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Bulgari, being acquired by LVMH the French, reported Monday a net profit in the first half and confirmed the offer price of the French group.

The Italian jeweler posted a net profit of 9.1 million euros against a loss of 7.7 million in the first half of 2010.

Turnover appears to 548 million euros, up 23.3% at constant exchange rates.

Bulgari said that its board of directors has confirmed the fairness of the price of 12.25 euros per share offered by Bulgari

LVMH.

According to a report Sunday, the Italian stock market is considering a complaint from an investment fund over the price offered by LVMH.

Equity markets in Europe have closed up Tuesday, boosted by growing optimism about the chances of solving the crisis in Greece, including the vote in Parliament of a new austerity plan in the country.

The CAC 40 index closed up 1.46% to 3851.89 points, regaining its levels of Wednesday.

"The increase is primarily due to the fact that the market gradually gives credit to the Greek Parliament to vote on the austerity measures, even if the vote is going to be very tight," said Joffrey Ouafqa, portfolio manager at Conviction AM.

The announcement in the Wall Street Journal, citing sources in the government, that Portugal intends to strengthen its austerity measures, aimed at reducing the public deficit has also contributed to an acceleration of gains late in the session.

Support for German banks to the French proposal to restructure the debt had boosted the Greek market since the opening point of the stakeholders.

Finally, the manager of Convictions AM cites U.S. support for the candidacy of Christine Lagarde at the French branch of the International Monetary Fund (IMF).

Bank stocks, benefiting from optimism about the debt crisis of the Greek, were among the strongest increase in the CAC with Accor and Carrefour.

Carrefour has been 3.74% to 27.440 euros after receiving an offer from the Brazilian Gama to merge its assets with those of the Brazilian distributor Grupo Pao de Açúcar.

Accor has gained 4.51%, largest increase in the CAC 40 to 29.875 euros, while BNP Paribas rose qu'Exane to buy on value.

To financial, Credit Agricole gained 3.56% to 9.981 euros, Societe Generale 3.03% to 38.810 euros, and BNP PARIBAS 1.93% to 51.130 euros. Stoxx index of European bank rose 1.34%.

Other major European markets also increased significantly: London took 0.78% and 0.88% Frankfurt.Of the European indices, the EuroStoxx 50 has been 0.98% and 0.59% Eurofirst 300.

The euro took advantage of this optimism is trading at 1.4360 / 64 dollar against 1.4282 the previous day in the afternoon, and U.S. light crude is 92 cents to 91.53 dollars a barrel.

Prices of agricultural commodities are expected to remain higher in 2011-2020 than in the previous decade, but less than in 2010-2011, according to a report by the UN Food and Agriculture Organization (FAO ) and the OECD published Friday.

"The prices of commodities should not keep the high level reached in early 2011 but are projected in real terms, an average higher than the previous decade," we read in this report.

The study reported an average 20% for cereals (maize) and 30% for meat (poultry) in the period 2011-2020.

The authors note that "if prices remain high for a long time, it may be more difficult to meet the global goals of food security and poor consumers are therefore more at risk of malnutrition."

Total has acquired 25% of an offshore exploration license in Qatar, said Sunday the state oil company Qatar Petroleum.

This deposit prospecting, "said Block BC, is located 130 kilometers east of the Qatari side and stretches over 5,600 square kilometers, at depths ranging from 15 to 35 meters.

China National Offshore Oil Company (CNOOC) Middle East Ltd, a subsidiary of CNOOC International, will remain the operator of the block with a 75%.

"This agreement (…) reflects Total's commitment to expand its exploration and production in promising areas of a geological point of view," said its CEO, Christophe de Margerie said in a statement.

The French oil company also holds 10% joint venture LNG Qatargas 1 and 16.7% in Qatargas 2 Train 5 and 24.5% stake in Dolphin Energy Ltd..

Total's production in Qatar has averaged 164,000 barrels of oil equivalent per day in 2010.

The earthquake of magnitude 5.1 struck Wednesday southeast of Spain, causing panic in the town of Lorca. Residents line up Düring food distribution in open area in Lorca year, after a rare earthquake rocked the Town in Southeastern Spain Causing houses to collapse, Damaging historic churches and public buildings and killing at least six people, early May 12, 2011. Some reports 5.3 magnitude earthquake Said The tremors felt Through the region of Murcia and has HAD Affected nursing home & the tower of a church.

At least ten people were killed in an earthquake of magnitude 5.1 that struck on Wednesday south-eastern Spain, causing panic in the town of Lorca, a town of 92,700 inhabitants located 70 kilometers south- west of Murcia.

In the streets of the city, invaded by the rubble, television images showed the destroyed facades, stone walls still falling, cars crushed under tons of debris, a huge bell tower of a fallen, crushed to the ground.

The magnitude 5.1 earthquake that was felt to Madrid, about 350 kilometers north-west, was recorded at 6:47 p.m. (4:47 p.m. GMT) with its epicenter in the region of Lorca. It was preceded by an initial shock to 5:05 p.m. (3:05 p.m. GMT) with magnitude 4.4.

A little later, a bell tower collapsed live before the television cameras, raising a cloud of dust, adding to the panic.

This is the first deadly earthquake in Spain for 42 years, and the deadliest since 1956.

The Spanish Prime Minister Jose Luis Rodriguez Zapatero, ordered the dispatch of a military unit to participate in emergency relief.

The Interior Ministry has reported heavy damage. "There's damage throughout the city," he said on television Mayor Lorca, Francisco Jodar.

Virtudes, a resident of Lorca, doctor, confided on the website of El Pais be "scared to death". "It's like a movie", "We are waiting for aftershocks," she added.

"We were very scared. I'll spend the night there, I do not know where," told in the streets of Lorca's an old man, haggard, clutching a blanket against him, in the incessant ringing of sirens of ambulances.

On the website of El Pais, Emilio, a resident of Murcia, recounted: "Suddenly the ground began to tremble, my mother came in crying and told us to put ourselves under the frame of the doors" .

"I was at home, I live on the fifth floor and the building was moved a few inches at least. It was very scary, it was very hard, and after all that happened in Japan Esmeralda …", reflected on the website of El Pais.

The director of the seismic Spanish Emilio Carreno, explained that the Murcia region, bordering the Mediterranean, was "one of the regions of the peninsula where the earthquake risk is highest.

"It is normal to reach such magnitude, but we did not used to very high magnitude in this region," said Carreno.

Soon, people would gather in the streets without knowing where they would spend the night, while debris continued to fall facades. Patients from a hospital in the city, the hospital Virgen del Alcazar, were evacuated by television.

The quake was also felt to Almeria, Granada, Jaen, Malaga and Sevilla in Andalusia, in southern Iraq.

The eight public service unions calling for protest and strike May 31 to defend wages, jobs and protest against the deterioration of working conditions. Demonstration in Marseille officials January 21, 2010.

Purchasing power, working conditions, job cuts: unions of the Public Service raise their voices to a year of presidential elections within six months of work, calling for a mobilization of "strong" Wages May 31 , with possible strikes.

The eight unions (CGT, CFDT, FOR, FSU, UNSA, Partners, CFTC and CGC) on Friday urged the estimated 5.2 million employees in three public (state, territorial and hospital) to "mobilize strongly "during the day, which should result in" rallies, demonstrations, strikes …".

They condemned "the policy of wage austerity led by the government, which announced in mid-April freeze point index, base the calculation of wages for the second consecutive year in 2012.

They also argue that this policy "exacerbates a context marked by job losses and deteriorating working conditions." This raising of tone on all fronts is probably not unrelated to the workplace elections to be held in the Civil Service and State Hospital, October 20 (in 2014 in the land). The new voting system, from a reform of 2010, some organizations might find it difficult to maintain locally.

In recent weeks, unions denounce so with renewed vigor the General Review of Public Policies (RGPP), a comprehensive program of reorganization and economies of the state which includes the non-replacement of staff on two from the retirement.

Jean-Claude Mailly, secretary general of the Workers Force, has used strong words this week, accusing the government "to sell off public services." He called for an end to this device "is also reflected in the dead," citing the union increased suicides of 5 to 6% in recent years and officials demanding the release of official data on this subject.

Following these statements, a labor inspector, who was also union office, committed suicide by throwing himself into the stairwell in the premises of the Ministry of Labour.

The secretary general of the CFDT Francois Chereque had also recently denounced a "tremendous discomfort" related to the RGPP. On Tuesday, his organization has also published a survey showing a sharp deterioration of working conditions in the public hospital.

FSU has chosen a more positive map by creating a website "proud-of-service-public.fr" FO's side launching a campaign on Facebook (Public Service: I-we-all FP).

In their joint appeal Friday, the organizations emphasize, however, on wages, demanding "an immediate and substantial" index point, while inflation is around 2% according to Insee.

They "are challenging the discourse of government to suggest that the public knows the real purchasing power increases," the ministry claiming that the index points is only part of the evolution of remuneration of public servants.

The entourage of the Secretary of State for Public Georges Tron said Friday at the AFP "take note" of this day of action, saying "pay attention to what will happen," while recalling having "shown that purchasing power were guaranteed for everyone and that there is even an overall increase.

Veolia Environnement on Thursday posted a turnover up 11.3% in the first quarter, thanks in particular to the resumption of its activities in the waste.

The world leader in environmental services has confirmed in a statement it aimed for 2011 growth in its recurring operating income by 4% to 8%, excluding merger with Transdev in transport.

This result, however, fell 1.1% in the first quarter, mainly due to smaller gains than those recorded during the same period of 2010.

Veolia also reiterated that this year was an increase in net income Group share and cost reductions of at least 250 million euros, and sales exceed 1.3 billion euros and a free positive cash flow after dividends.

The group posted first-quarter recurring operating income of 636 million (-2.6% at constant exchange rates) and operating cash flow of 997 million, up 3.7% (+2.0% at constant exchange constant), doped up to 60 million by the savings program.

Its turnover, which incorporates all the new Transdev Veolia, was up 3.4% at constant scope and exchange rates to 8.159 million euros.

According to the consensus reached by the editor of Reuters, analysts on average expected operating profit recurring from 626 million euros, an operating cash flow of 989 million and sales of 8,040 million.

Veolia shows a net debt of 14.5 billion euros at March 31, down more than 700 million euros from the end of 2010, while its cash flow has reached 539 million euros against 45 million first quarter 2010.

For the period 2011-2013, the group also said in March it was increasing its average annual recurring operating from 4% to 8%, a disposal program of EUR 4 billion and a target of cuts cost of 300 million euros per year by 2013.

The Veolia Environnement share closed Wednesday at 22.15 euros.She earns 1.28% since the beginning of the year after yielding 5.4% in 2010.

The light vehicle sales rose 17% in annualized volume of 13.17 million units in April in the U.S., more than 16% that analysts projected the automotive sector, according to data released Tuesday by Autodata .

General Motors and Ford Motor have shown a much stronger growth than their Japanese rivals last month, apparent consequence of the earthquake that hit Japan on March 11.

GM's sales rose 26% in April and those of Ford's 16%, while Toyota Motor could not do better than 1.3% growth and Honda Motor 5.7% more.

However, Korea's Hyundai Motor has achieved the best April in history, with sales up 40%.

Chrysler Group, managed by Fiat, has announced it a jump in sales of 22%, its 13th consecutive month of growth.

The impact of natural disasters suffered by Japan on all listed companies, could rise to 8.7 billion euros. View of the industrial port of Tokyo

Japanese firms have registered an overall decrease of 32% of their net profit between January and March because of the earthquake and tsunami that struck the north-east of the archipelago, according to a study. This is the first decline in 18 months of this indicator of 544 listed companies published by the Nikkei business daily.This figure is further evidence of the impact of the disaster of March 11 that damaged many infrastructure and factories in the Tohoku region in northeastern Japan, clogging many supply chains in the automotive sector in particular.

A separate study of about 1,000 listed companies shows that their total exceptional losses related to earthquake rises to 600 billion yen (5.2 billion euros). The business daily estimated that the impact on all listed companies should reach about 1 trillion yen (8.7 billion euros).

The Bank of Japan has revised downward Thursday its growth forecast for the country during the fiscal year of April 2011 to March 2012, now expects 0.6%, against 1.6% previously. She believes, however, that from the fall of 2011, reconstruction work should support the economic recovery.For 2012/2013, it raised its growth forecast by 0.9 point to 2.9%.

According to ten economists polled by the Nikkei, the Gross Domestic Product (GDP) in the third largest economy fell 2.3% in first quarter 2011 (January-March), on an annualized basis, the end of this period is marked by disaster. The government must publish its May 19 official estimate of growth for this period. These economists also believe that GDP is expected to decline further in the second quarter (April-June), 3.2% annualized rate from an average of their projections that are part of a rebound in activity from this summer.

The magnitude 9 earthquake and the giant tsunami that followed destroyed infrastructure, homes and factories to an estimated 25,000 billion yen (210 billion) by the authorities.Some 14,500 people were killed and more than 11,300 are still missing, according to the latest official toll.

This fee established in 15 countries funded medical assistance to developing countries. A similar tax on financial transactions would yield billions of dollars. A passenger shows his ticket embarquemtn at Schiphol Airport Amsterdam

The tax on air tickets created in 15 countries reported in four years more than 2 billion dollars for medical assistance to developing countries, said in Washington Wednesday, April 20 Philippe Douste-Blazy, Deputy Secretary of the UN in charge of innovative financing.In a discussion with reporters, former French Minister of Foreign Affairs, Chairman of UNITAID organization, supervised by the United Nations, recalled that the tax helps to finance operations against three major diseases: AIDS, malaria and tuberculosis.

"With the financial crisis, we will see a decrease in development aid, the G20 in November is an opportunity to make 2011 the year of innovative financing," especially with "the establishment of a small group pioneer for a tax on financial transactions, "said Douste-Blazy. According to his calculations, a simple tax of 0.05% on foreign exchange transactions between banks could yield 120 billion per year. A fee ranging from 1 percent in the South at 5 cents in developed countries on every package of cigarettes in the 44 countries of the G20 could yield broader $ 8 billion a year, he said.

Mr.Douste-Blazy will visit China in June, hopes the country will join in the first instance the board of UNITAID. He notes that over 200 million tickets are purchased each year in China and forecasts predict that the figure of one billion tickets will be reached in the coming years. He hoped that it would eventually not charge tax on tickets. Innovative actions have been generated under the auspices of UNITAID, including a charitable society based on a pool of licenses for drugs "where pharmaceutical waive their rights only for production of drugs against AIDS triple therapy for the countries developing. This initiative has the support of the administration of President Barack Obama, said Douste-Blazy.