Toyota says annual profit accelerates to record $18.1bn
Toyota
Tokyo - Arab Today
Toyota said Friday its annual profit accelerated 19 percent to a record $18.1 billion as the world's biggest automaker capitalised on a weak yen and strong demand in the North American market, despite being sideswiped by a series of recalls.
The maker of the Corolla and Prius hybrid beat its earlier forecasts with the 2.17 trillion yen net profit in the fiscal year to March, driving past earnings of 1.82 trillion yen a year ago.
Revenues rose six percent to 27.23 trillion yen, while the Japanese giant predicted it would book an even bigger 2.25 trillion yen net profit in the current fiscal year.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
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" opened 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 his
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