The U.S. publishing rocked. In February, he sold more electronic books (e-books) in the U.S. as paperbacks, paperback books or children's books. According to the monthly report compiled by the Association of American Publisher (AAP), Association of American Publishers, the revenue generated by e-books reached $ 90.3 million over the period. So far the top-seller, the paperback had fallen below $ 85 million revenue in January. In February, they amounted to 81 million.
The total market for printed books in the U.S. declines. The adult books (pocket paperback) have declined from 34.4% in February to represent all $ 156.8 million in sales. Children's books fell from 16.1% to 58.5 million.In parallel, the electronic book grew by 202% between February 2010 and February 2011. A growth rate that promises a fast restructuring of the publishing market in the U.S., comparable to the transformation of the music market. Moreover, the results of the PAA reflects sales by only 16 publishers of digital books, publishers against 84 for the physical book.
Sales reached by parties
According to the Association of American Publishers, the strong growth in sales of digital books in February "is mainly due to a high level of sales of e-books after the holidays and downloading by consumers who received gift digital reading lights us fast cash. Another engine of growth: a renewed interest from consumers for backlist titles from the catalog."The February results show that people love books and publishers are actively trying to serve their readers everywhere. The public embraces the breadth and variety of reading choices that are available, "commented the CEO of the AAP, Tom Allen, in a statement.
These findings echo those announced by the online retailer Amazon Kindle reading lamp manufacturer, when publishing its annual results in late January. "Amazon.com now sells more books than Kindle paperbacks. Since the beginning of the year, for 100 bags sold by Amazon, the company sold 115 pounds Kindle, had indicated the company founded by Jeff Bezos. Meanwhile, sales of e-books were three times greater than sales of paperback books.This market should continue to grow with the arrival of new reading lights on the market, like a low-cost version of the Kindle, financed by advertising.
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The benchmark index of the stock market in South Korea, the Kospi 200, wins again at 0.95% 279.24 points on Wednesday at 7 pm. Allowing it to enter its highest level ever in the history of the stock of the country.
Seoul Stock Exchange had already closed the year 2010 before recording a record at the close. The KOSPI surged 21.88% in 2010 to $ 2051 and points, a level not seen since November 2007. Now, the values of South Korean stock market rebounded from ground lost during the crisis, and they even display historic gains, thanks to sustained domestic demand last year, and their results.
Analysts estimate that the KOSPI could rise to 2400 points this year.South Korea enjoys good prospects for growth: as its Central Bank, GDP should grow by 4.5% in 2011.
Tokyo followed the lead of Wall Street
The Tokyo Stock Exchange ended the session on Wednesday edged up 0.36%, investors are showing more optimism about the financial performance of U.S. firms during the presentation. Yesterday, IBM and Apple have unveiled much better results than expected. Thus at the close, the Nikkei 225 index gained 38.12 points to 10,557.10 points. The broader Topix index of his side took 0 payday loans in one hour.57% to 936.87 points.
Note side values, the group of electrical, electronic and computer Japan's Mitsubishi Electric said Wednesday that Japan build a new factory parts for automotive steering, looking to increase its annual production of about 70%.Mitsubishi Electric, which presents itself as a pioneer systems electric power steering, will invest 10 billion yen (90 million euros) for this new factory with an area of 38,000 square meters, which must be put into operation in August 2012.
China U.S.
Chinese President Hu Jintao arrived here Tuesday in the U.S. for a four-day visit, after a year marked by strong tensions between the two powers, with China being the subject of multiple reviews. Hu Jintao heads a country pointed to the issues of human rights and money, impossible to ignore given its economic weight and, increasingly, military and geopolitical. The undervaluation of the Chinese currency will be at the heart of discussions between Barack Obama and Hu Jintao on Wednesday in Washington.Beijing to revalue its currency at its own pace, while dreaming of one yuan as important as the dollar.
Tail Photo Credits: Alexander F. Yuan / AP
Just ended the drama of the capital increase that a new front opens in Areva: the succession of Anne Lauvergeon to head the group French world leader in nuclear power. The state has to initiate the process, while the mandate of the current President of the Executive – in charge for ten years – expires next June.
The nomination committee of the board stopped on some names. That of chief strategy officer of EADS Marwan Lahoud, also the former head of Thales Denis Ranque. And especially that of the current right arm at Bercy the Economy Minister, Christine Lagarde, Alexandre de Juniac.The latter filed a case to the Committee on Standards in Public – the body that must give its consent to officials and members of cabinet ministers who choose to leave the public service to fill positions in private – "out of respect principles and procedures, "he says.
If he says nothing, this X-NAS 48-year-old father of 3 children, has in mind the controversy caused by the passage of the Elysee Perol head of Caisse Savings Bank popular while the ethics commission had not been seized.
Members of the Committee will meet Tuesday to assess the feasibility of moving to executive assistant to the chief executive of Areva.While some may accuse Alexander of Juniac have contributed to the treatment of the thorny issue of the recapitalization of the nuclear group, it could be argued that decisions were taken at the Elysee and a policy board meets regularly to nuclear make strategic decisions in this area.
His predecessor at Bercy, Stephane Richard, had been reunited with France Telecom without incident. To ensure a smooth transition, it is also possible that the successor to Anne Lauvergeon between an executive position before taking the reins of the company's schedule.
General Assembly
Meanwhile, the next important date for Areva is December 23, when the general meeting of shareholders must approve the capital increase of the company.Last Saturday, the supervisory board voted positively on this issue: Kuwait will provide 600 million euros, the government will contribute 300 million euros. Moreover, investment certificates Areva currently outstanding (representing 4% of capital) should be converted into shares during the first half of 2011. On Monday, the group said the subscription period for holders of those certificates would run from January 3 to 14.
As for the possibility of a new wave of shareholders in the coming months, nothing is settled yet. "Many candidates want to join Areva," insisted Tuesday its chief financial officer, Alain-Pierre Raynaud. What is EDF? "Why not. It is not excluded, but frankly, I do not know if this is the best solution, "said Christine Lagarde in Les Echos.
The Tokyo Stock Exchange finished Thursday's session up, 225 of the indiceNikkei blue chips gaining 0.52%, to 10,285.88 points.
The growth of gross domestic product of Japan in the third quarter of 2010 was revised upward to 4.5% annualized 3.9% cons in a first calculation, through private investment estimated at the best starting . Quarterly rate of growth of the economy has finally established at 1.1% between July and September, against 0.9% in a preliminary estimate released in mid-November.
The GDP of China himself has been higher than in Japan during the third quarter, but not on the first nine months of the year.The two Asian giants are neck and neck for second place world economy, China, strong growth is taking delight in Japan, holds the title since 1968 behind the United States.
At the Stock Exchange of Hong Kong, the Hang Seng index managed to take 0.28% to 23,157.10 points while in Shanghai, with investors showing caution before the release of Chinese economic statistics Monday (including inflation) that could push the Chinese Governement to raise its interest rates before, during the weekend. The plaice stock index CSI of 0.88% to 3144.09 points.
Illegal cartel for LCD flat screens
The South Korean manufacturer LG Display, which is part of the Asian manufacturers of flat panel liquid crystal display (LCD) sentenced Wednesday by the European Commission for illegal cartel, on Thursday acknowledged the "malpractice" but said he could call credit score.The European Commission Wednesday fined a collective fine of 649 million euros to Asian manufacturers of LCDs, including the South Korean LG. The cartel met a total of six companies, including the world's number one industry, the South Korean Samsung. The latter was, however, exempt from fines because it was he who provided the first information to Brussels.
At the Stock Exchange South Korea, the Kospi index climbed 1.01% to 1975.44 points.Note that the rating agency Standard and Poor's maintained Thursday his note to South Korea but warned it may lower it if tensions with North worsen or if the succession in North Korea is disputed.
Taiwan: AIG will sell two subsidiaries for $ 2-3 billion
The U.S. insurer AIG has selected two names from among the five candidates for the resumption of its Taiwan subsidiary life insurance, Nan Shan Life, which could sell for between 2 and 3 billion U.S. dollars, said Thursday the newspaper Economic Daily News.AIG has selected Goldsun Group and the joint bid of Ruentex Group and Pou Chen Corporation, the newspaper said citing sources familiar with the matter.
Oil prices over $ 89
Crude prices were up in electronic trading Thursday in Asia above $ 89 after announcing a drop in crude reserves in the United States.
On Wednesday, oil prices have come down to New York after the numbers mixed on the status of stocks in the U.S., falling between gross and net reserves increase to those of petroleum products.
* Flora Accursi, Sylvain Alzial Pascher and Julie credit report.
The skirmish between Facebook and Google is the dispute over school yard as relations between two of the largest websites in the world. For a week, this exchange takes place, however, almost daily soap opera in Silicon Valley.
The hostilities were triggered by Google. Until then, Facebook members could communicate their Gmail address to automatically add all their contacts as friends on social networking. But a slight change in the conditions of use of Google, reported by the blog TechCrunch, has severely restricted imports machines. Now, Google requires that the system is reciprocal before opening the floodgates. Because he wants to be able to access lists of friends on Facebook in return.
Facebook has found Monday a first parade by telling its members how to manually import their contacts from Gmail business card layout.That earned him a scathing response from Google, who said he was "disappointed that Facebook did not invest his time to enable its users to export their contacts." The next day, an engineer at Facebook has Google's contradictions, recalling that he himself had blocked the export of contacts on their social network, Orkut. And stating an inviolable principle: "Each person owns their friends list, but not their information."
For Facebook, it is indeed no question of changing policy. With over 500 million members, it is in a strong position when the pressure tactics of Google is limited. The social network is indeed at the heart of the circle of friends of users (so-called "social graph"). He cashes his information at a high price to a limited number of partners, among them Microsoft and Yahoo.Apple, which did not accept his conditions, had to launch its social network music without Ping import contacts from social networking. He pays today.
A wage increase of 10% at Google
This new confrontation on the management of contacts, is symptomatic of the growing rivalry between Google and Facebook. While the first connects the disappointments in the community, the other becomes the preferred destination for Internet users grows in advertising, vehicle tracking and mobile. And it becomes threatening. "If users do research while on Facebook, if they write e-mails via Facebook, they are instant messaging with Facebook, then all this will come at the expense of Google," says Ray Valdes, Gartner analyst create business cards .
In this context, the opposition is also more personal.In recent weeks, Google has suffered several departures of executives leading to Facebook, as Lars Rasmussen, co-founder of Google Maps and Google Wave. To retain its employees, Google CEO Eric Schmidt has announced a general wage increase of 10% from 1 January. "We want to make sure you feel rewarded for your hard work, and we want to continue to attract the best talent from Google," he wrote. Today, approximately 10% of staff are former Facebook Google.
Unbelievable but true … On the one hand, candidates who have all the trouble to find a job in a market where unemployment is still rife. On the other, companies that fail to find the right profiles for posts yet attractive. The mismatch between supply and demand is in full swing! In a sense, this is good news, notes Hugh Pariot, owner of recruitment firm Expectra just prepare a guide of those trades so-called "tension" (1).
"For two years we only talking about terminations. The identification of occupations under pressure proves that we are moving toward a resumption of the employment market, "he says. Developed to help companies attract these "key people", this guide lists no fewer than 19 profiles.It is not exhaustive but can understand why some skills are missing.
New requirements
First there is the needs arising from the crisis, related to risk management. This is the case of the lawyer in a company – 51% of deals between June 2009 and June 2010 – or even the industrial buyer, which plays a vital role in optimizing costs. A job for which an 'ideal' profile is that of a general engineer with additional training in procurement, usually in business school. Rather rare. And to cap it all, businesses want experienced … With the lessons learned from the crisis, "credit managers, responsible for managing financial risks, are also being wooed."Especially in SMEs, thereby avoiding the use of corporate risk analysis," says Hugh Pariot no fax pay day loan.
Technological changes have created new needs. The "community manager", which aims to create a buzz around a brand, gives pride to young graduates, keen on social networks and trained on the job. The "ICT project manager" is also part of the profiles found. Responsible for conducting an IT project, it is both technician, manager and good communicator. Profile: 37 years + 5 tray, twelve years of experience …
Hugh Pariot explains the posture of firms. "With little visibility into the recovery, they try to clone the current employees." By requesting such an IT expert to have interpersonal skills, "while their job is more technical."Or by requiring an engineer R & D that is specialized in aviation, "then came a profile of the car is perfectly adaptable. In response, the conclusion of the Director of Expectra is simple: "Companies must be willing to take risks, to train new recruits and to assess potential candidates, rather than focusing on skills. As for candidates, their aspirations will not be a surprise for recruiters: they want better missions and attractive salary …
(1) Survey conducted among 7000 professionals.
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For the sixth day of strikes and demonstrations held since September against the proposed pension reform, mobilization is not weakening, according to the CGT and CFDT. Both unions felt that 3.5 million number of people in the street in France on Tuesday, as many as 12 October. The Interior Ministry has yet identified 1.1 million people, against 1.23 last Tuesday. Mobilization is slightly down.
At Toulouse and Rennes, participation on an upward trend, and also in Marseille, with figures ranging between 23,000 demonstrators by the police, and 240,000 according to unions. In Paris, the trend is similar to that prevailing at the national level, with 60,000 protesters identified by the Prefecture of Police, against 65,000 on October 12. For the CGT, however, the Parisian protesters numbered 330,000, as in the last movement.
"The reactions of Martine Aubry, and Segolene Royal, present in the procession in Paris:
More info on video itélé.fr
Faced with global figures advanced, Prime Minister François Fillon held on Tuesday before the UMP deputies that the movement "began to falter, but becoming more radical." He was referring to the many excesses that marked the movements of students. Of "slips" under which the President of the CFE-CGC Tuesday called for "a pause to refocus the actions of trade unions" at the start of the parade in Paris.
"The reaction of Bernard Thibault, secretary general of the CGT, the violence:
More info on video itélé.fr
"A call for calm as relayed by Francois Chereque, secretary general of the CFDT:
Anglo Irish Bank is "too big to fail". So the government is mobilizing to help him, at the cost of deteriorating public finances. The Irish Finance Minister Brian Lenihan warned that the cost of the bailout AIB will raise the government deficit in Ireland to 32% of Gross Domestic Product (GDP) this year.
"There will be a very important leap in the public deficit in 2010 because of our support to the banking system, which will total nearly 20% of GDP," the minister said in a statement, adding that this would bring the deficit public "about 32% of GDP" this year, instead of the 11.6% forecast last December.
And the Irish government debt will also soar to 98.6% of GDP this year to raw data, against 64% in late 2009, the minister said.
However, the minister wanted reassurance and he said that the state would not need to borrow additional funds to cover this deficit exorbitant because it has sufficient cash reserves.But he added that the government should further savings next year, beyond the 3 billion euros minimum on which he already foresaw.
Brian Lenihan has also ensured that Ireland remained "firmly committed" to bring its deficit below 3% of GDP in 2014, as she had promised the European Commission announcing that he would present "early November" a plan fiscal consolidation over 4 years to fulfill this goal.
Rescue Anglo Irish 34 billion
It must be said that Anglo Irish bank is a real money pit. The Irish Central Bank has estimated 34 billion cost of the rescue of Anglo Irish Bank, in the worst case scenario and to 29.3 billion euros in the best case business card.
Anglo Irish Bank addition, the state will also help the Allied Irish Banks group to recapitalize more than expected, becoming its majority shareholder in passing. The Central Bank has calculated qu'Allied Irish, who had already increased its capital by 7.4 billion euros this year, should raise an additional 3 billion by the end of December.
Never two without three! The Irish government will also have to increase its aid to the mutual bank Irish Nationwide (INBS), nationalized in the spring and had already recapitalized to the tune of 2.7 billion euro, said Brian Lenihan.The state will pay an equivalent sum, subject to the Brussels agreement, bringing to 5.4 billion euros are pumped into the facility.
No help from Europe
Ireland may solve the problem bank "without recourse to the European rescue, said Thursday the leader of the finance ministers of the euro area, Luxembourg Jean-Claude Juncker.
Already yesterday, the European Commissioner for Economic and Monetary Affairs, Olli Rehn, said that Ireland must do without any emergency financial aid from the European Union and the International Monetary Fund, and recalling the EU position .The Commissioner had also said the country should undertake reforms to achieve savings of several billion euros by 2014.
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The French Football Federation is not ready to forget the World Cup in South Africa. In addition to an athletic performance unworthy of his status, Team France has reported a disastrous image (insults from Nicolas Anelka to the national coach, Raymond Domenech, players' strike …). Suddenly, the sponsors, most remained faithful to the FFF, despite their discontent, seeking redress. They reached their end. "We negotiated with our partners in the repair of damages, amounting to 4.5 million euros," said Bernard Desumer, the treasurer of the FFF.Reimbursement without doubt facilitated by the decision of the Blues to waive their bonuses in terms of sponsorship, which enabled the federation to make a saving of 2 million.
States General of football late October
But this refund has necessarily an impact on the financial statements for 2009-2010 of the FFF. Validated by the Federal Council of the federation, they show a deficit of 1.36 million. Revenue amounted to 199 million euros, down 12.7 million (-6%), and expenditures 200.4 million euros."The year 2009-10 was an excellent bill if he had not held a very serious incident in South Africa June 20 (players' strike of the France team, Ed), treasurer of the relativized FFF, recalling that "when the General Assembly in June 2009 in Reims, the budget was built on an operating deficit of 2.9 million euros."
The campaign of the World Cup has yielded a positive result of 600,000 euros.However, the application for the organization of Euro-2016 has resulted in expenditure of 2 million and the compensation paid to the marketing company Sportfive, after the contract ends June 30, s' raises to 2.4 million.
Conflict with its former employees
So that must be held at the National Institute of Sport's expertise and performance on 28 and 29 October of the States General of football, Bernard Desumer not worried. "For us, this is not a problem to submit a budget deficit because our goal is not financial but to ensure the development of football. In the overall budget of the Federation, with football fan is 40 million euros so we had ample opportunity to present a budget surplus, it would have been enough to draw support to amateur football, what we don ' have not wanted to do, "he concludes.In conflict with Raymond Domenech, the former coach Gerard Houllier and the former national technical director, the FFF is found in an awkward position before the States General of football.
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