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Renault could fall to 35% its stake in the Russian AvtoVAZ, while Nissan will probably be 15%, said the Renault-Nissan CEO Carlos Ghosn.

Carlos Ghosn made the remarks to financial analysts Monday that he presented the new development plan for six years at Nissan, said several participants contacted by Reuters on Wednesday.

Renault already owns 25% plus one share of AvtoVAZ. The additional 10% of Renault and Nissan 15% could be worth about $ 415 million (287.6 million euros) on the basis of the current stock market valuation of AvtoVAZ.

"It is very likely end up with something on the order of 15% for Nissan and 35% or more for Renault," Ghosn told analysts.

"Why 15% for us (Nissan)? Because it will bring some financial benefits.In addition, I would like (…) that has at least two representatives from Nissan "on the board of AvtoVAZ.

Carlos Ghosn said last week hoping to reach an agreement with shareholders of AvtoVAZ by the end of the year.

He also told the conference that he foresaw no change in the capital structure of the Renault-Nissan for at least two years.

The Head of State presented the results Monday of the great loan. Twenty billion euros of a total of 35 billion have been committed by the end of the year. Nicolas Sarkozy presented the results of large loan Monday, June 27 at a press conference on investment for the future.

Nicolas Sarkozy said that "twenty billion euros", a total of 35 billion, "have been committed" by the end of 2011, adding that "nearly 1,500 projects" had been filed in a year and a half , Monday, June 27, during a press conference on investment for the future.

The President recalled that on the large 35 billion loan, 22 are provided for Higher Education and Research, after several calls for tender. He noted that 100 projects "laboratories of excellence" (called Labex) had already been selected and will receive three billion euros."These 100 projects are spread throughout France," he said, while critics had appeared on the excessive centralization "Labex" selected.

In addition, 52 "equipment of excellence" (called "Equipex") have already been selected, and six research institutes and technology (IRT) and two other projects in this area "are being studied in Britain and Saclay, "the campus seen in the south of the Paris region, said Sarkozy. The president also recalled that the first wave of selection of "excellence initiatives," the great campus with worldwide who require a total of 7.7 billion euros will be designated "early July".

Nicolas Sarkozy has also asked the government to "think" and "make suggestions" on the funding of an Institute University Hospital (IHU), whose research is focused on cancer.March 30, six projects were selected under the call for projects of large loan "IHU" by an international jury and will be funded to the tune of 850 million euros, but none of the six is ​​focused on cancer, which was the subject of much criticism since.

Other ad: France "will spend one billion euros in the nuclear program of the future", including "fourth generation" and enhance "the safety research" nuclear Nicolas Sarkozy announced. "We will spend one billion euros in the nuclear program of the future, including fourth generation and we will also free up significant resources of large loan to strengthen research in the field of nuclear safety", in which domainAe "France has a recognized leadership "on other countries.We intend to invest further in nuclear safety, "stressed the head of state, while several European countries are turning away from the industry, including Germany.

He said it was "curious" the proposal to those who ask me for a moratorium on nuclear power. Nicolas Sarkozy on the other hand said that France was investing "massively" in renewable energy, noting that among the investments financed by the large loan, there was "1.350 billion on renewable energy and carbon-free production processes" . He further stated that the expenditures for solar energy has been "multiplied, since I am President of the Republic, by one hundred." "Basically, one of the most promising energy for the future, energy savings, energy efficiency is," he said on this point.

Carrefour said it had signed an agreement to buy minority stakes held by its partner, President, based in Taiwan, three companies in the French group already controls.

The retail group said in a statement it would hold 100% stake in his company Guangzhou (against 80% previously), Tianjin Jiafu 100% (against 55%) and 65% of Chongqing (against 55%), which operate respectively 5, 2 and 7 hypermarkets in mainland China.

The amount of the transaction was not specified.

Carrefour operates in China since 1995. In 2010, the group recorded sales of 4.029 billion tax-free euros through its 182 hypermarkets.

Oil prices ended sharply lower Thursday after the announcement of the decision of the International Atomic Energy of the availability of stocks of 60 million barrels from reserves of industrialized countries.

Of these, 30 million barrels will be taken from U.S. strategic reserves, announced the U.S. Department of Energy.

On the Nymex, the contract in August of U.S. crude (WTI) ended on a loss of 4.39 dollars or 4.6% to 91.02 dollars a barrel, a low not seen since Feb. 18.

Brent has in turn yielded 6.1%, 6.95 dollars to 107.26 dollars, its lowest level since Feb. 22.

"I'm very surprised.Everyone said to have sufficient reserves, it should maintain the WTI below $ 100 a barrel, that's where we would like to see Brent and could participate, "said Robert Montefusco, broker Sucden Financial.

A batch of fresh ground beef is suspected to be contaminated with E. Coli.

The company Spanghero House announced Wednesday the withdrawal of the sale of hamburgers, because of suspected contamination by E. coli, to be confirmed.

"The company Spanghero, as part of his own checks, has detected a non-compliant test result (suspected E. coli contamination, potentially pathogenic) in a batch of fresh ground beef," said a statement which specifies that this result "is to be confirmed by the National Reference Laboratory."

Products made from this batch must be immediately removed from the shelves, the company said, which states that the measure also concerns "all lots manufactured on the same day, or from the same raw materials."The products concerned are steaks, meatballs and ground beef sold under the "Maison Spanghero", "Country Steak" and "While Vu", with use-by dates up to June 24

A hotline has been available to consumers (0-800-000-158).

The products concerned are distributed in supermarkets (Intermarché, Leclerc, Le Mutant, Lidl Stores U. ..), and independent stores, especially in the south and south-western France and in Corsica. Founded in 1970 in Castelnaudary (Aude) by Claude and Laurent Spanghero rugby players, the company specializes in Spanghero canned cassoulet and fresh meat processed.

The Tokyo Stock Exchange ended up 1.13% Tuesday, its biggest gain in more than three weeks, though trading volumes remained low because of lingering fears over a possible slowdown in the U.S. economy.

Investors remain cautious with the approach of the meeting Tuesday of the Monetary Policy Committee of the Federal Reserve.

The Nikkei gained 105.34 points to 9,459.66 and the Topix, broader took 8.90 points (1.1%) to 815.73.

Values, the way Stanley Electric closed up 6.6%, the automotive supplier has announced a 0.7% sales and 3.6% of its operating profit for fiscal year underway.

Panasonic was down 0.65% after announcing Monday a 11% decline in operating profit to 2.34 billion euros for the current year, due to the severe impact of the earthquake and tsunami Production and sales of the group.

Tepco ended down 2.87% after the Moody's decision to push further its credit rating to speculative grade, and to keep under surveillance the operator of the nuclear accident in Fukushima, lack of certainty about a possible plan rescue.

Airbus has confirmed reports of one and a half to two years of first deliveries of two of the three versions of its future long-haul A350, designed to compete with the Boeing 787 "Dreamliner".

The introduction of the A350-1000, which can carry 350 passengers, was delayed for 18 months in mid-2017 after consultation with airline customers who wanted improvements, including a more powerful engine for which the British Rolls Royce has obtained exclusive.

The A350-800, the smallest version of the 270 passengers, will not arrive on the market before mid-2016, two years later than planned due to lack of customers by then.

The commissioning of the version by far the best-selling, the A350-900 to 314 passengers, however, remains scheduled for late 2013.

"This will have a very limited impact to customers.They will have better air and we will get a better margin, "said Airbus Chief Operating Officer Fabrice Brégier to reporters, about the postponement of the A350-1000.

"The fact that we may help us to push the insert (…) further technological breakthroughs and focus our resources on the A350-900 and A320neo for two to three years to come," he added after a press conference.

The A320neo is the improved version of the single-aisle Airbus flagship, the commissioning has been advanced from six months to October 2015, which allow airlines to save fuel 15%.

This device, in competition with the Boeing B737, should be the star of the Paris Air Show and represent many of the record order of nearly 200 aircraft expected from companies AirAsia and Malaysian Indian IndiGo.

Greek Prime Minister George Papandreou has not hesitated to appoint one of its former opponents, Evangelos Venizelos, the crucial post of finance minister in a government tightened to deal with the financial and social crisis. Evangelos Venizelos has since June 17 the new Minister of Finance of Greece

As Europe struggles to find a way out of financial trouble in Greece, Greek Prime Minister George Papandreou has revamped his government as expected in response to the growing social protest against the austerity measures. The primary appointment is that of Evangelos Venizelos as the new finance minister, replacing George Papaconstantinou.

Mr. Venizelos, 54, who was also appointed deputy prime minister along with the current deputy prime minister Theodoros Pangalos, was previously minister of defense.To negotiate with the creditors of the country and to pass the austerity with the public, it becomes the new heavyweight of a government tightens when the number of secretaries of state has been reduced. Revenge for a man who had vainly sought the leadership of the Socialist Party against Mr. Papandreou in 2007. From the second city, Salonika in the north, the constitutional expert who made a part of his studies in France, had led the preparations for the Olympic Games in Greece 2004.

M. Papaconstantinou, architect of reforms and austerity plan for European support for Greece is the government, but goes for the Environment, a position less exposed. The departure of Mr. Papaconstantinou his position was expected.Appreciated abroad, he was criticized by the base of the Socialist Party elected to power for imposing austerity forced march to the Greeks in order to obtain the loan of 110 billion euros granted by the EU in May 2010 and the IMF to avoid bankruptcy in Greece.

The new foreign minister of the government is Stavros Lambrinidis, 49, who was the head of the Greek Socialist parliamentary group in the European parliament and is considered close to Mr. Papandreou.

Another close to Papandreou, Panos Beglitis, until Secretary of State for Defence, became defense minister. Two team members who flew last difficult reforms, the Health Minister Andreas Loverdos and the Secretary of Labor George Koutroumanis see their portfolio responsibilities grow.

Former professor of public health at the London School of Economics, Elias Mossialos is the new spokesman for the government. As against two other relatives of Mr. Papandreou, Tina Birbili so far for the Environment and Minister of Foreign Affairs, Dimitris Droutsas, leaving the government.

These departures occur two days after large demonstrations against austerity in Athens, where the personnel policy was strongly booed. The austerity plan which must be passed before the end of the month provides additional savings of 28 billion euros by 2015, mostly through tax increases and a massive privatization.

The adoption of these measures is the sine qua non posed by donors, EU and IMF, to release a new financial assistance to countries, which is again on the verge of bankruptcy, a year after the first aid .A second package of EU aid, which could range from 60 to 100 billion according to sources, is under discussion between all European partners.

It must be part of the discussions planned Friday morning between German Chancellor Angela Merkel and French President Nicolas Sarkozy, who were to meet to try to reconcile the views of French and German on the case before the European Council next week Brussels.

The leader of the CFDT has a salary of 4500 euros per month. One of the CGT appears at 2300 euros per month. CFDT leader Francois Chereque and leader Bernard Thibault of the CGT at the Paris demonstration against pension reform Oct. 2, 2010.

Bernard Thibault, secretary general of the CGT, was interviewed Wednesday on "the main drivers" of the parliamentary inquiry commission on the financing of organizations of employers and employees, referring on RTL "a baseless accusation" .

In response to a remark about the "opacity" of funding for unions Perruchot Nicolas, member of the New Center and initiator of the inquiry, Bernard Thibault also said to receive "statutory pay," being "cleared trade unionism a public undertaking ".. "So I have a statutory remuneration of around 2,300 euros.There is no need for a commission of inquiry, it was enough to interview the CEO of SNCF to know the remuneration of the secretary general of the CGT, "he observed.

This level of pay is equivalent to the average wage in France. The CGT does not pay for additional payment and simply takes charge of his car, a Citroen C6. CFDT is, however, that supports the salary of its leader, Francois Chereque. His compensation amounted to 4500 Euros net per month over 13 months, according to Les Echos. The leader of the Workers Force, Jean-Claude Mailly, earns almost as much (4300 euros per month over 13 months).

The current account deficit widened from France in April to 4.8 billion euros from 4.1 billion in March, mainly because of further deterioration in the balance of trade in goods, the provisional figures show published Tuesday by the Bank of France.

The trade deficit in goods rose to 7.3 billion after $ 6.3 billion in March.The surplus in services trade has increased slightly in parallel to reach 1.3 billion after $ 1.0 billion, while sales revenue (3.4 billion after $ 3.3 billion) and current transfers (-2.2 bn ) remained virtually unchanged.

The financial account showed net outflows of direct investment rose sharply to 17.7 billion euros from 4.1 billion in March.

"French direct investment abroad amounted to 23.8 billion, partly because of the acquisition in the U.S. by Sanofi Aventis Genzyme," said Bank of France said in a statement.

Portfolio investment recorded net inflows in April of capital of 6.3 billion euros residents increased their holdings of 17.8 billion while non-residents to make purchases of French securities for 24.2 billion.

Other investment posted net inflows of $ 29.1 billion after net outflows of 56.5 billion in March.

To view the detailed monthly data of the balance of payments of France: