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Mining giant BHP slumps to record loss

2016-08-16 10:08:46| BBC News | Business | UK Edition

Mining giant BHP Billiton reports a record loss for the past year following a mining disaster in Brazil and a slump in commodity prices.

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Ralph Lauren swings to Q1 loss on lower sales

2016-08-11 12:35:00| Daily apparel & textile news and comment - from just-style.com

Ralph Lauren has swung to a loss in its first-quarter on lower sales and expenses related to its turnaround, but results beat management expectations and the company reaffirmed its full-year outlook. 

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Polar bears biggest threat is ice loss

2016-08-11 05:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Earth Sky: Prior to the 1970s, hunting decimated polar bear populations across the Arctic. The international community has made strides in protecting the iconic species from over-harvesting through conservation agreements, which have helped the species start to recover. However, a review paper published in Polar Research in July, 2016 suggests that the road to recovery is far from over, as ice loss now replaces poaching as the most pressing threat to polar bear survival in the Barents Sea area, north of Norway...

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Landslides, zika and beach loss Rio de Janeiro prepares for climate change

2016-08-07 06:48:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Change News: The day of the 2016 Olympic opening ceremony in Rio de Janeiro, Brazil, the mood is jittery. In the teeth of a recession and political crisis, the carnival city faces protests and health fears over the zika virus outbreak and polluted water. It wont stop half a million people showing up for two weeks of world class sporting drama. Meanwhile, as part of a drive to get cities involved in climate action, Rio has filed a report on the threats posed by global warming. Disclosed under the CDP cities...

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MTN Group posts H1 loss, organic revenue up 1.5%

2016-08-05 10:38:00| Telecompaper Headlines

(Telecompaper) MTN Group has reported a 14 percent increase in revenue to ZAR 78.88 billion for the first half of 2016 from ZAR 69.21 billion in the same period in 2015. This was positively affected by exchange rate movements and data services growth; excluding forex effects, revenue rose 1.5 percent. The number of subscribers was flat at 232.6 million on 30 June compared with 31 December 2015. EBITDA decreased 38.4 percent to ZAR 18.88 billion, hurt by the Nigerian regulatory fine (ZAR 10.499 billion). The net loss totaled ZAR 5.5 billion versus a profit of ZAR 11.9 billion a year ago.

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