Germany: higher salaries in industry

 

Historical salary increases announced this weekend across the Rhine fall sheer to Berlin. Germany sees further evidence of the virtues of the model of growth through structural reforms advocated by the government of Angela Merkel. The approximately 800,000 employees in the metal in the regional state of Baden-Württemberg (southwest) achieved a 4.3% increase in their wages after marathon negotiations, announced their union IG Metall on Saturday morning.

This regional agreement, valid from this month until April 2013, is the first to be signed this year in Germany in this vast branch of German industry.

Policy interventions

The agreement, which should serve as a benchmark for other agreements across the country, covers the major German manufacturing industries, including automakers such as Volkswagen, Daimler and BMW. A total of 3.6 million people are employed in the industry a pillar industry for exports to Europe's largest economy.

This is the largest increase in wages since 1992. After ten years of effort, followed by a stagnation of wages over time as the economic crisis is overcome, the German trade unions are now demanding their share. This historic increase was achieved thanks in part to calls from German politicians who have broken with their tradition of not intervening in wage negotiations. Thus, the finance minister, Wolfgang Schäuble, has repeatedly called for sharp increases, holding that wage growth in Germany would be faster than the rest of Europe.

Employees in the metal are found, however, worse off than two million civil servants in the country, who have dropped out in late March up 6.3% of their salaries. These increases are expected to reinforce the momentum of domestic consumption beyond the Rhine, long considered the Achilles heel of German growth. They should also help to reduce imbalances, sources of tensions within the euro area. P. S.-P.

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Samsung does not want to depend on Apple

 

Action Samsung lost nearly 18% in three trading days. Involved? A decision by Apple. The U.S. has chosen to change supplier for certain processors. Moreover, according to many rumors, Apple, which is the largest customer of Samsung is reportedly soliciting Taiwanese companies to further diversify its sources of supply. Bad news for Korean, a measure of wisdom for the American who does not want to depend on its main competitor. Samsung and Apple combine the trial, thirty between them in the world. They accuse each other of copying or infringement of patents. Both companies also try to end the dispute by signing an agreement that they would not divorce. Paradoxically because Apple is more dependent than the other Samsung. The U.S. represents 5% of sales of its competitor, while Samsung is about 25% of the production cost of an iPhone, according to Citigroup check cash advance.

In addition, the two groups are fighting to win the leadership in the smartphone market. For now, Samsung is leading. It should maintain its lead with the launch of Galaxy SIII, its flagship terminal, unveiled in early May. Source of satisfaction, Korean has recorded 9 million pre-orders for the SIII. A victory for any advise him "enjoy". Already last year, Samsung was gone very quickly, before their hair done on the wire by Apple and its iPhone 4S. However, the firm at the apple should market its next iPhone next fall. What boost its sales.

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Moscovici, the specialist for Europe Bercy

 

In 2008, he cherished the hope of becoming the first secretary of the PS. But he had finally lined up behind the candidacy of Bertrand Delanoe. In 2011, he thought he could be a candidate for the Socialist primary. Then he threw in the towel, choosing to support Dominique Strauss-Kahn, then rallying to Francois Hollande not without obtaining the position of campaign manager. Pierre Moscovici, 54, has learned to give up. Here he is rewarded. He is back in force since the government assigned the Ministry of Economy, Finance and Foreign Trade. Certainly it does not get the Quai d'Orsay, which he dreamed, Laurent Fabius was preferred to him. But he inherited a portfolio to match its ambitions. And thereby in passing some disappointed, Michel Sapin in mind. "Mosco" consensual socialist, social democrat, is now a heavyweight team Ayrault, number five in protocol order.

It is he who will be at the forefront of the debt crisis. There is no shortage of assets since knows the workings of Europe. He was, for five years, from 1997 to 2002, Minister Delegate for European Affairs in the Jospin government. At the time, the rise of the Express near the then prime minister, who had just been elected deputy of the Doubs for the first time, had been criticized. But he will prove himself. Former MEP, a graduate of Sciences Po and ENA, he will prepare no quack the French presidency of the EU, negotiating the Treaty of Nice and the European Constitutional Treaty. During this period of cohabitation, he managed also to find his place against Jacques Chirac. In fact, the President of the Republic and the Socialist Minister for European Affairs are of course in these five years: Chirac taking the young minister with no experience under his wing, even to comfort him when he doubted. An agreement with Lionel Jospin was annoyed.

After the failure of the left in 2002, Moscovici was defeated in the parliamentary elections in the Doubs. A year earlier, he had already failed to municipal Montbéliard. Without parliamentary seat, without mayor, he tried his luck with the 2004 European and found his seat in Strasbourg. In 2007 he was again legislative candidate in the Doubs. This time he wins.

Pierre Moscovici, tried by the Revolutionary Communist League when he was young, joined the PS in 1984. He was close to Michel Rocard, Jospin and Dominique Strauss-Kahn, his former professor at the ENA. He is the son of a social psychologist Serge Moscovici, who was a member of the Romanian Communist Party and fled his country in 1947. Pierre Moscovici was the first to openly criticize the Socialist Francois Mitterrand and his relationship with Rene Bousquet. "What shocks me, he said, is that he can spawn with someone who has been a tool of the state anti-Semitism and an accomplice of the final solution of the Reich." … …..

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The submarine curious for billionaires

 

Yesterday, James Cameron, Titanic director has given the private submersibles under the spotlight the feat by successfully exploring, alone in a small sphere, a site 10 kilometers under the sea off the Philippines.

Certainly, it is far from the submarine Phoenix, luxurious project of U. S. Submarines: $ 78 million and 65 meters long. It can cross the Atlantic in one go and has, height of chic, its own miniature submarine. Maybe he interested Richard Branson, the Virgin boss adventurous. It prepares to dive in the Puerto Rico Trench with its own submarine by 8600 meters of water in search of possible treasures.  

Competition is low: according to the manufacturer SEAMagine, only a dozen billionaires possess a submersible, but more often would welcome megayachts small submersibles one million dollars.

French side, the builder DCNS is on deck: its Nautile, the source of scientific submersibles, may well also realize the dreams of billionaires. Who can do more

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In crisp TNT, UPS requires a leader

 

It only took a month of discussions that management of TNT Express, a former subsidiary of the Dutch post, accept the proposed UPS. The American giant of more than 400,000 employees whose turnover in 2011 exceeded more than $ 50 billion has evolved its offering at a time when TNT Express through a bad patch. This has indeed posted a net loss of 270 million euros in 2011 against a profit of 66 million euros in 2010.

UPS approached by mid-February, leaders of TNT Express had rejected an offer that valued the company 4.9 billion euros. But to 5.16 billion euros, UPS was unanimous. This acquisition will enable the U.S. group found mainly across the Atlantic to catch up. In the business of courier, transporting small packages, UPS accounted for only 7.7% of the European market against 9.6% for TNT Express, Fedex and 3.3% to 17.6% for DHL, a subsidiary Deutsche Post, according to figures from Transport Intelligence firm.

While approaching, the two biggest names in express transportation become a European leader in size to cross swords with DHL and especially a world champion since their continental positions complement each other. An asset to get the green light from competition authorities even if Deutsche Post yesterday estimated that the European Commission would consider merging with caution.

The new group formed should weigh a turnover of $ 60 billion and 477,000 employees. By comparison, another U.S. giant, Fedex, achieved a turnover of $ 41 billion in 2011 and employs 290,000 people.

Target: 50% of international sales

The presence of UPS TNT in different regions of the world should stabilize as sales in the U payday loans online.S. will increase from 74% to 64% UPS only for the new group and Europe will reach 22% after the operation against 14% for the only American group.

"Why TNT is it very attractive?" Asked Kurt Kuehn, UPS's chief financial officer, during a press conference in Amsterdam: "Because he manages operations in areas of the world that were unserved: Brazil, Australia, Middle East, the road and rail networks in Europe. "The objective announced by UPS is to reach 50% of sales overseas in the next five years against 26% at present. 

Financially, the acquisition should help to achieve one billion euros in savings, once the integration of TNT Express will be accomplished. Clearly, the group provides $ 400 to 550 million euros in savings per year from 2015 through improved efficiency of logistics platforms, an optimization of aircraft fleets, purchasing … However, the CFO UPS declined to answer questions on possible job cuts among the ranks of TNT. The transaction, which must be profitable within the first year, could be completed in the third quarter of the year.

It is likely that the competitor UPS, Fedex, will not thwart the hostile bid. Especially since the competitor UPS does not have $ 3 billion in cash.

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Google better understand the issues of Internet

 

The Wall Street Journal, Google will soon be able to understand the meaning of the words searched by the user and to provide "direct responses", in addition to the traditional ties linking to other websites. These responses, semantic analysis results, will be displayed directly below the search form, as is already the case during a search on the term "weather" for example.

With Answers service, closed in 2006, Google had already tried to semantic analysis by the only means then available: human responses. People were then paid to answer questions from users. Today, the issues will be analyzed directly by algorithms. To recognize the user's request, Google will index all the information available online, relevant to the topic, rather than just keywords. The Wall Street Journal takes the example of a search for "Lake Tahoe" that will display directly the characteristics of the lake at the top of the results. If the user wishes to know the ten largest lakes in California, Google will display the list of lakes in addition to simple links.

Keep users on Google

By posting relevant content directly on the results page, Google users will no longer need to visit the pages indexed. Specialized site for The Verge, "provide direct answers instead of links to other pages to meet the new Google strategy, which seeks to keep its users within its walls, as it does with Google + quick payday loans." Google's interest is to increase the visibility of ads by keywords on the pages of results. This activity represents "the majority of $ 37 billion in annual revenues of Google," says the Wall Street Journal.

This innovation features reminiscent of Wolfram Alpha, a search engine capable of aggregating and format of information available elsewhere on the Internet. Wolfram Alpha is at the heart of the wizard voice of the iPhone 4S, Siri, who can ask a question to his mobile and get an answer directly, without needing to click a link or to seek self- same information on a web page. To do this, the software combines speech recognition and semantic analysis to recognize the words of the user and the meaning of his question. Recently, Anthony DiClemente, chief of the division of Internet and media research at Barclays Capital was concerned about the impact of the Apple software on Google: "Siri can bypass traditional search engines and provide the user with responses that originally would have necessitated a search online. "

Google could also put this new feature to good use in Android mobile. According to TechCrunch, Google is preparing to launch in fact a competitor of Siri for Android, Google wizard.

Industrial jobs: when the government gets involved

 

The intervention of Nicolas Sarkozy to save Alstom in summer 2004, to his recent statements in favor of employees of ArcelorMittal Florange site, the head of state has been well arise in the opponent's famous statement Lionel Jospin: "The state can not do everything." At least when it comes to industrial employment. "We must at all costs strangle the flow of blood Industrial France," he repeated again in January. Since 2007, the government frequently intervened in several disputes, most often publicized in order to save jobs. A few weeks before the presidential election, the employees do not hesitate to use the campaign to make their demands heard. Overview of some government promises … and their future.

The success

• Photowatt. The resumption of French pioneer of photovoltaics by EDF no longer in doubt. Next Monday, the commercial court of Vienna should assign the assets of Photowatt to the public company called to the rescue by the Head of State at the end of January. Previously, STMicroelectronics, specialized microprocessors, had been approached. Without success. The next upturn of the SME Isère by EDF Energies Nouvelles is good news for employees: the subsidiary of the electrician has pledged to resume on 430 and 345 to reclassify within 60 km of the 85 remaining employees. "Everybody has a job, I do not see what you could get any better," responded Tuesday a Steward FW, while conceding that "the industrial project is to build". According to the UMP Bourgoin, Alain Moyne-Bressan, must already "put 50 million euros on the table for the coming months."

• Lejaby. Mid-January 2012, the Tribunal de Commerce de Lyon chose Alain Prost, former manager of La Perla and Chantelle, as the buyer of the manufacturer of linen placed in receivership. Only problem: the entrepreneur, who keeps only about 450 195 employees, wants to relocate the entire production in Tunisia. This is sign the death warrant of the factory Lejaby Yssingeaux, and the dismissal of his 93 employees. An announcement of the worst effect when the candidate Nicolas Sarkozy – not yet declared – boasts the "Made in France". "I will not let down the people of Lejaby," he warned on January 29. It is ultimately the luxury group LVMH, requested by the Elysee, which will come to the aid of the factory from Auvergne. The takeover bid, from a subcontractor for Louis Vuitton, the company Sofama, was filed on February 1. All staff should be re-employed on permanent contracts, and converted into luxury leather goods.  

Failures:

• Gandhinagar. February 4, 2008, the Head of State gives hope to the 595 employees of ArcelorMittal factory in Lorraine, then threatened with partial closure in the near future. "The State prefers to invest in modernizing the site rather than paying people to go with either early retirement or unemployed," he explained then. He continued: "I will myself announce it has found the solution." If, despite these promises, 595 jobs will actually be discontinued from 31 March 2009, the city of Gandhinagar, however, benefited from a state investment of 5 million for a learning center, and a contract worth 300 million euros between RFF and the steelmaker Corus. Objective: To produce the rails RFF within its Hayange plant, near the disaster site.

"Nicolas Sarkozy in Gandhinagar:

……

The temperature drops, sales climb Damart

 

The sudden blizzard that hit on France warms accounts Damart. Sales of underwear Thermolactyl, the fiber's flagship brand, jumped with negative temperatures: + 255% in distance selling and + 155% in-store. This is much better than other products that have received a boost from the cold wave. According Climpact, sales of creams have increased by 86%, while soups recorded an increase of 25%.

At Darmart, we do not shout victory, however. This excellent performance indeed occur after a mild winter, and consequently very bad for business of specialist cold weather. The brand claims to have suffered less Roubaix this winter too lenient than the competition. "February sales have not saved the season, because we can not recover in two weeks what is lost in three months, said Christine Pageot, executive director of Damart France. But however much it helps start the spring season. "

Each degree Celsius worth its weight in gold in the hot underwear. "From late September, the correlation is very strong between temperature and sales of underwear," says Christine Pageot. These flows especially in October and April, the lowest month, where sales have reached only the fifth best month, December.

Two new concepts to shop

Sales are very responsive to temperature: a drop of ten degrees can be doubled. "The weather and the trappings are flocking orders: the windshield of the car he must scratch, the first appearance of gels," says Christine Pageot payday loans for self employed.

The Thermolactyl, invented in 1953, still accounts for one quarter of sales of the brand (350 million euros last year). The fiber was invented street Dammartin Despature by three brothers, a family of clothiers based in Roubaix since 1850.

In a little less than sixty years, the garment house has changed. The plants are parties in Tunisia, the fiber has evolved into a more silky material and odorless, and lace patterns or trends were established.

If the distance selling is still the majority of sales (55%), the 80 stores in France are the subject of much attention. Two new concepts were launched in 2010 and 2011. First the Damart Sport, with a shelf lined underwear adapted to intensive sport or relaxation, fibers made from breathable or more drinks, designed for summer. Then the Happy D., specially dedicated to the senior client. The favorite of the sign, because it buys for the whole family. Five shops offer ready-to-wear in a style more suited to the "new senior". The early returns are positive. But it is too early to take stock: the new shops did not know the summer season. See you next winter

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Loss history published Monday by the German manufacturer Q-Cells solar panels, receivership last week to the French pioneer Photowatt, bankruptcy of the American Solyndra, despite a half-billion dollars in loans guaranteed by the Obama administration … The horizon of the PV industry seems to have dimmed in recent weeks.

Last date black cloud, so the results of Q-Cells, which Monday posted a quarterly net loss of EUR 57 million, a quarter of sales, itself down 43% year on year cash advance to savings account. The bad news have plunged the action Q-Cells up to 30% on Monday in Frankfurt. The German company cited "market environment significantly more difficult than expected."

The fall of a six-story elevator building in a housing project in Paris on October 27, revived the debate on the safety of these facilities. Work had been made last month on this lift-de-registered by the company Schindler Somatem, responsible for maintenance. Tenants of the building where the accident occurred will file a complaint against Paris-Habitat, owner, announced their partnership "Tenants angry." The social landlord, he has filed a complaint against X. An investigation is underway to determine if it was a defective part of the manufacturer or poor maintenance. Contacted by The Figaro.fr Schindler declined to comment.

France has 520,000 elevators, accessible to 482,500 people. National Park is the most dilapidated of Europe, half of the devices with more than 25 years and a quarter over 40 years, according to the Federation of elevators online cash advance.He points to the installation of variable frequency (a braking system is turned off) on all lifts while he believes that technology is only useful for devices used extensively, is to say in very high buildings or offices, or 20% of the housing.

• New constraints maintenance and troubleshooting

Paul Philippot, managing director of the National Union of property (UNPI), professionals have "staked everything on the renovation, more lucrative than the interview." Robien law has yet mandated a visit technicians every six weeks. "But the elevator companies are understaffed to meet this obligation," said Bruno Dhont.