Of course, earnings rose 45% for its second quarter to 207 million or 45 cents per share. But analysts had predicted earnings of 53 cents per share.As for sales, Amazon will display a turnover of 6.57 billion, exceeding expectations (6.54 billion).

Operating profit rose 71% to 270 million but there is also far from the consensus (320 million estimated).

For the current quarter, Amazon provides billings between 6.9 and 7.6 billion dollars of bad credit payday advance. The operating profit should be between 210 and 310 million showing a margin of 3 to 4% The analysts' estimates were much higher: 361 million expected to be a margin of 5%.

In a statement, Jeff Bezos, founder and CEO of the site says, "We see rapid growth in sales of Kindle, Amazon web services, sales to third parties and retail.""Over the last twelve months, customers worldwide have ordered from their mobile device for over $ 1 billion worth of Amazon," says Jeff Bezos still, he was confident in the potential of Tablet PCs, like the Kindle or the 'iPad, to "become a vehicle extra" sales.

In a video interview published in the Financial Times, Li Daokui, professor at Tsinghua University (located in the northwest suburbs of Beijing) and member of the Monetary Policy Committee of the People's Bank of China, said that "the problem housing in China is actually much more fundamental and more important as the housing market in the United States and the United Kingdom before the financial crisis. " He said "it is not only a problem of a bubble.

A "social problem"

Soaring property prices may lead to "social problems of great magnitude," Li Daokui analysis. What would happen is China, at a time when wage demands and strikes have taken center stage in recent days. "When prices start to rise, many people, especially youth, are becoming very concerned." The home ownership, which already applies to few households would be increasingly difficult in the current euphoria estate .

The authorities have announced a round of measures since last January in order to stop the burning of property prices. The state has already imposed restrictions on sales of apartments, including the introduction of "flat shop" in Beijing. He has also taken steps to tighten credit flowing.New loans granted by banks in April, however, have reached 774 billion yuan (87.7 billion euros), or 182.2 billion more than in April 2009. Finally, the government announced the "gradual" introduction of a tax on real property.

Reform at the local level

To advise the Central Bank, this range of measures is a "first step", which will control real estate speculation. But it must involve "a long-term reform" of the Chinese real estate market, warns Li Daokui. "The second stage will address the supply problem." According to the professor, steps should be taken in the second semester or early next year to encourage local governments to provide housing for households moderate and low wage.For now, local authorities prefer to sell their land to generate revenue, Li Daokui regrets.

For him, the tax on housing advertised nationally is not a solution because it may further exclude households in the housing market. An opinion shared by Axa Investment Managers. In his weekly memo, the economist Hervé Lievore points to the "vicious cycle" moved "between investors, developers and local communities," the potential to fuel a "social discontent." Believing that the policy implemented by Beijing makes sense, analysts at Societe Generale also stress the need to manage the supply of real estate in order to curb rising prices and facilitate the accession of China to the property.

ALSO READ

The social revolt was growing among the world's workshop

"China fears a housing bubble

The city of Beijing will impose unique apartment

Being launched in all central and decentralized administrations, the application Chorus aims to simplify the governance and implement the provisions of the Organic Law on Financial Legislation passed in 2001 make quick cash.

But for now, the goal is far from being reached at the Department of Defense.According to Les Echos, a delegation of French industrial land defense at Bercy reported that unpaid bills put some SMEs in significant difficulties. A special circuit was established to regularize the accounts with the weaker companies. But the return to normalcy would not be expected before the end of the year …

Trade unions, left parties and student organizations have called for the streets, in the words of the secretary general of the CGT Bernard Thibault, "create a balance of power in discussion" with the government. The pension reform is expected before the end of the year and a new appointment office at the Elysee Palace will be held prior May 10

According to the CGT, more than 280 parades are planned throughout France. The Paris demonstration must rush early in the afternoon instead of the Republic.

For its part, Workers Power revives the tradition by going it alone.The secretary general of the union, Jean-Claude Mailly, said Saturday morning on Europe-1 radio that "the repeated demonstrations will not shake the government" on the proposed pension reform.

"Putting pressure on politicians'

In Toulouse, about 5,000 people, police, 6,000 according to organizers, marched in the rain Saturday morning, behind a banner of the Inter-CGT, CFDT, FSU, UNSA and Solidarity proclaiming: "All public-private sector jobs, wages, pensions and retirement. A procession much shorter than last year, when there were between 15,000 and 30,000 participants according to sources.

The mobilization was also low in Lyon, under a rainy sky, where vendors thrush in haste mingled with the demonstrators Guaranteed online payday loans.

In Lille, where the procession is gone by late morning, between 2000-3000 people marched. "I come to defend pensions, it worries me a lot for young people, I am already retired but what will happen to young people?" Said Benoit Evrard, a retired banker of 62 years. "I am the parades since 1968. It is important to do this kind of demonstration. " This puts pressure on politicians.

About 3,000 people marched behind a banner in Strasbourg Inter CGT, CFDT, UNSA, FSU. There was little slogans – replaced by sonos – and banners in a parade where the theme of pensions was not particularly present.

In Nice, 2,300 people marched, according to police and organizers. On the hood of a car was installed a model wearing a mask representing President Nicolas Sarkozy, with counterfeit notes in the pockets flying in the wind."Hits enough that society that does that unemployment and precariousness, fattens the shareholders and spreads poverty, have launched the demonstrators.

In Nantes, the Inter counted 5,000 demonstrators in the city center, against 3700 for the police. "It's worse than last year, but it remains a good May 1, Marie-Claude analyzed Robin, departmental secretary of the CGT in Loire-Atlantique.

"The issue of pensions is not yet in every head. Yet now he must take action: the case will go to Cabinet before the summer. In July-August, it will be too late, "she warned.

Between degradation rate and retention Note

During a joint press conference yesterday, Jean-Claude Trichet, president of the European Central Bank, and Dominique Strauss-Kahn, director of the International Monetary Fund, have called on Germany to take an expeditious decision on aid Greece. Both men say they are confident. German Chancellor Angela Merkel seems he heard the message, since it has declared its intention to activate "as quickly as possible" aid plan.

Fortunately, a decision from the United States has been somewhat reassure financial markets. The Fed has indeed confirmed keep interest rates low for a "prolonged period". And this, despite a rapid recovery of the economy.In this context, the Paris markets are cautious. Around 10:30 am, the CAC 40 rose 0.52% to 3806.81 points. At the London Stock Exchange, the FTSE-100 gained 0.55% to 5617.19 points, the Frankfurt Stock Exchange, the DAX 30 in advance from 0.30% to 6102.59 points.

After two sessions of sharp declines, the bank stocks are returning to earnings. BNP Paribas gained 1.55% to 51.77 euros, Dexia advance of 1.22% to 4.15 euros and Societe Generale was up 0.45% to 41.10 euros. In contrast, Credit Agricole, which said Wednesday night that its exposure to sovereign risk in Greece amounted to EUR 850 million, lost 0.32% to 11.02 euros.

CAC 40: Pernod-Ricard in mind, PPR red lantern

Among the values that have posted Wednesday, PPR has returned to growth in the first quarter after five consecutive quarters of downturn, and said Tuesday anticipate a further acceleration in sales during the year. However, PPR shares fell sharply from 2.65% to 101.20 euros, the biggest drop in the CAC 40.

The Thursday is rich in quarterly publications: ArcelorMittal (-1.80% to 30.58 euros) reported a net profit decline of 36.6% in first quarter 2010 over fourth quarter 2009.

France Telecom (1.44% 16.57 EUR) has published a turnover down 2% in the first quarter of 2010, in line with market expectations.

The result of Sanofi-Aventis (-0.67% to 51.53 euros) rose 9.7% to 2.4 billion euros in first quarter 2010 against a consensus of 2.28 billion euros.

Bull (0.62% to 3.23 euros) saw its sales boosted by the acquisition of Amesys, a company specializing in security systems: its sales rose 9.4% against 0.6 % off-Amesys.

Pernod Ricard has announced an increase of 14% of its turnover for the third quarter of 2010 of its fiscal year 2009-2010 to offset 1.5 billion euros.Pernod Ricard shares climbed 3.70% to 65.32 euros, the largest increase in the CAC 40.

The results of Vivendi (0.87% to 19.61 euros), AXA (-0.89% at 15.01 euros), Bouygues (0.60% to 36.89 euros), Areva (-1, 32% to 375 euros) or Michelin (-0.38% to 52.30 euros) are also expected.

Renault (-1.47% to 34.24 euros) has announced the acquisition of interests between the group, its Japanese partner Nissan and Germany's Daimler had been made Wednesday. The three groups have formalized their alliance in early April for three to share technologies and reduce costs.

The U.S. unemployment statistics in the heart of the day

On the macroeconomic front, the day will, however, less responsible.By midmorning, the German Federal Labour Office has reported a decline of 68,000 in the number of jobseekers in seasonally adjusted data, to 3.285 million, while economists were expecting an average decline of 10,000. Around 14:30, the investors will also monitor the weekly claims for unemployment benefits in the United States, and economic confidence in April in the euro area.

ALSO READ:

"Debt: Spain in turn under pressure" The Fed keeps rates low despite the recovery

If Internet use for personal purposes is generally not favored by business, it is at least tolerated. In part because an outright ban on surfing the web to check emails, read a newspaper article or listening to music is technically very difficult to implement. Many companies, however, that filter or prohibit certain sites via their charter. The aim was primarily to cover, to prevent the actions of their virtual employees, which always involve the responsibility of the enterprise, are the source of sentences.One way to avoid as they saturate the bandwidth and not impair the productivity of their colleagues ….

Use "reasonable" is required

But if it is allowed to surf the web for personal purposes, such use must remain "reasonable," said the Labour Code. A character that the court weighs in case of dispute. Sending 156 emails two months personal example has been considered by the employer as grounds for dismissal of an employee for "misuse of the Internet on the workplace. A decision upheld by the tribunal.

While remaining within the limits of reasonable use of the Net, "the employer has any right way to look at any mail or file created by its employees unless they are explicitly" personal, "said Ahmed Baladi , a lawyer at Allen & Overy.A concept which is a priori assimilated external mailboxes (Type gmail, yahoo or orange …). The principle of respect for private life remains applicable to the workplace, the only requirement for the employee to make clear what he wants to meet her privacy. Not always obvious to all of his mail regularly titrate "STAFF".

Before deciding to license USA, EMI had planned to sell its legendary London recording studio Abbey Road, whose group owns, but it is finally decided.

EMI and Terra Firma its owner, an investment fund, will have to raise 120 million pounds by June to meet their commitments vis-?-vis Citigroup Payday Loan for Bad Credit. If they do not, Citigroup will take over the record label. In this case, the bank could sell EMI in several pieces.

The relationship between Citigroup and Terra Firma are already tense because the fund had filed a complaint against the bank for fraud in the acquisition of EMI by Terra Firma financed by Citigroup.The fund now plans to submit a new plan in late April to prevent EMI from falling under the control of the bank.

ALSO READ:

Charles Allen at the helm of EMI Music

"EMI sells Abbey Road Studios

Lakshmi Mittal. – No, although, given the circumstances, we are very far out. We achieved all our objectives of lowering costs, reducing debt, adjusting our production, and have negotiated with the various unions in the world … while 2009 was one of the most difficult years for thirty years the capitalist world. The crisis is not over. The recovery will be slow and gradual. But we managed to overcome the crisis successfully.

Using your production capacity from 50% in late 2008, to 70%. Do you anticipate this year?

Our production planning is based on the request of our customers. In 2009, only 10 of its 25 blast furnaces were in production. Now, twenty are active.There remain four or five who are temporarily stopped and restarted when demand recovers. At the end of 2010, our plants should operate at 85% of their capacity. The automotive market is expected to improve slightly over fourth quarter 2009 in Europe and strong growth in emerging countries. We organize days of innovation with our major customers. We present our new products, our development programs. They are still waiting for better products, steel both stronger and lighter, and more services.

How do you make 5 billion cost-cutting announced in 2012?

This total includes 5 billion of the savings already achieved (2.7 billion Editor's note). We have implemented many measures to improve our productivity.ArcelorMittal is a great company so we can make a "benchmark" in the group! We have implemented a continuous improvement plan which aims to save $ 30 (or 20 euros) per tonne of steel produced. There were hundreds of initiatives in this area. In 2009, we managed to save 13 euros per tonne. We still have to win 7 euros. At group level, it will represent an additional saving of 1.4 billion euros. And we can still reduce our administrative costs and expenses. This will include a specialization of production sites that could be devoted to one type of product payday advance . That does not mean that we will close …

… Or that you will continue to reduce your workforce?

The group has 35 000 employees less in 2009 than in 2008.We have plans in place starting in early retirement, voluntary severance schemes … We have nothing planned as of this year. We have just completed what was started. There is no excess production capacity in Europe. In China, yes.

You also talked about the resumption of investment.

Yes. We will resume mining projects and investment in developing countries, including Brazil. We do not expect to make further acquisitions in the steel. The cost would be higher than the expansion of existing capacity. We focus on the latter solution.

The introduction of carbon tax is a threat to your business in France?

We will be less competitive in Europe. We are in discussion with the French Government, to explain the impact of this tax on our costs.I met President Nicolas Sarkozy a few weeks ago. He says he wants a strong industry in France. We'll have to find solutions. European policy in terms of CO2 is already a burden for the European steel industry, compared to our competitors in China or India. This clearly represents an additional cost, difficult to quantify but very real. Finally, the carbon tax would be inconsistent with a strong industry. But both will have to coexist.

Chinese production of steel which starts again on the rise is a threat to your industry?

Last year, net exports of Chinese steel amounted to 10 million tonnes. This year, they should not exceed 25 million tonnes. First, because the Chinese domestic demand has picked up.Then, because Chinese steel production depends on imports of raw materials, making it less competitive for export. Finally, China mainly exported to South-Eastern Asia. Nevertheless, we are always attentive. If China's exports, it can make European prices down, it already happened before 2008. There is always a risk.

ALSO READ

ArcelorMittal makes just one recipient outcome

While economists hoped that the UK went into recession in the second quarter of 2008 would have returned a meager growth (which they saw to 0.2% on average) between July and September, the first estimate of the NSO The British equivalent of INSEE, showed the contrary, a fall in gross domestic product (GDP) of 0.4% over the previous quarter and by 5.2% over one year.It is hardly better than the second quarter, where GDP had declined by 0.6%, and while the UK economy fell by 5.9% since its entry into recession.

Finally, to cap it all, the ONS said he never registered period of contraction in economic activity so long since 1955. The United Kingdom could be in fact the only major economy to have contracted in the third quarter. Several other countries including France, Germany and Japan have instead returned to growth in the second quarter of this year.

The London Stock Exchange has not suffered from these ads. In contrast, the pound sterling has accused the shock, falling around 1.09 euro while hovering around 1.11 before.According to economists, the slump of the pound reflects the fact that the Bank of England may be forced to continue its program of buying assets with banks (or "quantitative easing"), in which it has already sunk more than 170 billion pounds (about 185 billion euros), which is scheduled for completion in November.