International Headlines and Stories

The Paris Bourse, which was recorded last week up 3%, continuing its momentum on Monday, while Asian stock markets move up comfortable early this morning. At the opening, the CAC 40 advances 0.44% at 3872.83 points.

The index in Paris was particularly supported by the Chinese stock market, which appreciates the fact that Beijing has not established measures of monetary restriction and price control, despite the announcement Saturday in an inflation rate of more 5%. Good U.S. indicators released Friday is also acknowledged.

Friday night, the CAC 40 finished at 3857.35 points. In Europe, the DAX reached 7,000 points last week. That had not happened since June 2008. The German index reached a low in March 2009 at least 3670 points. Over the year, the DAX was up 17.60%. Unmatched performance in the rest of Europe.Symmetrical and sometimes, as in Spain: Madrid, the Ibex 35 index dropped 15.23% since January 1.

On the foreign exchange market, the euro still sells land: -0.27% to 1.3193 dollars around 9 o'clock Monday morning. The Bank of France has published that Monday morning the balance of payments for the month of October. The current account deficit narrowed in October to 2.5 billion euros after 4.4 billion in September.

Accor: focus on the BRIC

The French hotel group Accor (+0.15% to 33.175 points) to "accelerate its growth in emerging markets, BRIC (Brazil, Russia, India, China), said Denis Hennequin, the new boss of Accor during a meeting with reporters on the sidelines of the inauguration of a Sofitel Vienna.CEO since 1 December and CEO effective January 15, the official also assured that the Sofitel brand was intended to remain in the Accor Group.

Alstom (+0.88% to 35.715 euros) will meet with French companies to tender for the high speed train between Helsinki and St. Petersburg, to be launched in the spring. Altsom must also take 25% of Russian TMH. The group also won the TGV in Morocco: the contract of 400 million euros includes 14 duplex trains.

Renault (2.62% to 45.175 euros) will show excellent results in 2010 despite a cautious start to the year. Sales are expected to reach nearly 2.6 million cars, beating the 2005 record, according to our information. Net income could rise to 3.3 billion euros over the year against a loss of 3 billion last year.

Sanofi-Aventis extended its takeover bid for Genzyme

The hostile bid of 18 freecreditscore.5 billion Sanofi-Aventis (+0.18% at 49.40 euros) on U.S. biotech Genzyme has expired Friday at midnight, New York, but has extended its Monday morning offers under the same conditions.

The supervisory board of Areva (4.75% to 368 euros) Saturday approved the proposed capital increase of EUR 900 million of public nuclear specialist announced yesterday by the state. The listing of the group was suspended Friday, resume nuclear at the opening of the Bourse. After the capital increase of Areva, Christine Lagarde does not, in an interview published Monday in Les Echos, the IPO of mining or renewable group.

JCDecaux (1.42% to 21.8 euros) announced Monday that its subsidiary JCDecaux Dicon has signed a 10 year contract for the advertising concession International Airport Dubai World Central, Al Maktoum, the new airport under construction in Dubai (UAE). The amount of the transaction is not communicated by the No. 2 worldwide in outdoor advertising.

Veolia Environnement (+0.21% to 21.575 euros) Proglio has confirmed his departure Sunday of the presidency of the group, stating that his focus entirely to EDF. The board has decided to collect as Chairman of the Board and CEO of the company and assign the new CEO Antoine Frerot.

Natixis (1.14% to 3.81 euros) announced Friday the acquisition of 1.35 billion euros of subordinated notes held by BPCE.

EADS (0.61% to 18.09 euros), parent company of Airbus, gave his support to John Leahy, Chief Commercial Officer of the aircraft manufacturer, in early November indicted for insider trading for sales of suspicious titles in 2005 and 2006. Airbus also held at 11:30 a press conference on the prospects of the market.

Former Legal Director of the Wendel Group (1.04% to 68.03 euros), Arnaud Descleves, filed a complaint for negligence against its former executives, including Ernest-Antoine Seilliere. He blames them for questionable practices incentive that would have ruined and led to the dismissal.

L'Occitane The controlling shareholder of L'Occitane, L'Occitane Group (LOG), sold $ 136 million worth of shares at a discount of 1.9% over Friday's closing. According to the cosmetics group, this sale allows LOG to monetize a small portion of its investment in the company.FBD's share in the capital of L'Occitane happens after the operation from 72.6% to 69.2%.

The Franco-German cooperation Freiburg placed between the two countries and their commitment to the euro in historical perspective. Having welcomed the establishment of German soldiers in France as part of military cooperation between the two states, French President Nicolas Sarkozy and Chancellor Angela Merkel have hammered that they were "deeply committed to the euro."

"The euro is Europe" has affirmed French head of state at the press conference Friday. "Europe is non-negotiable part of the future of our country," he added. "We will do what it takes to defend the euro and the European Union."

The two leaders have yet again rejected the idea of the pooling of European debts as European bonds (Eurobonds).The proposal had been made by the Prime Minister and President of Eurogroup Jean-Claude Juncker, and Italian Finance Minister Giulio Tremonti.

"Do not spread the risks"

"As regards the Euro-bonds, I said that the pooling of rates (…) would not help us much," said Angela Merkel. It is rather "to improve the consistency of economic policies (…) it's not pool risks."

The creation of European bonds "disempowering states" by making up the debt in Europe, Nicolas Sarkozy justified, when in fact "we want to empower them." The French president added, however, that when the budget and fiscal policies will be better aligned, "perhaps can there be talk again.""Do not put the cart before the horse," he said.

Juncker's reviews

Regarding the criticism of Jean-Claude Juncker, Nicolas Sarkozy said: "We can not treat the first and second contributors to the Fund's financial stability will not be secured." Prior to indicate that Berlin or Paris, n 'had been consulted on this issue upstream.

Still, the very influential German Finance Minister, Wolfgang Schäuble, has not completely ruled out to study the issue of Eurobonds.In an interview with the Financial Times, he explained that "if you leave us a few months to work on this subject, and if you promise us that other member states say yes, I see a chance that the Bundestag is in favor" .

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It all started with an ordinary dinner with billionaires held there over a year. Warren Buffett and Bill Gates, the two largest American fortunes, initiated the idea of a movement bringing together the richest people of the United States who agree to donate at least half of their wealth to charitable causes. Called "The Giving Pledge" (the pledge), the movement is taking shape last summer.

According to Forbes, the U.S. currently has over 400 billionaires. Quickly forty families adhere to the draft that Gates and Buffett, Michael Bloomberg, mayor of New York and leader of the group financial Bloomberg LP, Barron Hilton, heir to the empire hotel, the director George Lucas, the media magnate Ted Turner, co-founder Larry Ellison of Oracle and David Rockefeller, heir to the oil king John D. Rockefeller.

The movement is snowballing.Seventeen new millionaires have joined the movement, including co-founder of AOL Steve Case, CEO of Facebook Mark Zuckerberg, the financier Carl Icahn and Michael Milken, the former Wall Street executive who was imprisoned for violating the legislation on securities.

Warren Buffett and Bill Gates does not have to stop there. They went to China in September to promote philanthropy without rival among the many new rich of the former Middle Kingdom. The two Americans also plan to argue their case in India in 2011.

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The press conference is scheduled at noon and a half.

In contrast, EADS headed the CAC 40: 3.07% to 18.47 euros. Alstom is in second place, up from 1.39% to 34.56 euros.

Board Eiffage

On this occasion, we may know the historical successor to the CEO Jean-Francois Roverato. Eiffage was down 0.32% to 34.60 euros.

World number one ArcelorMittal Steel has decided at a board of directors Tuesday night of trading in a holding umbrella's steel activities, a proposed transaction for several months, said the financial daily Les Echos, citing A source close to the group.

France Telecom: -0.41% to 15.77 euros, it will be held this Wednesday, perhaps also a board of telecoms group.This time to suggest an initial stake of the operator Korek Iraq.

Areva: -1.69% to 347 euros a supervisory board should be held to determine a first step in the planned capital increase.

PPR: -0.35% to 137 euro The consortium combines Goldman Sachs and Colony, owners of Aim, and the fund Permira withdrew from the process of selling Conforama, Les Echos reported.