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.
GMT 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
- Wednesday ,04 May GMT 08:51 2016 BHP Billiton facing further multi-billion dollar fine for Brazilian dam collapse
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 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al MandebGMT 18:42 2012 Tuesday ,22 May
Cheesy quiche
GMT 09:48 2017 Wednesday ,08 March
British and Irish Lions battles spice up Six Nations
GMT 13:07 2017 Tuesday ,21 March
Hassabo Affirms Importance of Support to Justice Values
GMT 18:45 2015 Tuesday ,15 September
Jamaican on Booker Prize shortlist for Marley-inspired novel
GMT 00:32 2017 Friday ,16 June
Cut a third of your food
GMT 22:42 2016 Thursday ,03 November
Israel to construct 181 settler units in Al Quds
GMT 07:17 2017 Thursday ,02 November
HM King congratulates Micronesian president
GMT 15:32 2017 Monday ,20 March
In creating rock, Chuck Berry faced daunting racial barrier
GMT 09:55 2017 Tuesday ,26 December
Progressing Bahraini-Omani relations praised
GMT 18:55 2017 Sunday ,26 November
Boston streak ends, Westbrook shines as Thunder rollGMT 20:15 2012 Thursday ,17 May
Casey Stoner to quit at end of season
GMT 17:43 2016 Monday ,07 November
Saudi stocks gain 11.8% since global bond issueGMT 03:09 2012 Sunday ,12 February
Vanessa Hudgens wearing Fur
GMT 04:08 2017 Sunday ,18 June
Expo 2020 will catalyse Dubai's infrastructural change
GMT 05:41 2017 Wednesday ,22 February
BHP to Trump: Protectionism will hurt growth
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