Toyota says profit to tumble 35% on forex, emerging market slowdown
Tokyo
Tokyo - Arab Today
Toyota on Wednesday warned that its net profit in the current fiscal year would fall by about one-third as a strengthening yen and slowdown in China and other emerging markets dent its bottom line.
The world's biggest automaker said its new forecast for the year to March 2017 does not include the impact of plant shutdowns linked to Japan's deadly earthquakes last month.
The announcement came as Toyota reported a record profit of 2.31 trillion yen ($21 billion) in its recently ended business year.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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US actress Kate Hudson has third child named Rani Rose Hudson
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