"There was no cancellation in the legal sense. These are the tenders that have been canceled. Today, nobody can say 'I lost the case, because no one had been chosen "slice Lars Bernard, vice president of Synhorcat, a leading professional trade."So there is no impact because in this profession, we do not prepare anything in advance. A caterer is not Picard, irritated the union representative.

Same story on the side of the Elysee usual caterers. "We were still at the stage of tendering. We filed our application and we expect the answer. We have therefore incurred no expenses, "said Francois Raynier, owner of upscale catering Raynier Marchetti, who denies the passage strengthened its team of 150 people in anticipation of the Garden Party. "150 is our average size," says he.

"From homemade

The prefecture also announced that the cancellations last minute should incur any costs because the buffets are mostly prepared in-house. "We use the kitchen of the prefecture," says one in Rennes.In the Sarthe, everything is "homemade" due to "credit limit". The few jurisdictions involving caterers explain – as is the case in Mayenne – they were still "at the stage estimates.

In the Alpes-Maritimes, the services of the prefecture are in this case state spending "very minimal" to "a few hundred euros": "We're pooling with the city of Nice and the General Council of Alpes-Maritimes limit spending from outside caterers, "says a spokeswoman.

Flexibility

Even if there had been a contract between two parties, there is no fixed schedule for repayment in the profession, making negotiations on a case by case basis between the provider and client. "It's the law of business but we always find common ground," says Bernard Bras.In case of cancellation, the situation remains manageable, "he assures," It is a profession without visibility. Sometimes some customers confirm the case only 3-4 days before the big day We are accustomed to this kind of situation. "

At the forefront of the controversy, the food critics temper this speech. According to them, traders are well advised not to claim compensation for the expected win lucrative contracts in the future. "It's flattering to prepare the buffet or the Elysee Matignon is a commercial asset, an honor, a good card," says Claude Lebey, editor and author of restaurant guides.

Rebound

The representative of Synhorcat still regrets the loss of activity represented by these cancellations. "We are talking thousands of hours of work.For the Elysee, the decision could also have been taken earlier this year when the budget is fixed ….

For the future, the profession remains optimistic. The idea of a snowball effect of cancellations is scanned. "On the corporate side, which represent nearly 80% of our business, we see a rather significant recovery from last year," says Lars Bernard. "These are not exceptional receptions for when the box is bad, do not 'do too much peter cap'. But when there is a quick turnaround, we must celebrate. This is happening today. " The other big market traders – that of individuals – is also on the mend: "over time, we notice that people continue to celebrate events," notes vice president of Synhorcat. The public sector, the smallest of openings, should be the one to be hit hard.

"End 2008-2009, business has plummeted because of last minute cancellations of contracts. In the worst of the crisis, some professionals have lost 40% activity. 2010 is therefore a year of healing. Regarding cancellations, we are entitled to think that this will not be like that all year, "concludes Lars Bernard.

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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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The fact that Audi volumes (+ 21.7%), third in 2009, have exceeded those of the Mercedes in January-May (since it had not Smart) does not seem to affect the group in Stuttgart. "We are not trying to make the race with Audi volumes. What is important is to have the best margins, "says Le Figaro Joachim Schmidt.

After a bad year when she accused an operating deficit of 500 million euros, the car division of Daimler posted a profit of 806 million euros in the first quarter.Representing an operating margin of 7%, which could still grow in the second quarter. Audi is better (5.8% margin) and the BMW automobile industry (2.7%) on the first three months of 2010. Over the year, Mercedes is an operating profit of 2.5 to 3 billion.

To continue to accelerate, Mercedes intends to grow its "greatest asset": the strength of its brand. The manufacturer is launching a global communications campaign, which begins in France in late June, around the slogan "best or nothing," referring to its ambitions in terms of quality, style or safety. Mercedes had no motto since 2005.

Renault cooperation

It's probably in China, Eldorado for luxury cars and the first outlet of the class E, the prestige of the brand is the highest. Mercedes sales have more than doubled since January."We should exceed 100,000 units this year. And in 2015 sales goal is 300,000, which would make this country, currently our third largest market, the first, "said Joachim Schmidt.

In Europe, the German, who, like his rivals, has received almost no premium for scrap in 2009, provides volumes "stable" this year in an overall market decline. It has expand its offerings of smaller cars by launching four new models of Class A and B by 2013. Half of the corresponding volumes will be manufactured in the factory being built in Hungary.

Only downside, sales of the little Smart ball group, continue to decline (- 17.8% through May). Mercedes is counting on cooperation with Renault to make it profitable through "economies of scale," the next generation of this model to be developed on the same platform as the Twingo.

Edward Whitacre, CEO of General Motors (GM), has made debt repayment a central tenet of its strategy to recapture the American consumer after the bankruptcy of the manufacturer last year.Following the rescue of Washington, which had injected nearly $ 50 billion in total, though the company had until 2015 to meet its debt by $ 6.7 billion in cash, the rest being paid in share capital.

The rival Ford, which did not require such a rescue has benefited greatly from its game in recent months, with sales up 38% in March, year on year. GM lost 4.3 billion dollars over the first half of 2009, but Edward Whitacre expects the results "solid" for the first three of the year. The figures will be published next month.

Success is recognized Stock Exchange: Investors bought shares Apple Monday, allowing the group to climb over 1.07% at the close of the meeting. Actions cotent and 238.50 dollars, and shot while the index of technology stocks, the Nasdaq, rising.

Price target raised to 30% at JP Morgan

This enthusiasm was immediately relegated to the level of financial analysis.Mark Moskowitz with JP Morgan raised its price target on the value of 240 to 305 dollars, almost 30% more, believing that "iPad is a first step towards a new kind Honourable products" saving account payday loan. According to the strategist, the U.S. giant will sell 825,000 tablets in the quarter ending in June

For Peter Misek, Canaccord Adams, sales could reach 3.7 million units in the fiscal year. His first estimate, made before the launch was 1.2 million units.

SelonCharlie Wolf of Needham & Co., the iPad is a product "that nobody needs but everybody wants."

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While Greece is saved, but the helm of the 4,000 technical points should be saved without being highly outdated. For the situation in Europe is not rosy either. The Portuguese and Irish records on the deficits are in the pipeline.

At the opening, the CAC 40 rose slightly, from 0.33% to 4002.13 points.

On Monday, the news is rather poor.In France, the publication will be more interesting day tomorrow, Tuesday: INSEE unveil quarterly national accounts in detail for the fourth quarter of 2009.

In the euro zone on Monday, the index of economic confidence in March will be released in 11 hours. In Brussels, will meet on Monday the European Ministers of Agriculture and Fisheries. Last week, President Nicolas Sarkozy was willing to "a crisis in Europe" saver for the Common Agricultural Policy (CAP).

In the U.S., investors expect the revenue and expenditure of households for the month of March at 14.30. Tomorrow, they watch the housing prices Case & Shiller, and consumer confidence in March.

The energy for

The dismissal of former chief investment officer of TCW, the U.S. subsidiary to 100% of Societe Generale (0.81%, to 47.5 euros), caused a stir in the United States.The bank believes that this case has "a very marginal impact" to its shareholders payday loans for bad credit .

The fifteenth penal court of Nanterre Friday acquitted the former CEO of Vinci (+0.29% to 43.6 euros), Antoine Zacharias. Prosecutors, who had claimed two years suspended sentence and a fine of 375,000 euros, has appealed the ruling. His annual pension of 2.1 million, his early departure of 12.5 million and earnings of 4.2 million euros in 2005 are therefore assumed to septuagenarian.

Side energy, France is currently working on establishing a consortium of companies responsible for developing a vast network of power lines under the Mediterranean Sea, to deliver solar electricity produced in Africa to Europe.

This project, called Transgreen, bring together suppliers of electricity, electricity grid managers and manufacturers of high voltage equipment under the umbrella of EDF (0.72%, to 39.3 euros), confirming information daily special Enerpresse.

Furthermore, the organization of international environmental advocacy group Greenpeace accused Areva of endangering the health of residents of uranium mines it operates in northern Niger, in a report published Monday.

Finally, according to Les Echos on Monday, Total (at equilibrium in the early exchanges) is currently selling the Lindsey refinery in England in the northeast. "The first offers are expected in the coming days," reads the columns in the business daily.According to el Sunday Times published Sunday, Gazprom or Valero Essar would instantly.

Later results, Korian, Trigano and RATP unveil their accounts.

According to Le Parisien, retirement Veolia would exceed 1 million. It would consist of retired Safely Agirc-Arrco of around 90,000 euros per year, and three retreats "houses" retaite a defined contribution pension and two hats.

These four elements can not exceed 50% of average earnings the last three years, the total amount of this pension would be between 1 million and 1.15 million, according to the daily instant payday loan .According to an actuary AG2R La Mondiale, the largest pension hat could reach 700,000 euros.

Not being an agent EDF, Henri Proglio not collect retirement hat at EDF.

Quoted in Le Parisien, St?phane Fouks, director of Euro RSCG, responsible image of the boss of EDF, said "until now Henri Proglio had no euro.

"In the beginning of this year's event takes off. I am announcing that we will revise upwards our growth rate during the presentation of the budget law on investment for the future, next week, "said Francois Fillon. "I think we will not be far from doubling our last official forecast, which was 0.75%. The government is coming close to economists' forecasts.Deutsche Bank expects growth of 1.5% in France this year.

"Keep strict state spending"

The Prime Minister also made a sign towards the financial community. He promised that he would present "in the coming weeks our overall strategy of leaving the zone of excessive deficit by 2013, indicating the conference organized deficit late January.

"We will continue to take strict state spending: already in 2009, these costs will ultimately be slightly below the ceiling which had been voted by Parliament," he argues."For 2010 we have also decided that the interest burden of the investment program (large loan) will be offset by an equivalent reduction in state spending."

The rating agencies have repeatedly warned Paris that he must submit a strategy of rapid reversal of deficits and debt.

The Economy Minister Christine Lagarde announced late December that France knew "a slight recovery" and that growth in the fourth quarter 2009 is expected to be slightly above the 0.3% recorded in the third.

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"Stiglitz:" The deficits are not a problem "

"2009 and 2010, years deficit

• Transport

"We sold out of salt in Britain. We need between 4,000 and 5,000 tonnes, said yesterday morning the prefecture of C?tes-d'Armor. A freighter was delivered yesterday 400 hundred tons of salt in Saint-Malo. The motorway companies claim to have sufficient stocks of salt, but are not certain of being able to deliver.

The trucks – including those transporting salt – should get up to three prefectural authorities to travel in snowy areas. From his side, Eurostar has restricted the movement of Saturday's train.The main airports remained open, but traffic remains disrupted, with delays and cancellations.

• Agriculture

Agriculture is doubly affected by the weather. The cold wave disrupts production. Leeks, caught in the frozen ground, are difficult to uproot, salads, even in greenhouses, are unusable. Small consolation for the vegetable: the prices of fruits and vegetables are on the upside.

Dairy producers are also victims of bad weather, the milk collection is rendered impossible, especially in Britain. The roads are blocked by snowdrifts. Producers are forced to dump their milk.

• Building

"When temperatures are near zero, it is virtually impossible to sink a concrete" classic ", says one expert.Traditionally, sites are interrupted when temperatures become negative.

This data is taken into account when setting schedules. But this year, the duration of the episode is likely to exceed estimates.

• Distribution

Deliveries are not guaranteed, especially in Britain. For the moment, no shortage is feared, but supply problems are starting to be felt in the spokes.

Fortunately consumers are reluctant to run the stores, despite sales. Declining attendance reaches 60% depending on the charge of a Carrefour in the Toulouse region.

In contrast, the Printemps Haussmann in Paris, he sold a jacket every 7 seconds!

• Industry

Plants PSA Peugeot Citro?n, Sochaux and Mulhouse have stopped production Friday night to Saturday because it was delivered in pieces. Trucks suppliers could not move. This represents a lost production of about 2,000 cars.

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According to the Tribune on Thursday, the European aerospace and defense "seriously considering to terminate most commands already signed, worth about 400 million euros, in partnership with industry the country (including groups with Denel and Aerosud) and was related to the purchase agreement of the eight A400M.

According to business daily, EADS has also asked the missile manufacturer MBDA, in which it holds a 37.5%, to freeze talks with Denel.MBDA has been negotiating for two years with the South African group to take a 51% in the group.

The difficulties accumulate for EADS while Malaysia Airlines (MAS) announced on Thursday that Airbus had an eight-month delay in delivery of first A380 in a series of six that she had ordered. The company now take delivery of its first A380 in August instead of January 2011. Information which has been confirmed by a spokesman for Airbus. In early November, before the "cost escalation" of the order, South Africa had canceled his order. A new blow for the European group whose competitiveness is already weakened by the weak dollar, which is delayed by at least three years from its original delivery schedule.

At the Paris Bourse, EADS shares fell 2.5% Thursday. The day before the title had already declined by 3.8% and again from 2.09% Tuesday.In case the postponement to 2013 of delivery of 54 Airbus aircraft, commanded by U.S. Airways a big Airbus customer. In the process, Natixis Securities has lowered its price target to 10.50 euros against 13 euros, while remaining "ease" of value.