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The RTE has decided to move to the next level. He announced today the creation of a new subsidiary Airtel whose mission is to build and sell these services abroad based on a new fleet of heavy helicopters. The objective is to assign a machine more powerful and secure work risky for humans pay day loans.

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Airtel takes delivery today in Marignane, Eurocopter's headquarters, the first of the EC 225 ordered. The new company becomes the first operator of such a machine in France after the Navy. The EC 225 belongs to the class of heavy helicopters of 11 tonnes and the Super Puma family of which it is derived in civilian version.

This device is unique because of its equipment developed for two years by a joint team involving Eurocopter and the RTE. The two companies know each other well. Since its inception, the RTE 100% pilot a fleet consisting of Eurocopter far as light aircraft or EC 135 Ecureuil.

Buoyed by the performance of large U.S. companies, the market will also confident about the progress of the sovereign debt crisis in the eurozone as EU leaders have pledged to agree on a solution by Wednesday. Sunday will begin a crucial summit and Paris and Berlin have announced that Nicolas Sarkozy and Angela Merkel will hold talks in Brussels the day before to prepare an "ambitious and comprehensive response" to the crisis.Concrete measures will be considered Sunday to be adopted during a second peak "no later than Wednesday."

Discussions will focus on how to increase the capacity of the European Financial Stability Fund (EFSF), but also on the rescue of Greece. Meanwhile, in Greece, the anti-austerity continues. A new law has been de rigueur in the Greek Parliament voted Thursday. This Friday night, the euro area has announced its approval of the sixth tranche of aid to Greece scheduled in the first rescue plan adopted last year. Remains the green light from the IMF co-finance the loan.

Summit high risk in Europe

For many observers, however, profound differences remain between France and Germany. "There is no joint proposal" European at the moment, has acknowledged Thursday the German Finance Minister Wolfgang Schäuble.For his part, President of the European Commission Jose Manuel Barroso called on Europeans to "compromise" to reach decisions "resolved" and "immediate."

Another failure might further undermine investor confidence in the ability of Europeans to fight effectively against the debt crisis. They would now have a highly sensitive situation at the G20 to be held in early November.

Pressure rating agencies

Rating agencies are increasing the pressure on the euro area. After Moody's, S & P raised doubts about the AAA rating of the long-term debt of France.The agency suggests a probable degradation of notes France, Spain, Italy, Ireland and Portugal according to economic conditions.

On the macroeconomic front there was no major indicator not on the agenda of U.S. investors no credit check payday loans.

On the foreign exchange market, the euro lost ground to 1.3893 dollars against 1.3772 dollars on Thursday night. Oil prices ended in a disorganized after rising following the announcement of the disappearance of the former Libyan leader Muammar Gaddafi. The barrel of "light sweet crude" for December delivery gained $ 1.33 to 87.40 dollars on the New York Mercantile Exchange. On the week, won 60 cents per barrel.In London, a barrel of Brent North Sea crude for December delivery lost 20 cents to 109.56 dollars on the Intercontinental Exchange (ICE).

Earnings rise for McDonald's and Microsoft

The side of values, General Electric (-1.92% to 16.31 dollars) announced Friday that it saw its net profit rise by 18% in the third quarter to $ 2.4 billion, in line with market expectations and announced an increase to rely on double-digit earnings per share in 2012.

Verizon Communications (0.86% to 37.42 dollars) recorded a profit in the third quarter of $ 1.38 billion, against 659 million (23 cents) a year earlier. The turnover registered at 27.9 billion against $ 26.5 billion over the same period a year ago.

Honeyell (5.82% to 51.28 dollars) has announced a 45% increase in net profit in the third quarter to 862 million.

The world's leading fast food McDonald's (3.72% to 92.32 dollars), reported a net income above expectations at 1.51 billion dollars against 1.39 billion a year earlier.

Schlumberger (-0.90% to 67.38 dollars), worldwide leader of services to the oil industry, announced a profit lower than expected in the third quarter, with $ 1.3 billion (96 cents per share) against a , 7 billion ($ 1.38 per share) a year earlier.

After the close Thursday, Microsoft (0.44% to 27.16 dollars) issued for the first quarter, revenues of $ 17.4 billion, up 7% year on year. Net income reached 5.74 billion, up 6%, while earnings per share rose 10% to $ 0.68.

Capital One Financial (6.94% to 43.29 dollars) issued for the third quarter net income of $ 813 million against 803 million last year and 911 million in the second quarter.

Note also, from Monday, October 24, the company Groupon, which specializes in online distribution of discount coupons for shopping in local markets, should do its IPO on the basis of a valuation from October to December billion. However, it is far from the capitalization of 15 to 20 billion, of which Andrew Mason, founder of the company was still dreaming in June.

Six weeks ago, Canal + gave a big kick in the PAF, announcing the surrender of the two Bolloré DTT channel Direct 8 Direct and Star. The next day, Jean-Marc Morandini, "Mr. Media" commented one of Europe experts with the likely impact of this acquisition on the programs of the chain. A question for Jean-Marc Morandini in the first place, since officiated in five years on Direct 8, where he now presents two programs: "Morandini!" A daily talk show for over an hour on the media , released at 18:45, and the issuance of news items "Presumed Innocent", which aired twice a month in prime time. "I do not know if I fear this change, because we represent a large portion of the hearing of Direct 8. This week, "Presumed Innocent" Live 8 was passed in second place of DTT at 20:45. It all depends on what Canal + will do just that chain.At the moment, I do not know, provides the facilitator. We'll talk when the time comes but for now I'm not too worried, unless they really want to make a very different line, with only series and sports for example. "

If "Presumed Innocent" to beat his record of the hearing Tuesday, with 3.3% market share, and 804,000 viewers on average (with a peak of 1.17 million), the hearings "Morandini," have had difficult to take off since September. Since September, 400,000 fans of the media follow him on average every end of the afternoon, against 700,000 at the best of the previous season. "We fumbled a little early because we had stayed on the trend of last year which was that every time we talk about reality TV, audiences explode. There was a real demand from viewers. This is not the case this year.People are perhaps a little tired, the characters are somewhat less charismatic, so we changed our tune after fifteen days. We have invited less oriented "people", with a little more background, "explains Jean-Marc Morandini. With the approach of a major electoral event and in a context of crisis, the facilitator discusses the need to provide more information than entertainment, "People want programming where we learn something and not just where people come to their show. "

"Very advanced negotiations"

Present since 2003 in Europe 1, Jean-Marc Morandini also inherited at the start of a new installment for its "Grand direct media." The program now starts 90 minutes earlier at 9:30 for an hour of news media. "It was a request on my part, I would even begin to comment at 9 o'clock live audiences.This is the best time to issue a media: early to react immediately to what happened in the evening and be the first to provide information that can be. " The first audience figures on this new box should be available in mid-November.

Jeanmarcmorandini.com creator of the site, the host is present on three media. Still owns the site, however, it is entered in "very advanced negotiations" with Bolloré Media for an equity stake in the site. The facilitator explained that he had several proposals for acquisitions, but said he had "never sought to sell it." The time seems appropriate, while jeanmarcmorandini.com, long time near monopoly in its field, is now closely followed by new entrants.Last May, the site Pure Media (formerly Ozap), with 1.02 million unique visitors came to tickle its approximately 1.25 million unique visitors per month.

And to justify his choice, he evokes the editorial freedom of the likely new shareholder. "The site needs to move to a higher stage. The interest for me is that Bolloré Media is in print. And the group will separate its channels. I go to them will be in an independent and not be bound to talk about television. " It is likely that the proximity to his current employer (up to the finalization of the sale of Live 8 on Canal +) also facilitates the transaction. The moderator believes that it should be signed in the next two days, and states that retain editorial control of the site.

"All the Buzz Media

A complicated solution found in a recent study conducted by Microsoft, but which was made possible in Marne-la-Vallee as decided at the design center and the business district.

5400 tons of CO2 emissions and less

According to Dalkia (a subsidiary of EDF and Veolia), prime contractor for the network, the central heat in the atmosphere will save 5400 tons of annual CO2 emissions compared to a gas boiler. The computer center, a "bunker" of 8000 square meters dedicated to extend over 25000m2, is owned by a bank that prefers to conceal his name, as these "data centers" are critical buildings.The bank, according to Jean-Philippe Buisson, finance the heat exchanger, about 10% of the total investment of "several million". The remaining 90% are devoted to the distribution of hot water and sub-pumping stations.

The bank will sell its heat to Dalkia under a contract of twenty-five years, which will allow a return on investment. This district heating and hot water will return to green about 8 cents per kilowatt hour for customers. It's "a little cheaper than electric heating, notes Jean-Philippe Buisson, a little more expensive than gas heating, but with one advantage: price stability," while gas is still pegged to the oil .In addition, for the consumer, this clean is eligible for the 5.5% VAT.

Dalkia is exploring the possibility of recovering heat from data centers in other neighborhoods or new neighborhoods eco France.

The reversal was also performed in London, the FTSE-100 clinching 0.80% to 5437.66 points while in Frankfurt the Dax is recovering well, while remaining slightly in the red (- , 016%, to 5775.70 points.

After waiting game shown on Thursday, investors therefore welcomed the announcement by mid-afternoon of a manufacturing sector still growing in August to the other side of the Altantic, while experts expected a decline over the period. The announcement of a high relapse U.S. construction spending in July, reflecting the weak housing market has not dampened the optimism of the markets recovered this afternoon, somewhat reassured about the state the U.S. economy.Especially on the eve of the highly anticipated monthly employment report, the number of inscriptions hebdomadairres unemployed fell during the week to August 27, at 409,000 against 421,000 the previous week, said the Department of Labor (410 000 entries expected).

These new on the health of the U.S. economy and restore color to the dollar against the dollar. To 15 hours, the European currency was worth 1.4295 dollars against 1.4374 dollars late Wednesday.

Indicators most disappointing in Europe

In the euro area, the final manufacturing PMI contracted in August for the first time since September 2009 due to a fall in output and new orders. The index calculated by Markit PMI final spring to 49.0 in August, against an initial estimate of 49.7 and after 50.4 in July.The German manufacturing sector slowed in August, including at its lowest in almost two years, to 50.9 after 52.0 in July. In France, the PMI industry has returned to 49.1 against 50.5 in July, an even sharper decline than that reflected by the flash estimate of 49.3 issued two weeks ago.

Also in France, the unemployment rate as defined in International Labour Office (ILO) decreased slightly by 0.1 points in the second quarter to 9.1% on average in metropolitan (9.6% including the departments of overseas), according to data seasonally adjusted (SA) Interim released Thursday by INSEE.

As for the oil markets, disappointing manufacturing indicator in Europe weigh on oil prices.At midday, a barrel of Brent North Sea crude for October delivery was trading at 114.04 dollars in London, down 81 cents from the close of Wednesday.

Values ​​to follow

Banking

Greek debt is out of control and the measures taken by the government can not restore the finances, the report of an independent parliamentary commission on Wednesday. After suffering the first part of the meeting, the bank will resume, however, also: Société Générale advance of 1.13% to 23.64 euros, BNP Paribas is down 1.06% to 35.51 euros, Crédit Agricole will pard more than 2.98% to 6.63 euros. Axa and advance 0.76% to 2.37% to 11.26 euros.

Peugeot: -3.02% to 20.69 euros, Renault: -3.03% to 27.48 euros, Michelin: -2.65% to 49.64 euros

The new car registrations were up 3.2% in August.But sales of SAP were down 3% and 1.4% of Renault.

Fimalac: + 6.30% to 26 euros

Fimalac accounted for more than 6% Thursday on the Paris Stock Exchange after the announcement of the sale of its Canadian subsidiary Algorithmics, specializing in software for the financial industry, the U.S. IBM.

Eramet: -2 payday loans.32% to 145.55 euros

The CEO of Eramet, Patrick Buffet, asked Thursday to New Caledonia guarantees the stability of capital and access to resources of nickel subsidiary of the archipelago, Société Le Nickel (SLN) . Mr. Buffett made the requests in the renewal of the shareholders, linking Eramet-SLN since 2000 and the three provinces of New Caledonia.The latter hold through the STCPI 34% stake in SLN and 4% of Eramet.

Sanofi: -0.18% to EUR 50.57

The group reached an agreement with Pfizer to produce generic versions of Lipitor cholesterol before the star of the American group from falling into the public domain, writes Les Echos newspaper on Wednesday.

Total: -0.24% to 34.92 euros

The National Transitional Council (CNT) Libya has promised to give to France 35% of crude oil from Libya in exchange for recognition of its legitimacy Paris, Liberation reported Thursday.

Iliad: + 2.55% to 85.58 euros (largest increase in the SBF 120)

The internet service provider reported in the first half of 231.000 new subscribers under its brand Free (excluding Alice), a market share of 36% and saw its EBITDA margin improved 1.4 points to 40%, or 416.4 million euros, on sales of 1.04 billion (+2.6%).

France Telecom: + 0.41% to 13.36 euros

The U.S. administration has initiated court proceedings Wednesday to block the sale of Deutsche Telekom's U.S. subsidiary T-Mobile to the giant AT & T for reasons of respect for competition.

Pernod Ricard: -2.05% to 61.22 euros

The French producer of wines and spirits, announced Thursday a 10% increase in net profit for the year 2010-2011, exceeding for the first time the billion euros.

Eurazeo: -3.93% to 38.09 euros

The investment company said Thursday in a loss of 106.3 million euros in the first half due to losses on derivatives and goodwill

GDF Suez: -2.30% to 21.45 euros

The group said it had completed the acquisition of gas storage sites in Germany.

Eiffage: -12.24% to 29.75 euros

The new CEO of the group does not preclude the sale or closure of loss-making subsidiaries to consolidate the early resumption of the performance of the construction group observed in the first half.

Saint-Gobain: -1.64% to 34.46 euros

The group announced it would invest $ 100 million (69.41 million euros) in the United States to create a factory specializing in the manufacture of ceramic balls ("proppants") used in wells oil and gas.

Latécoère confirms its objectives

Lagardère: -10.04% to 21.41 euros

The group was forced to significantly revise down its forecast for operating profit for 2011 because of the difficulties encountered by the sports center in the first half.

Maurel et Prom: + 0.38% to 14.54 euros

The group took the first half of the increase in its oil production and high prices in oil prices to clear the results up sharply.

Guyenne et Gascogne: -3.20% to 85.91%

The group reported a loss in the first half, the franchisee of Carrefour have been penalized by its subsidiary Sogara whose accounts were affected by several non-recurring items.

Latécoère: + 0.09% to 10.78 euros

The group, whose net income rebounded sharply during the first half, confirmed its targets for operating profit in 2011 and 2012.

Theolia: + 11.43% to 1.17 euros

The group reported Wednesday a recovery in its interim results, the French wind power has reduced its interest expense over the period, particularly through the conversion action of nearly two million of bonds.

After market, Neopost will publish its revenue for the second quarter and Stallergenes results for the first half.

It is precisely here that the speech of the day was to shed light.Investors hoped a higher profile, particularly on the implementation or not of a third program of monetary easing (or quantitative easing EQ3), after two other applications since 2008.

Ben Bernanke returns the ball in the political

"The Fed has a range of instruments to provide economic stimulus," said Ben Bernanke, however, supported. Insufficient to convince. For the other hand, the Fed chairman said that U.S. politicians had more room for growth, calling for fiscal stimulus. A sentence which leaves in doubt the ability or willingness-to-the Fed to reignite growth overseas.

"The Fed will certainly do its utmost to help restore growth rates and employment rates in an environment of price stability.However, most of the economic policy measures to support the long-term growth is a spring outside the central bank, "said Ben Bernanke.

The Fed chairman has confirmed rely on weak economic growth in the short term, after the Fed revised its growth goals of the U payday loans with no fax.S. economy, but did not specify the extent of this reduction.While recognizing that the crisis is more difficult than expected a few months ago, Ben Bernanke refuses to show alarming: he predicts that U.S. GDP "should improve" the second half and that inflation will gradually subside, and return to less than 2%.

He said he was also confident "in the fact that [his] colleagues in Europe have completely aware of what is at stake in the difficult problems they face today and that over time it will take all necessary measures and appropriate to address them fully and effectively. "

Deception temporary markets

Initially, this lack of concrete measures to try to revive an economy whose recovery is "much less robust than expected" in the words of Ben Bernanke, has dampened market expectations, suspended for two days this intervention .Sign of these expectations, the U.S. indices, already feverish, have widened their losses immediately after the announcement of the postponement within a month of discussions at the Fed on possible support measures. Similarly, in Paris the CAC 40 index plunged more than 3%.

But an hour after the intervention, investors rallied. The index in Paris reduced its losses, while on Wall Street, the Dow returned to the same balance. The markets have indeed put their disappointment. If the hope of a decision of intervention by the Fed was huge, the probability that a major action plan to be presented today was very thin, many commentators had warned in recent days.

While the U.S. economy slows dangerously, investors expect a tough response from the Fed. But they may be disappointed because, faced with two problems, the central bank runs out of ammunition.

Misdiagnosis

First, Ben Bernanke erred in economic diagnosis. He underestimated his own admission, the low growth in the first half and was counting on a rebound in demand in the second, which for now does not materialize.Problem with its main policy rate at zero since December 2008, the Fed has little room to revive again the supply of credit. Some members of the Monetary Committee refuses to go further. Among the reluctant, Richard Fisher, president of the Dallas Fed. It is estimated that on August 9 promises to continue until mid-2013 interest rates unusually low, the Fed made a mistake: the promise deters businesses and individuals to borrow quickly as they know that the rates are not nearly up cash advance america.

So what can Ben Bernanke promised? The resumption of purchases of long-term bonds the Treasury is the preferred option by the markets. But given the high level of inflation, the method is risky.In addition, low interest rates leaves little hope that this new "quantitative easing" has a significant effect on credit supply.

Ben Bernanke should focus on technical measures. The Fed could cut the compensation of bank reserves. It would be a way to push banks to lend rather than storing their cash with her. The second measure seeks to change more or less gradually the composition of its balance sheet, which reached 2.7 trillion dollars. To maintain long-term rates as low as possible, the Fed may decide to increase the proportion of its balance sheet invested in long-term securities, while reducing the one placed in short-term securities. The decline in long rates will encourage companies and individuals to refinance their debts and support the real estate.

After speaking with the social partners, having examined the proposals of the budget minister, Valérie Pécresse, and his colleague of Economy, Baroin, and after a final meeting Wednesday with arbitration the head of state, Francois Fillon will detail the efforts needed for France to respect its commitments.

Paris has in fact promised to bring its public deficit of 5.7% of GDP this year to 4.6% next year and 3% in 2013.Objectives "soft," insists the Prime Minister. And have become even more complicated to keep that growth, which has a breathing hole world in recent months, could not keep its promises. First equation to solve for the executive, what new growth assumption adopted for next year? Currently set at 2.25%, it could be lowered around 2% but the final decision will be refereed by Nicolas Sarkozy on Wednesday.

Whatever the figure used is a real austerity to be announced in the wake. The principle consists in an "effort equitably distributed among the wealthy households and the less affluent, but also between large companies and small companies," says Is there at Bercy.According to the Social Partners to Fillon who spoke Monday night, the government prepares to announce 3 to 4 billion in savings for 2011 – an order of magnitude as the Department's budget did not confirm Tuesday – and about ten billion 2012.

Precautionary reserves

This effort will break down between cuts on spending and tax measures. Regarding the latter aspect, the government does not lack ideas.Changing the tax exemption of overtime, tax on higher income, higher social package for businesses, real decrease in certain benefits … "In our sorrow, we have the advantage of having an incredible addition to spending, wealthy in some cases, "explained Baroin, mid-August, citing a total of 75 billion euros of tax loopholes and $ 45 billion social niches.

On the expenditure side, Bercy asked departments to provide an extra effort this year. The reason: the frigate affair of Taiwan, which requires the state to pay 460 million euros.To avoid this expenditure is widening the gap, saving the same amount will be made.

More precisely, the departments may not use funds they have traditionally used to spend at year end by drawing on reserves of precaution put in place earlier this year. Defense will be particularly drawn upon.

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"The main areas of planned economy

"The" overtime "will cost more to businesses

For the first time, the prime minister has agreed to weigh the tax burden with a "solidarity tax" on higher incomes. According to leaks distilled by the social partners, this contribution could rise to 5% for every € 10,000 for employees earning over 90,000 euros, and 10% in excess of 150,000 euros. Self-employed workers earning more than EUR 55,000 will be taxed at 41%. However estates and housing will remain free of taxation.A single tax of 20% will be charged on income from capital, currently 12.5% ​​against and 25% of bank deposits. The introduction of fiscal federalism will be early in 2012, the government hopes to make them more aggressive fight against tax evasion us fast cash. The bill payments in cash will be severely restricted. A single municipal tax will also be created.Finally, the Economy Minister Giulio Tremonti said, in an interview with representatives of regional and local authorities, that the government intended "to reduce the number of provinces (departments)" and "consolidate the common" – today the number of 8000.

Heavy sacrifices will be required to Italians in particular with regard to the welfare (social services and family) who will suffer next year the bulk of the effort (about 20 billion euros) all levels of social assistance and transfers to local governments will be affected. However the Northern League had opposed the cuts, pensions will be spared. Women in the private sector will be encouraged to continue working until age 65, or 7 years older than today.

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"Tax increases and pension reform in Italy