Corporate

In the first quarter of 2016, Air France-KLM Group has reduced the losses to 155 million euro, a sharp decrease from the 559 million cases of red in the same period last year.

The Dutch French group accounts improved primarily due to lower fuel prices, while weighing on the outlook for the full year the threat of terrorism, which has decreased the passengers, and currency uncertainties related to the value of the euro, which could void the benefits of a cheaper raw.

In the first quarter of 2016, Air France-KLM posted a sales increase of 0.4 percent, rose to 5.6 billion euro, transporting 19 million and 896mila passengers, up 4.6 percent over the same period 2015. increased by 0.3 per cent capacity, in line with the recovery plan Perform 2020, which provides for an increase of 2.3 per cent per annum of places available between 2017 and 2020.

Close agreement between Fca and Alphabet, the holding company which owns Google, the use by Italian-American automotive group of technology for the automatic guidance developed by Mountain View and that led to the creation of the Google Car prototype.

A technology that Mountain View intends to sell to the various car manufacturers, even if they have had considerable impact in the media that the Google Cars for six years already are testing the software for automated driving on the roads of California. According to some estimates, the prototypes of Mountain View would have accumulated so far 1.5 million miles as part of these tests. However, top managers of Google engaged on the project of four-wheeled robots have always specified that the group is not interested in becoming a car manufacturer, with the role of supplier of components.

The European Bank for Reconstruction and Development (EBRD) has decided to allocate 14 million euro gift to small and medium Tunisian enterprises in order to be eligible for various types of technical assistance: consulting, marketing strategy of products, management human resources, the ISO quality system. This was announced by director of the national program to support SMEs of Berd, Anis El Fahem. The business receiving the aid are those created by at least two years and with a turnover of at least EUR 50,000.

Swisscom in the first quarter of 2016 achieved net profit of 364 million francs, up 3.7% from a year earlier. The business volume of the largest Swiss telecommunications operator has instead contracted by 0.3%, to 2.885 billion.

The decline is explained by the reduction of tariffs, it says the biggest Swiss telecom operator said in a statement today.
"In light of the difficult market conditions, are satisfied with the business," says the chairman of the management Urs Schaeppi, quoted in a statement today. "The market is increasingly saturated and it becomes more difficult to gradually grow, for example in the mobile communications sector".

First quarter growth for the accounts of Ferrari: the Maranello recorded in the first quarter net profit to 78 million euro, a record for a first quarter, with an increase of 19% over the same period of 2015 while revenues in 675 million with an increase of 8.8%. Declining net industrial debt, which in late March is 782 million. Total deliveries of cars have reached 1,882 units, an increase of 15%.

Pierrel Pharma, a subsidiary of Pierrel, announced that Orabloc, its flagship anesthetic, recorded in the first quarter of the year increased sales by 35% compared to the same period of 2015. Considering only the month of March, the product It showed an increase of 42% in sales, reaching a record from 2012 in the North American market. The performance in the first quarter "reinforces the management of Pierrel the idea to accompany towards loftier goals its pharma" division, we read in today’s statement.

The scandal on the fuel consumption data scam continues to haunt Mitsubishi which has been forced to suspend several production lines for a period of several months. This was revealed were the Japanese media. The automaker would block the production of four models at the plants in the western part of the country, after having recognized that they had been falsified test data on fuel consumption since 1991. It is still the date of resumption of production.

After the lighthouse operation switched from Brussels and the strong opposition of the US Justice Department, Halliburton has renounced the merger plan announced last November, amounting to 35 billion dollars.

The deal was judged by the European Commission too dangerous because it might impede effective competition in violation of the Merger Regulation. The operation that would put together the second and third largest players in the sector, could eliminate the third leader Schlumberger. Even for the US antitrust service, the acquisition would undermine competition in the oil services sector, resulted in higher prices and reduced innovation in the oil services sector.