Archive for the 'economics' Category

Emirates wants to open more lines between Dubai and France

Auto Date Tuesday, May 21st, 2013

 

Emirates1 is not satisfied with France. While the Dubai-based company already has two daily flights from Paris, a daily flight from Nice and five weekly flights from Lyon, the giant would best serve the city of Lyon.

"If you asked Lyon if it would be better to have a daily flight to Dubai, they would say yes," exclaimed Thierry Antinori, Emirates' Vice President, in charge of sales. There's a month and a half, the company has asked the French government to get this right. "Why do we have five flights a day from France?, Asks the former Air France, Lufthansa spent in before flying to Dubai leader. We totalisons six in the UK, nine in Germany, seven in Italy, "he lists.

But European companies see a very dim view of this expansion. Thursday at the general meeting of shareholders of Air France-KLM2, Jean-Cyril Spinetta, who was attending his last "AG" said Emirates did not realize that 10% of its turnover in the Gulf and the Arab world, while 30% came from Europe and 30% Asia.

"Air France KLM achieves more than 60% of its sales in Europe"

Jean-Cyril Spinetta

"Air France KLM generates over 60% of its sales in Europe," he said. He also called on the European Commission "audits of competitive conditions" of Emirates operations.

A chorus annoys company Gulf no fax needed payday loans. "Instead of whining, executives of Air France should better target the growth of their company on the major cities in Asia," said Thierry Antinori. Emirati company, which has increased its offer by 20% in 2012, continues to rise. It carried 39 million passengers last year against 34 million the previous year, according to its leaders, the number of aircraft in its fleet will increase from 169 to 200 by 2018.

Its profits have not suffered from rising fuel prices: in 2012, they grew by 52% to $ 622 million, for a turnover of 20 billion dollars. A performance paled leaders of European companies, which have recorded huge operating losses and whose abilities are clamped to prevent further losses. Emirates base its future growth on transport flows Century: "These links between Asia and Europe, Asia and Africa, Asia and South America, says Thierry Antinori. In all cases, passengers will pass through Dubai, an emirate where one does not hesitate to spend billions of dollars to move the international airport, enlarge or dedicate an entire terminal at A 380.

Emirates executives who have already made the full command widebody 2017, should add thirty additional units to the fleet. "The success of the A380 could lead us to buy thirty more, said Thierry Antinori. But we also look at the future and compare Boeing 777. "

New offensive Google's music market

Auto Date Thursday, May 16th, 2013

 

No potentially lucrative sector of the Web can not escape Google1. Net giant announced Wednesday the launch of a service streaming2 music (a subscription to a music library rather than buying securities unit). Google Play Music All Access will be available for a subscription of $ 9.99 per month, first in the United States, and then rapidly in other countries, including France.

To make its offer streaming attractive, Google did not skimp on resources. It would have won agreements with the largest majors, Universal Music, Sony Music and Warner Music. "Millions of songs" are available. Google relies on its ability to recommend content based on users' tastes and manage research to differentiate. With music streaming, Google does more than add another string to its services available in Android (the operating system for smartphones and tablets, including used by Samsung, LG, Sony).

Unmet goals

Group Mountain View 3change totally strategy in music. Until now, he was content to copy Apple's iTunes download service with its securities unit, called Google Play Music. But it has not achieved its objectives in sales, generating only "a few million" dollars in 2012 according to analysts. The U.S. is trying to solve a problem so far, its services on Android does not generate enough revenue. The comparison with Apple performance in the field may be cruel to Google. In the first quarter of 2013, iTunes, App Store 4 (the Apple App store), iBooks … generated over $ 4 billion in revenue. That's four times more than Google Play. This despite the fact that 900 million Android devices have been activated worldwide, against 500 million for Apple. Another concern, Samsung would pull more profits from Android as Google itself, according to the firm Strategy Analytics.

$ 900 action

For Google, it becomes urgent to restore balance. However, the market for online music and especially the streaming is one of the most promising. And it is still under construction. For now, they are "small players" as Pandora5, a kind of Internet radio with more than 200 million users, the Swedish Spotify, which displays 6 million premium subscribers paying out between 5 and 10 dollars per month, or the French Deezer, who clear the market. But the big players arrive. Google has taken the first step, Apple would consider the follow Amazon have a project in the area, according to the Wall Street Journal.6

Buoyed by these ads, Google stock has passed for the first time the threshold of $ 900, up more than 2.5%, to $ 907, while its market capitalization now exceeds $ 300 billion. It is similar to that of Apple, which totaled 408 billion, or 240 billion less than last September, when the action has reached its historical record.

TF1 M6 accused of conducting a "price war"

Auto Date Monday, May 13th, 2013

 

First quarter accounts TF11 plunged into the red. The private audiovisual group chaired by Nonce Paolini released an operating loss of € 15.7 million and a net loss after minority interests of 6.3 million. Advertising revenues were down 12%.

LE FIGARO. – You have changed the way to present your accounts. Is it bad to underestimate your results for the quarter?

Nonce Paolini. – This makes no sense! TF1 accounts are public and audited. The truth is that for about three years, given the variety of group activities, financial statement no longer reflects how the group develops. This change in presentation, many major European groups have also adopted, is an effort to further transparency.

The results of the advertising group, down 12%, were punished Exchange last week. What is your analysis?

This is a bad performance we can not be satisfied! But all media now suffering from the economic situation. We face strong pressure from advertisers and their wait. Added to this is a competitive situation without precedent in France: the market for free TV clash sees no fewer than 25 channels owned by nine different operators. Finally, in the context of hyper-fragmentation of supply, we face a fierce price war clearly triggered by one of our competitors. Also, the results can not be good.

You mean your competitor M6 Group

.

While the market continues to be seen for several months. While lowering prices, the M6 ​​Group in step with the decline in hearing both antennas M62 and W93. He practices comparable to Freeview promotions. This is normal because its main chain became the first chain TNT4! But embarking on a wild ride that collapses as the price is destructive of value. And this is in the interest of person or televisions, or the advertisers who need media healthy! It is not the viewers who could face a decline in the supply of programs if reason does not prevail!

Are there not a paradox in your hearings have rebounded over the last nine months and your bottom line?

This does not affect, in any case, the strategy that we have set ourselves: to offer premium advertising space to advertisers. With an average audience of 23.4% during the day, unique in Europe, we offer exceptional opportunities for contacts, no other channel can offer: the TF1's audience is more than twice that of M6! In addition, TMC5 resists and NT16 increased despite the increased fragmentation of the offer. HD17 and is head of six new channels launched last December. Also, the TF1 group, with our success in the digital, has the most advantages to benefit from any economic revival. What we want and what we succeed, is to touch the widest possible and not we focus on one target on which women M6 and most Freeview cannibalize public. Because it is simply forget all the other viewers who are also prescribers and economic actors! In short, it is not only the famous housewife under fifty who decides purchases home. The company has evolved. Also continue to offer programs that bring together the largest number we go. I would add that, unlike our competitors, we are severely handicapped by the obligation to sell the advertising of our four channels via two different boards. It will not be the case in 2015.

Jo was lovely audience scores during the broadcast of the first episode, a little less in the second. Should we rethink your strategy international fiction?

There are hearings France who works and those of France bridges. Also, both Jo hearings are not comparable. And they are above average! Beyond this series, you should know that for several years the French fictions are heavily loss: revenue not balance their cost, which has been growing! They mainly affect older audiences while the American series are full of a younger audience that advertisers consider the most interesting. The stakes are high for our cultural exception! And international co-productions are a very interesting way.

"Koh-Lanta8" was a strong brand TF1. After the tragedy that affected the show, do you replace it?

We were deeply shocked. Today there is a preliminary investigation in progress and it is only in the light of its conclusions TF1 determine. The death of our candidate is a tragedy, and we now know he had a heart defect that was fatal. To me, if there is a "Koh-Lanta" matter is that the suicide of Dr. Costa. He was the victim of a heinous media lynching. Most shocking is that his death has left marble perpetrators of these terrible accusations! You know, our mission and our goal is to inform and entertain. And death should never be at the rendezvous emissions we prepare.

Aurélie Filippetti, Minister of Culture and Communication, plans for its future bill to reform the rules to improve advertising revenue channels. What do you think?

Successive governments have increased the errors favoring oversupply television. We measure the disastrous effects on the health of the audiovisual sector, that is to say, its funding and suddenly its creative dynamism. We have emphasized throughout recent months with government on several changes needed in this area: for example, the terms of sponsorship, advertising and prohibited areas creating a shopping channel. On these three points, it seems that we have been heard.

This bill also provides for dust relations between TV channels and producers. What do you expect?

All stakeholders agree: we need a rebalancing of economic relations between broadcasters and producers. We all have an interest in creating a new heritage of works that can at once to collect the larger public but also to reap the benefits internationally. It should help us build the audiovisual gives future. And my motto is that you have a fiction that is exported. This rebalancing will require a new deal with the recovery of such shares in favor of co-chains, with the opportunity to invest in the creation taking stakes in production companies, which implies a new division between dependent and independent generation . Finally, it is necessary that our obligations in a broader European space co is allowed. Series like Jo or Crossing Lines, which will be broadcast on American network NBC Universal this summer, are successful abroad before France! In short, we must give the means to be conquerors!

Death of the founder of Missoni

Auto Date Thursday, May 9th, 2013

The patriarch of one of the most important families of Italian fashion, Ottavio Missoni, died today at his home in Sumirago in the Lombardy countryside. Born February 7, 1921 in Yugoslavia, this former Olympic athlete – he attended the London Games of 1948 – had co-founded the Missoni home with his wife Rosita, heir to a family of textile industrialists. In the 1950s, the couple away the use of machines to make shawls and created a line of knitwear motley, the famous multicolored zigzags, winning the favor of the press. They set up their factory Sumirago in the late 1960s and soon the small artisan label knits international fame. Missoni is a classic ready-to-wear Italian, develops accessories, fragrances, beachwear, sign line design decorates hotels and multiplies co-brandings (Converse, the American brand Target brand Bugaboo). Their daughter Angela is currently artistic director of fashion. In January, the family had been under the spotlight when the plane carrying the eldest son of Ottavio, Vittorio (General Manager marketing of the house) and his wife had gone off Venezuela1. Ottavio Missoni was 92 years old, he published his memoirs in 2011 in Italian, Paolo Scandaletti under the title A Life on the yarn (Ed. Rizzoli).

Unemployment frames are better off than others

Auto Date Thursday, March 28th, 2013

 

For several months, the job market also tends frame. The whole of 2013, the services of the Apec predict a market decline of about 5%, with a range of recruitment between 162,000 and 178,000 people. However, the unemployment rate for white collar should remain below 5%.

Behind these figures altogether favorable, there are winners and losers, and markets at different speeds. "Today, all employers dream of having them around frames with three to ten years of experience in the trade," said Fabien Stut flatly, deputy general manager of recruitment firm Hays. For other populations frameworks, however, the situation is much darker. "The most affected will certainly graduates this year, but people still wanted engineers, and still older, but this is not a novelty," says Frédéric Benay, Senior Executive Director at Michael Page. A situation related to driving "short-termist" employers whose business visibility is almost zero now and who do not take risks.

Experts in high demand profiles

Another observation: as the market is primarily supported by the replacement (turnover, retirement …) and not by the creation of jobs, recruitment are almost exclusively on expert profiles, regardless of trades and industries. Result, candidates are missing and it is difficult to convince them to leave their current position.

"The paradox is that in a range of sectors and occupations, employers can not find anyone," says Fabien Stut. Examples in auditing and accounting, the unemployment rate is 2%. In finance, there is a shortage of candidates on the functions of consolidation. Even in construction, on some very specific lines of business, recruitment for engineers are hard work, economists or engineers building structures.

As for the "engines" of executive recruitment, such as computer, the boot does not fall, even if the trend is a little less dynamic. "Everything comes to outsourcing of functions has the wind in its sails," said Frédéric Benay at Michael Page. As proof, Sopra, specializing in technology consulting, announced this year more than 2012 recruitments: 2,500 in total, including 1,600 in France. "Sopra Group recruits both graduates bac + 5 and more experienced profiles without stands a level of experience rather than another," says one.

Director of Human Resources at MAAF Assurances, Véronique Jolly does not fits in this scheme – beginners, advanced, seniors. "We have a recruitment plan that allows us to talk to all areas of the company and all the employee profiles. So we appeal to both young graduates, experienced managers, but also for seniors, because we are part of the technical issues, "she says. The mutual group, which has 7,300 employees in 2013 shows a recruitment plan external CDI 300 people, with hundreds of new posts, plus a level of internal mobility of 700 employees. The insurance specialist deploys a parallel plan hires 350 CSD and sixty contracts.

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»All vacancies in France and abroad with Cadremploi

Banks decided to take control of Saur

Auto Date Wednesday, March 20th, 2013

It Saving Private Saur, the French number three in water management, suffocated by debt become too heavy to bear. But between the Strategic Investment Fund (FSI), one of its largest shareholders, and its …

Car insurance is even more expensive in 2013

Auto Date Thursday, March 7th, 2013

 

After a bad year in 2011, the number of accidents has decreased in 2012. And this trend continues in 2013, according to the assessments of road safety, with less than 9% of fatalities and 12% of injuries in January.

These figures hope left lower auto insurance rates this year, but it is not. The price index for private insurance, published by the comparator Assurland shows a 2.1% increase in the cost of insurance over the last twelve months. Yet the comparison provided in December 2013 contained up only 1%, driven by competition. He noted then increases by 0.9% in 2012 to Maaf, 1.5% for Axa, 2% Maif and Macdf, Generali 3% and 4% for Swiss Life.

Insurers defend themselves

The number of accidents is not the only factor to play on the evolution of premiums, insurers argue. They evoke the rising cost of repairs made more complex by the invasion of electronics in cars. Victim compensation costs also more expensive insurance: accidents are fewer, but more serious, and therefore the duration of care is growing. Axa, there was an increase in 2012 the average cost of accidents by 2% damage and 5% for bodily injury, a trend already observed in 2011.

Some legal systems also weigh in the balance. Insurers must finance since January 1, 2013 revaluation of pensions paid to victims of road accidents, although it is far from the Guarantee Fund compulsory insurance of damage (FGAO) who took care. Accordingly, Axa evoked a possible late 2012 premium increases from 1.2 to 1.3%. Another measure that could weigh: the equalization of rates between men and women, decided by Court of Justice of the European Union last December. It could lead in 2013 to a leveling up of premium automobiles women.

Another possible explanation although they deny it, with the car insurance offset what they lose elsewhere. The insurance sector in 2012 recorded a turnover down 4%. Life insurance in particular has suffered with withdrawals over the payments of 3.4 billion euros. As auto insurance is mandatory, insurers may be tempted to improve their margins on this side.

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Jungle market e-cigarette

Auto Date Wednesday, March 6th, 2013

 

Confidential until recently, the market for electronic cigarette is in exponential growth phase. Attracted a much lower price than cigarettes, more smokers turn into "vapoteurs." An e-cigarette is sold between 9 and 11 euros is equivalent to consuming two packs and a half. For comparison, a traditional package of 20 units costing more than 6 euros today.

More than a million French have already tested the electronic cigarette does not contain tobacco. They would even use it daily to 500,000. "We believe it is much more" forward Thierry Morin, in Cigartex. This industry pioneer has sold "more than a million cigarettes" last year in its 6,000 outlets, mostly tobacconists and Relay. Its sales have doubled in 2012, "more than 1.5 million." Edsylver, which sells cigarettes especially on the Internet, posting a turnover of € 4 million in 2011, while the market was in its infancy. Clopinette, another actor who relies heavily on physical shops, was 3 million euros in turnover in 2012.

"The whole cartons imported from China"

With the rise of the market, dozens of companies in recent months looking to take their share. The electronic cigarette market begins to look like a rat race: "I seem to see a new box to create a day and there is little serious," Judge Thierry Morin. "It attracts a lot of opportunists, brokers. Some websites have very professional, but behind it is just one person who brought boxes of China, sometimes very small volumes low fee pay day loans. "

In fact, all the French players in the sector are provided in China. There is no regulation on prices, which can vary from simple to double for an identical product. The possibilities are endless products: cases, USB chargers, packs of refills apple, blueberry or lychee … Cigartex provides even launch a special nightclub cigarette with a blue LED as an end "to it is not confused with a cigarette by the guards. "

The tobacco industry puts

There is no time for high standards of marketing: Each dealer sets its standards, may elect to laboratory tests … Some try for example to distinguish touting flavored liquid made in France.

Actors 'historical' are therefore rather favorably upon an application by the Minister of Health Marisol Touraine. "This should push for normalization requires that since 2007," says Thierry Morin. In Edsylver, Cédric Cukier imagine that the investigation will lead to the sort. Large firms in the tobacco industry could also take care to clean. Many prepare their offensive. Imperial Tobacco, Japan Tobacco or Lorillard Tobacco took stakes in existing companies, while British American Tobacco and Philip Morris are working on their own versions, for 2014 and 2016.

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End of diesel: the challenge of scrapping

Auto Date Monday, March 4th, 2013

 

Several camps oppose the government on diesel. All agree that the older vehicles running on diesel pollute the most, but opinions differ on how to improve the situation.

Arnaud Montebourg, Minister of Relief productive favors a "conversion premium". The scrappage scheme that does not mean his name (and for good reason, the government has been criticized previous measures) would be both "a social and environmental." It seeks to help poor households own a car diesel acquire a new one … or recent occasion, what would an innovation premium prédécentes.

Arnaud Montebourg has provided no details on a possible threshold of income for these households, or confirmed that the measure would apply to vehicles more than 12 years, which represent 27% of the park. "More than a diesel is prior to 2011, it is more polluting," said the Minister. But you can not establish a "cash for clunkers that meets the backlog of foreign manufacturers." Without specifying how he would pay the premium, Arnaud Montebourg ruled out an increase in diesel. The difference between 1 liter of gasoline and 1 liter of diesel is 18 cents in France "as in Germany," he said, decided "not to be dictated a course of action by the Court of Auditors."

Clog purchases

This has opened the Pandora's box this weekend, stressing that the alignment of taxation on diesel than gasoline would yield $ 7 billion to the state. Arnaud Montebourg believes that "any change in tax could penalize the two French" Renault and PSA diesel champions no fax cash advance. Nothing will be done "without consultation with domestic manufacturers," stressed the minister.

A position remote from that of the Minister of Ecology. Delphine Batho, who proposed the conversion premium, wants more alignment of taxation of diesel and gasoline. It targets 60% of the French car fleet equipped with diesel, responsible for "40,000 premature deaths" per year attributable to fine particle emissions.

Caught between health issues and the need to avoid adverse effects of scrapping (artificial support and expensive market, which eventually collapses), Pierre Moscovici, Minister of Economy, kicked by explaining key "entrusting a reflection on environmental taxation in a working group. No form of higher taxes on diesel are expected. "At the same time, an advisor Matignon conjured him, a" convergence of taxation on diesel and gasoline. "

Salvation could come from hybrid and electric cars. Renault has a range of four electric vehicles, PSA focuses on hybrid diesel (engine mid-electric mid-thermal) and Smart is the third manufacturer to produce an electric car in France. Meanwhile, the ministers take the risk of block purchasing decisions, while spring is a carrier for the car, provided that no debate on taxation does come pollute sales.

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The funny advertisements Pôle Emploi

Auto Date Tuesday, February 19th, 2013

 

Black humor, subliminal messages or personal distress … The motives of the agent job center who has posted twelve fictitious offers questionable content remain to be clarified. Time for a weekend, a few imaginary ads have been around the web and fueled the controversy.

Among the ads posted on the official website of the institution of employment in France, the counselor was offered a job shadow "Wizard / mage can create a job, transforming a branch of birch in job various branches, to show the gap between the reality of supply and demand of employment as an illusion, put your skills to job center, and add: Beginner accepted, namely snakes swallow is 1 + , stamp 1 to 100,000 euros. "  

Other examples: "Seeking consultant intelligence able to solve the following proposition: there is no solution, but problems" or offers "Psychiatrist, psychoanalyst, magnetizer … for several vacancies within Pôle Emploi, to treat its employees. Serious diseases. Applications of charlatans and jokers will not study. Type and nature of the contract: CDD two months. "

But humor slips frankly dubious when, just days after the immolation of an unemployed at the end of law to an agency job center in Nantes, post an ad offers a "fire safety officer to intervene on departures fire, prevent the risk of fire. Seat reserved for non-smokers "…

On the Web, the reaction was immediate. On twitter, many users have expressed their incomprehension.  

If you also want to laugh, consult the website of the Pôle Emploi offers Aubigny-sur-Nere low interest rate personal loans… # PôleEmploi twitter.com / ElineSideOut / s

. – ElineSideOut (@ ElineSideOut) February 17, 2013

In short, the employment center of Aubigny-sur-Nere, fun …

– Guy Birenbaum (@ guybirenbaum) February 17, 2013

. @ @ Johnquenelle guybirenbaum @ mistyelodie Yen more! is the internal dispute, Or trollage external password filters?

– Thelonius Monk (@ Monde_de_Droite) February 17, 2013

Counselor far appreciated

But the site has not been the target of a hacker, the ads have been posted by a counselor. A spokeswoman explained that "all counselors are authorized to publish job offers received. All counselors validate their content "without further verification. The latter emphasizes that it is "a first for the institution" which released last year no less than 3 million offers on its site.

Thus, misunderstanding dominates the headquarters of the Institution of employment in France. The spokesman emphasizes that the perpetrator "has long worked for the small agency Cher and is appreciated both by his colleagues as job seekers." Another counselor has taken his post pending clarification of the motives of the agent, and the decision of the institution.

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