The Facebook-COR Action begins with a bang

Facebook The action began about 13% above its IPO price on the Nasdaq Friday, completing one of the largest IPOs in the history of the United States.

The transaction enabled the world's first social network to raise $ 16 billion (12.6 billion euros).

Banks consulting group had set Thursday at $ 38 IPO price of the securities at the highest range of introductory, valuing the company at $ 104 billion (82 billion euros).

The action was trading at 42.05 dollars in the first few exchanges. At 3:33 p.m. GMT, three minutes after the first listing, the stock was trading at 40.64 dollars.

Building on the success of the operation, the company had increased by 25% the number of securities being sold to raise it to 421 million.

Friday, some 82 million shares changed hands during the first 30 seconds of official exchanges.

The group's founder and CEO, Mark Zuckerberg, 27, rang the bell to mark the symbolic start of trading on the Nasdaq, since the California headquarters of Facebook.

Become in eight years a major U.S. fortunes, Mark Zuckerberg retains control of the company after the introduction.

If you have not yet printed the business cards for your company, you can check the tips for business card printing so that you can get the best job done at ease.

Decline in unemployment in the first quarter in the UK

The number of unemployed people in the UK fell in the first three months of the year at their own pace strongest in nearly a year, according to figures released Wednesday by the Office for National Statistics.

The UK economy fell into recession at the beginning of the year, fueling fears that the private sector employees join the ranks of job seekers when State removes some 700,000 civil service posts as part of its austerity measures.

But following the methodology of the International Labour Organization (ILO), the number of unemployed fell by 45,000 in the first quarter to $ 2.625 million.

The unemployment rate actually fell to 8.2%, while the consensus gave unchanged at 8.3%. 

The number of unemployed youth, a very sensitive politically, also declined to 1.02 million, bringing the unemployment rate for those aged 16-24 to 21.9%.

British companies have also increased their workforce for the first time in a year, according to a survey by the Chartered Institute of Personnel and Development (ICPD). The CIPD warns that the changing economic landscape could make it difficult in the short-term improvement on the labor market.

Berlin to a growth pact, but its conditions

The German Minister for Foreign Affairs presented a Friday "Growth Pact" European six-point, while reiterating that Greece should comply with its commitments to fiscal reforms TARY if she would qualify for financial assistance from the euro area and not be excluded from it.

"In Europe, we also want to focus more on growth," said Guido Westerwelle before the German deputies in the Bundestag.

The minister was however opposed to increased spending, saying the pact for growth, particularly desired by the new French president Francois Hollande, was not to imply that " better use of resources "from the EU. 

Guido Westerwelle city "trips financed by Europe in the romantic hotel spas" as an example of waste in Europe.

The minister said the EU should invest 80 billion euros of unused structural funds in projects aimed at stimulating growth and competitiveness.

He also wanted to push the European Central Bank (ECB) to provide better access to credit for small and medium enterprises.

The former head of the liberal FDP, which form a coalition with the Christian Democrats (CDU / CSU) Chancellor Angela Merkel, European growth was linked to a liberal ralisation of domestic and foreign markets. 

Francois Hollande Angela Merkel will meet Tuesday, hours after his inauguration, to discuss the crisis in the euro area and the measures needed to stimulate growth in Europe presqu'entiè ; LY dive into recession – with the notable exception of Germany.

This will be their first face to face interview, while Angela Merkel has avoided meeting Francois Hollande during the presidential campaign, where she supported his opponent Nicolas Sarkozy.

Peter Bofinger, one of five "wise men" who advise the German government on the economy, has also decided Friday to allow more room for countries suffering from the debt crisis. 

"The problem countries kill themselves to save," he told an Austrian newspaper. "We must stop this, even if deficits rise in the short term."

Berlin warns Athens: there will be no aid without reform

German politicians of left and right have warned Tuesday that Greece would no longer receive financial assistance if it did not meet all conditions of the bailout agreement with the EU and the IMF .

Sunday's parliamentary elections have left Greece in a political deadlock in the absence of a parliamentary majority for the only two parties represented that support the bailout, the Conservatives New Democracy (ND) and the Socialist Party (PASOK).

The leader of the Radical Left (Syriza), now the second largest party in parliament behind Greek ND, said Tuesday that the obligations of Greece towards the EU and the IMF in the part of the bailout were null and void. 

Alexis Tsipras, whose training has greatly benefited from the unpopularity of austerity measures required by the plan, has three days to form a government after the cessation of leader ND, Antonis Samaras last night.

Germany, Europe's largest economy, has made the most of financial guarantees under the rescue plan, which requires Greece to achieve specific goals in terms budget savings.

"The terms of the agreement must be respected. I do not think we can, or that we had to negotiate again, "said Martin Schulz, President of the European Parliament and member of the Social Democratic Party (SPD) …

…… "It can only be paid if the conditions are met," said Gerda on his side Hasselfedt, member of the Christian Social Union (CSU), Bavarian partner of the conservative Christian Democratic Union (CDU) Chancellor Angela Merkel

A

. payment of a portion of 11.5 billion euros, without which Greece will go bankrupt, is packaged in a new series of budget cuts to be voted by the Hellenic Parliament by the end June This period may however be challenged by the political vacuum created in the vote on Sunday.

MARGIN OF FRANCE IS THIN

Results in Greece and the victory of socialist Francois Hollande in the second round of French presidential illustrated Sunday the growing rejection of European voters face the austerity measures ; defended by Germany out of the eurozone's debt crisis.

The promises of Francois Hollande curb line austerity defended in Berlin, however, may be tempered after the release, scheduled for late June, an audit of the state of public finances, asked the Court of Auditors by the future president. 

In Berlin, Peter Altmaier, elected leader of Christian Democrats (CDU) to be close to the German Chancellor, said that the next French government would have that a very limited room for maneuver in fiscal policy due to "insecurity" of the Economy and Finance of France.

"The economy of France and the country's finances remain in a precarious state," he told reporters, admitting disappointed by the election of Socialist the French Presidency.

"Any country that tries to pursue a policy stimulus by increasing its deficits would quickly back to the markets and interest rates would increase," he added. "There is no flexibility."

Angela Merkel and Francois Hollande will meet next week, after handing over power at the top of the French state.

Household consumption fell by 2.9% in March

French consumer spending on goods fell 2.9% in March, erasing the equivalent rebound registered the previous month (3.0% in the first estimate) , according to data released Friday by INSEE.

Throughout the first quarter, growth in household spending on consumer goods rose 0.2% after rising 0.3% in the fourth quarter of 2011. Over one year, from March 2011 to March 2012, however, they contract by 2.0%.

The decline in consumption of goods recorded in March was due to falling energy costs (-11.3% compared to February) and to a lesser extent to decline in food expenditures (-2.3%).

The 17 economists polled by Reuters on average expected a 1.9% decline in consumer spending on goods in March.

Pierre & Vacances suffers suffers electoral calendar

Pierre & Vacances said Thursday that its summer bookings were marked by a phenomenon linked to a wait for Uncertain but also schedule e lectoral French. 

The group specializes in the operation of leisure residences said they adapted accordingly its communication strategy by focusing on short-term and shifting from May to June most its shares trade on summer vacation

To this day, "activity is slightly above last year during the months of April and May, with last minute bookings significant," reads said in a statement

For the second quarter of fiscal year 2011-2012, Pierre & Vacances has published a turnover up 4% on a comparable supported by its activity in property development. 

Over this period, they stand at 304.3 million euros, of which 250.9 million euros in tourism (-0.7%) and 53.4 million (+34%) in the de real estate development

For the full year 2011-2012, the company expects a turnover level of real estate "around 300 million euros".

The action Pierre & Vacances closed Thursday at 21.66 euros (-1.46%) it transferred 15.46% since the beginning of the year after a fall of 57.57% last year.

Italy has revised downwards its growth forecast

The government of Mario Monti expects a decline of 1.2% of GDP for 2012, against an anticipated 0.4% decline in December. And return to a balanced budget is delayed. "Reforms should increase growth by 2.4% between 2012 and 2020," according to the government of Mario Monti.

The Italian government on Wednesday revised downwards its forecast for gross domestic product (GDP) for 2012, providing for a contraction of 1.2% against a 0.4% decline in the last official forecast from December. He at the same time delayed its planned return to balanced budgets, expecting a deficit of 0.5% in 2013 (instead of 0.1% predicted), in a statement issued at the end of a cabinet.

This forecast remains "in compliance" with the Covenant which provides that the European budget deficit must remain below 0.5%, says the text. One aspect stressed by the Head of Government Mario Monti at a press conference: "The Treaty (European Pact on budget) requires each Member State there is in each country a deficit not exceeding the 0.5% of GDP, "he said. "The government estimates that GDP will contract by 1.2% in 2012 to turn positive again in 2013 (0.5%) and speed over the two successive years (1 and 1.2% respectively)," the statement said . "This will allow the public debt (…) to fall to 120.3% (of GDP) in 2012 to 110.8% in 2015," said the government.

"The debt is on a path of gradual but sustainable," noted Mario Monti in its reasoning accompanying the new government's economic forecasts. "Despite progress, there is still a long way to go, in a more favorable but still characterized by elements of uncertainty," he adds.

For the government of Mario Monti, "the action of financial balance has been accompanied by the adoption of various reform measures aimed at removing the main obstacles that have hindered the growth potential of Italy. Based on estimates government, reforms should increase growth by 2.4% between 2012 and 2020, "said he. "We must revive growth in the context of a model of fiscal stability and this is the way to build a modern economy and social market," said Mr Monti, saying that "growth is the most large préoccuptation "Italians.

"We fight every day to avoid the dramatic fate of Greece," he said. "This crisis requires a very high cost to families, youth, workers, businesses and sometimes these experiences are completed in despair," he said in a grave tone evoking directly to contractors suicides occurred recently. "There were 1,725 ​​suicides, it is the dramatic effects of the crisis," he said.

The President of the Council also strongly condemned tax evasion, promising a fight against this scourge in Italy. "The commitment to fight against tax evasion responds to reasons of justice. Evasion is between companies unfair competition and a way in which citizens dishonest cause harm to other citizens, causing pressure (fiscal note) higher, "he said.

Map of Bordeaux vineyards passed under the Chinese flag

Château de Viaud in Patache, through the Grand Mouëys, discover new properties fell into the hands of the Middle Kingdom. Since 2011, redemptions accelerated.

The wave of takeovers of Chinese vineyards in the Bordeaux region has increased since 2011. At least a dozen properties were acquired by the Chinese last year. And since the beginning of the year, four transactions were concluded. Among them, the sale of Grand Mouëys in mid-February to Jinshan Zhang, the founder of a major Chinese producer of alcohol goji berries.

And the trend could increase its intensity. This is the month that predicted Jean-Luc Coupet, creator of Wine Bankers, a reference to the wine market transactions. For him, "in this wave of buying, the biggest deals yet to come." The Chinese market is already the leading destination for exports of Bordeaux wines, with about 436,000 hectoliters shipped representing 334 million euros. Besides the 100,000 hectoliters sold in Hong Kong, for 348 million euros. China would it be the future of Bordeaux?

Here are our full investigation "Harvest in the Bordelais Chinese"

The recent Chinese acquisitions in the Bordeaux Appellation Names Purchase Date Buyer Village 1. High Brisson St. Emilion Peter Kwok, Taiwan 1997 Vignonet 2. Latour-Laguens Entre-deux-mers Haiyan Cheng (Longhai Group) 2008 St-Martin-du-Puy 3. Richelieu Fronsac A & A, Hong Kong 2009 Fronsac 4. Old Cy Zhejiang Brondeau Libourne Saint-Earth 2009 5. Chenu Lafitte Cotes de Bourg village Group Haichang 2010-sur-Gironde 6. Viaud Lalande de Pomerol-Cofco 2011 Lalande de Pomerol 7. Laulan Ducos Medoc Richard Shen (Tesiro) 2011 Jau-Dignac-and-Loirac 8. Lagarosse Cotes de Bordeaux Carlico, Hong Kong 2011 Tabanac 9. La Salle Cotes de Blaye 2011 Zhongai Saint-Genes-de-Blaye 10. Monlot Saint-Emilion Zhao Wei and Huang You Long 2011 11 St. Hippolyte. Lafon Listrac Marvelake Listrac-Médoc 2011 Wine 12. Barateau High Medoc Wine Marvelake 2011 Saint-Laurent-Médoc 13. The Bourguette Sainte-Foy-Bordeaux Beverly Koo, Hong Kong nc Saint-Philippe-du-Seignal 14. Lezongars Between the two world seas Dashang 2011 Villenave de Rions 15. La Roche Pressac Cotes de Castillon Skyvast Properties, Hong Kong 2011 Saint Magne de Castillon 16. The Patache Pomerol Peter Kwok, Taiwan 17 2011 Saint-Emilion. Grand Branet Entre-deux-mers 2011 Capian Cheng Qu 18. Branda Puisseguin-Cheng Qu Saint-Emilion 2011 Puisseguin 19. Laurette St. Croix-Mount Cheng Qu 2011 Sainte-Croix-du-Mont 20. Thébot Sainte-Foy-Bordeaux Cheng Qu 2011 Saint-André-and-Appelles 21. Tour-Saint-Christophe Saint-Emilion Peter Kwok, Taiwan 2011 St. Christophe-des-Bardes 22. Bertranon St. Croix-du-Mont Meng Gao Loupiac 2012 23. Between Cugat-deux-mers 2012 n.c. Blasimon 24. Grand Mouëys Entre-deux-mers Jinshan Zhang (Ningxiahong) 2012 Capian

Job creation slows in March in the U.S.

The number of jobs créésa been well below expectations in March in the U.S., which suggests that the Fed has leeway for further monetary easing, although the unemployment rate fell to a three-year low of 8.2%.

The number of jobs créésa was 120,000 in March, reported the Labor Department Friday, the lowest since October 2011.

Economists polled by Reuters expected a number of 203,000 and an unchanged unemployment rate of 8.3%.

Despite the low number of jobs created, average hourly earnings rose five cents per month, while the workweek fell to 34.5 hours against 34, 6:00 in February.

Strike in the air: delays and closed aéoroports

The eprturbations are limited to Orly and Roissy. Delays are however consistent in the provinces. Footballers of the OM, which must envoller to Munich, are paying the price. AIRPORT Roissy Charles de Gaulle, PARIS, FRANCE, March 2011

Domestic air traffic was reduced and sometimes significant delays Monday the first day of a strike against the air traffic control reform of navigation, which led to the closure of several airports. The CGT, CFDT and UNSA called the personal air navigation, including air traffic controllers, to protest on Monday and Tuesday against the abolition of positions and the major restructuring of the service in the provinces.

Delays of several hours were recorded in the morning in the region, while dozens of flights were canceled at the weekend in anticipation of the strike, the Directorate General of Civil Aviation (DGCA) has asked Friday to particular companies air to remove 20% of their flights on Mondays and Tuesdays departing or arriving at Orly. Easyjet has canceled 16 flights for Monday to arrive at or depart from this airport, where the situation was calm Monday morning, without delay or queue, according to an airport source, who observed that the strike had been "widely anticipated "and civil aviation companies. From Roissy, Air France plans to maintain its entire program. "Some delays are still possible, however," admitted the company.

However, delays were substantial in the provinces, as in the far west (Rennes and Nantes) or Metz-Nancy, where the routes to Toulouse and Marseille were advertised with two to three hours late, and those to Lyon and Nice canceled in both directions. At the airport of Marseille-Provence, where large queues began to form in the late morning, 10% of flights (28 flights of 286) were canceled by the airlines, according to a spokesman for the direction. Passengers were advised to contact their airline before traveling to the airport. The players of Olympique de Marseille have also borne the brunt of the disruption: they had to take off at 1:00 p.m. for Germany instead of 10:00.  

In Nice, over a third of the 90 Air France flights were canceled at this stage and five easyJet flights. Moreover, cancellations accumulated: 15 to Bordeaux-Merignac, 36 at Lyon Saint-Exupery, 28 in Toulouse. The conflict has also led to the closure of airports of Pau, in the absence of the head of the control tower, Beziers (Hérault), Rouen, Avignon, Le Bourget (Seine-Saint-Denis) where services controls air are closed, told AFP a spokesman for the DGAC, which does not yet have the strike rate at the national level.

Unions estimate that half of the 30 approach control services are threatened, or a direct risk to "dozens of jobs in the inspection, maintenance, technical and administrative", according to the CGT. Approaches are one of three levels of air traffic control, with control towers in France (over 80), and five regional centers of control in flight in the metropolis. For its part, the DGAC speaks of "redeployment" "and" optimization "and justifies its willingness to restructure its services, including the changing needs, increased European coordination and modernization of technology. In case of strike , air traffic controllers have a minimum service obligation, and requisitions are possible. The minimum service is applicable in 17 airports including Toulouse, Mulhouse, Ajaccio, Bordeaux, Orly and Roissy, according to DGAC …… …