Nissan annual profit soars to $4.2bn on weak yen, new models
Nissan
Tokyo - Arab Today
Nissan on Wednesday said its fiscal-year net profit soared 17.6 percent to $4.2 billion, crediting a weak yen and new model rollouts for buoyant results that drove past its own earlier forecasts.
Japan's number-two automaker reported a 457.6 billion yen profit in the year to March -- it had been expecting earnings of 420 billion yen -- on sales of 11.38 trillion yen, up 8.5 percent.
The company projected an even stronger 485.0 billion yen profit this business year.
Also Wednesday, however, Nissan and Toyota separately announced a huge recall tied to an exploding air bag crisis, with Nissan calling back 1.56 million vehicles while its rival recalled five million vehicles globally.
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Buenos Aires - AFP
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
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 onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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 hisGMT 09:22 2018 Monday ,22 January
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