Chinese carmaker profit dives on weak auto sales
Beijing - Arabstoday
BYD, a Chinese carmaker backed by US billionaire Warren Buffett, said on Monday that first-half net profit fell 88.63 per cent from a year earlier on weak auto sales. The company, which also makes and sells batteries and cellphone components, reported a net profit of 275.36 million yuan ($154.14 million) for the first six months compared to 2.42 billion yuan a year earlier. The profit was slightly above an average forecast of 267 million yuan from three analysts polled by Reuters. In July, Chinese carmaker, 10 per cent owned by Buffett's Berkshire Hathaway Inc, forecast first-half net profit to come in between 121.06 million yuan and 363.18 million yuan.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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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
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