Mexican oil company Pemex reports the second quarter loss of $5.2bn
Mexican oil company Pemex
Mexico City - Arab Today
State-owned Mexican oil company Pemex reported Tuesday losses of $5.2 billion in the second quarter due mainly to lower petroleum prices.
It said prices of Mexican crude were 44 percent lower than in the same period a year ago.
In the first quarter of 2015, Pemex lost $6.5 billion.
The new losses -- 84.6 billion pesos in local currency -- far surpass those of the second quarter of 2014, which came in 52.3 billion pesos.
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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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