All World

Total is betting Queensland

The ad may appear shifted. This Thursday, Total launches with partners Santos, Petronas and Kogas, a project of extraction and processing of liquefied gas in fields located in Bowen and Surat. Common point between these two pools: they are located in Queensland, one of the regions currently scuba Australian waters.

Although Queensland is experiencing its second wave of flooding in just 2 years, Total has never sought to withdraw from this project which plans are developed for several years. GLNG baptized, it includes the extraction of coal gas, construction of a pipeline of 420 kilometers and a liquefaction plant with a capacity over time will be 7.2 million tonnes per year. First deliveries are expected in 2015.

Gradually increased the total capital GLNG eventually hold 27.5% of the project.This represents an investment of about $ 4.4 billion.

"There are always risks"

The bet is it risky? "The risk is always there. We can not stop investing whenever something happens, slice a spokeswoman of the group. The weather is indeed a risk. But our partner Santos has conducted several studies on the subject. We have been working on and we are confident in the long term, "she adds.

The potential for the Australian region for the entire group was too important to be left to competition. Resources assets of the two basins in which investment takes place is estimated "at over 250 billion cubic meters of gas," explains the group in a statement. With this project, Total also achieved its twin objectives: to increase in the segment of unconventional gas and liquefied gas.Finally, GLNG opens access to the huge Asian market for liquefied natural gas.

"With this project, our objectives are achieved. It's part of our large strategic sites, "says the spokesperson. However, there is no question, "the moment" to raise attendance at more than 27.5% in this project.

ALSO READ:

"Total: new gas discovery

"Liquefied gas: Japan and Russia join forces

The Paris Bourse is recovering

So that Monday, the Paris Bourse was heavily affected by the rise of the pressure on Portugal, the CAC 40 colors found on Tuesday morning, up from 0.52% to 3821.99 points.

The benchmark index of the Paris, which ends just above 3800 points yesterday, however, remains fragile. In taking down this psychological threshold during the meeting, the CAC 40 also received a major graphics support drawn December 31.

"The trend becomes clearly negative in the short term. In the very short term, the first resistance is at 3765 points.Below, all indicators are flashing with 3730 points as fast target, "according to technical analysis.

Help Europe, good action of the moment

Europe is again shaken by fears of the need for Portugal to do, its tour after Greece in spring 2010 and Ireland in the autumn, the demand for EU aid to avoid financial collapse. Tuesday, Lisbon will unveiled its monthly bulletin of the Bank of Portugal, together with its economic forecasts.

On Tuesday, Japan's Minister of Finance, Yoshihiko Noda, announced Tuesday that his government planned to buy bonds from the European financial stability (EFSF) to help stabilize the euro area.The other Asian giant, China has already expressed its readiness to help European economies most exposed to a debt crisis, promising to buy government bonds directly from Greece, Portugal and the Spain.

The euro has surged in the wake of the announcement of Japan, from a few minutes dollar 1.2989 1.2910 dollar in Tokyo. He then lost much of its gains and was trading at 1.2940 dollar at 4.30, against 1.2950 dollars the previous day at 23h in New York. According to Yuji Saito, a specialist in foreign exchange at Credit Agricole, the single European currency is then quickly reversed its gains when traders realized that Tokyo would use its reserves in euros to acquire the bonds, which means no massive buying euros is to be expected.

On Tuesday, opening, banking stocks catch up part of their heavy losses the previous day.Credit Agricole rises of 2.35%, BNP Paribas 1.73%, 1,7.3% of Société Générale and Axa of 1.57%. Natixis rises of 0.9%.

Alstom is taking the lead in the index, up 3.26% to 36.14 euros.

On the other hand, EDF has the lowest (-0.99%).

Competition "fair" for tankers

Barack Obama on Monday promised to Nicolas Sarkozy fair competition for the award of the tanker market in the U.S. Air Force, reported the French presidency. The American Boeing and European consortium EADS (0.89% to 19.33 euros) in competition for this market of 50 billion dollars (37 billion euros) which is in his third bid.

Renault: 0.48% to 47.73 euros Reportedly, two of the three executives have accounts in Switzerland and Liechtenstein supplied by a Chinese company, according to private investigators.Employees attend their meeting on Tuesday to advance to a possible dismissal.

Furthermore, Renault sold last year 2.6 million vehicles (+14%) is less than one million PSA Peugeot Citroen.

As telecom rival Free (subsidiary of Iliad (-0.09%)), the second largest French mobile, a subsidiary of Vivendi (+0.3%), SFR will include effective January 18 calls to mobile the unlimited package for its new Internet box "Evolution", as revealed last night the Twitter site specializing N9ws.

The world's largest steel ArcelorMittal ArcelorMittal has extended its offer until Jan. 21 acquisition of Canadian producer of iron ore Baffinland.

CGG Veritas: 0.53% to 22.60 euros The availability rate of its vessels was 84% in the fourth quarter of 2010, against 87% in the third and 86% in the fourth quarter of 2009.

Air France-KLM: 14.64 +0.10% to EUR The company announced yesterday, Monday, the arrival of the Saudi national carrier Saudi Arabian Airlines in the SkyTeam marketing alliance which will strengthen its presence the Middle East.

Vinci: 0.28% to 39.75 euros The group reported Monday the inauguration, last weekend, the duplex A86, a ten kilometer long tunnel that connects Rueil-Malmaison (Hauts-de-Seine) and Velizy (Yvelines), thus completing the A6, the "super device" in the Paris region. The tunnel, whose first section was in service since July 2009, representing an investment of 2.2 billion euros.

Wall Street remains cautious before quarterly results

The Dow Jones Will he be able to bring up a seventh week on Wall Street? The first exchanges do not seem to support this hypothesis. The Dow Jones actually declined from 0.30% to 11,640 points on Monday, while the Standard & Poor's 500 and Nasdaq 100 display respective withdrawals from 0.57% to 1264 points and 2687 points to 0.58%.

Last week, despite job creation figures below expectations, Wall Street had not yet lost the enthusiasm which will definitely reach throughout the month of December: the Dow Jones and have concluded a sixth consecutive week, earning 0.84% to close Friday at 11 674.76 points. The Nasdaq, dominated by technology, has gained 1.90% to 2703.17 points and the Standard & Poor's 500, 1.10% to 1271.50 points.On the only meeting last Friday, the disappointing employment figures and the Fed's speech, however, slightly tarnished the atmosphere.

"The Fed chairman did indicate last Friday that the pace of U.S. economic growth should be moderately stronger in 2011, said Franklin Pichard, director of Barclays stock. Ben Bernanke believes that four to five years more may be needed to completely normalize the job. " The Dow Jones has nevertheless increased in the week to levels seen since August 2008, while the S & P 500 was renewing record of early September 2008 and the Nasdaq with those of December 2007.

Beige Book menu macroeconomic and inflation

On the macroeconomic front, nothing to report on the agenda of U.S. data on Monday. This Tuesday will still be issued figures for wholesale inventories for November.Investors look especially carefully, this Wednesday, the Fed Beige Book, economic reports of the U.S. central bank. Will also be well attended, the import price on Wednesday, the producer prices on Thursday and those for consumption, on Friday. The same day, the sales figures for December will detail scrutinized.

Alcoa opens the dance publications of the 4th quarter

But investors could, this week, will leave a little more guided by the news business than by macroeconomic indicators.

On Monday, in fact begins the dance of corporate earnings for the last quarter of 2010, at the opening, today, the aluminum producer Alcoa payday loans no teletrack.Including any successor, this Thursday, the maker of Intel microprocessors, followed the next day by bank JPMorgan Chase.

Dupont Danisco Acquires Sara Lee and attracting investment funds

The big event of the car also opens its doors on Monday in Detroit. It marks the return of General Motors (0.56% to 39.20 dollars), Ford (0.71% to 18.40 dollars) and Chrysler.

Indonesia has given fifteen days to the Canadian manufacturer of BlackBerry, Research in Motion (-0.89% to 61.13 dollars) to prevent access to pornographic sites on their phones without restricting its services. The ultimatum, which comes from the Indonesian Minister of Communications and Information Tifatul Sembiring according to the Globe Jakarta, Sunday attracted a wave of protests over the internet.Research In Motion (RIM) on Monday pledged to filter "as soon as possible" the Internet in Indonesia in response to this ultimatum.

The sector is under pressure since last Friday, ruling in a Supreme Court invalidated two Massachusetts foreclosures conducted by Wells Fargo (-0.85% to 31.23 dollars) and U.S. Bancorp (+0.08 % to 26.11 dollars). A decision that could set a precedent.

The American chemist Dupont (+0.38% to 21.07 dollars) for his part said Sunday it would buy the Danish food group Danisco (23.79% to 14.31 dollars) $ 5.8 billion dollars, signing a new foray into a high growth sector. This transaction will enable DuPont to enter the market niche that is the area of food additives.An area hitherto dominated by International Flavors and Fragrances.

Finally, a consortium of investment funds, including Apollo Global Management, is interested in a buyout leveraged buyout (LBO) Sara Lee (2.48% to 17.86 dollars) and came into contact with the U.S. food group said on Sunday a source familiar with the matter. The Wall Street Journal was first to report that information, adding that the consortium also included Bain Capital and TPG Capital. If ever Sara Lee, whose market capitalization is about $ 11 billion, was taken via an LBO, this would be the largest such operation since the credit crunch occurred in 2008.

Renault espionage: Track Chinese

The amazement continues to grow at Renault, touched by an incredible case of industrial espionage. The three top leaders laid off on Monday, "particularly strategic position in the business," threatened "consciously and deliberately" of "strategic assets, intellectual and technological, management said Thursday, citing" a beam converging elements . The group, for whom the facts are "very serious" studying options that would lead "inevitably to a complaint."

"The matter seems serious," responded Eric Besson, Minister of Industry, stating, after discussing with the management of Renault, the term "economic war" was "adapted".He said he called for the strengthening of measures with regard to trade secret for companies receiving public money.

The secret information released outside concern, according to several sources, the battery and the engine of future electric vehicles, those who come out after 2012. The three executives complained could have sold patents not yet filed one or more intermediaries specializing in competitive intelligence, internal sources said Thursday. Regarding the final recipient of this information, Renault suspected a Chinese actor, according to several inside sources. The French secret services, who are taking this matter seriously, have started an investigation that also favors the Chinese track, according to our information.

The group is especially shocked that the electric car is its flagship project.He would like to become his ally with Nissan, the number one market. The French manufacturer, which will launch four electric cars 2011-2012, has filed 56 patents on the electric car, 34 deposits are imminent and 115 others are being analyzed. In total, Renault-Nissan has invested 4 billion in this technology, including $ 1.5 billion in the battery, the sinews of war. All the Chinese manufacturers close behind the group, with 1.36 billion invested in the electric battery, according to Roland Berger guaranteed payday loan. China launched an ambitious program to develop electric vehicles, comprising 16 public constructors. It plans to invest approximately $ 15 billion in ten years on green vehicles.

The most senior of the three men implicated, Jean-Michel Balthazar, a member of the steering committee and director of the division and upstream projects, "was known for his involvement in the group.Hired in 1980, he led the development of the Laguna 3 until late 2005. His deputy, Bertrand Rochette, responsible for pre-projects, has also been laid off. As Matthew Tenenbaum, assistant project manager electrical vehicles.

Several months of investigation

The three men were the subject for several months of investigation by the ethics committee of the group, warned in late August. Monday, after "sufficient evidence" were gathered to prove that confidential information had been transmitted to the outside, security agents raided the Technocentre in their offices and seized their computers. These people were immediately ordered to leave the company. The ethics committee will share their grievances which they are charged Jan. 17, according to internal sources.A conversation that could lead to their dismissal.

Cope with "many rumors" circulating and are "likely to undermine the image and effectiveness" of the group, Patrick Pelata, the deputy CEO of Renault, has sent an e-mail to employees urging them to "reserve".

ALSO READ:

"The government talks of a" serious business "

"BLOG – Automobiles regular victim of information leakage

"INTERVIEW -" The state is developing new competitive advantages for businesses, "

"An Act to protect trade secrets

"Top of the offensive power of the Renault-Nissan

"What Renault is preparing for its strategic plan

Facebook could publish its accounts in 2012

The mystery around the Facebook accounts could be lifted by April 2012. Concordant sources, the online social network will soon have more than 500 shareholders and will be forced by law to publish certain financial information or preparing an IPO.

Already, a memo circulated to potential investors and reported by several media reveals first figures on the website activity. Facebook would have made profits of $ 355 million in the first nine months of 2010, for a turnover of 1.2 billion.

The social network in a half-billion subscribers is currently valued at $ 50 billion after the U.S. investment bank Goldman Sachs has invested directly this week 450 million, while offering the opportunity for individual investors to take a stake in Facebook worth 1.5 billion dollars.

This operation attracted the attention of régulateurs.Les much speculation about the intentions of the group led by Mark Zuckerberg, including the fact that he may be trying to circumvent a possible IPO, while a listing on procurement constraints associated corporate transparency.

ALSO READ:

"Rush investors on Facebook

The turnover of over a billion Facebook

Homes Borloo complaints defects

Cracked walls, leaky chimneys, shutters that do not close, gutter-grid, electrical non-compliant … the lists of defects found by four owners of houses Havre Borloo is long. The bill also has increased. While the program launched by former Minister of Social Cohesion provided at a cost of 100,000 euros per house, in fact the final additions have all exceeded that price. For one family, the final bill even reached 150,000 euros.

Faced with silence from the developer – a company of Val-de-Marne – the owners have demanded Tuesday an injunction, the appointment of an expert independent judiciary, officials said in court. This solution was approved by Laurent Lepillier, counsel for the New workshops Urban, who said she was "able to bring the serenity and initiate dialogue".Then the installation of families in their home last September, the parties refer in fact responsible.

Answer January 18

The sponsor believes that those defects are "greatly exaggerated". Eric Gaillard, head of the New Urban workshops, "these are small faults, microcracks, but no site is perfect." He also asserts that the owners have refused to receive the workers sent to carry out necessary repairs, and challenges the Latvian company has developed the concept of timber-framed houses.For its part, the first deputy mayor Cahierre Agathe (UMP) said that this promoter is "defective" but stressed that 150 houses or similar Borloo were delivered "no problem" in Le Havre in 2010.

As for the passing of tariff, the developer explains that this is justified by "the evolution of market prices" since the launch of the operation by Jean-Louis Borloo in 2005. And he accepted the appointment of an expert, his lawyer has instead asked the judge to reject the principle of paying an allowance of 4000 euros per family. The expert must rule on January 18.

ALSO READ:

The flop houses Borloo

"Boutin Houses" and "Houses Borloo: what differences?

"Living in a house at 100,000 euros

The CAC 40 in early 2011 with a bang

Turn the page that was white this year 2010, as will be the focus of investors in the new year. The CAC 40 has lost more than 3% last year. Even if, as most experts point out, the first half is expected to remain difficult. In Europe, the priority is to continue to reassure investors on public debts, including Spanish, which should be the main attraction of financial markets.

In the wake of the Asian stock markets, the CAC 40 climbed 1.99% to 3880.60 points in mid-session. On the stock market in Frankfurt, the Dax gained 1.50% to 7017.98 points. The London Stock Exchange, meanwhile, closed due to holiday.Tokyo and Shanghai were also closed.

PMI Program

The manufacturing growth slowed slightly in December after reaching its fastest pace in 10 years in November, according to final results of the survey with Markit purchasing managers released Monday.The PMI manufacturing index rises to 57.2 in December against 57.9 in November, but was raised significantly compared to the first estimate for December (56.3).

Registrations of new cars has remained at a high level in France in 2010 to 2.25 million units thanks to the scrapping, which took full effect until his disappearance in late December, according to Figures released Monday by the CCFA.

United States, two indicators are on the agenda: construction spending in November, the ISM index of manufacturing activity in December to 16 hours.

In China, the PMI of non-manufacturing sector stood at 56.5 in December, winning more than three percentage points from 53.2 in November, which had represented a low of nine months, according data released Monday by the China Federation of Logistics and Purchasing.

On the foreign exchange market, the euro was down against the dollar on Monday due to uncertainties still the public finances of most vulnerable countries in the euro zone as Portugal and Spain. Around 11:00 am in Paris, the euro was trading 1.3303 dollars against 1.3381 dollars on Friday night.

Auto restart values

Values motor show the largest increases in the CAC 40, shortly after opening. Renault climbed 1.85% to 44.30 euros and Peugeot rose 3.03% to 29.27 euros.

GDF Suez: + 2.35% to 27.48 euros

GDF Suez would reflect, according to Bloomberg, to open the capital of its exploration and production industry. The group intends to finance investments and acquisitions to double its gas and oil.The IPO option would be rejected.

Lagardère: + 7.38% to 33.10 euros

Lagardere said Friday evening is in exclusive talks until January 30, 2011 with the American Hearst on the sale of its flagship news magazine world payday loans with no fax.

JC Decaux: + 4.21% to 23.99 euros

The title is submitted after the remarks, Business on BFM, its joint managing director, Jean-Charles Decaux, which said in part anticipate doubling the number of passengers in air transport by 2030 to 11 billion people."There is nothing new but it's enough to entice investors on vacation last week to catch up on the title," said an analyst.

TF1: +3.5% to 13.44 euros

TF1 is doped by a news television station confirming its position as the leading chain in France.

ArcelorMittal: + 2.04% to 28.96 euros

ArcelorMittal raised its offer on Friday the Canadian mining group Baffinland Iron Mines, matching the offer per share just relieved of Nunavut Iron Ore Acquisition. Baffinland has recommended that shareholders of ArcelorMittal accpet the offer and reject that of Nunavut.

Wendel: + 0.06% to 68.95 euros

According to the Journal du Dimanche, the IRS alleges that a financial Wendel established in 2007 granted 14 of its leaders.They were imposed in May 2007 a total of 324 million euros in shares, to interest them in their business results.

Euler Hermes: -2.38% to 69.85 euros

Euler Hermes does not increase its rates in 2011 and has been a downward pressure on certain contract renewals, as the chief executive of insurance group credit, Wilfried Verstraete, in an interview with The Tribune.

Saint-Gobain: + 3.17% to 39.72 euros

The American group Coorstek announced the finalization of the acquisition of advanced ceramics division of Saint-Gobain.The transaction, amounting to $ 245 million, was announced by Saint-Gobain end of June.

Technicolor: -1.27% to 3.51 euros

Technicolor announced Monday it had completed the sale of the professional broadcast its Grass Valley division, which supplies equipment for television and film, to Francisco Partners.

Gemalto: + 0.31% to € 31.95

Gemalto and Verifone Systems have strengthened their strategic partnership including the acquisition by VeriFone activity of payment terminals (POS) and the designation of Gemalto Gemalto as a preferred supplier of wireless modules Machine-to-Machine (M2M ) and related solutions for payment systems, VeriFone.

Axa: + 2.45% to 12.75 euros

According to the website of German newspaper Die Welt, thirteen industry groups, including Axa, have urged the European Commission to impose sanctions against Hungary, accused of anti-competitive measures.

On the currency markets, the euro started the year down 0.64% against the dollar at $ 1.33, after three consecutive sessions increase.

TV connected threat PAF

Click on the thumbnail to enlarge the graphic