BHP Billiton Reports $6.4bn Loss for 2015-2016 Fiscal Year
BHP Billiton reports a record loss for the past year
Melbourne - QNA
The world's top iron ore producer BHP Billiton on Tuesday posted a $6.4 billion loss for 2015-16, the first full-year statutory loss in the history of the Anglo-Australian company.
The results were due to a 31% fall in revenue to 30.1 billion, as well as a multibillion-dollar writedown in the value of some of its assets, the company said.
Last year's result saw the company make a profit of 1.9 billion. Its best annual result was profits of $23.6 billion in 2010-11. CEO of the company said that over the long-term, he remains objective over commodity prices, especially oil and Copper.
- Wednesday ,04 May GMT 08:51 2016 BHP Billiton facing further multi-billion dollar fine for Brazilian dam collapse
GMT 09:14 2017 Tuesday ,11 April
Mining giant BHP rejects radical restructure proposalGMT 05:41 2017 Wednesday ,22 February
BHP to Trump: Protectionism will hurt growthGMT 21:20 2017 Thursday ,19 January
BHP to pay one billion dollars in Brazilian Civil claimGMT 08:51 2016 Wednesday ,04 May
BHP Billiton facing further multi-billion dollar fine for Brazilian dam collapse
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
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
GMT 10:00 2017 Tuesday ,07 February
Honored Goodell hands Brady MVP trophy
GMT 23:55 2018 Wednesday ,10 January
Deputy PM honours student
GMT 00:46 2018 Tuesday ,09 January
Macron calls for Europe-China alliance
GMT 11:17 2017 Sunday ,09 April
FUS Rabat’s goalkeeper is optimistic of future
GMT 19:23 2017 Wednesday ,26 April
Kurdish forces call for no-fly zone in northern Syria
GMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buying
GMT 01:54 2018 Tuesday ,09 January
Lakers snap 9-game skid with win over Hawks
GMT 04:15 2017 Wednesday ,20 December
2017: The year the bitcoin craze reached Wall Street
GMT 02:21 2017 Wednesday ,16 August
BMA wants smoking in cars banned
GMT 12:40 2017 Sunday ,12 March
Landslide at Ethiopia garbage dump 'kills at least 24'
GMT 10:08 2017 Friday ,12 May
World's 'oldest person' dies in Indonesia at 146
GMT 00:01 2017 Thursday ,21 September
Philippine leader halts Russia trip, imposes martial law
GMT 13:01 2017 Monday ,13 February
Russia, US "natural allies" in anti-terror cooperation
GMT 10:25 2017 Tuesday ,14 March
Travel made easy: Top 5 leaked CIA tips on how to fly like a spy
GMT 20:58 2015 Wednesday ,21 October
Dubai Design Week to showcase regional talent
GMT 15:40 2017 Thursday ,04 May
Composer Hany Shenouda calls for holding more festivals
GMT 09:46 2017 Thursday ,28 September
Fadl Shaker denies killing Lebanese soldiers
GMT 12:59 2017 Thursday ,23 March
Virat 'great ambassador of game'
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor