Brazil's scandal-hit Petrobras announces 2014 losses of $7.2bn
Brazil's scandal-hit state oil giant Petrobras lost $7.2bn last year
Rio de Janeiro - Arab Today
Brazil's scandal-hit state oil giant Petrobras lost $7.2 billion last year, it said Wednesday, releasing its first audited account of the damage from a massive kickbacks scheme.
The corruption scandal, in which Petrobras executives allegedly colluded with construction companies to massively inflate contracts and bribe politicians, has badly hurt Brazil's largest company and President Dilma Rousseff's government.
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Moscow - TASS
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London - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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