Toyota's operating profit for the October-to-December period dropped 39.3% from a year earlier to 438.5 billion yen (3.9 billion dollars) due to the rising yen and weak sales in North America, the company said on Monday.
Japan's largest carmaker also posted a net profit of 486.5 billion yen for the fiscal third quarter, down 22.5% from the same period inRead more
With the small exception of its strip of Mediterranean coastline, the whole of Egypt has an arid desert climate. Throughout Egypt, days are commonly warm or hot, and nights are cool. Egypt has only two seasons: a mild winter from November to April and a hot summer from May to October. Egypt receives fewer than eighty millimeters of precipitation annuallyRead more
Myanmar's new president Htin Kyaw has been sworn in, the first elected civilian leader in more than 50 years.
Htin Kyaw from the National League for Democracy (NLD) takes over from Thein Sein, who introduced wide-ranging reforms during his five years in power.
The handover completes the transition that began after the NLD won a landslide win in elections inRead more
New York, March 12 (QNA) - US stocks closed sharply higher Friday as oil prices rose and investors took a more positive view of Thursday's European Central Bank announcements on stimulus.
The major US averages rallied more than 1 percent to swing into positive territory for the week, their fourth-straight week of gains since November. The Dow Jones Industrial Average roseRead more