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Vinci said Thursday that its subsidiary had won five contracts Eurovia maintenance of road infrastructure in the UK for a cumulative value exceeding 1.7 billion euros.

The contracts, whose initial terms ranging between five and ten years, covering all aspects of road maintenance, such as routine maintenance, inspection and repair works of Art, emergency response, snow removal and street lighting, Vinci said in a statement.

Two of these contracts were won through a joint venture with the American consulting firm Jacobs.

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The Tokyo Stock Exchange ended Friday in a piecemeal, according to a new low of two and a half years in session for the Nikkei, while France and Germany have not reached the day before to convince investors of the imminence of a consensus on the answer to the debt crisis.

The Nikkei lost 0.06% (-5.17 points) at 8,160.01 points, while the Topix, broader took 0.52 points (+0.07%) to 706.60 points.

For the week, the two indexes have lost respectively 2.6% and 1.9%.

At the conclusion of a tripartite meeting in Strasbourg between the Italian Prime Minister Mario Monti, the French president Nicolas Sarkozy and German Chancellor Angela Merkel, the latter reiterated his opposition to any change in the mandate of the European Central Bank (ECB ) and the introduction of Eurobonds.

"Some investors bought oversold values ​​in the afternoon (Japan), but concerns about the situation in Europe remains" Judge Kenichi Hirano, Tachibana Securities.

The Greek government expects a budget deficit reduced to 5.4% of GDP in 2012 assuming implementation of the proposed debt exchange expected to reduce the burden of public debt, according to the proposed final budget submitted Friday in parliament.

Excluding the impact of the debt swap (PSI), the project includes a deficit equivalent to 6.7% of gross domestic product next year after 9.0% this year.

The exchange of debt should lead to an issue of new bonds with a nominal value of EUR 70 billion and the payment to bondholders deprived of 30 billion euros in cash.

The parliamentary debate on the budget next week to begin by examining the text in committee, the plenary vote is scheduled for 8 or 9 December.

Private sector employees in four will. And the public, who were spared, one will suffer. "In fairness", says Bercy, which hopes to save 200 million euros a year. A fourth day waiting period will be introduced for private sector employees.

A fourth day waiting period will be introduced for private sector employees on sick leave, the government said Tuesday, expecting a saving of 200 million euros for Social Security. Currently, time to which employees are compensated by health insurance is three days, often offset by the employer in large companies.

"In fairness," will also be established "one day waiting in the three public functions", announced in a joint statement the Ministers Budget Valérie Pécresse, Labour Xavier Bertrand and François Public Sauvadet.Earlier in the morning, Prime Minister Francois Fillon ruled "reasonable" before the UMP to create a day off for employees on sick leave.

If the introduction of a fourth day in the private sector is a regulatory measure, the measure for staff requires a statutory provision, the statement said. The ministers' per diem disease, representing 6.6 billion, growing at a rapid pace and difficult to justify (3.9% in 2010, after 5.1% in 2009). "

Ministers argue that "the bill initial funding of social security plans to change the replacement rate of subsistence allowances (DSA), enabling a lower expenditure of 220 million euros." Both measures are intended to achieve "an economy equivalent," explains Ms. Pécresse and MM. Bertrand and Sauvadet.

The European Investment Bank (EIB) could provide up to 74 billion euros in loans to banks in two years in Europe if its own capital was strengthened, including with money provided by its shareholders, according to a document prepared for the finance ministers of the Union.

Prepared for the Council of Finance Ministers of the EU, which meets Tuesday, the report details the means that could be implemented if the credit crunch.

"The risk reduction of leverage by the banks is not negligible and it is important to maintain and even increase of EIB lending to the real economy through the banks," said Bank in this document, dated November 3.

Exxon Mobil reported Thursday a 41% jump in earnings in the third quarter, slightly more than expected by Wall Street, thanks to higher oil prices and improved refining margins.

Several major oil companies like Royal Dutch Shell and Norway's Statoil, have reported in recent days of strong quarterly results due to higher oil prices.

The futures contract on crude oil traded in New York has averaged $ 90 per barrel in the quarter, up 18% over the same period in 2010, while Brent crude oil jumped 48% .

An hour after the opening of Wall Street, Exxon earned the title 0.2% to 81.17 dollars, underperforming the S & P of the energy gained 2.34%.

Exxon is investing heavily in the exploitation of shale gas, particularly in North America.

The benefit of exploration activity and production of Exxon jumped 54%, the refining of 36%. The group said that better refining margins helped boost the profit of one billion dollars.

A tax on financial transactions will not see the day at the international level, as expected, Nicolas Sarkozy, the finance ministers of the G20 Saturday overwhelmingly rejected the initiative.

Delegations American, Canadian, Japanese, Indian or Brazilian were against such a tax, which was one of the flagship initiatives that France hoped to advance during its presidency of the G20.

The tax, which is also reluctant Britain except that it is comprehensive, however, could be created only within the euro area, led by France and Germany.

"It was clear that we need to implement this tax in Europe because there is no support to do a comprehensive plan," agreed the German finance minister, Wolfgang Schäuble, after the meeting .

The European Commission has proposed the end of September an EU tax on financial transactions from 2014 excluding the foreign exchange market.

Under this proposal, transactions outside of Europe would also be taxed, from the time they involve a bank or other financial institution of the old continent, to avoid capital flight.

The tax does not, however, concern individuals or operations on the primary market sovereign debt and current share price.

The figures given by the Community executive cover a 0.1% tax on exchanges of shares and bonds and 0.01% on the exchange of products.

The device could raise some 30 billion euros per year, according to several preliminary estimates in the Community executive.

According to a recent survey by the Commission, 65% of Europeans are in favor of this tax.

The U.S. economy has created far more jobs than expected in September and the new posts of previous months have been revised upwards, according to official statistics released Friday that could mitigate fears of a return to recession.

Last month, 103,000 non-farm jobs were created, according to the Labor Department, while economists on average expected 60,000 creations.

The unemployment rate was unchanged from a month to month to 9.1%, in line with analysts' expectations.

The right numbers in September are based in part on the reintroduction of 45,000 employees of Verizon in the number of jobs created, they were not in August because of a strike.By excluding these employees, 58,000 new jobs were created.

Statistics disappointing August, which reported zero job creation, for its part has been revised to bring out 57,000 new jobs. That of July was also revised upward to 127,000 against 85,000 previously.

Overall, the private sector has created 137,000 jobs, 100,000 against and 42,000 expected in August. The public sector has eliminated 34,000 jobs to him.

RELIEF

These employment figures are one more sign that the U.S. economy could avoid falling into recession despite a sluggish summer.Last week, the growth of U.S. gross domestic product in the second quarter was revised up to 1.3% against 1.0% in the first estimate.

Recent indicators of the manufacturing sector, business spending and auto sales leave now think the economy is doing better than expected third quarter.

Hourly wages have also increased by 4 cents in September after falling all the previous month.They then recorded their first decline since October 2009, pushing the savings to its lowest level for over a year and a half.

"The increase in job creation and revisions of the statistics is comforting and exciting to the market," said John Kilduff, partner of Capital hedge fund in New York Again.

"But it seems premature to use these numbers to say, regarding the economy in general, we are out of the woods," he tempers.

In September, the U.S. economy has eliminated 13,000 manufacturing jobs, after having destroyed in August 4000.

Some economists fear that the debt crisis will derail the U.S. recovery, not a fear expressed Thursday by U.S. Treasury Secretary Timothy Geithner.

"We're still not at a job that can bring down the unemployment rate, which remains a key concern important to the economy," warns Ellen Zentner, economist at Nomura Securities in New York.

The economy must grow by at least 2.5% per year and create jobs 150.00 per month to prevent the unemployment rate to rise.

The action EADS is among the largest declines in the CAC 40 index on Thursday morning at the Paris Stock Exchange, while concerns are emerging about a domino effect on aircraft manufacturers difficulties refinancing of French banks in dollars.

In a market that was down 3.93%, weighed down by the performance of particular financial and cyclical stocks, the parent company of Airbus shows a fall of 6.81% to 21.14 euros at 10:45.

"It lowers the title.This is the first strong example of the effects of the crisis of dollar liquidity for European banks on the real economy, "said David Thebault, head of quantitative trading at Global Equities.

"We must certainly take this into account (the difficulties of banks) in financing equipment for all aircraft manufacturers," judge his side an analyst based in London, in a note.

This risk is relative, however, under the control of German banks to lend and potentially U.S. institutions, said the analyst, who also refers to possible emergency measures on the part of the French state.

"There are ways to deal with it immediately: some will take the place of French banks – U.S. banks and Chinese – and there are other ways to finance an aircraft, especially to leasers (lessors ) and 'vendor financing' EADS ', also adds Christophe Menard, an analyst at Kepler.

These fears of financial difficulties echo the statements of some leaders of the aviation sector in the Istat, a conference on the financing of aircraft, held in Barcelona on Tuesday.

French banks, which accounted for about 31% in aircraft financing transactions in 2010, reduced their availability significantly, said on this occasion the chief financial officer of Ryanair, Howard Millar.

The five major central banks around the world, including the ECB, announced September 15 a coordinated commercial banks to offer loans in dollars in three months to prevent freezing of the money market which would be caused by the debt crisis sovereign in Europe.

European banks, particularly French, have seen their share price fall since the beginning of the summer on fears related to potential recapitalization needs and issues of liquidity in dollars, American money market funds and other traditional lenders Greek dollar fearing failure and potential devastating effects on the markets.

In this context, speculation saying that the French government could be forced to intervene to stop the bleeding is growing, especially as fears of a credit freeze remake regular surface due to the persistence of debt crisis in the euro area.

Politicians and bosses of banks took turns for several weeks to deny any need for new capital, but struggle to convince.

BNP Paribas, which has undertaken to strengthen its equity more quickly, said last week it would reduce the size of its balance sheet of about 10% by the end of 2012 and it would also reduce its needs funding dollar.

Societe Generale for its part intends to strengthen its capital of four billion euros by 2013, including asset sales and reducing their activity.

Wall Street opened the session Wednesday up timid, investors playing the card of caution before the results of the two-day meeting of the Monetary Policy Committee of the Federal Reserve (FOMC).

In early trade, the Dow Jones gained 0.22% (25.50 points) to 11,435.98 points. The Standard & Poor's, largest, advanced 0.34% (3.82 points) to 1206.16 points while the Nasdaq composite gained 0.85% (22.07 points) to 2612.21 points.

The markets expect the Fed decides to influence long rates to support economic activity, an action similar to that conducted in the 60's and so called "Operation Twist". The release is expected around 18:15 GMT.

Values, General Motors rose 0.71%.The CEO of GM has expressed concern about the risk of a recession in the U.S. but it does provide a recovery in demand because of the need to replace an aging fleet in the major economies.

The technology sector gets its game after Oracle reported Tuesday a quarterly revenue slightly exceeded expectations and delivered a better than expected profit forecast for the current quarter.

The work of the specialist management software database jumped from 7.37% in early trade, while Adobe, which also announced better than expected forecasts for the fourth quarter, advancing 5.8%.

Pepsico appreciating the title of 1.65%. The group announced the creation of a board comprising its divisions drinks and food in order to achieve economies of scale, and reaffirmed its outlook statement for 2011.