Anglo American accelerates restructuring as commodities price slide
Global mining giant Anglo
London - Arab Today
Global mining giant Anglo American on Tuesday announced a "radical" restructuring of its company, writing off billions of dollars in the process, as commodity prices crash on world markets.
"While we have continued to deliver our business restructuring and performance objectives across the board, the severity of commodity price deterioration requires bolder action," chief executive Mark Cutifani said in a statement, alongside news of impairments totalling between $3.7 billion and $4.7 billion (3.4 billion euros and 4.3 billion euros).
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 19:04 2016 Wednesday ,25 May
Snurk Beddengoed
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 17:45 2015 Saturday ,05 September
Sisi hails Indonesia's stances supportive of Egyptian people
GMT 21:14 2018 Sunday ,14 January
The 2015 Iran nuclear deal
GMT 12:31 2015 Sunday ,18 January
INU, the smart, high-end electric scooter
GMT 13:27 2016 Thursday ,29 December
Saudi Arabia and Yemen discuss electricity networks between the two countries
GMT 12:44 2017 Monday ,20 February
Kind-hearted Abu Dhabi residents find a new home for wandering donkey ‘Shrek’
GMT 12:11 2013 Sunday ,01 December
Sweet & fruity Yorkshire
GMT 14:34 2011 Thursday ,22 September
Skoda Laura vRS: First Drive
GMT 13:11 2016 Friday ,30 September
Giant dinosaur footprint discovered in Mongolia desertGMT 17:50 2012 Saturday ,07 July
Pioneer bishop dies at 92
GMT 10:46 2017 Tuesday ,31 October
RAK Ruler orders salary increase for local staff of Ras al-Khaimah
GMT 13:02 2014 Friday ,06 June
Education is key to building a nation
GMT 14:12 2016 Monday ,26 September
World's largest radio telescope starts operating in China
GMT 21:00 2017 Wednesday ,18 October
Bethlehem Museum Celebrate Palestinian Heritage Day
GMT 11:07 2015 Friday ,25 September
Singapore criticises Indonesia over haze response
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