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Press review

In January 2010, General Motors concluded Hummer production after a strategic partnership with the Chinese firm Tengzhong Heavy Industrial, although no administration deal has emerged. The market dynamics reveal changing consumption habits, especially in luxury goods and products benefiting from tax relief in Europe. As the European Central Bank keeps rates steady to invigorate the real estate sector, new competition arises in the smartphone arena between tech giants Apple and Google, indicating a transformative period for industries worldwide.

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Press review

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  1. 22/01/2010 Pressreview Cypress Team

  2. General Motors stopped the production of HUMMERS • mid 2009 GM gets a deal with chinease firm Tengzhong Heavy Industrial • Till now no administration agreement to take over the production

  3. Chinese kings of shopping in France • De-taxed products • of 47 % in 2009 • Russians 2nd ( 22%) • 15% of the sells of de-taxed perfumes, luxuries goods • Japaneses 3rd ( 16,7%) • Americans 4th ,Brazilians 5th , Ukrainians 6th

  4. Apple VS Google • After the battle with smartphones new opportunity for competition : Research pages • Apple negotiate with Microsoft to integrate it’s own research application : Bing Google 65,7% of market VS 10,7% for Bing, sourceComScore.

  5. The European Central Bank maintains its main rate at 1% • What is the ECB? • The ECB is the institution of the EU tasked with administrating the monetary policy of the member states taking part in the Eurozone • It is one of the world's most important central banks • Banks borrow some money from the ECB when they need financing • Consequences? • This rate is about the one from witch banks borrow from the ECB and influences directly those proposed to the population. • The rates already low will be maintained to their level in order to revitalize the real estate market • => It’s still the time to buy!

  6. H1N1 good for paper industry… • crises boosted consummation of hygienic products : paper-towel, Kleenex, … • 2% besides the crises (819 000 tones) • 10,9% of paper and cardboard • consummation habits… ?

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