Mining giant Rio Tinto half-year net profit falls 82%
Mining giant Rio Tinto
Sydney - Arab Today
Mining giant Rio Tinto Thursday reported a 82 percent drop in its first-half net profit as a supply glut and slowing Chinese demand sent iron ore prices plunging.
The Anglo-Australian firm said net profit was $806 million in the six months to June 30 from $4.4 billion in the same period last year.
Its underlying profit, the measure preferred by the company, was down 43 percent to $2.9 billion.
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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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