweo: -2.33% to 4.61 euros

With a loss of 146.2 million euros in 2010 against a loss of 85.3 million in 2009, operating income of Poweo was sealed by non-recurring items, as announced in February.The net loss attributable to group Poweo has for his part amounted to 133.4 million euros, against a loss of 93 cheap pay day loans.5 million in 2009.

After-hours trading, Cellectis Genoway publish their annual results.

Renault: 1.14% to 39.17 euros

Nissan and Renault were heading towards the establishment of a holding company which unites the two car manufacturers under one roof, said Carlos Ghosn, president of both groups, in an interview published by the Nikkei newspaper. But a spokesman for Nissan denies this morning, stating that this article resulted from a misinterpretation of what the CEO.

L'Oreal: -0.46% to 82.66 euros

YSL Beauté (L'Oréal) will cease in advance to create and develop the flavors of the Italian luxury group Ermenegildo Zegna, according to a statement released Thursday.The license agreement, which was to expire in April 2013, ending June 30, said the world number one cosmetics.

Publicis: -0.65% to 39.75 euros

Publicis announced that Jean-Yves Naouri, tipped as a possible successor to current chairman Maurice Levy, was appointed executive chairman of Publicis Worldwide, a subsidiary of the group including its network of marketing and advertising.

Schneider Electric: 0.46% to 121.15 euros

The electrical equipment manufacturer Schneider Electric announced Thursday the acquisition of assets of DigiLink, the "leading provider of structured cabling in India", about 80 million.

Areva: Trading suspended

The Strategic Investment Fund announced in a statement Thursday it has completed the acquisition of the stake in Areva STMicroelectronics.The nuclear expert held 10.9% stake in the OEM electronics.

Maurel & Prom: stable EUR 13.62

The independent oil company Maurel & Prom will ally with the Colombian Pacific Rubiales Energy by assigning half of his rights in a series of permits.

Vranken-Pommery: -2.96% to 34.7 euros

The title Vranken-Pommery Monopole was heavily penalized, this Thursday morning at the Paris Bourse after the publication of disappointing results judged by the market, who questioned the group's strategy.Oddo Securities lowered its recommendation on the value from "buy" to "ease".

Trigano: 2.24% to 24.44 euros

The specialist for caravans and motorhomes Trigano announced a six-monthly sales growth should, in his view, lead to market share gains and improved "sensitive" in its results for first half of the year. Societe Generale rose from "hold" from "buy" on value.

Saft: 1.26% to 29.66 euros

The battery maker Saft has announced in a statement that only one of components it buys in Japan is produced in the region of the country affected by the earthquake and tsunami of 11 March.

This is a first in the middle of the car. Citroen has launched this week the first site of services for organizing trips run by a manufacturer. Citroen named Multicity, this site allows you to organize the weekend and stay long term, buy a ticket or train and book a hotel. Not to mention renting a vehicle anywhere in France for a period ranging from several hours to several days.

The site has nothing to envy to the travel-sncf.com or Expedia.fr. The manufacturer has indeed relied on industry experts as GoVoyages and lastminute.com to set up his project. Result: the services provided are as complete as those of operators."Whether it's a journey of everyday life, a professional meeting or organize your holiday in France or abroad, with Citroen Multicity build your route from door to door and book immediately" Can we read in the section of the site presentation.

Competitive Rates

From bus to subway, boat to the aircraft via the bike, Citroën offers a search engine to find the best route "custom tailored to your budget and your schedule." The manufacturer also promises very competitive rates for car rental (from 22 € per day and for only 14 euros, our valet pound down to you "). Train tickets are those of the SNCF, Eurostar or Thalys trains and flights covering 1000 destinations. For hotels, the offer is very wide, with 60,000 establishments proposed worldwide.

The brand customers enjoy perks such as buying online mapping to update their GPS or download a map of speed cameras.

Operation Diversification

With this remote reservation terminal, Citroën is clearly the turn of diversification. This strategy had already materialized with the launch of a site rental vehicles in September. But a few months of summer vacation, the manufacturer has chosen to go further: "Today, travel is not always easy and it requires a good knowledge of the various means of transport possible to achieve these trips, "says the manufacturer in the columns of Le Parisien on Saturday.

Citroen still promises to expand its range "in time" to "promote mobility. Objective: to become profitable within two years to come. "

Click on the thumbnail to enlarge the graphic.

At one week of the ceremony of the Caesars, Men and Gods Xavier Beauvois is figure favorite. But it is not only a highly successful film. It is, according to the French Film, French film along the most profitable in 2010. With a budget of 4 million euros, it attracted 3.1 million viewers. Consequently, it has reached a rate of return of 229.3%.

Behind this nice surprise, there are two comedies that have been very successful. The Heartbreaker Pascal Chaumeil, with Vanessa Paradis and Romain Duris totaled 3.7 million tickets. With a budget of just under 10 million euros, its profitability stood at 113.43%. More surprising is the presence on the podium Mammuth. The film Delepine and Gustave Kervern Benedict has done a somersault with a return of 100%.I must say it was done with a limited budget to 2.5 million euros, despite the presence of Gerard Depardieu. An astonishing performance when we know that, on average, the profitability of French films is 25%. In 2010, 32 French films have exceeded this symbolic threshold, six more than last year short term personal loans.

This record pushes some ideas. For years, the French film world think that the example of major Hollywood productions, inflation budgets that ensures success.

However, in 2010, major productions have not fulfilled their contract. Ocean, directed by Jacques Perrin with a budget of Pharaonic 49 million euros, had a return of 16.7%. The highly anticipated Camping 2 Fabien Onteniente, has met its audience, with 3.9 million cinema admissions, but was penalized by a budget of 23 million euros.

The 10-year champion Sticks

Its producers are doing anyway, with a return of 49%. Not bad, but two times worse than Camp 1, which in 2006 recorded a rate of 118%.

For the first time, the French film released the ranking of most profitable films of the decade. Unsurprisingly, the film records of all Welcome to the Sticks is securely attached to the first place. With 20.5 million admissions to a budget of 11 million, the movie Dany Boon posted a profit of 565%! The Chorus is in second position with 486% return.

On the occasion of its big annual event, the Ufip, the French Union of Petroleum Industries on Friday announced the impact of strikes Fall 2010 on the oil industry alone: 230 million euros.

A figure that could grow. For the fourth straight weekend, the activity of French ports will be affected by social movements, the CGT still requiring validation of an agreement on the drudgery.

Besides this "handicap" represented by the unreliability of the port of Marseilles, and denounced by Jean-Louis Schilansky Ufip Chairman of the rising discontent especially from the bosses of companies weakened by the downturn port. Under the patronage of the Phoenician city, the losses at the end of November last, relating to strikes, would amount to 800 million euros.In the medium term, the continued movement threatens 41,000 jobs directly and indirectly specifies the organization, who attended Thursday at a meeting of major economic players in Marseille.

Now "A container for two to France through foreign ports," a late Jean-Luc Chauvin, president of the PSU 13, the Union for companies in the Bouches du Rhone. Companies are dying to Marseille where we are in a state of permanent strike. "

Threat to long-term activity Ports

"Companies are tired, we are undermining the economic fabric," adds the CEO of the Port of Marseille, Jean-Claude Terrier. Especially if short-term impact of strikes on the job can be cushioned by partial unemployment, it is not the same in the long term.

Plagued by recurring blockages, the poor image of the port of Marseilles is widening no teletrack payday loan. What is not without consequences for the activity: traffic from all terminals of the Grand Port Maritime de Marseille (GPMM) grew twice as fast in 2009 as the Mediterranean ports, and three times less than those Northern Europe.

And the fall in traffic could continue. On the site of Fos sur Mer, terminals and cargo containers are still totally blocked this weekend. A new arrest brings to 29 the number of calls to cancel since the beginning of the month. Between 1980 and 2010, the port of Marseille has lost 12% market share, reaching 16% last year. He has yet to lose a place among the European countries (5th in 2010).

However, difficult before any return to normalcy, to quantify exactly how many jobs really threatened.Meanwhile, a cell of the Prefecture of the Bouches du Rhone will be created to select the companies affected by social movements, and conduct an evaluation in terms of jobs. About 2,500 companies will receive bank facilities, said the Prefect Hughes Parant.

Side Le Havre, or movement is also closely watched, the loss of port activity related to strikes brought to 40% in Les Echos said the president of the Maritime Union and port of Le Havre. About 80% of the 16,000 jobs that include the organization today are indirectly affected, "he said. In January more than 50 calls were canceled out of 170 were provided, again in favor of other ports, Belgian and Dutch.

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