VW back in the black with 5.1-bn-euro net profit in 2016
Volkswagen
Wolfsburg - AFP
Volkswagen on Friday announced a net profit of 5.1 billion euros ($5.4 billion) for 2016, roaring back into the black after the dieselgate emissions cheating scandal pushed the German giant to its first loss in two decades in 2015.
Europe's largest carmaker reported record revenues of 217.3 billion euros as car sales hit an all-time high, with further growth expected in 2017.
"Despite the crisis, the group delivered a record performance," chief executive Matthias Mueller said in a statement.
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Moscow - TASS
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London - DPA
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Spain - DPA
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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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