Alcoa earnings jump on efficiency gains
New York - AFP
US aluminum giant Alcoa Monday reported a 59 percent rise in year-over-year earnings, pointing to strong efficiency gains and a slightly tighter supply market. Alcoa, the first major US company to report first quarter earnings, said profits came in at $149 million, up from $94 million in the same period last year. However, sequential profits were down from $242 million in the prior quarter. Alcoa said the results were bolstered by $247 million in year-over-year productivity gains, due to process improvements and procurement savings. Alcoa sees an "essentially balanced" alumina and aluminum markets. "However the company sees a slightly tighter market as supply contracts," Alcoa said.
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Bucharest - SANA
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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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