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YOKOHAMA:The fires tearing through the Amazon represent a tipping point for the health of the rainforest, the head of a top global forestry management body said on Wednesday, urging the world to do more to save the trees.The situation in the Amazon is very urgent, stressed Gerhard Dieterle, executive director of the International Tropical Timber Organisation, an intergovernmen
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LAHORE/KARACHI:International Steels Limited s (ISL) profit dropped 16% to Rs841 million in the first quarter of the current financial year 2018-19 compared with earnings of Rs1 billion in the same period of previous year.Earnings per share (EPS) dropped to Rs1.93 in the Jul-Sept 2018 quarter as compared to Rs2.31 in the corresponding period of last year, which was lower than market expectations.Steel units in capital contributing to air pollutionAccording to a research report of Taurus Securities, net sales revenue increased 5% mainly due to the rise in average selling price. However, gross profit fell 8% for the period as cost o
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