Sundial of world news

The U.S. stock market, resumed a little height on Wednesday. The Dow Jones gained 0.16% and the Nasdaq 100 rose 0.56%.

On Tuesday, world stock markets were down, investors preferring to play the card of caution after the euphoria on Monday to adopt a rescue plan record eurozone.

In New York, Wall Street, after a volatile session, ended without a clear direction. The Dow Jones lost 0.34% but the Nasdaq has gleaned 0.03%.

In Asia, after the euphoria of Monday, markets showed frank declines, dropping 1.14% Tokyo, Shanghai, registering its lowest level in a year and Hong Kong is also in decline.

The euro erased its rebound

If the map of European aid, worth up to 750 billion euros, reassures markets in the short term, many questions remain, particularly on longer-term impact of these measures.Sign of the nervousness and doubts of investors on the foreign exchange market, the single currency, a barometer of the crisis in the eurozone, is moving in the morning to around 1.265 dollars, erasing Monday's rebound that had propelled briefly above the bar $ 1.30. Uncertainty room also has propelled gold to above. The ounce of precious metal has reached 1235 dollars in Hong Kong on Wednesday morning.

Growth in the euro zone came out at +0.2%, in line with expectations of economists. In contrast, French growth was limited to 0.1% against 0.5% in the fourth quarter of 2009. Economists were expecting 0.3%.

In the United States trade deficit continued to widen in March to its highest level since December 2008, according to figures released Friday by the Commerce Department in Washington.It rose 2.5% from February, to $ 40.4 billion (when adjusted for seasonal variations), the ministry said.

Investors will also monitor around 16:30 the traditional weekly crude oil inventories.

Oil prices hovered around equilibrium Wednesday at the opening of trade in New York. On the New York Mercantile Exchange, a barrel of light sweet crude for June delivery traded at 76.13 dollars, down 24 cents from the previous day.

Values follow

On the side of values, the U.S. company General Motors (GM) plans to get back into the auto financing, either by buying out his former division of loans, the former Ally renamed GMAC Financial, is launching a new company, understands the Wall Street Journal.GM sold its controlling stake in its former finance division in 2006, which represents a disadvantage compared to competitors who have a home finance division, the newspaper said.

The American group of media and entertainment Walt Disney Company on Tuesday said net income up 55% for the second quarter of fiscal year to offset $ 953 million, thanks to the success of the film "Alice in Wonderland."

Also noteworthy is the video game publisher Electronic Arts has announced a profit of $ 30 million, or 9 cents per share, against a loss of 13 cents last year.

The third Chinese airline, China Eastern, on Friday announced a membership agreement from June 2010 with the Skyteam alliance is located in, including Air France-KLM. His entry will be effective in mid-2011. Companies Delta Airlines, Alitalia, Korean Air or another Chinese company, China Southern, are also part of Skyteam.

Air France-KLM had already signed a partnership with China Eastern on code share flights between Paris and Shanghai. For the French company and the alliance, the future membership sounds like a victory against the other alliances such as Oneworld and Star Alliance. Skyteam marks indeed a great point against Luftahnsa who was also in the running.Thus deviend Skyteam alliance, the largest in China, probably the greatest future aviation market in the world.

More chess with Japan Airlines and Kingfisher Airlines, which joined Oneworld, Skyteam revives success. Oneworld not in its ranks as Cathay Pacific to Asia as the marginalized in this market.

However, doubts remain about the relationship with China Airlines Star Alliance, which had signed a trade agreement with China Eastern.

In June 2010, SkyTeam also plans to host two additional members, Vietnam Airlines and Tarom.

When the CAC 40 has broken the 4,000-point mark on Thursday, the big question was whether to save on Friday. The European Agreement on the mechanism of aid to Greece found Thursday evening brings a half-hearted: the Euro advanced slightly Friday at 1.3352 dollars (0.35%) and the CAC 40 back from 0.24% to 3990.99 points. Investors are cautious, discussions among European leaders to continue this Friday in Brussels. As like to remind analysts, this bar is a 4,000-point psychological barrier.

Apart from acting and the end of the summit European markets will also be attentive to 13.30 at the third estimate of U.S. GDP 4th quarter 2009.The first two estimates have revealed a U.S. GDP to 5.7% and 5.9%.

As for values, in the absence of results announcements in France, all eyes remain fixed on the bank stocks.

But also Renault and Daimler in: according to information from Figaro, both constructeursdevraient sign their alliance following a special board convened by Renault for next April 6.

In a speech to the press, St?phane Richard, the new boss of France Telecom, unveiled the outline of his managerial plan. He said such a "dialogue was established between my team and the social partners".

The trial of Antoine Zacharias, former CEO of Vinci, was opened on Thursday.He criticizes the spectacular amount of his remuneration: a severance bonus of 12.5 million euros, an annual retreat of 2.1 million euros of capital gains on stock option of 124 million euros.

According to the site of the expansion, the Franco-American investor Guy Wyser-Pratte wants to reorganize the governance of Lagard?re, he wants to evolve into a limited company.

Wall Street began the week slightly up on Monday after the Friday on sustained growth markets. The Dow Jones gained 0.18% at 10,585 points, the S & P 500 rose 0.17% to 1141 points and the Nasdaq ahead by 0.16% to 2330 points.

In the United States, week market will be under the sign of the American consumer. The two major economic indicators this week, published Friday, will be the sales details for the month of February and the preliminary estimate of consumer confidence. For specialists Aurel BGC, household consumption should remain strong after the employment figures released Friday very reassuring. Analysts fear, however, that severe winter weather does not disturb the profile of these two indicators in the short term unsecured personal loans .

For the year 2010, Air Nostrum, a subsidiary of Iberia, will reopen the line to Barcelona operated twice a day, however, EasyJet will increase its capacity to Charles de Gaulle and Air Austral to La Reunion. To facilitate access to the airport road has been reviewed and a new 3 700 parking spaces is under construction. It will then improve the service between the airport and downtown."We do not oppose the construction of parking and improved public transport," says the President to the attention of elected officials.

An open house is scheduled Saturday, March 6 just before the commissioning.

Globally, the hierarchy for guidance in mergers and acquisitions is respected. In 2009, the U.S. Jones Day has recorded the highest number of cases, according to news site finanaci?res Wansquare. The British Freshfields Bruckhaus Deringer and Linklaters are close behind in second and third.

In Europe, Freshfields took the lead law firms, both in amount and number of deals advised. The former leader Linklaters earned second place in both categories.

For the French market, Cocorico! The French Gide Loyrette Nouel is spawning the second place, behind the British Linklaters and the U.S. to Jones Day.

The number one European military shipbuilding organized to address the decline of its activities with the Navy. The group wants to go for growth internationally and into new businesses such as civilian nuclear energy and marine renewable. In an interview with Le Figaro, said Patrick Boissier issues of its strategic plan to 10 years.

Le Figaro .- Eleven months after taking the helm of DCNS, how do you establish diagnosis of the situation now?

Patrick Boissier

After a year and a half behind schedule, the military transport plane A400M will finally soon make its first flight. A spokesman for the German Ministry of Defense said Thursday that the first flight will take place on 10 or 11 December in Seville (Spain). He said that "of 11 is most likely. For its part, Airbus Military has just announced a flight to "the end of the week" next. The exact date will depend on the results of ground tests and the weather.

The transport aircraft propellers powered by four turboprop engines have been flying in summer 2008 but has suffered many delays because of development problems, particularly related to its engine. Deliveries to the armies are in turn delayed by at least three years and will not occur before late 2012 at the earliest.Germany, France, Spain, United Kingdom, Turkey, Belgium and Luxembourg have ordered a total of 180 aircraft.

The troubled conglomerate Dubai World announced on the night of Monday to Tuesday a forthcoming restructuring of some of his companies, including real estate giant Nakheel, which could include the sale of assets.

In his first statement since the crisis began Wednesday, Dubai World said that "the process of restructuring will involve World Nakheel and Limitless World" but not other group companies, including the giant Port DP World, "who are in financial stable.

The conglomerate said that "the restructuring process will include several phases which (…) evaluation of options, including asset sales.

He asked the bondholders to appoint Nakheel "an authorized representative with whom discussions can begin.

The Dubai authorities have announced November 25 their intention to request a six-month moratorium on the debt of Dubai World. The moratorium on the payment, provided December 14, 3.5 billion of Islamic bonds by Nakheel.

"Dubai can not stem the crisis