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Since same day cash advance is a high risk loan for the lender, the interest rates charged are high. The lender has no security and does not even conduct a credit check.

Higher oil prices supported the results of Repsol, which announced Thursday up 4% of its first quarter earnings, excluding the majority stake in energy group seizure YPF by the Argentine government.

On a pro forma basis, net income adjusted for exceptional items and storage costs stood at 474 million euros in the first quarter, supported by the rise in pe Petroleum and good performance in the liquefied natural gas.

Including YPF, its net profit fell 3% to 635 million euros, said the oil group.

At the Madrid Stock Exchange, the action Repsol gained 5.03% to 13.790 euros at 9:10 GMT, while the European index of oil and gas sector in Europe progressed by 0.3%. 

The title still shows a loss of 42% since the beginning of the year, heavily affected by the announcement last month of the seizure of his 51% stake in YPF in Buenos Aires.

This expropriation should result in a legal battle around the issue of compensation for Repsol.

The group, which opens new markets, to unveil his new strategy on May 29

Travauil Minister Xavier Bertrand said that the situation on the employment situation "remains difficult". The numbers of job seekers in March will be published in late today to 18. The Minister of Labour and of Health Xavier Bertrand

Labour Minister Xavier Bertrand said Thursday that the situation on the employment situation "remains challenging", but the first quarter of 2012 will be "better" than the last in 2011, while the numbers of job seekers will be published in March in late afternoon by his ministry. "We will remain a difficult situation, everyone would expect, given the economic climate. That said, we will have a first quarter of 2012 to be better than the last quarter of 2011," said Minister interviewed on LCI data of March.

"We will not be satisfied with this path, we must do much more and much better in terms of outcome," he said. "You have to have a significant and sustained decline in unemployment and, for that, we need major reforms much larger still," he added. As he was questioned about whether the figures for March – the last of the five-year period – will be bad he repeated: "the situation remains difficult." In February, the number of job seekers without work in France had increased for the tenth consecutive month reaching 2,867,000 people, or 6,200 more than in January.

Crude prices have come down on Friday, announcing a slowdown in Chinese economic growth led investors to harbor doubts about the changing demands of the consumer of the second pe PETROLEUM.

On the Nymex, the May contract on U.S. crude (WTI) ended on a loss of $ 0.81, or 0.78%, to 102.83 dollars a barrel.

For the week, a barrel of WTI lost 48 cents, 0.16%, recording a fourth weekly decline in the space of five weeks.

Analysts warn, however, it is still too early to suggest a downward trend, especially as several geopolitical files remain on the table, including Iran.

In a report in late March, the General Inspectorate of Social Affairs denounces malfunctions in the purchase, adaptation and monitoring of training job seekers. Agency employment center in Nice

Procurement procedures by training employment center for the unemployed are too rigid to be fully effective, agents lack a simple tool to identify a suitable training to all job seekers, underlines the Igas in a report in late in March. While Nicolas Sarkozy has made training for the unemployed a hot topic of his campaign and he expects in the coming days the proposals of Senator Gerard Larcher UMP to get the number of trained unemployed 10 to 40%, the General Inspectorate of Social Affairs estimates that the "excessive rigidity" group purchasing system "undermines the quality of training purchases."

Training, subject to competition rules, are subject to tendering procedures with bidding. Procedures to reduce and respond more quickly to the needs of the regional employment center buy training packet. Based on a survey conducted in four regions (Brittany, Picardy, Poitou-Charentes and the Rhone-Alpes), the peak Igas a series of malfunctions: bidding "when no match was found necessary "or" training provision was anyway available in the region ", and especially tools" still often craft "in the hands of advisers employment center," which is a major obstacle to access seekers job training ".

"The rate of filling internships are only up to 100%", generating "additional costs" for the employment center for the training are paid hourly and ordered not to the number of students present, is still Igas . The economy of scale is not to go: Poitou-Charentes, the actual average cost is 4,500 euros per student in group training, against € 1,800 in individual training. This principle of payment should be reviewed in the next framework agreement laying down the purchasing of training, employment center told AFP. The Igas also criticizes the weakness of monitoring tools for trainees and training organizations who "deserve to be professionalized."

It suggests defining monitoring indicators (time to begin the program, fill rate, rate of return to work), that are among the very few actors in training, unlike other countries. To increase productivity and reduce the workload of councilors employment, "the establishment of + platforms + training entrusted with the functions of + back office + (registration, payment, recovery certificates, etc..) Should be generalized," continues the 'Igas. The calls finally Igas better "joint" with the regions, who buy them as training for the unemployed: skills training for the regions, training for rapid re-employment to employment center. Employment center has a monopoly in the prescription of training the unemployed but the fact that some funds (17% in 2010), the remaining regions the major funders (57%).

The output growth of French chemistry to slow to 1.8% by volume in 2012 after the 5.9% achieved in 2011, due to the economic downturn and rising cost of raw materials and energy, told Reuters the president of the Union of Industries (UIC), Olivier Homolle.

The annual report of the UIC, released Tuesday, reveals that the performance of France were better than that of the entire European Union, in which the growth of the n 'was only 1.1% last year and should not exceed 1.5% in 2012.

Last November, the UIC had raised its growth forecast to 4.5% in 2011.

In total, the turnover of the industry grew 13% last year to 86.7 billion euros. 

"We see 2012 on a relatively positive but with a number of uncertainties because the world is moving at full speed," said Olivier Homolle in an interview with Reuters, while noting that the level of growth 1.8% expected this year is "very respectable".

He noted that the worsening economic climate in Europe and the slowdown in the entire industry in France had gradually affected the chemical sector, whose stocks have become cumbersome from the second quarter. 

GOOD CONDUCT OF PERFUME AND COSMETICS

The good news, Olivier Homolle continued, "is that there is no reason that Asia does not continue to draw quite significantly the global economy and that since beginning of the year, the U.S. showed signs of significant growth that have a good impact on the overall economy. "

With 5.9% growth in 2011, the production of the French chemical industry came back last year in volume to levels before the financial crisis, it had been drop 1.1% in 2008 and 9.5% in 2009, its worst decline in 20 years.

Last year it was mainly driven by the chemistry for the manufacture of cosmetics, perfumes, and to a lesser extent, cleaning products. 

For export, the demand of foreign markets, especially emerging, was supported in 2011, resulting in increased sales by 9.8% in value. But due to a high level of imports (12.4%), the balance of the sector fell to 4.4 billion euros, against 5.0 billion in 2010. …….

In 2012, export growth should return close to the average level of 2% recorded between 1990 and 2011. European growth is seen at 1.5%.

While oil prices seem set to continue the current high levels, above 120 dollars a barrel for Brent, UIC has urged the French government has become more open to development shale gas.

"The fact that the debate be closed is very worrying," said Olivier Homolle, who is also director of the French division of German group BASF.

"The goal is first to be as competitive as possible. Should at least permit the debate to take place, that we can get an education," said ; Olivier Homolle.

The Italian economy contracted by 0.7% in the fourth quarter of 2011 compared to the third, according to final data issued Monday, confirming that the third power economy in the euro area has entered a recession expected to continue well into 2012.

According to figures from ISTAT, the National Institute of Statistics, gross domestic product (GDP) fell by 0.4% compared to fourth quarter 2010, against an initial estimate of -0 , 5%.

Domestic demand has decreased over the period, as investment and inventories. Only exports contributed positively to economic activity.

In the third quarter, the decline in GDP from one quarter to another was confirmed at -0.2%. Over one year the increase was 0.4% against 0.3% in the first estimate.

Two consecutive declines in GDP is the technical definition of a recession.

Over the whole of 2011, Italian GDP grew by 0.5% against 1.8% in 2010.

For the year that has just begun, technocrat government of Mario Monti expects a decline of 0.4% while the Bank of Italy expects a contraction of 1.5%.

U.S. stocks open slightly higher Friday after the announcement of more new jobs than expected last month in the United States.

In early trade, the Dow Jones gained 0.16% or 20.17 points, to 12,928.76 points. The Standard & Poor's, wider, takes 0.25% or 3.49 points to 1369.38 points while the Nasdaq composite wins 0.3% (8.71 points) to 2,979.12 points.

The U.S. economy created 227,000 non-farm jobs last month, according to statistics from the Labor Department, and the unemployment rate remained at its lowest level in three years to 8.3%.

On the values ​​front, Monster Worldwide, the agency offers online job, gaining nearly 2%. Manpower is 0.2%.

The market is also supported by the announcement of a high acceptance rate of return for Greek debt.

Three years ago exactly, in a financial crisis, the S & P 500 posted its lowest closing level in 12 years, to 676.53 points. Since then, the index has more than doubled.

Side decreases, Texas Instruments lost 1% after launching a warning on its first quarter results.

PSA Peugeot Citroëna unveiled Tuesday the terms of the capital increase of about 1.0 billion euros related to its alliance with General Motors, an operation marked by a substantial discount to the American group that will take 7.0% stake.

This capital increase, announced last week at the presentation of the alliance between the two automakers, will open on Thursday and until 21 March inclusive.

The operation with maintenance of preferential subscription rights will be on the basis of 16 new shares for 31 existing shares, said in a statement PSA. 

The subscription price is set at 8.27 euros, showing a discount of approximately 42% over the closing price on Monday (14.2050 euros), and 32.4% compared to the theoretical subscription right off (12.23 euros).

Discount as the French group finance director, Jean-Baptiste de Chatillon, a relativized in a teleconference with reporters.

"What must be considered as haircuts, the calculation is compared to the theoretical price after issuance of one billion, ie about 32%, and this de ; rating is quite usual in the market, "he said. "What matters now is the time and size of the capital increase."

The action PSA yielded 2.56% in pre-market transactions in Frankfurt after the announcements.

For analysts at CM-CIC Securities, "this discount is explained by the fact that the success of the capital increase would condition the entry of GM capital of PSA and thus the birth of the alliance ".

PRIORITY INVESTMENT

The Peugeot family, the largest shareholder group, 45.4% exercise of his rights for $ 140 million and sell its remaining rights to General Motors. The latter will invest a total of 304 million euros in the operation, including the purchase of these rights and the acquisition of treasury stock (4,400,000 shares).

Following the capital increase, the Peugeot will own 25.2% stake in GM and PSA 7.0%.

"This round of money for PSA Peugeot Citroën will fully intended to fund our strategic projects with General Motors," said Jean-Baptiste de Chatillon.

"These investments will enable us to accelerate our globalization strategy and go upmarket, and (…) access to technologies and projects much faster and mania re wider ", he added.

Priorities for which he also argued for the decision of PSA do not pay a dividend this year. 

"We need our cash to fund these investments," he summarized.

Last month, SAP announced a major plan asset sales totaling 1.5 billion euros after the publication of annual results marked with an operating margin born NEGATIVE activities in the automotive industry, a "free cash flow" negative EUR 1.6 billion and a doubling of the debt in six months.

Natixis reported Thursday a net profit above expectations in the fourth quarter of 2011, the bank is able to compensate for the decline in revenues in market activities s by controlling its expenses.

The bank, a subsidiary of BPCE (People's Bank-Saving), reports that fourth-quarter net income of 302 million euros, down 32% compared to last quarter of 2010.

According to the Thomson Reuters consensus I / B / E / S, analysts on average expected a net profit of 263 million.

In FY 2011, net income stood at Natixis 1.56 billion euros, down 10% compared to 2010. There is $ 2.6 billion for its parent BPCE.

Relatively less exposed than other French banks to sovereign debt crisis in the eurozone, Natixis said to have yielded in the last quarter of 2011 to 1.6 billion euros in assets in his bank Financing and Investment Banking (CIB) and two billion euros in assets in its portfolio of toxic assets.

In exchange, the Natixis shares gained 7% to 2.50 euros to 10.30, outperforming the European Banking (0.74%). At this price level, the title wins 28.5% since the beginning of the year after falling 41% in 2011.

In a research note, CM-CIC Securities said the "resilience of the economic model" of Natixis.

In corporate banking and investment income of Natixis were down 20% in the fourth quarter. However, they grew 6% in the Investment Solutions division and 2% in specialized financial services.

Constraint as the other banks to adapt its activities to the crisis, Natixis plans to eliminate nearly 280 positions in the BFI. It takes the same time be more selective in choosing clients and wants to stop certain activities of non-strategic markets.

Natixis will pay a dividend of 0.10 euro per share for 2011.

For comparison, BNP Paribas and Societe Generale have finished 2011 with profits of respectively 6 billion and 2.4 billion euros. Net income for the Crédit Agricole group stood at 812 million euros.

In late 2011, the capital ratio of hard Natixis, said core tier one, stood at 10.2%.