The latter will take office as president of GM Europe on 1 January while retaining his current position as CEO of Opel.

General Motors had appointed in March the former head of engineering at the head of the European manufacturer Opel.

In a "difficult situation", France has retained last year's fourth largest exporter behind the United States, Britain and Russia, reads the report to Parliament on the exports of arms of France in 2010.

The main customers of France were Saudi Arabia, Brazil, India and Malaysia.

In the preamble to the report, the defense minister, Gérard Longuet, welcomed a "success" of France in a crisis.

He sees an encouragement "not to relax our efforts and to continue our work for our exports to strengthen the industrial and technological base defense of our country and preserve the 165,000 jobs that the industry has."

Over the period 2006-2010, the Middle East is the top destination for exports with 27%, followed closely by Latin America 25%, thanks to contracts with Brazil.

Asia represents 18% of the market, and expected success with India could advance this figure in years to come.Finally the percentage of world market share in Europe is 17%.

The contract for the sale of two ships Projection and Command (BPC) Mistral class in Russia for an estimated $ 1.2 billion was signed in June, and is not accounted for in 2010 .

The two helicopter carriers are built by the French shipyard DCNS, contractor on the contract, and STX, in collaboration with OSK.

DCNS, a public company, is controlled to 25% by the defense electronics group Thales.The Korean group STX, owner of the shipyards of Saint-Nazaire, is also involved in the construction of the Mistral.

As for the ongoing negotiations with several countries including Brazil and the United Arab Emirates to sell for the first time outside the Rafale combat aircraft from Dassault Aviation, they have not yet been completed.

Over the decade 2001-2010, the United States, Britain, Russia, France and Israel have shared 90% of the arms market.

The Dow Jones gained 1.44% or 153.41 points at 10,808.71 points. The Standard & Poor's 500 benchmark fund managers, was awarded 24.72 points or 2.25% at 1123.95 points. The Nasdaq composite has been 2.95% or 68.99 points to 2404.82 points.

The U.S. stock market at large had lost 18% over the last four months, affected by poor economic growth around the world and concerns about the deficit countries in the euro area.

The magnitude of these losses out of the woods investors on the lookout for buying opportunities.In particular, they set their sights on tech stocks and banking.

"We buy a few shares. We stick to companies with strong balance sheets, or with a global presence in emerging markets, certainly not in the financial services area," said Kim Forrest, an analyst at Fort Pitt Capital Group in Pittsburgh.

Some other investors, however, favored the bank. The index of the financial sector, down nearly 30% since the market peak reached on April 29, ended up 4.1%.

The remarks of the President of the Federal Reserve were also able to help cheer the fellows.The Fed, Ben Bernanke said, is ready to take further steps to support economy "almost staggering," clearly referring to the will of the central bank to intervene further to ensure that the U.S. fall into recession.

In terms of values, Apple, including the presentation of the new iPhone has disappointed, ended down by 0.56% to 372.50 dollars. The value has sharply reduced its losses late in the session along with the market went back.

Bank of America, in session after reaching its lowest level since March 2009, ended with a gain of 4.15% to 5.76 dollars.

Citigroup rebounded by 5.5% and Morgan Stanley from 12.3% to 14.01 dollars.The value is down 48.5% this year.

Sears Holdings soared 11.7% to 63.94 dollars.

About 12.9 billion shares changed hands on the New York Stock Exchange, the Nasdaq and the Amex, more than 60% more than the usual daily average since the beginning of the year.

The consortium, composed of the four largest banks, pension funds in four of the country and one of the largest life insurers in North America, also said he continued to work to get the go Green regulations for its offer of 50 Canadian dollars per share.

TMX and the London Stock Exchange had agreed to merge earlier this year before the LSE does not waive lack of sufficient support from shareholders of TMX.

The Moroccan company in trouble last week announced its intention to sell ten aircraft, including four Airbus A321s, five years after their purchase, and five Boeing 737-500, to raise one billion dirhams and bring to five the The average age of its fleet.

According to La Tribune, Royal Air Morocco plans to build a 15-year exclusive contract with Boeing.

The subject could be discussed during the visit of Nicolas Sarkozy to Morocco on Thursday, Reuters said the source close to Airbus.

"It's surprising, given the investment they have made to operate the fleet, but Airbus will be particularly vigilant," she said. "Airbus is working with Royal Air Morocco on providing A320neo or A321neo".

Neither Airbus nor Boeing have to comment this information, while Royal Air Morocco was not immediately available.

The Moroccan government proposed last week to inject 1.6 billion dirhams (142 million) as part of a program of 9.3 billion dirhams by 2013.

These measures aim to strengthen the finances of Royal Air Morocco undermined by increased competition and oil prices and the impact of revolutions and the Arab attack in Marrakesh in April.

Patrick Devedjian (UMP) has called for Monday to resume the privatization of companies where the State is a party, seeing it as a deposit "of 15 to 20 billion euros."

Europe 1, former Minister launched as an example of struggle against deficits "are repeated privatization. There are considerable resources in terms of privatization."

He shelled several examples: "France Telecom, the state controls 27%. Me, I propose to sell 13.5%. It represents 4.7 billion."

"Airport of Paris. We do not have to keep control as powerful state of ADP. It is 3 billion. Renault, we have 15% of Renault. We sell.Air France we have 15%, we sell, "he said.

"Just on privatization, we can make 15-20000000000," summarized Mr. Devedjian. In more general terms, he said that Nicolas Sarkozy, the best candidate in his eyes to the right must, for the victory in 2012, presenting "an overall important and mind-blowing."

"If it is to have a policy that constitutes a system of patches that we deal with accidents one after the other, it is not convincing," he said. "When I see the left that has no project" is "a chance for our side if we come up with something strong, innovative," said the former leader of the UMP

This is the painful record of the tsunami that struck Japan on March 11. In total 23,000 people are dead or missing after the magnitude 9 earthquake and tsunami giant.

At least 150 billion euros of damage

In late June, the Japanese government amounted to almost 150 billion damage caused by the disaster, the equivalent of 3.5% of Japanese GDP, which would make it the costliest natural disaster in history.A total that does not include indirect economic consequences of the tsunami, such as electricity shortages and disruptions to business activity such as automobiles, or the fallout from the nuclear accident. Mid-March, the Bank of Japan injected 309 billion euros into the economy. To finance the reconstruction, the government has passed a supplementary budget of 51 billion euros that could still add 34 billion more.

20 mSv / h, the new standard allowed

Difficult to get an idea of ​​the level of radioactivity in Japan. Some large cities like Tokyo levels appear to fully comply with international standard (0.1 microsieverts per hour). But recently, the Japanese authorities decided to raise the threshold of 1 mSv / year to 20 mSv / year (standard usually allowed for nuclear workers).A decision deemed incomprehensible by public opinion, especially in Fukushima where children are likely more contamination. Recently one of the four measurements made in this city of nearly 300,000 inhabitants reported a rate of 46,540 becquerels of radioactive cesium per kilogram, while the statutory maximum rate is 10,000 becquerels Japan. Result, the inhabitants of the city, aided by numerous community associations, are increasingly likely to ask to be evacuated, but authorities refuse to do so persistently. Saturday, high levels of cesium – more than six times the permitted levels of radioactivity – have been found in beef from the prefecture of Fukushima.

100,000 tons of contaminated water to the central Fukushima

TEPCO engineers, the operator of the plant, are still hard at work to regain control of the six reactors on the site.Almost 100 000 tons of contaminated water are indeed still trapped in buildings. To cool the reactors – until the cooling system announced for January 2012 – the Japanese are forced to pay 500 tonnes of water each day to prevent nuclear fuel to heat. Unfortunately, some of that water accumulates in plants, which could cause an overflow if the pumping system is not recovering the way very quickly. To believe the authorities, cleaning and decommissioning of the "take three, five, ten years or even decades to manage the accident," said this weekend the Prime Minister of Japan, Naoto Kan. Scary … Despite this the Japanese government reiterated on Monday that he was out of question to challenge the nuclear industry.

– 15% of electricity consumption in Tokyo

Since the accident, 35 of the 54 reactors installed in Japan have not been restarted. 19 are currently active, the others being stopped is a direct result of an earthquake, or for maintenance. The lack of electricity begins to be felt by residents worried about not being able to cope with very hot humid summer coming. Injunction on government, businesses and administrations of the Capital Region must reduce 15% electricity consumption from July 1 to avoid power cuts.

11 billion in losses for Tepco

The operator of the plant in late March issued a loss of nearly 11 billion euros in fiscal year 2010-2011, the heaviest ever experienced by a Japanese company outside the financial sector.Involved, the massive depreciation of assets and the cost of emergency operations resulting from the disaster. The group will also have to compensate 160,000 victims for a total of about 8.5 billion euros. To avoid bankruptcy in the Japanese utility, the government has provided a mechanism for public funding of compensation in case Tepco could cope, but the bill is stuck in parliament.

Lars Olofsson, Executive Director of Carrefour, and Jean-Charles Naouri, his counterpart at Casino, compete for the number one Brazilian distribution Grupo Pao de Acucar (GPA), a valuable market share in the seventh global economy.

Carrefour intends to merge its local branch with GPA to create a retail giant weighing about 27% of the Brazilian market of food distribution.

A victory would ensure the Swede Lars Olofsson, 59, a significant boost at a time when he tries to get out of the rut the group after starting three warnings about its benefits in less than a year.

But before him, Jean-Charles Naouri, 62, intends to defend the position of Casino in the Brazilian market, and warned that its controlling stake in GPA made illegal incursions of rival Carrefour.

Casino is indeed a shareholder of Grupo Pao de Acucar (GPA) up to 43.1% of the shares and exercise operational control on par with the billionaire Abilio Diniz – Chairman of the Board of Directors of the Brazilian distributor – in the Wilkes holding.By exercising a purchase option in Wilkes Casino also has the opportunity to be sole master on board from June 2012.

The battle for the Brazilian market – which represents some 230 billion dollars in revenue each year – is likely to be resolved in the political corridors and courts.

Olofsson, MARKETING AND COMMUNICATIONS

Lars Olofsson has spent 32 years in the Swiss giant Nestlé food before being propelled in 2008 to head the world's second largest distribution, supported by Bernard Arnault and U.S. real estate fund Colony Capital, former shareholders of Carrefour within the alliance Blue Capital.

At the head of Nestlé in France and Europe, Lars Olofsson has advanced the group's profitability and has earned a reputation as an expert in marketing and communication.

"This is a man who can kick ass people, without really bothers them," said James Amoroso, a consultant who has clients such as Carrefour and Lars Olofsson known for over ten years.

Six months after his arrival at the head of Carrefour, Lars Olofsson announced a comprehensive restructuring plan over three years through drastic savings of 4.5 billion euros.

Last September, he unveiled Carrefour Planet, a new hypermarket concept whereby – in return for 1.5 billion euros of investment – it is hoped that the hypermarkets end up slowing the favor of consumers in France and Europe .

But the results so far have been mixed, and doubts arise about the ability of Lars Olofsson stand up to Blue Capital.

Earlier this year, Blue Capital has thus forced to support a plan to split the group of real estate assets, triggering a sharp dispute within the group, as the stock market.

Lars Olofsson had no choice but to postpone the draft terms of division, but showed he could be ruthless, winning the departure of James McCann, executive director of Carrefour France and leading critic of the plan of division.

"This is someone who can work in teams. He listens to advice and he can share the work," said Maurice Levy, CEO of Publicis. "He's a friendly people.This is an advantage, but the downside is that sometimes it does not push enough. "

It will, however, that Lars Olofsson make tough if he intends to overcome the opposition of Casino, which not only ruled illegal the merger of Carrefour with GPA, but has already initiated arbitration proceedings against Abilio Diniz to enforce the shareholders that binds to Casino.

NAOURI, the infallible INTELLECTUAL

Born to a doctor father and a mother an English teacher, Jean-Charles Naouri seemed destined for a bright future right out of the Ecole Normale Superieure and the Ecole Nationale d'Administration (ENA).

He started his career in government departments, including finance, where he was chief of staff Socialist Minister Pierre Beregovoy in the 1980s, before converting to the private sector and join the Rothschild bank in 1987.

"It is extremely bright and you can be sure he always three moves ahead," slips one of his employees, saying his "determination and tenacity."

Passionate opera buff Greek and Latin, Jean-Charles Naouri was found in the distribution sector through Rallye, the holding company which controls 38.5% stake in Casino.

In 1992 he made his debut in the environment by countering a hostile takeover of the group Promodès, which will then be taken over by Carrefour.

Casino became CEO in 2005, Jean-Charles Naouri managed to straighten the group by offloading its loss-making activities and opening the high-growth emerging markets such as Brazil, Vietnam, Colombia and Thailand.

An analyst who knows the man describes as "very bright and very demanding" and said he was not surprised by his firmness in the Brazilian case.

Casino recently received some letters seized from his rival Carrefour can be kept by bailiffs to be possibly used in court.

Moreover, according to a source familiar with the matter, Jean-Charles Naouri went to Brazil to meet with officials from the Brazilian National Bank of Development, which supports the merger, Carrefour said Saturday GPA but no funding would be committed without Agreement Casino.

Despite its firmness displayed so far, those who know him say that Jean-Charles Naouri could consider a compromise. Last year, he had thus reached an agreement with Lars Olofsson by acquiring the assets of Carrefour in Thailand.

"It is no fun and it's not a choir boy. But it will not crash. He knows his interest and he could negotiate," said one analyst.

European shares were boosted throughout the week in anticipation of an early solution to the debt crisis in Greece.

The CAC 40 index closed just above the psychological barrier of 4,000 points, up 0.63% to 4007.35 points.Over the whole week, the Paris index jumped 5.88%, its largest increase since the week of July 12, 2010.

According to Pierre Vignaud, an analyst at Graphic CM-CIC Securities, the upward trend will be honest if the CAC 40 crossed the next key resistance area from 3980 to 4020 points, corresponding to its moving average 1,000 days.

"The markets continue to evolve erratically in the weeks and months ahead," said Jean-Marie Mercadal, however, responsible for management positions at OFI Asset Management.

"Before leaving there, he would have great visibility on the economy and the problem of sovereign debt, which is far from the case.We patched things, but it is far from having solved the problem, "he said.

Financial stocks continued to benefit from the growing optimism about the financial situation of Greece after the adoption of austerity plan by the Greek Parliament and a new agreement was reached Friday to release the next tranche of loans in Athens.

Credit Agricole (4.10% to 10.795 euros) topped increases the CAC 40 in front of Societe Generale (3.71% to 42.440), Natixis (3.61% to 3.585) and BNP Paribas (+ 2.46% to 54.540 euros).

Other major European markets have also ended the week well, regaining their highest in a month ago: London has been 0.74% and 0.59% Frankfurt.

Of the European indices, the EuroStoxx 50 gained 0.95% and the Eurofirst 300 rose 0.76%.

Over the whole week, it took European index 3.6% after eight weeks of consecutive decline.

In this context of relief for the eurozone, the euro is trading around 1.4510 dollars against 1.4498 1.4190 Thursday and Friday.

U.S. light crude dropped $ 1.16 to 94.25 dollars a barrel.

The group of film production and distribution, established in 1999, table, however a return to growth "sustainable and profitable" due to the increased presence of international films and lower overhead.

"The realization of the strategic action plan allows us to renew our confidence in the goal of returning to profitability for the year 2011-2012," said Group Chief Executive Christopher Lambert in a statement.

The studio, who has produced "Taxi," "The Fifth Element" and "The Transporter", introduced in May a three-year strategic plan which should enable him to return to profit after exceptional losses Arthur saga.

"This plan led in particular to the increase in the share of recurrent and our international sales," said Christophe Lambert.

The studio recording the rise of television production, which in 2010-2011 accounted for the first time to revenue, amounting to 16 million euros, or 9% of 178.7 million euros income group.

Around 24:30, the action is up 2.85% to 3.97 euros on Thursday, bringing its market capitalization to about 80.6 million euros.The title has sold nearly 12% since the beginning of the year, after losing about 30% in 2010.