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Carrefour and its major shareholders still have progress to make to master the subtleties of samba. The merger of the Brazilian subsidiary of global distributor with the second casino, Grupo Pao de Acucar (GPA), is abandoned.

Scaffold for months in the back of its local partner Casino Abilio Diniz (President and owner of 21% of GPA), with the support of BNDES, the Brazilian equivalent of the Deposit, the project would have allowed Crossroads take control of all activities involving the two Brazilian groups. The company, known as Pao de Acucar Novo, would have made 30 billion euros in sales and held 32.3% of the local market, against 11.1% for the U.S. WalMart.

Las.The latter, entered the capital of the retailer in March 2007, when the action was worth 53 euros, have increased the project, or attempted to bounce the stock price, which dropped by half since: sale of Brazilian and Chinese subsidiaries , public offerings of real estate branch, split Dia. In vain.

Brazil lost the battle has also cast a cruel light on the performance of Carrefour in the country, its first growth opportunities ahead of China payday advance lender. Abilio Diniz revealed that the operating profitability of Carrefour Brazil was 1%, seven times less than that of GPA. Casino and pointed the loss of market share of hypermarkets in Brazil, for the benefit of supermarkets and convenience stores.If its chain of wholesale stores Atacadao is a success, Carrefour, local leader, sees its hypermarkets suffer against those of Extra, a subsidiary of ABM.

Overconfidence

After 550 million of provisions recorded by Carrefour last year as a result of accounting fraud at its Brazilian subsidiary, the latter saw his image tarnished again. The withdrawal of the BNDES also shows that Carrefour had underestimated the political power relations in Brazil, or too trusted Abilio Diniz …

If new proposed combination with GPA must be submitted to the board of Carrefour in the coming months, it would still be opposed to casino, and no political support in Brazil. This time, the independent directors of Carrefour might well make their voices heard.

This year, 12 million tax returns were made via the Internet, according to Bercy. Now a taxpayer in three (there are 36 million homes tax in France) chose the Web to meet in the spring of this task which then allows the tax authorities to calculate the income tax (IR) to pay.

Set up in 2002, the Electronic Filing is getting stronger year after year: 7.4 million followers in 2008, 10.5 million in 2010. This is due, among other things, the simplification of the system. In 2009, the State has decided not to ask for electronic certificate, which allows their returns from any computer. The IR, which is paid 53% of the 36 million tax households, reported 47 billion euros to the state in 2010.

Brussels off again to war against the invoices received shock after summer vacation by Europeans who used their laptops in a neighboring country with a new legislative proposal expected this week.

The Commission often evokes the German and French tourists who go to Spain, to use their phone to call or download a movie, as they would at home, and are then claiming hundreds or even thousands of dollars by their operator.

Commissioner for telecoms, Neelie Kroes, on the other hand aims to have a genuine single market for telephony in Europe by 2015 with a near zero difference between the price of mobile home and those roaming abroad ("roaming").

Neelie Kroes will present a legislative proposal Wednesday to allow Europeans to buy separate packages for their specific communications abroad, with the operator of their choice without having to change the number. The proposal, which will be submitted to MEPs and EU governments, would take place from the summer of 2014.

Three out of four are rationing their calls abroad

The EU currently imposes maximum prices, called "Eurotariff". Introduced in summer 2007, initially only for voice calls, they were reduced steadily and expanded to other mobile services like SMS.Brussels will propose to extend the Eurotariff, which were removed in 2012 but will remain until end 2016, and continue to drive down.

From a maximum of 35 cents per minute excluding VAT today, roaming voice calls could fall to 32 cents in July 2012, 28 cents in July 2013 and 24 cents in July 2014. For receiving a call, the Euro-tariff increase from 11 cents a minute today to 10 cents in July 2013. And the price of SMS would decrease by 11 cents today to 10 cents in July 2012.

Brussels wants to finally introduce a new price limit on data downloaded when the user surfs the Internet, check e-mails on a BlackBerry or iPhone … Retail prices are still about 50 times higher abroad that domestically, in Brussels.Such prices are "a nightmare for businessmen, tourists, young people," who "do not dare to use their mobile phones, let alone multi-function" when traveling in Europe, denounced Neelie Kroes.

A European survey published in mid-February has proved him right: 72% of European travelers surveyed said limit their roaming calls because of their cost.

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Here are the planned changes on 1 July 2011.

• Retirement

The law on pension reform, enacted November 10, 2010 after a long parliamentary battle will come into effect on Friday. The legal age will gradually increase from 60 to 62, with four more months per year. The first people affected are those born after 1 July 1951.The age of the full rate – that is to say that from which an employee receives a full pension even though he has not contributed enough quarter (165 quarters forward) – is raised gradually from 65 to 67 between 2016 to 2023.

By persons possessing a degree of permanent disability of at least 20% and, after notice of a multidisciplinary committee, those possessing a degree of permanent disability between 10 and 20% are still able to go to 60 years.

• SMIC

The minimum wage was last adjusted on 1 January will not be automatically upgraded in July. The rise in prices which reached 2% since last revaluation of the minimum wage – could lead to an increase in August the minimum wage indexed to inflation.Prime Minister François Fillon has also been clarified that no additional boost would be granted.

• Unemployment benefits

Unemployment benefits will be revalued by 1.5% from 1 July, decided Thursday Unédic or at a rate lower price developments and the minimum wage increase of 1.6% occurred at the beginning of years. "The debate was very long to the Board of UNEDIC" consisting of representatives of employers and employee organizations, which manage all unemployment insurance, said the president of UNEDIC, Gaby Bonnand at a press conference.

• Transport

– SNCF: the prices of train tickets will increase by an average of 2.5%. This increase will, as every year, uneven tickets. It will range from 10 cents to 2.70 euros by destination.The price discount cards remains unchanged.

– RATP Navigo Pass packages will increase by 2.7%, except for Zone 5. Zone 6 is removed and merged with the 5, which will mechanically decrease by 11% the price paid by its users, reduced from 123.60 to 109.90 euros for a monthly fee. In detail: the monthly zone 1 and 2 increased from 60.40 euros to 62 euros (+2.6%). That of zones 1 to 3 passes to 80.30 euros (+2.7%), and that of zones 1 to 4 to 98.10 euros (+2.7%). The single ticket remains unchanged at 1.70 euro.

The bus fare increases to 1.90 euro (+5.5%), while the book of 10 tickets will increase to 12.5 euros (+4.2%).

• Energy

– Electricity: Household bill increases of 2.9%.The industries and large companies take 4.4 to 4.9% according to the rate at which they are submitted.

– Gas: gas rates for individuals do not change, but those businesses increased by 3.2%.

• E

La Poste has announced that the price of postage for mailings of letters under 20 grams would rise by two cents, from 0.58 to 0.60 cents.

• Mobile Phone

The price of mobile communications passed from another European country down. It will now cost 42 cents per minute against 47 before. Subscribers operators in metropolitan departments and overseas subscribers Dom operators in mainland France also benefit from lower rates.

• Environment

A thousand everyday products will be subject to an experimental display decided at the Grenelle Environment Forum.Packaging will be accompanied by a statement indicating their carbon footprint and their impact on biodiversity, water, etc..

• Bank

A summary of bank charges (basket of services, payment systems, operational occurrences, agios) will now be on the monthly bank statements, which also display the ceiling of the overdraft.

• Pets

The electronic chip designed to identify the pet becomes mandatory for all animals that will travel outside French territory.

(With agencies)

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Background music, soft lighting, warm colors (brown and fuchsia), wooden floor and comfortable temperature: it is almost like a trendy bar. Yet although a supermarket of 550 square meters, opened two weeks ago in the heart of Marseille and named a new sign, "Unlike our competitors, with their sizes or City Express, we want to customers to spend time in store, "says Jean-Pierre Lanzetti, CEO Casino Near (Petit Casino, Vival Spar, Via Italia).

Casino Shopping and smaller version, Casino Shop (for stores with less than 350 square meters), may well flourish everywhere, if the group is satisfied with its test stores. After Marseille, a second will open in early July in Saint-Etienne, home of Casino, and eight small casino (in Lyon and Toulouse in particular) will be processed before the end of the year.The identity of the 1,800 stores, including "the grocer is a great guy" is fourteen years old and needed to be brought up to date.

Casino would react. Most of his competitors in fact lead the last two years an unprecedented drive to win in the city center, where the band Saint Etienne, which also owns Franprix and Monoprix, is in a strong position. Carrefour (City Express), Auchan (City and A 2 Step), Intermarché (Express) and Système U (Express) are all involved in a renovation or repositioning their format.

Deployment in 2012

"We take the time needed, the possible deployment of Shopping Shop and intervene only next year, wants to warn Jean-Pierre Lanzetti free business cards. The company decided to change many parameters at once.Employees are identified by their first names, the furniture is curved, the loyalty card enters and fresh produce, other than fruit and vegetables, are behind the doors are transparent, allowing the passage to reduce the energy bill of a quarter.

"We mainly worked on the set," says Jean-Pierre Lanzetti. Ranges and frozen drinks have been reduced in favor of fruits and vegetables and a large beauty department, which was missing in the Casino supermarkets. Creams, mascara and brushes already represent 15% of revenues Shopping Marseille. Of the 9000 references proposed products snacking Chez Jean (another sign of the group being tested since early 2009), and decorative packaging items from many parts of France. One can even order his coffee machine via a touch screen.Ultimately, this approach to extend the offer could affect other products.

To combat the image of dearth of supermarkets in the city center, prices have been reduced "from 15% to 18% compared to an equivalent Petit Casino," says the general manager of the branch nearby, betting on higher volumes .

The company has another trick: it forms partnerships with its suppliers to its customers enjoy benefits fidelity on Kronenbourg beer or cookies BN: "We have 100 partners to date that offer our clients 10 to 25 % discount, by September we will have 400, "says Jean-Pierre Lanzetti.

Who would have thought the always cautious Jean-Claude Trichet capable of launching such a stir in Europe? Five months after the end of his term as European Central Bank (ECB), the Governor, who found himself back on Thursday a prestigious award in Germany for the title of his contribution to European unification ", took the opportunity to deliver a will in the form of scathing: "Would it be too bold an economic standpoint, a single market, single currency and a single central bank, to consider a finance minister of the Union?" A proposal which requires no more or less, to revise the European Treaties … This hypothetical finance minister, seen by Jean-Claude Trichet, should ensure that each Member State's compliance with fiscal rules and competitiveness criteria dictated by Europe . And if this is not the case, it would have means of intervention.In short, what elicit strong reactions from Member States, always jealous of their sovereignty. However, the governor insists that wiped the plaster of the single currency, "interdependence means that countries do not have full internal facto authority. They may experience crises caused entirely by the adverse economic policies pursued by others. " Clearly, the worst loss of sovereignty is not accountable to a European authority, but to see its economy to its knees because of the excesses of its neighbors, such as Portugal just made the bitter experience business card.

A veto

The Greek debacle – Jean-Claude Trichet was careful not to comment directly – is at the heart of his argument. How to avoid crises in the euro area? With more monitoring. But also how to manage them when they erupt? Much more proactive."In the current scheme, all decisions remain in the hands of the country concerned", said the central banker, hoping to capitalize on annoyance with the efforts judged inadequate in Athens.

In the future, he advocated a policy in two steps to help struggling countries. "At first, it is justified to offer financial assistance in the context of a strong adjustment program. It is appropriate to give countries the opportunity to redress the balance for themselves and restore stability. "But if that does not work, the Governor argues for a direct influence of Frankfurt and Brussels."One might imagine that the European authorities have a right to veto certain decisions of economic policies." Of the major tax expenditures, for example. In short, if in Aachen, Jean-Claude Trichet cited bulk Erasmus, Victor Hugo and Kant, it was the accent of Martin Luther King that animated: after eight years at the ECB, the Europhile could have concluded " I have a dream "…

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British phlegm is not what it was. Exasperated by American diplomats who refuse to pay the London congestion charge ", the congestion charge in place since 2005 to move or to park in the capital, the conservative mayor of London, Boris Johnson, has decided to directly attack the President Barack Obama.

Taking advantage of his official visit this week in Britain, he decided – not happy with him claiming some 8.7 million euros in arrears – all cars of the procession would pay tax like everyone else. Starting with the Cadillac of Chief of the U.S. state, nicknamed "the Beast" by the Secret Service because of his size and armor that are, according to experts, a real tank on wheels.Transport for London, the agency responsible for managing the toll, which depends on the mayor, is trying to calculate the bill at the rate of 11.50 euros per day per vehicle.

The Pope, himself, had nothing to pay in September 2010 but says Boris Johnson in the Evening Standard, the roads were closed to other traffic, while this time, they were not . And beware of other heads of state who want to go to London! All diplomatic missions should in fact the tune of 59 million.

What partly explain the irritation of the elect, who has seen the end of March a half-million English between Westminster and Hyde Park to protest against cuts in the government.

A video of Figaro easy payday loans.fr

The NYSE playing yoyo on Thursday. After starting down (-0.20% for the Dow Jones), the indices reflected the upward path. About 20 hours in Paris, the Dow Jones gained 0.48% at 12,691 points, the Nasdaq is 0.56% at 2861 points and the S & P advance of 0.51% to 1349 points.

This return is in the green at the same time as the rise in oil prices. The latter, who had also opened lower at 96.96 dollars, recovered after a sharp color correction yesterday. On the New York Mercantile Exchange, the price rises to $ 99.

Caution remains formatting: "Concerns about Europe and the debt crisis with the International Monetary Fund warning of a risk of contagion from the situation in Greece, indicators Chinese earlier this week, The warning from the International Energy Agency on oil demand, it all comes out at once and shower market, "said Phil Flynn of PFG Best Research.

Greece worries

The fiscal situation in Greece still disturbs the meeting. Thousands of Greeks have shown Wednesday, the day of general strike against austerity measures and privatizations decided by the government that seeks new international aid to avoid a debt restructuring of the country.

In the wake of these events, the euro fell sharply against the greenback, falling below $ 1.42 Wednesday. But about 20 hours, the single currency rises.The euro bought 1.4266 dollars at that time against 1.4193 dollars late Wednesday.

Retail sales and producer prices

On the macroeconomic front, retail sales rose slightly less than expected in April in the U.S. (+0.5% against 0.6%), posting their smallest increase in nine months as rising prices Food and fuel accounts for household spending.The producer prices have increased them by 0.8% in April according to figures released Thursday by the Labor Department, more than expected by analysts who had forecast 0.5%.

New jobless claims fell to 434,000 during the first week of May, according to figures released Thursday by the Labor Department, down nearly equal to the unexpected increase in the previous week.

Finally, business inventories rose more than expected in March, while sales posted their largest gain in a year, suggesting that first-quarter GDP will be revised upward, said Thursday the Commerce Department.Inventories rose 1.0% to 1.476 billion dollars, its highest level since November 2008, while economists polled by Reuters had waited an increase of 0.8%.

The side of values

The oil companies, heavyweights rating penalized yesterday by falling prices, contributing to their rise on Thursday. Thus, Chevron gained 0.66% to 102.936 dollars and ExxonMobil up from 0.38% to 81.43 dollars.

Cisco has unveiled for the fourth quarter of 2010/2011 a turnover of 1.67 billion, up 9% and net profits tax of 168 million dollars against 184 million last year. For the current quarter, the software company believes that business prospects are mixed and the current quarter will be "low" according to the leaders. The title loses 6.02% to 16.72 dollars.

The publisher of security software and antivirus software, Symantec (3.40 to 20.07 dollars) has announced earnings per share of 38 cents against 36 cents expected by analysts, and a turnover of 1 , 67 billion also exceeded expectations of analysts who had forecast $ 1.6 billion.

Google Internet group (-0.80% to 531.15 U.S. dollars) will launch next month the first computers using its new operating system chrome, representing a total challenge to the business model of Microsoft with its Windows system.These computers manufactured by Acer and Samsung, will have the distinction of having the browser Chrome only software preinstalled.

The U.S. internet group Yahoo! (-1.51% To 16.95 dolars) is still buffeted stock exchange after revealing that a subsidiary of the Chinese payment service online Alibaba Group, where he has a major stake, was passed under the control of boss Jack Ma of Alibaba

The rating agency Standard and Poor's said Wednesday evening that she fell a notch to "BBB", the note of U.S. chemicals group Dow Chemical (-1.23% to 38.52 U.S. dollars) with a stable outlook, due to the progress of its results and its prospects for debt reduction.

Also note, the leaders of telecom operators AT & T and T-Mobile (+0.13% to 31.42 dollars) clashed Wednesday night on U.S. lawmakers skeptical of their merger at $ 39 billion, announced in March . "Now four companies control nearly 90% of the national market of mobile telephony," said Democratic Senator Patrick Leahy. He called the competition authorities and Communications to conduct an extensive review of the transaction.

"This is another step," said Chris Viehbacher, CEO of Sanofi-Aventis Business on BFM on Monday morning. A month and a half after formalized the acquisition of U.S. biotech Genzyme, the pharmaceutical company announced on Monday morning having met 84.6% stake in its target (number of shares), after the close of the offer on April 1.

For late or indecisive, Sanofi-Aventis has announced the reopening for four days after the offer of 74 dollars per share, beginning this Monday, April 4 and April 7, 2011 Termier at midnight, Paris time. With this announcement, Sanofi-Aventis loop thus one of the most difficult acquisitions in its history. More than eight months of stock market battle will have been necessary to convince the board of directors of Genzyme.

End of an eight-month battle Market

More than the interest of the reconciliation, Henri Termeer, Genzyme's CEO questioned the price offered by the French, hoping to raise up the auction. A successful challenge, the champion tricolor pharmacy having finally sold, raising its offer from 69 to 74 dollars per share, together with a certificate of conditional value (TRC).It could reach 14 dollars per share based on sales performance of Cerezyme and Fabrazyme, two major products of Genzyme, which has experienced serious production problems, but especially those of Lemtrada, developed an anticancer drug against multiple sclerosis, and could become a future blockbuster (drug of over one billion euros in annual sales) Same day payday loans.

So it's a big step forward for Sanofi-Aventis, which has just spent over $ 20.1 billion to afford the latest nuggets still independent of biotechnology. And this redemption, the laboratory with one stone two birds, reinforcing both in biotech, where despite efforts in recent years, he remained behind. In addition, Sanofi-Aventis is increasing in rare diseases, where it was virtually absent.

Preserve the culture of Genzyme

"This operation is Sanofi-Aventis the world leader in biotechnology, alongside our leadership position in vaccines, has also said Chris Viehbacher Business on BFM this morning. For if the French had been dethroned in 2010 by GlaxoSmithKline in the sector, it still aims to double its sales of vaccines for the period 2008-2014, to bring them to more than 5.7 billion euros.

In the meantime, the acquisition strategy very offensive Viehbacher crisis should be put in parenthesis, the leader now want to concentrate on the restructuring of research and development. A crucial step in integration, when we know that the corporate culture of biotechnology in particular is one of the key success factors.The rush too hastily would then lose to Sanofi-Aventis which is the productivity of research teams of its target.

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