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.
The collapse in oil prices affect in a decisive manner on Royal Dutch Shell accounts. The Anglo-Dutch giant has closed the first quarter with a net profit of 421 million euro, a 89% decrease compared to 4.43 billion dollars in the same period of 2015. Without considering depreciation and exceptional costs, net profit amounted to $ 1.55 billion, -58%. The company also announced that it has reduced to 30 billion dollars from 33 previously expected, the investments planned in 2016.
The Eurogroup will hold a special meeting to examine the situation of macro-economic adjustment program for Greece. The meeting is scheduled Monday, May 9 starting at 15 in Brussels.
The meeting of ministers of the euro zone Finance, anticipated in late April via Twitter by the spokesman of the President of the Eurogroup, Jeroen Dijsselbloem, "will focus on a comprehensive list of policy reforms and the sustainability of the Greek public debt." "To carry out the first review of the program and unlock additional financial assistance in favor of Greece both of these elements must be defined," he said on the European Council website.
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.
The activities of the Chinese manufacturing sector contracted for the fourteenth consecutive month in April, thanks to stagnant demand, thus forcing firms to cut jobs at a more intense pace.
This is what emerges from the economic edited by Markit / Caixin, which tracks the performance of medium-sized companies, according to the SME development index (Purchasing managers’index).
In April, the activities of the Chinese manufacturing sector marked the second consecutive monthly expansion, but the pace of growth remains marginal.
The data comes from the index PMI (Purchasing managers’ index) prepared on the basis of an economic survey in the institute care of Statistics. The index is passed to 50.1 from 50.2 in March, remaining over the threshold 50, then into expansion territory, but below the consensus 50.4.
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.
Facebook closed the first quarter with a profit of 77 cents per share, above expectations of analysts betting on 63 cent. Revenues totaled 5.38 billion dollars, above the 5.27 billion dollars expected by the market. The results above expectations push the titles in after hours trading, where do you gain more than 8%.
"We had a good start of the year," says the CEO of Facebook, Mark Zuckerberg, noting that the focus is not on "what Facebook is today, but on what can be and what needs to be for the community. " The social network has closed the first quarter with a net profit doubled to 1.51 billion dollars, compared with 512 million the same period last year. Revenues were up 52%, driven primarily by advertising on mobile devices. Revenues from mobile advertising have represented 82% of the first quarter advertising revenue. According to estimates of the company eMarketer, Facebook will win 12% of the global market from 186.81 billion dollars of digital advertising, an increase compared to 10.7% in 2015.
