Equity

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.

Meeting at Palazzo Chigi between the Government and representatives of the metalworkers’ unions to take stock of the Alcoa dispute.

The Government has announced that within two weeks we will know the intentions of Glencore, the Swiss multinational in talks to detect the aluminum plant of the US group which is located in Sardinia.

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.

The Spanish oil company Repsol reported a decline in net profit in the first quarter by 43 percent to 434 million euro, compared with 761 million euro in the same quarter of the previous year. Adjusted net income in the quarter was 572 million euro, compared to the same period a year ago. The Bloomberg consensus was for just 261 million. Respol had closed 0.37% decline in the Wednesday session in Madrid.
Last month it cut its proposed dividend to € 0.30 per share, from an originally proposed € 0.50.

The ECB has decided to stop the production of the 500-euro note, if the issue will stop "around the end of 2018". This was announced by the central bank, talking about "concerns that this note could facilitate illegal activities." "The 500 euro banknote – the ECB precise – will always retain its value and can be exchanged at the Eurosystem central banks for an unlimited period of time."

The European Commission is preparing a review of the Dublin agreements on joint management of immigration by introducing a 250,000 euro fine for each refugee is not accepted by one of the EU member states, in relation to the due share. The news was revealed by the prestigious Financial Times: this would be an extreme measure to convince Poland, Hungary, Czech Republic, Slovakia and Austria to accept refugees, contrary to the address indicated by the respective governments.

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.