Sundial of world news

Industrial prices rose modestly in December on the French market, 0.2%, the same pace as in November, according to figures released Monday by the INSEE. For the full year 2009, producer prices have therefore fallen by 2.9%.

In December, prices of refinery products rose only slightly by 0.8% over the month, against 3.3% in November and 3.2% in October. For export, prices have remained quite stable (+0.0%) moderated by lower export prices of refinery products, by -2.1%. "The difference in recent developments in relation to the internal market (+0.8%) from a structural difference in sales depending on the market," said INSEE. In imports, industrial products remained almost stable at 0.1%.

To increase its capacity from 6 to 8 million passengers per year, the airport of Toulouse, who is now a publicly owned company, had decided before the crisis, to build the new hall. A very bright and functional addition to three already existing.

The architect Toulouse Gerard Huet, who was responsible for this achievement which cost more than the 100 million euros. A terminal voluntarily generalist who will be able to accommodate both the needs of low cost carriers as majors. It has been sized to be extended if the request came. There is, for example, 12 banks record that could very easily become 24. "This is not because we built a terminal that airlines and passengers rush!" Says, however, very pragmatic, Jean-Michel Vernhes, Chief Executive of the airport.

Without falling into the trap of subsidy per passenger demanded that certain low costs "of practices which we reject," he says talks continue with low-cost airlines, which now represent 17% of the traffic bad credit payday advance .

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

Dark period for producers of solar energy. Q-Cells, one of the world's leading manufacturers of solar cells, reported a loss of nearly 1 billion euros over the first nine months of the year, against a profit of 150 million euros over the same period in 2008. Its turnover in nine months has, meanwhile, fell sharply by 40.9% yoy to 550.3 million euros.

The group Q-Cells said the decline coupled turnover and results by falling prices of photovoltaic cells, a background of economic crisis and increased competition from Chinese manufacturers, which enjoy much lower costs and massive government aid programs.

The Conergy Group, number two German industry has recorded its share down 41% of its sales in the third quarter while its counterpart Phoenix Solar, which specializes in installing solar panels on the roofs of buildings, revised downward its forecast for growth in turnover.

The Chinese group JA Solar is one of those who profit from the current weakness of its European competitors. With a volume of record quarterly shipments, the Asian group could return to profitability in the third quarter.

To adapt to this changing market, Q-Cells, as rival Norwegian Renewable Energy, has already started to transfer Asian part of its production to reduce costs.

Listed on the Frankfurt Stock Exchange, the action Q-Cells lost 3.86% to 10.93 euros in mid-session while Phoenix Solar yielded 4.88% to 35.10 euros.Conergy was also in the red, falling 2.53% to 0.77 euros.

Around 12 h 20, the CAC 40 rose 0.7% to 3770 points. The confidence seems to come on the market. Traders were cautious in the morning while Bank of America has trouble repaying the $ 45 billion loan from the state without affecting the level of its own funds and that rumors of a massive increase of capital around the title .

Values follow

Michelin (+1.2%) recorded a turnover down 10.9% in the third quarter to 3.75 billion euros, due to declining world markets tires.The decrease in sales amounted to 12.5% in the first nine months to 10.9 billion euros.

Dassault Systemes (7.29%) recorded the largest increase in the DTH after announcing it bought IBM's sales and customer support related business applications lifecycle of products, for 600 million dollars.

Societe Generale (-1.15%) denied information published in Le Monde, which referred to a proposed alliance between the bank and Credit Agricole (-0.64%). Moreover, the bank will abandon its green activities in retail banking in Uruguay for "strategic reasons" to focus on Europe and the Mediterranean.

Publicis (+1.36%) reported a sales decline for the third consecutive quarter, by 5.3% to 1.047 billion euros.The group emphasizes that "The fourth quarter should be better on the third, the market for Publicis.

Alstom gained 0.75%. His arm Alstom Transport will remove 500 jobs in the United States on an assembly of equipment. Title Alstom rises of 1.23%.

Plastic Omnium (-1.63%) announced a consolidated turnover of 1.742 billion euros over the first nine months of 2009, down 16.4%.

Faiveley Transport (-9.21%) displays the second quarter of 2009/2010 a turnover of 198.5 million euros. The first half of the year, the group's activity amounted to 414.6 million euros, an increase of 8%. Faiveley lost 0.86%.

The turnover of NextRadioTV (0%) stood at 82.1 million euros at September 30, 2009, down 3%.

The turnover of Manitou (-2.89%) fell from 47% in the third 2009 at 146.7 million euros."The business continues to decline (especially due to agricultural market disruption) but slower than earlier this year," the group said.

The Blackstone investment bank specializing in particular mergers and acquisitions and capital investment, consider an IPO for eight of its companies next year. The group hopes that its companies will be fairly valued at their introductions to "cover the costs significantly," says founder Steve Schwarzman, quoted in newspaper financial columns of the Financial Times.

The daily sees this decision BlackStone new confidence in the market by the U.S.. "The worst is behind us," said Steve Schwarzman.

The Blackstone Group, founded in 1985 by two former Lehman Brothers with $ 400,000, has itself been brought public in June 2007 with a capitalization record 40 billion U.S. dollars.

After the first American publications published last week, it was the turn of Europe to present their financial results for the third quarter. The Dutch Philips leads with results above analysts' expectations.

The group specializes in electronics and home appliances has announced a turnover of 5.62 billion euros, down 11% over third quarter 2008 but slightly above the consensus.It appears in net up 19% compared to sales of second quarter 2009.

Net profit reached 176 million euros, three times that of the same period in 2008 while analysts by Dow Jones Newswires had forecast about 45 million euro loss.

In the statement released Monday, Gerard Kleisterlee, president of Philips, notes the significant improvement in sales and profits in most of its activities in the previous quarter but remains cautious on the outlook in the short term absence of structural recovery on these same markets. The Philips Group employs 118,000 people in sixty countries and has made 26 billion euros in turnover in 2008.

After Philips, Electrolux is another giant appliances, which will publish its results in the day.The U.S. aluminum producer Alcoa opened the quarterly earnings season last Wednesday with results exceeding consensus expectations. This week should be decisive on the equity markets with the simultaneous publication of several large U.S. banks such as JPMorgan, Goldman Sachs and Citigroup Wednesday and Thursday.