The newly inaugurated “Media Bay” complex in Kirchberg, now home to RTL Group, is pictured on 19 April 2017. The European Investment Bank is expected to occupy 14,000 square meters of office space in the complex in 2018.
Photo: Anthony Dehez
Delano presents the latest business news headlines from our French-language sister site, Paperjam:
ArcelorMittal has regained its financial form. The steelmakerposted net income of $1bn on Ebitda (operating income) of $2.2bn during the first quarter of 2017. That is a rise from net income of $403m and Ebitda of $1.7bn during the fourth quarter last year, and a net loss of -$416m and Ebitda of $927m for the first quarter of 2016.