The Luxembourg-based company said its EBITDA increased by 34.6 percent at $1.96 billion, higher than the company's forecast of $1.81 billion. Sales in the first quarter were 11.9 percent higher at $16.3 billion compared to $14.6 billion in 4Q2023, reflecting higher average steel selling prices
Altria Group Plans to Sell Part of Anheuser-Busch Stake Altria Group plans to sell 18%, or over $2 billion worth, of its large stake in Anheuser-Busch InBev in a secondary offering as it looks.
Brent futures were down 70 cents at $80.48 a barrel by 1250 GMT. U.S. West Texas Intermediate crude (WTI) shed 65 cents to $76.01. Both benchmarks fell more than 1.5% in the previous session.