ArcelorMittal, the first global steel producer, has closed the first quarter of 2016 improved, with net losses of $ 416 million (364.3 million euro) compared with 728 million the same period last year. The company has however confirmed that foresees further improvements on the side of profits, with EBITDA (earnings before interest, taxes, depreciation and amortization), which for 2016 to exceed $ 4.5 billion (3.94 billion euro).
The United States continued to create jobs in the month of April, although at a slower pace than before. An indication almost expected, given the slowdown came in recent days.
The framework of the ADP report showed a lower than expected employment growth in the agricultural sector, while they returned to rise layoffs in the United States. American companies take less than what happened at the end of 2015 while increasing the Americans applying for unemployment benefit.
Crude oil prices marks a surge in European trade on Thursday, as a result of a fire that broke out in Canada that has stopped production of the raw material in the country.
A huge fire, which forced 88,000 people to leave the city of Fort McMurray, in the western part of the country, is threatening the airport and the countries south of the city, as reported yesterday by the authorities.
Argentina is still in recession, despite the great strides made by the new government Macri to reactivate growth. According to Moody’s, GDP will contract by 1.5% this year, given the ongoing growth of unemployment and inflation that remains above 30%.
The agency provides that in Buenos Aires the new policy will not begin to have an effect before next year. The Moody’s report comes as a result of Argentina’s return on the capital market, after an absence of 15 years.
Twitter continues its descent on the New York Stock Exchange, where its meeting yesterday hit its historic low at $ 13.90 per share. It is not so much the daily downward (-2.9%) how much the difference compared to the listing price of 2013: the value of the stock of social microblogging has literally halved compared to the $ 26 IPO.
In addition, the performance year to date is bad (-36%) as well as the accumulated loss in the last 12 months stood at -70%. To determine yet another collapse were the disappointing quarterly results, disclosed last week, even if the title is for some time at a critical stage.
Blow to Johnson & Johnson, which will have to compensate the record sum of 55 million dollars to an American woman. A St. Louis court has in fact imposed on the American company a maxi-compensation against Gloria Ristesund, 62 year old of South Dakota which states that the use for years of talc-based products led her to develop an ovarian cancer .
It is not the first unfavorable verdict for J & J, after he was sentenced in February to pay $ 72 million to the family of an Alabama woman, Jackie Fox died following an ovarian cancer, who had sued claiming that illness, and death was caused by products containing talc. In addition the company is facing some 1,200 lawsuits on charges of failing to inform users about the risks linked to its talc-based products.
Beyoncé, the pop star Texas, after being climb atop the hit parade, decided to investiire a part of his wealth in the natural beverage industry, more precisely on the watermelon juice. The singer, who Forbes is worth $ 450 million, bought a share "significantly" in Wtrmln Wtr, a company whose forte are squeezed melons, seasoned only with a few drops of lemon. "This type of product is the future of clean hydration – wrote the singer in a statement – It’s more of an investment in a brand. It’ s a bet on women’s leadership, American agriculture and on people’s health and of the planet. "
France is opposed in a decisive manner transatlantic trade agreement of free trade between Europe and the United States, known as TTIP, Transatlantic Trade and Investment Partnership.
French President, Francois Hollande, said he was opposed in the cartel and the secretary of state Matthias Fekl, foreign trade, criticized the persistent position of the Americans and the lack of reciprocity, demanding an end to the negotiations.
