Always worried about the pace of recovery in the United States, and after six trading sessions in the green, the U.S. stock markets fell on Thursday.

After an opening in the green, the gains were quickly erased by investors who took their bénéfcies. Thus, at the close, the Dow Jones down 0.30% to 10,446.85 points.

Yet on Thursday, enrollment weekly unemployment fell slightly more than expected in the United States during the week to July 24, at 457 000 468 000 cons (revised) the previous week, said Thursday the Labor Department.

But the Fed Beige Book released Wednesday evening has reported a recovery in global economy.But two of the twelve regional branches of the Fed said the pace of activity has slowed recently, Chicago and Atlanta, and two others have found a stable economic situation in Cleveland and Kansas City.

The primary appointment of the week is expected Friday with the first estimate of gross domestic product (GDP) which will attract the attention of investors.

Symantec picks

On the side of values, Visa (-4.32% to 71.93 U.S. dollars) yesterday issued a profit after the close of U.S. $ 716 million, or 96 cents per share, against 93 cents expected by analysts. The group's turnover is up 23% to $ 2 billion against $ 1.97 billion expected by analysts.

The publisher of Symantec Antivirus (-11.18% to 13.03 dollars) has announced an increase in its profit to 161 million dollars against 74 million last year.But the disappointment comes from the software storage management data that represent 36% of sales. The activity is down 5%. For the current quarter, the group revised downward its revenue were planning.

U.S. oil giant ExxonMobil (1% to 60.3 U.S. dollars) on Thursday posted a net profit nearly doubled on a year in the second quarter to 7.560 billion dollars, thanks to improved refining margins and higher prices hydrocarbons. Net income group share stood at 7.560 billion dollars against 3.950 billion a year earlier (+91%).

In contrast, Kellogg is sanctioned: -6.89% to 47.98 dollars. The U.S. food group said on Thursday doing worse than expected for the second quarter of 2010 due to the weakness of the grain market and declining sales of its Eggo brand.The Group's net profit fell 15% to 302 million dollars. Net sales declined 5% to 3.1 billion dollars.

Also severely punished: Colgate Palmolive (-6.74% to 78.12 dollars) with worldwide sales rose 2% to 3.81 billion dollars. Prices rose 0.5% globally, with a negative effect of exchange rate fluctuations, the company said in a statement. Its net profit grew 7% in the second quarter of 2010, to 603 million.

Goodyear Tire & Rubber Co. (-5.77% to 11.26 dollars) reported better than expected quarterly results Thursday in favor of growing its revenue and earnings generated by its business in North America , thus raising its stock exchange.The leading U.S. manufacturer of tires reported a second quarter net income of $ 28 million (21 million euros), or 11 cents per share, against a net loss of $ 221 million a year ago ( 92 cents per share).

For its part, the selling group in U.S. online Amazon (-0.23%% to 116.86 dollars) has launched two new models of its Kindle reading shelf.

Always on the side of values, the car rental company Avis (7.22% to 11.88 dollars) amounted Wednesday its bid for rival Dollar Thrifty, with 13.4% more than Hertz, 1.33 billion in cash and stock, hoping to cut short the agreement between Hertz and Dollar in April.

Also note, Chris Viehbacher boss Sanofi Aventis (-0.54% to 29.31 dollars) has confirmed that group continued to explore possible "small or medium-sized" acquisitions.He declined to comment on rumors about the interests of U.S. biotech group Genzyme. Earlier in the morning, sources cited by Reuters said that the laboratory intends to make a formal offer on Genzyme after the failure of his informal approach on U.S. biotech specializing in the treatment of orphan diseases.

According to Bloomberg, the board of Sanofi has authorized management to offer up to $ 70 per share, an offer that values Genzyme $ 18.7 billion.

Pernod Ricard has raised its annual forecast for Thursday operating profit due to improved economic conditions. The group of wines and spirits brands owner Ricard, Absolut, Havana Club, said in a statement that its sales showed a growth of 2% at constant exchange during the year ended June 30

Pernod Ricard said however that "given a negative foreign exchange impact of approximately -1% (turned positive in the second half) and a perimeter effect of -3%, primarily related to sales of brand Wild Turkey and Tia Maria, 2009-2010 turnover was slightly down -2%.

He added: "The year was marked by an economic improvement over that of last year, especially during the second half. Pernod Ricard has continued to benefit from its broad portfolio of premium brands. "

Turnover increased by 9% at constant scope and exchange in the second half, with growth estimated at 3% in the fourth quarter alone. Pernod Ricard said that Asia and Latin America are "remained very dynamic." The improvement trend continued in Eastern Europe, the United States and Duty Free markets. The activity continued to decline overall in western Europe (particularly Spain and the United Kingdom, and more recently in Greece). "

For the full year, the company is now targeting organic growth in operating profit of between 3% and 4%, while it expects an increase of 3% previously.

The turnover and the final results of 2009-2010 will be published Sept. 2.

"This is our operation this year." Michel Bouvard, MP (UMP) who chairs the supervisory board of Caisse des Depots et Consignations (CDC), sets the tone: the entry of public institution with a capital of La Poste is in itself that the Fund invests typically one year. The frame is fixed by law: The Post will benefit from a capital increase of 2.7 billion euros, 1.2 billion provided by the state, and 1.5 billion from the Fund. Must still agree on the value of the Post Office to determine what will be the level of participation of the CDC in its capital.

Twice a week since the beginning of the month, teams from the Fund – backed by Lazard and Morgan Stanley, helping Gimar Finance Supervisory Commission – and those of the Agency for State Holdings (advised by HSBC), compare analysis.Condemned, by law, to agree, the two pockets of the state does not want to go to war. No way to dwell on a range of recovery – a "fork" as an actor in the negotiations – which, however, reveals a gap of one to five.

The Post valued at 1.8 billion euros

Reportedly, in fact, the "buyer" – CDC – valued at this stage, the post office to 1.8 billion euros, including debt, when the "seller", the State, shows 9.5 billion. The discussion, in fact, is to converge to a value of The Post to be that of its own funds (4.1 billion euros at end 2009).The work involved with the management of La Poste – CEO Jean-Paul Bailly plate before the Investment Committee of the Board of Trustees of the Fund on June 23 – and the EPA have already been able to fill a (small) part of gap.

Concordant sources, Bercy proposes to extend the revenue projections and results of the public company beyond 2015, the end of the current strategic plan, focusing on the extension of subsidies for the distribution of the press, Accessibility bank or land use. This involves taking a very long-term bet, even though projections for five years been based on optimistic assumptions, as stated by the Court of Auditors paydayloans.

For example, the public company anticipates a replacement for four retirements, two times less than in 2009.It sits on a decrease of 30% "only" the volume of business mail by 2015, when erosion caused by traditional Internet this activity has accelerated with the crisis.

"Prudent investor"

The financial trajectory, finally, projects a growth of 5 to 6% of revenues the Postal Bank in the period, based on a scenario of "macro" rather rosy, particularly in terms of changes in interest rates. She bet – she is not alone – a tightening of prudential regulations on international (Basel 3) which would cost only 500 million of equity to its subsidiary … These are all the more crucial that La Banque Postale represents alone worth more than 8 billion euros.On it depends on price which its parent.

To justify the target value, the arguments must be strong: the CDC should behave "prudent investor, in strict compliance with its property interests." Especially, the recapitalization not be considered state aid by Brussels. During the presentation of the report of the supervisory committee, Michel Bouvard reiterated the goal: the investment must provide a perspective of profitability similar to the average of the other assets of CDC. "We want to secure our investment in case of degraded scenario," he says.

The Fund negotiates as a shareholder pact that would endorse the joint control with the State on the public company, it takes 25 or 35% of the capital. "The state is more favorable to have the CDC in a strong position as shareholder," says one close to the matter.The Fund would have four directors, an involvement in appointing the CEO, and a veto not only on large investments, but also the most common big decisions, like budget.

Doing better than last May 27. That was the declared objective of the unions on Thursday morning, when an earlier day of action against the pension reform was mobilized between 395,000 and one million people (according to police and unions respectively) on the streets. Since then, times have changed. The government has announced plans for pension reform last week. A text that unions have unanimously considered "unfair."

In the afternoon, the figures for participation in parades and the strike rate was rather encouraging for the Inter-CGT, CFDT, UNSA, Solidaires, FSU and CFTC, the origin of this new day of action against government project.While some 200 rallies are planned across France on Thursday morning parades that took place from north to south have already attracted more people than May 27

It says that Bernard Thibault, secretary general of the CGT:

No change in the short term. But the door remains ajar for two more months. Nicolas Sarkozy held a meeting this FRIDAY on pension reform in the presence of several ministers: Baroin (Budget), Georges Tron (Public Service) and Eric Woerth (Labour). Following this meeting, the President of the Republic has decided to send as is the bill (see the text in its entirety) to the Councils for review. No editing for now, is therefore proposed for this text which provides a gradual increase in the age of retirement until age 62 in 2018.

However, the executive says ready to developments on three issues dear to the CFDT: the situation of people who started working before age 18, taking into account the hardship and treatment of poly-pensioners (of persons covered by several pension plans).The special case of poly-pensioners had hitherto not been mentioned in the text of the reform presented Wednesday.

Nicolas Sarkozy has asked Eric Woerth offer him "at the latest before the start of parliamentary debate in September, possible developments on these topics.

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While the Paris index ended the session fifth consecutive increase, and finished with 3661 points on Tuesday night against 3330 points a week earlier, the CAC 40 does not seem to want to stop. To believe the future contracts on CAC 40, the benchmark index of the Paris market is expected to start Wednesday's session up strong, about 0.85%.

Early this morning the Nikkei is ironed beyond the 10,000 points, up over 2% as U.S. markets, which closed Tuesday night on a comfortable progression.

Around 7:30, the euro is changing the balance after his flight: he rated $ 1.23.Oil, he, trades at more than $ 77.

The large statistics of the day are American

In the euro area, 11 hours, the second estimate of inflation for the month of April will be unveiled.

In the U.S., housing starts, producer prices and industrial production for the month of May will be known between 14.30 and 15.15, before the opening of U.S. markets.Then, the traditional weekly crude inventories will be published.

Rodriguez's boss resigns after indictment

The specialist luxury yacht on Tuesday announced the resignation of its president, Alexander Rodriguez, indicted and jailed last week in a case of banditry, and substituting the group's founder, Gerard Rodriguez.

The scoring title, which had been suspended at the request of the company, will resume on Wednesday Wednesday.

Zodiac AerospaceLe group, whose sales fell 7.6% during the first nine months of its fiscal year, said receiving encouraging signs of restarting the aviation industry in the context of a more favorable exchange rates.The aerospace supplier confirms its annual targets.

In an interview with the Tribune, Zarrouati Olivier, CEO, says there is no plan to merge with another actor can French aviation capital and no operations are planned at this time with a group foreign

Distribution: showdown on judicial coffee pods Nestlé sued for infringing its competitor Sara Lee (Coffee House). According to information of Figaro, the casino dealer would also be covered by the complaint.Nestle, the world leader in food and owner of Nespresso, sued Friday in front of the Tribunal de Grande Instance of Paris the U.S. Sara Lee, which sells in France for use in coffee pods Nespresso machines under the brand Gold ( coffee house).

GDF Suez Tuesday, the group headed by Gerard Mestrallet did not hide his satisfaction at the announcement of the signing of a contract to build a gas power plant with a capacity of 1730 megawatts (MW) in Saudi Arabia . The operation is substantial. The future plant, which will be commissioned in late 2012, an output slightly above the EPR (1600 MW), for a price much lower: 2.1 billion dollars.But the first shipbuilder in the world, South Korea's Hyundai Heavy Industries (HHI) said Wednesday it signed a $ 1.6 billion to build a power plant in Saudi Arabia. The group said it would construct the power plant using gas from 1729 megawatts (MW) by 2012.

Suez Environment Group said Tuesday night that AA successfully placed a bond issue of 500 million euros over 12 years, due 2022 at a rate of 4.123%.

Sanofi Aventis French pharmaceutical group has signed an agreement to acquire Canadian independent group Canderm, a specialist in dermatology.This acquisition will allow Sanofi-Aventis to double its turnover in public health in Canada, according to a statement.

In addition, the company managed to obtain a refund of the medicine disorders dy heart rate, Multaq, 65%.

The Asian market opts for the balance Wednesday. The financial markets of the region remain hesitant, choosing to climb slightly backward or frankly, like yesterday.

In Japan, the Nikkei opened up 0.08% and ended the session at a level almost identical: -0.04% to 10,563.92 points. The Topix, meanwhile, loose at 0.21% closing at 922.44 points. The activity was moderate with 1.62 billion shares traded on the market first.

However, two macroeconomic statistics might have to move markets. The first concerns the orders for machine tools, which fell 3.7% in January compared to the previous month, down less than expected. Similarly, China has announced a third consecutive increase in exports in February. The country recorded a trade surplus of 7.61 billion, an increase of 45.7% compared to February 2009.This is their highest rate in three years. Imports have also risen sharply, from 44.7% a year.

But markets remain very active. The meeting was mainly Japanese saw a further drop of 1.3% of Toyota shares. A new incident involving a Prius has been reported in the United States Tuesday. Experts from the road safety authority of the U.S. have to go to San Diego to inspect the vehicle who escaped the control of its driver payday loans no teletrack .

Asian investors do not follow the rise recorded by the New York Stock Exchange yesterday. Wall Street had ended on a small rise of 0.11%, led by the announcement by Cisco Systems launched a new ultra-powerful router.

Exchanges in the region in a piecemeal

The Stock Exchange of Hong Kong seems impervious to macroeconomic figures published.The Hang Seng index is up 0.02% to 21,215.50 points. The Shanghai Stock Exchange loose his side was 0.32% to finish up 0.52% to 3059.27 points.

The S & P 200 Australian stable points to 4820.

Korea's KOSDAQ takes 0.33% to 1277.10 points. The Bombay Stock Exchange climbed more strongly from 0.64% to 17,161.48 points.

Oil down

Crude oil prices retreated Wednesday in electronic trading in Asia. The barrel of light sweet crude for April delivery dropped 16 cents to 81.33 dollars while the price of Brent North Sea, with identical maturity, lost 20 cents to 79.71 dollars.

Investors now await the release of weekly statistics on the state of stocks of petroleum products in the United States. Analysts expect an eighth consecutive weekly increase of oil reserves by 1.7 million barrels.

It took six days to break his silence. And yet the world was waiting he speaks. The Awards were panicking. The warning is part late November, when Dubai announced that its conglomerate Dubai World, is struggling to repay 59 billion in debt. As negotiations with creditors ahead delicate, Sheikh Mohammed has given an appointment on 1 December, journalists at the entrance of Dubai Media City, the neighborhood where settled CNN, AFP and al-chain Jazeera. Under the sun, disdasha white sunglasses and beard neatly trimmed, he stopped two minutes before the cameras. In fact interview, he let out a pithy phrase: "Dubai's economy is strong." He also regretted "the lack of international investors" before philosophizing on "Fruit Trees always attacked by those who throw stones.The allusion, acerbic, was aimed at Western media he despises. Then he climbed into his 4 ? 4 white. Scholarships and fell again.

"His Highness is very determined"

This attitude, princely or haughty as the interpretation is actually not worth that friends at HRH. "He laughs at the criticism even if they hurt his pride," says one of its brokers. At age 60, Sheik Mo has shown the other Gulf monarchies it is not just the oil life. So Abu Dhabi prides itself on culture and joined the Louvre. The Sultanate of Oman has made ecology by building on its magnificent scenery. As for Qatar, it develops its universities.

Sheikh Mo himself, runs Dubai like a business. If an order, it must be executed finger on the seam of his trousers."His Highness is very determined, confided the CEO of Emirates airline, Sheikh Ahmed, the magazine Vanity Fair in 2006. To follow, he must recharge his batteries at 100% and give everything. "This has enabled the micro-state to jump two centuries, between 1990 and 2009. But when crunch time, he must reassure communicate, the man is rare.

Born in 1949, Muhammad is the heir of the Maktoum dynasty. Bedouin who have settled in Dubai in 1833. In this small port that saw trade and smuggling, child's little prince is so spartan. Running water, phone, electricity, roads do not exist. At nightfall, on the creek, we lit the oil lamp. "We played ball on the dirt floor, we did not travel and we had no government," Sheikh Ahmed confided to Le Figaro in 2003. Mohammed was 9 years old when his father, Sheikh Rashid, seized power.The oil discovered offshore in 1966 freed the royal family of the dependence of ancient Arab traders, Iranian and Indian.

Visionary Sheikh Rashid began the first stage of modernization of Dubai. In three decades, he transformed the inlet in a regional logistics and industry. In 1966, Mohammed was sent to Cambridge to learn English. In 1971, the British left the Arabian Peninsula. Abu Dhabi, which owns the majority of oil resources, and Dubai, plus the best location, create, with five mini-states, the federation of United Arab Emirates. At age 21, instead of continuing studies, Mohammed is powered defense minister. Despite the turmoil in the region, his country is developing slowly but surely.

The privacy of Sheikh Mo is as secret as eventful.Horseman, he created a stable of thoroughbreds Godolphin, who became the great rival that of the Aga Khan. Each fall, he is one of the best customers at Deauville. In winter, the horses are in the sun in Dubai. In April, they leave by plane for Europe. Except this year as the Godolphin stable has been accused of doping. Sheikh Mo also owns the largest yacht in the world. He publishes his poems on the Internet. Married several times, he would have 19 children – eight girls and eleven son – now aged between 2 and 27 years. His biography on his official site does not mention them. But many of those princes and princesses have a page on Facebook. Like all young surfers today, they have taken hundreds of photos for free access.In a few clicks, one discovers the Sheikh's private life: the inside of his jet, his palaces, his children, their holidays in Europe, stretching their albino tiger on leather couches, their hawks. In the family album, just missing the wives and mothers.

Cape Town Tourism

On October 7, 1990, the life of Mohammed switches. His father, Sheikh Rashid, died after a long illness. The eldest son, Maktoum, ascends the throne. Mohammed became crown prince. But it will always be regarded as the true boss of Dubai, well before the death of his brother in January 2006. Surrounded by bodyguards brilliant ?miratiens commoners, he began the second stage of the transformation of Dubai. Cap on tourism, shopping, services and finance.With hundreds of thousands of workers forced laborers to thank you, he built skyscrapers, shopping malls and luxury hotels, including the famous Burj al-Arab, a 7 star hotel. Ski, giant aquariums, artificial islands, tallest tower in the world: everything must be extraordinary. Within a radius of 10 000 kilometers, Dubai is the only place where there are any consumer product, where women have no constraints imposed on Iran and Saudi Arabia.

Sheikh Mo, whose appearances are rare except in the photo on the property, has no ambition in international politics, but it pushes the girls to pursue careers and encourages entrepreneurs. "We are 1.5 billion Arabs which 50% are under 25 years. If we can save them by giving them meaningful employment, we will avoid to be extremists. "Strange speech, but little understood.Only the expansion of Dubai forced march draws attention. Speculators took power. And miscellaneous multiply: turning the car ram into a jewelry, demonstrations of "slave laborers" settling of accounts between the Russian mafia, rape of a young French … Sheikh Mo has also suffered heavily from the anti – Arab Congress in Washington opposed his bid for U.S. ports. According to Forbes, the fortune of the master of Dubai has shrunk from 28 to 16 billion dollars between 2008 and 2009.

All eyes are now turning to his son, Hamdan, 27 years. Nicknamed "CP" for Crown Prince, the military trained at Sandhurst in Britain has it in hand, the soul of a communicator. Familiar with Facebook, he put his videos on YouTube.The latest shows his impressive collection of cars, hundreds of cars, Ferrari, Rolls Royce, Porsche … Another clip presents declaiming, for five long minutes, a speech in Arabic on a thoroughbred in the desert or caressing lioness on a beach. His poems are "coo" of thousands of young women. Nice kid, he is Prince William of the Middle East.

Meanwhile, his father is negotiating with international bankers from whom he borrowed too. Next Monday, Sheikh Moh will have repaid a portion of its debt. One thing is certain: the economic model he developed for Dubai showed its flaws and shortcomings. His son did he understand? Does he realize that he must invent a new one?

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To adapt to the crisis in air transport, Air France, like other airlines called "majors", decided to rethink its medium-haul product, ie flights which term is understood between 3 and 6 hours. A new offer which will be implemented from 1 April 2010. Instead of reducing the service drastically, as did its competitor, Air France decided to maintain the same level of service differentiating by class of travel.

The cabin is now divided into two parts. At the front of Class Premium Economy (the former Tempo Challenge) and the Premium Business Class (formerly Space Affairs) will be consolidated and will no longer be separated by a curtain. Both classes will be entitled, as before, the same meal service, but passengers will be seated Affairs four abreast, while Premium Economy passengers will be six.Those travelers will still be entitled to 30 kilos of luggage, two units if they wish, and they have the freedom to choose their seat.

At the rear of the cabin, economy class where the service will be reduced but will remain free. Passengers will still be entitled to a free allowance of 20 kilos of luggage, but in one unit. In fact, 14% of passengers who were carrying more baggage will either consolidate or pay extra. One way for Air France to make them bear the cost of baggage multiple handlers for it to charge for their services part.

Tickets become tradable through all 50 euro

A booking passengers can choose between a window or aisle seat. All tickets will become tradable through 50 euros, even for the lowest rates. On the other hand, no need to settle the tickets now.Subject EUR 10 passengers can keep their option for 7 days.

All fares are combinable, which curiously is not the case today, we may as well enjoy the best rate in both directions. On the other hand, the French company will significantly reduce its price, around 20% in Premium Economy, the preferred class of business because the tickets are changeable, exchangeable and refundable. This new medium-haul product is also expected to review the number of flight attendants on board approaching the international rule of 1 to 50 passengers. Some devices like the A321 was still crewed more fleshed out.

Finally, to avoid "slept out" of its crews, Air France will remove some routes late departure of France abroad and return the next morning morning.This should not affect the passengers, the airline based in most cases on its partners to perform. For example, Alitalia in Italy and Air Europa in Spain or Austrian to Austria. One wonders, however, that in this consolidation, Air France did not extend to European capitals to use his membership card, which has been very successful in France. This would have enabled SMEs to obtain discounted rates as well as large enterprises and Air France to better retain its customers by diverting the low-cost.

Is a government grant for debt relief really just a loan or is it something even better? Fortunately, the answer is that it is much, much better than obtaining a debt consolidation or another type of consumer loans. In fact, a government grant is actually a gift given by the government for a particular reason for a person seeking such a gift? which the government is seeking funding. "

This gift should never be repaid, interest charges and can never be given for almost any reason as long as the application provides necessary information for government critics to come to a decision lit. This usually means, of course, that the person seeking a grant for debt relief needs to show real and serious.

This need must also show that there is no other way to repay this debt and that the real threat of bankruptcy is if the grant is not approved. Currently, the federal government is very concerned about the growing number of bankruptcies and our faltering economy.Consequently, he came to the conclusion that helps to avoid bankruptcy is probably good for the economy.

Out of a number of good sites on the Internet that can help them get and then educate a person on how to complete an application for government subsidy. The government Web site on federal grants is also a good starting point, although it may be too bureaucratic and a bit confusing at times. Therefore it is probably a better idea of working with a Web site of the private sector in this case.