Deezer hopes to increase its subscriber base – from 25,000 today to 200,000 by the end of the year and one million a year – and expand its sales – 6 million euros in 2009 20 million euros in 2010. Orange, meanwhile, has "to differentiate the active target urban youth and families with teenagers.Indeed, if access to Deezer Premium is included in the packages Origami and a triple play offer at 29.90 euros per month it costs 5 euros extra per month for other packages No fax payday advances.

It remains for both partners, who unveiled their alliance in late July, to sign the agreement validates the rise of Orange in the capital of Deezer. The French operator will take 11% share in the listening site, which provides not need to raise new funds to launch its international deployment in the fall.

This partnership is strategic to guarantee a peaceful future to Deezer.This yields a significant boost to the development of its subscriber base pay, additional income for determining advertising revenue generated on the paid site, which must repay the rights to record labels and copyright societies to exploit the 7 million shares offered to its users.

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Apart from e-tailers (Sarenza, Brandalley …) announced on Tuesday that rates of double-digit growth for the period, many professionals do not share the enthusiasm of Herve Novelli.The Federation of clothing stores (FEH) regretted that such an influx of customers from the first two weeks have calmed down a lot, accusing the floating balances, these balances traditional free-off period – established by law to modernize the economy in 2008.

"I heard here and there a number of criticisms concerning the treatment of sales", said the minister explained that the decision to introduce these additional weeks of balances had not been taken lightly and was the result of months consultation. Nevertheless, he announced the creation of a commission before 15 September 2010 to review progress on this measure for any amendments. Issue which does not entail, for now, its membership.

Echoing the complaints of his guest of the day, Philippe Houze, chief executive of Galeries Lafayette, Herve Novelli also Secretary of State for Tourism has benefited from his visit to criticize the mayor of Paris. Bertrand Delanoe has indeed refused classification of the Boulevard Haussmann department stores and in tourist areas, preventing their opening Sunday.

Extolling the benefits of overseas customers which is keen to encourage the arrival, the Minister expressed his disappointment, and denounce the importance of the shortfall caused by this decision. "We must understand the economic and tourism sector", he said, recalling that the vast majority of Parisians (70%) would not oppose the opening of large stores in the area on Sunday.

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"Discussions are still in their infancy and there is no agreement expected in the immediate future. Issues such as price and management have not yet been addressed. " Both groups refuse to aAny comment.

According to the U.S. daily, officials from Genzyme, which specializes in products for the treatment of orphan diseases, are studying the amount that Sanofi would pay.In Stock, Genzyme capitalization stood at 14 billion dollars (10.8 billion euros) but the group can require a significant premium given its portfolio of drugs. "If we take as a starting point around the 20 billion dollars that has been discussed before, this puts Genzyme to $ 75 (per share)," said Michael Yee, an analyst at RBC Capital Markets.

Blow to Lovenox that will have to battle against a generic

In exchange, the action Genzyme has skyrocketed 15% to 62.52 dollars at the close of Wall Street. And during transactions unofficial title continued to grow.

Faced with competition from generic drugs, many pharmaceutical companies are looking for external growth.And the more that Sanofi-Aventis has paid this Friday a blow, with the approval by U.S. health officials the first of its generic anti-coagulant Lovenox star, his second top-selling drug in the world. "The FDA today approved the Administrationa first generic version of Lovenox, the FDA announced in a statement posted on its website.

This product is developed by the Swiss Sandoz, the generic arm of Novartis, Momenta and American society.Sales of Lovenox, a drug derived from heparin and more complex to copy a traditional chemical molecule had reached 3 billion euros worldwide in 2009, including $ 1.8 billion in the United States.

Sanofi-Aventis revised downwards its forecast 2010

In the first quarter 2010, sales of this drug was 769 million euros, which was still the second largest group of drugs sold worldwide. The FDA's decision also forced to Sanofi-Aventis to reduce its forecast for earnings per share for the year 2010. Sanofi has not waited for the publication of its results on July 29 to do to the markets. "At this stage, the group plans an evolution of the EPS (earnings per share, editor's note) activities for 2010 of between 0% and -4% compared to 2009 at constant exchange rates," says Sanofi- Aventis said in a statement issued late Friday.

In April, the group had confirmed capitalize on growth in earnings per share from 2 to 5% (at constant exchange rates). But this prediction was made without taking into account competition "potential" of a generic Lovenox.

In the longer term, Sanofi-Aventis said in its statement that it "renews its objectives for 2013, as was disclosed in July 2009. At this point the focus group said two billion euros in savings in 2013 compared to 2008, to prepare for the scheduled loss of patent protecting its key drugs in favor of generic manufacturers.

The sales of Sanofi made in the USA by its anticancer Eloxin fell sharply after the launch of generic versions, while its other cancer drugs, Taxotere, will drop its patent to the public in November in Europe and United States.

In late June, Sanofi announced the acquisition of American TargeGen for 560 million dollars (458.5 million euros) in order to strengthen the fight against cancer.

On Thursday, the publication of new U.S. macroeconomic indicators will take the temperature, including enrollment figures for weekly unemployment benefits, the composite indicator of economic activity and housing resales in June There is also a wait before the release Friday of results of resistance testing What happened to the European banks.

The Nikkei hesitates

In Japan, the Nikkei remains very cautious. The Nikkei continues its trend since its opening in the red, to -0.67% (9216 points). The Topix lost 0.52% to 825 points. In China, the two stock markets' performance different, but both are marked by the reluctance of investors: as the Hang Seng in Hong Kong lost 0.16% to 20,453 points, the Shanghai Composite climbed 0.22% to 2541 points.

Elsewhere, the red is the dominant color. In, Korea, the Kosdaq was down 2.13% to 1285 points, the S & P lost 0.58% to Australia 4387 points and the Indian Sensex drops 0.53% at 17,881 points.

Two years after the outbreak of the financial crisis of 2008-2009, part of the United States with the bankruptcy of Lehman Brothers, the European Parliament in Strasbourg approved the text, which was the subject of a June 30 Agreement between the elected and the states of the EU.

In 2011, the bonus must not be disproportionate to the fixed salary and cash bonuses will be capped at 30% of the total premium, or 20% on premiums particularly important.

End outlandish bonuses

Much of the bonus will be paid immediately and will not be after a period of at least three years to allow the employer to recover some cases where investment would not work as expected.

Finally, at least 50% of a total bonus will be paid as contingent capital, which can be recalled in case of banking difficulties, so that taxpayers do not end up in the front line when a bank gets into difficulties.

In the case of banks that receive public subsidies, the text also provides that "no variable compensation should be paid the officers of the institution unless it is justified."

"Europe gets the rules of coaching salaries of bankers and traders with the most aggressive in the world," said a French Green MEP, Canfin Pascal, who negotiated the text. "By limiting the proportion of variable pay in total compensation, this text will finally put an end to extravagant bonuses synonymous with extravagant risks," he added.

A text to the liking of the banking sector

"Two years after the outbreak of the global financial crisis, these tough new rules on bonuses will transform the culture of bonuses and incentives to end the excessive risk-taking", claimed that his side the Socialist Arlene McCarthy, parliamentary rapporteur on file at the agreement in principle on June 30

The text is however not to the liking of the banking sector."We believe that the agreement goes too far, because at the international level, there are already some principles" in the form of recommendations that were made including the Financial Stability Board (FSB), had informed the AFP secretary general of the European Banking Federation, Guido Ravoet after the tentative agreement. "We believe that this is not the public authorities to make amounts, percentages," he added, saying that this responsibility should be left to banks.

"If the international level, it does not follow Europe, European banks have a competitive disadvantage," says Guido Ravoet, who believes that "financial centers like New York, Singapore and Hong Kong will benefit."

Moreover, the adoption in the United States by the House of Representatives of the financial sector reform, discussed for months, will attract the attention of investors.The new legislation will include Washington to restructure financial institutions in bankruptcy, for failing to conduct further rescue operations financed by the state. The powers of the Federal Reserve (Fed) are expanded, a monitoring of the sector is expected and will give consumers more protection. Moreover, hedge funds and rating agencies will be subject to more stringent regulations. The text must be approved by the Senate next week before being signed by Barack Obama.

Statistically, the markets will be introduced in France in production prices and imports in the industry at 8.45. In the eurozone, the PMI manufacturing index will be released in 11 hours. Overseas, the jobless claims will be released at 16 hours and the promises of home sales and the ISM index of manufacturing activity.

In terms of companies, EADS shares will be particularly taken this morning. Indeed, the WTO has dealt a setback scathing EU ordering him to remove certain export subsidies provided to Airbus. The Union will appeal the decision of the World. Financial details have not been disclosed. Boeing believes that the pan-European aircraft manufacturer must pay back $ 4 billion of undue subsidies. But the WTO has put forward any figures, it will be difficult to see clearly the consequences of the decision of the international organization.

Moreover, the numbers of registrations in France will be unveiled on Thursday at noon. According to BFM, registrations have fallen by 10% in the month of June In addition, the phasing of the scrappage scheme does not allow a glimpse of the market recovery in the immediate future.Renault would be the big winner in first quarter sales thanks to its built by Dacia Sandero.

Bank stocks should once again hold the attention of investors with a loan of 442 billion euros on Thursday. A year ago, in 1121 established banks in the euro zone had borrowed over 442 billion euros at the ECB at a fixed rate of 1%, a record in the history of European monetary institution on a single transaction.

The Société Générale will be more monitoring than the AMF (AMF), Wednesday imposed a fine of 100,000 euros to Jean-Pierre Mustier, former head of market activities of Societe Generale for failing to initiated. Conversely, Natixis has been exonerated by the AMF following an investigation into his financial disclosure.

Shareholders will also be sensitive to the decision of Saint Gobain to repay 72.1% of the 2009 dividend in shares to allow the group to consolidate its equity by 368 million euros.

In addition, the Sanofi-Aventis could react to the decision of the U.S. Food to MultEQ, an arrhythmia drug cons of the French group on the quarterly list of its audits.

France Telecom will also be under the spotlight. The operator presents its new internal business plan

Out CAC40, Faurecia announced the acquisition of 18.75% of the Chinese automotive Xujang Group, where he became the strategic shareholder.

This is the second refusal of the Court to certify the veracity of accounts – it is an "improvement" since 2008 – but this verdict is in full disorder pension reform … Instead, the family branch and CNAF, pinned for 2008 are certified, this time with reservations. Certification with reservations for the branches as illness, injuries and recovery, as in years past.

Around 8:20, the CAC 40 futures contract on predicted still opening up slightly from 0.2% to 3691 points.

Like the U.S. markets, which also ended up in small and Asian stock markets, changing early this morning in a disorganized.

Euro side, the rebound is confirmed. On Friday morning, about 87 hours, it all round score 1.2400 dollar. There is still less than two weeks, it was worth about $ 1.19. A recovery that is explained more by technical effects that real underlying trend upward, experts said.

Rich economic news in Europe

In France, on Friday released the book "The French economy" of INSEE.The institute will also present the final results of the index of base monthly salary of the first quarter of 2010. At midday, the index value of orders received in the industry in April appear.

In Germany, Destatis publish the producer prices in May In the United Kingdom, the figures on public finances will be available in May. In Italy, these are the industrial orders contained in the agenda.

In Spain, the IMF Managing Director Dominique Strauss-Kahn, is received by the Spanish Prime Minister Jose Luis Rodriguez Zapatero, amid persistent rumors but denied reports of financial assistance to Spain.

Thursday night, Nicolas Sarkozy, following the Summit of Heads of State in Brussels, said there was "no concern" about the financial health of Spain and no plan aid was in the agenda.

Danone: strategy leader in Russia

Danone and Russian Unimilk announced Friday they would merge their dairy operations in Russia and nearby states no fax payday loans. This merger will create a new entity representing a turnover of 1.5 billion euros, the leader in dairy products in Russia with a market share of 21%.

Danone is the majority shareholder of the new company with 57.5% of the capital. "With this transaction, Danone's net debt will increase by 1.3 billion euros," added the group.

Distribution The distribution Leclerc abandons his device "security updates" deployed in 130 of its 520 stores, according to information from Figaro. Too complex and too costly, he failed to derail the bids of Carrefour and Auchan.

The construction group Vinci has won the contract to renovate the Victoria underground station in London, whose work should begin in 2011 and completed in 2018.Transport of London (TFL) of an amount refers to total 700 million pounds (840 million euros) for the entire renovation of the station.

Sanofi-Aventis Lab has obtained the approval from the FDA (Health Authority) for U.S. marketing of its anticancer Jevtana.

Lagardere Guy Wyser-Pratte wrote to the AMF (AMF) to request an investigation on the counting of votes on resolutions presented at the Annual General Lagardere late April, reported Thursday on its site Expansion Internet.

The biotech company Transgene, which held its general meeting on Thursday announced the merger of the functions of chairman and CEO, both assigned to Philippe Archinard.

Rhodia Standard & Poor's said the credit ratings and the prospect of chemical remained unchanged after the announcement of the acquisition of Chinese Feixiang for a little over 397 million euros.

French plan considered "practicable"

The plan submitted by Paris this weekend, is considered "feasible" by the Governor of the Bank of France, Christian Noyer.This has indeed said Sunday he is "perfectly possible" for France to bring its public deficit to 3% of Gross Domestic Product (GDP) by 2013 as foreseen in the government aims to reduce the public deficit (government, corporate accounts, local communities), 100 billion. To do this, the Governor of the Bank of France has called for "focus on measures to reduce expenditure" Guaranteed no fax payday loans.

Effort on the sources of expenditure

And that's the government's target. The Budget Minister Francois Baroin said Sunday that the objective will be achieved by making "a major effort on all sources of expenditure, the state plans to cut public spending by 45 billion euros. The Minister added that this effort on ITélé would "not less" than in Germany.In Germany, the government wants to save 80 billion by 2014, thanks to budget cuts in military spending and social.

The question remains what the market reaction. For now, a report published Sunday by the Bank for International Settlements (BIS) says that the bailout of the European Union has not defused the fears of the markets. The institutions in Basel has also reaffirmed that the French and German banks are particularly exposed to the debts of Greece, Ireland, Portugal and Spain with a respective total of 493 billion and 465 billion dollars.

Peugeot looks to the platform "Global Small" from Mitsubishi. The latter has developed a specific platform on which a model should first be launched in 2011 in Japan and in 2012 out of the archipelago. The Japanese group would consider producing cars in Thailand.

The French are more interested he has not developed a low cost platform for small entry-level vehicles.

No comment could be obtained immediately from PSA Peugeot Citroen.

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