Showing results for "Vallourec"
markets
Bloomberg Markets Today 09/12/2023Markets Today has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Tom Mackenzie, and Mark Cudmore. Today's guests: Paul Brain, Newton Investment Management Deputy CIO of Multi-Asset; Philippe Guillemot, Vallourec Group Chairman/CEO; Laureline Chatelain, Banque Pictet & Cie SA Strategist: Fixed Income. (Source: Bloomberg)September 12, 2023
markets
Vallourec CEO on Growth and InvestmentFrench steel tube maker Vallourec, which nearly avoided bankruptcy less than 3 years ago, plans to resume paying dividend as early as 2025 as it continues to slash costs with a view to erase its net debt in the next two years. Adding that following the many years of underinvestment in the oil and gas industry - their core consumers are now investing in new capacity. The CEO Philippe Guillemot spoke on Bloomberg Television, ahead of the company’s first Capital Markets Day in 10 years, taking place on Tuesday in London. (Source: Bloomberg)September 12, 2023
business
Deluge Exposes Vale’s Lingering Waste Risk Even as Mines RestartVale SA’s giant iron ore mines are bouncing back quickly from several days of heavy rain in southern Brazil, with annual output guidance intact. But the deluge has brought back into focus a far greater risk for the world’s No. 2 producer: tailings dams.January 19, 2022