ArcelorMittal reports $709 mn loss in Q3
World's largest steel maker ArecelorMittal today reported net loss of USD 709 million for the third quarter, impacted by slowdown in China.
It had posted USD 659 million profit during the third quart
Air India seen posting pretax loss of Rs70 bln in FY11
Ailing state carrier Air India (AI) is estimated to report a loss before tax of Rs69.94 billion for FY11, the civil aviation minister said on Wednesday.
"The turnaround plan submitted by Air India en
BA losses widen on strike action, ash cloud
London, July 30: British Airways on Friday said net losses widened to 122 million pounds during its first quarter as strike action and the Icelandic ash cloud grounded flights, but insisted it was set