Monthly archives: February, 2016

Glo offers exciting packages for Valentine’s Day

Delhi, February 2016: A chic dress. Check. High heels. Spot on. Gift. Loving wrapped. Well, if your Valentine’s Day checklist is almost there, let GLO take care of the last and the most significant bit. GLO, the revolutionary makeup and hair styling app will give the finishing touches to your V-day look so that you …

ArcelorMittal Europe reports €145m operating profit for 2015

5 February 2016 ArcelorMittal Europe today announced its results for the full year 2015 and the fourth quarter ended 31 December 2015. For the full year 2015, the Europe segment reported an operating profit of €145m. This compares with an operating profit of €549m in 2014, reflecting the impact of lower steel prices on the …

ArcelorMittal sells its 35% stake in Gestamp Automoción for €875m

5 February 2016 – ArcelorMittal today announces it has sold its 35% stake in Gestamp Automoción (“Gestamp”) to the majority shareholder, the Riberas family, for a total cash consideration of €875m. The transaction is unconditional and payment is expected to be made to ArcelorMittal within six months. In addition to the cash consideration, ArcelorMittal will …

Enhanced Data for Better Macro-Policies – Deputy Managing Director Min Zhu, IMF

Opening remarks by the Deputy Managing Director Min Zhu, IMF STA Capacity Development Conference for Africa Accra, Ghana February 2, 2016 Honorable Ministers, Governors, Directors of National Statistical Agencies, and Distinguished Guests: I want to begin my opening remarks with a quote by former British Prime Minister Sir Winston Churchill who once stated: “The utmost …

ArcelorMittal reports fourth quarter 2015 and full year 2015 results

Luxembourg, February 5, 2016 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[i] for the three and twelve month periods ended December 31, 2015. Highlights: Health and safety performance improved in FY 2015 with annual LTIF …

UK IN KOLKATA-CELEBRATING PARTNERSHIP 7-13 FEBRUARY

  The UK is organising a series of events to strengthen the cultural and business partnership with Kolkata. Titled ‘UK in Kolkata – Celebrating Partnership,’ the campaign will run from 7-13 February with a number of events to showcase modern UK and take forward the vibrant Kolkata-UK partnership especially in the areas of science and …

ArcelorMittal reduces net debt by US$4 billion

US$3.0 billion capital raise US$1.0 billion from sale of Gestamp Pro forma net debt below US$12 billion Luxembourg, 5 February, 2016 – ArcelorMittal (the “Company”) today announces a proposed[1] capital raise of US$3.0[2] billion which, alongside the sale of its minority stake in Gestamp for approximately US$1 billion also announced today, would reduce pro forma …

London Conference on Supporting Syria and the Region – Remarks by IMF Deputy Managing Director, Mr. Mitsuhiro Furusawa

Remarks by IMF Deputy Managing Director, Mr. Mitsuhiro Furusawa London Conference on Supporting Syria and the Region London, February 4, 2016 As Prepared for Delivery Thank you for the opportunity to be with all of you today at this important conference. This event comes at a critical time for the MENA region, where many countries …

2016 PRE-BASELWORLD NOVELTY : THE “FULL BLACK” ALPINER 4 MANUFACTURE FLYBACK CHRONOGRAPH

With the launch of its first in-house Manufacture Flyback Chronograph at Baselworld 2015, Alpina celebrated an important première in its 132 years history. With its AL-760 patented “Direct Flyback Technology” automatic flyback caliber, Alpina not only introduced its first in-house chronograph caliber, but also innovated and ingeniously simplified the flyback and return to zero mechanism. …