The group formed around the building Bouygues Ile-de-France, with architect Renzo Piano, was selected to build the future courthouse in Paris, said Friday the board of EPPJP.
Bouygues was competing with Vinci for this major project, to be confirmed by the signing of the PPP expected by February 2012, says in a statement.
[...]

How Coca-Cola has lost the battle on sodas lights

The National Assembly on Friday passed two taxes on soft drinks, including one on drinks with sweeteners. And despite a lobbying "scary" Coca-Cola, who may have done too much. The fee for sodas sweetened products will bring 240 million euros, the lights on 40 million.
Coca-Cola has lost. The National Assembly approved Friday the establishment [...]

Pressure on the French AAA weigh on the euro area

The warning from Moody's Aaa rating on the of France poses new uncertainties about how to resolve the debt crisis in the euro area, five days a crucial summit for the future of the single currency, say the Analysts.
But if the decision of the rating agency to assess the stable outlook of the [...]

Troika to Greece: "We need to deregulate transport"

The representatives of the creditors of Athens (EU, ECB, IMF) insist that Greece deregulates including the taxi trade. Thousands of "outrage" expressed Sunday, June 19 against the austerity of Syntagma Square in Athens.
Representatives of international donors in Greece (EU-ECB-IMF) urged Friday to the Minister of Transport on the need to deregulate transport, including taxis, [...]

German growth "close to 3%" this year

Angela Merkel has revised the outlook for growth on the rise in the country, while global growth is threatened. German Chancellor Angela Merkel (Blegrade by August 23, 2011)
German Chancellor Angela Merkel said on Friday that the growth of gross domestic product (GDP) German would be "closer to 3% than 2.5%" this year. This statement [...]

The euro returns to the helm of $ 1.45

The rise of the euro is not a sign of confidence in the economy of the Old Continent. It is mainly driven by dollar weakness and renewed appetite for risk.
The euro continued to rise Monday above the threshold of $ 1.45, benefiting from a reflux of the risk aversion of the operators, after the [...]

Moody's criticism of the guarantees required for aid to Greece

Countries in the euro area who want to convince Greece to provide a guarantee in return for cash assistance may delay the payment of the next installment of the bailout program and put the country in default, said Moody's.
Greece has signed with its international donors agreed a new rescue package in July, covering [...]

The CDS, a bad instrument for measuring the debts of States

Credit derivatives and CDS (credit default swaps) are a poor instrument for measuring the risk to the debts of States, particularly rated and most liquid such as France, the United States or Germany, experts say Reuters poll.
Since the collapse of large U.S. investment bank Lehman Brothers in September 2008, CDS, hitherto limited to [...]

The Tokyo Stock Exchange falling 1.68%, eyes turned to the Fed

The Tokyo Stock Exchange ended down 1.68% Tuesday, following Wall Street and in anticipation of the monetary policy decision of the Federal Reserve.
The Nikkei lost 153.08 points to 8,944.48 points and the Topix, broader, sold 12.47 points (1.59%) to 770.39 points.
On higher trading volumes, however, the Nikkei erased some of its [...]

DuPont raised its forecast after good second quarter

DuPont reported Thursday a second quarter earnings above expectations, thanks to robust sales in agriculture and chemistry, while raising its forecast earnings per share for 2011.
The U.S. chemical company posted net earnings of $ 1.22 billion, $ 1.29 per share, against $ 1.17 billion, $ 1.26 per share, a year earlier.
Excluding [...]