Lonmin likely to cut 6000 jobs in South Africa
South Africa produces 70% of the world's platinum
Johannesburg - Arab Today
Lonmin, the world's third largest platinum producer, is set to cut 6,000 jobs in South Africa due to falling prices and high production costs, the company said in a statement Friday.
"A total of 6,000 employees including contractors are likely to be affected by (shaft) closures," Lonmin said. "It is our intention to achieve this outcome in partnership with our employees, unions and other relevant stakeholders."
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With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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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
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