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...Italy should emulate France and German by funding the green transition of ArcelorMittal’s ailing plant to prevent the closure of the country’s largest steelworks and a domino effect on the economy, the chief...
...A deal would also follow ArcelorMittal’s joint venture with Nippon Steel in India when it signed a five-year LNG agreement with France’s TotalEnergies in 2021....
...In Germany, Thyssenkrupp has secured €2bn, while ArcelorMittal will get a package worth as much as €850mn in France. This may make sense in some locations, but not everywhere....
...interest rate announcement Japan: December trade balance figures (AM local time) UK: Royal Institute of Chartered Surveyors House Price Survey Results: Anglo American Q4 production report, Allstate Q4, ArcelorMittal...
...Then you add another handicap,” says Laurent Plasman, chief marketing officer at ArcelorMittal Europe....
...Europe’s region-wide Stoxx 600 lost 0.6 per cent in the opening hour of trade while France’s Cac 40 fell 0.4 per cent and London’s FTSE 100 was down 0.4 per cent....
...The €5bn-plus investments, which will be jointly funded with member states, involve moving from carbon-intensive blast furnace steelmaking to electric arc furnaces in Spain, Belgium, Germany and France....
...Economic data: S&P Global services PMI data is released for the eurozone, France, Germany, Italy, Spain and the UK, while the European Central Bank’s Governing Council is due to make a May rate announcement...
...Galactic Holdings Q3 Thursday China: November CPI and producer price index (PPI) inflation rate data EU: European Central Bank Economic Bulletin UK: Rics House Price Balance Results: 3i Group H1, ArcelorMittal...
...In London, Glencore dropped 1.7 per cent and Rio Tinto shed 1.6 per cent, while ArcelorMittal fell 1.4 per cent in Amsterdam....
...UniCredit H1, Union Pacific Q2 Thursday EU: European Central Bank interest rate announcement Germany: GfK consumer climate survey US: Q2 GDP and consumer spending figures Results: Anglo American H1, ArcelorMittal...
...Spain, UK: S&P Global services PMI data EU, European Central Bank’s Governing Council makes May rate announcement Results: Adecco Q1, AIB Q1 trading update and AGM, Anheuser-Busch InBev Q1, Apple Q2, ArcelorMittal...
...The Luxembourg-based company has so far invested $5.6bn in four such projects, in Spain, Belgium, Canada and France....
...GFG acquired the sites and a facility in Dudelange, Luxembourg, from ArcelorMittal in 2018....
...consumer price index (CPI) inflation rate data Norway, $1.3tn sovereign wealth fund annual report on responsible investing UK, RICS January house price data US, unemployment claims Results: Aegon Q4, ArcelorMittal...
...ArcelorMittal, Europe’s largest steelmaker, has announced $5.6bn of investments at plants in Spain, Canada, Belgium and France over the past year in projects aimed at decarbonising steel production....
...France is to publish consumer confidence figures. UK: The 22nd Commonwealth Games begins in Birmingham....
...Results: Adecco, Air France-KLM, AB InBev, ArcelorMittal, Axa, BMW, Henkel, Lufthansa, Next, Société Générale, Telecom Italia and Virgin Money will also publish updates....
...A whistleblower told the FT that “we know the end investor is in France. The BVI is a smokescreen.”...
...Brazil, October IPCA inflation rate data Japan, October PPI inflation rate data Philippines, Q3 GDP figures UK, RICS house price survey US, October CPI inflation rate data Results: 3i H1, Allianz Q3, ArcelorMittal...
...Italy’s Leonardo, France’s Thales and the UK’s Qinetiq have all risen sharply as western nations offer weaponry to the Ukrainians....
...GFG acquired the two sites at Flemalle and Tilleur, which together employ a total of about 650 people near Liège, and a facility in Dudelange, Luxembourg from ArcelorMittal in 2018....
...ArcelorMittal: The world’s largest producer of steel publishes its fourth-quarter results....
...quarterly company incorporation data plus British Film Institute breakdown of the number and spend of UK produced films in Q2 US, Q2 GDP (advanced estimate) Results: Amazon Q2, Anglo American H1, Apple Q3, ArcelorMittal...
...As European businesses brace for energy shortages, workers at one plant in south-eastern France are getting a new winter wardrobe....
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