Tuesday 30 June 2015
 
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Sony, Panasonic cling to TVs despite losses

Japan's once-mighty electronics makers have lost billions of dollars from TVs but Sony Corp and Panasonic Corp won't quit, saying retreating from the world's living rooms would close the door to more promising businesses.

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Qalaa Q1 net loss narrows, posts 42.5pc revenue surge

Qalaa Holdings, one of Egypt's largest investment firms, has reported a first-quarter net loss after tax and minority interests of 112.2 million Egyptian pounds ($14.71 million) versus a net loss of 231.9 million pounds in the same period la

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India's Jet Airways trims 2014 net loss

Jet Airways said it made a net loss of 21 billion rupees ($329 million) in the year ending in March, about half the size of the loss it made last year, after earning more in passenger revenues. For the final quarter of the year, J

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Dubai retail operator posts $2.2m net loss

Marka, a Dubai-based retail operating company, has posted a net loss on Dh8.3 million ($2.28 million) for the three months ending on March 31, not reflecting the recent acquisitions or operational activities. The operational highl

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Royal Jordanian net loss drops 64pc

Royal Jordanian (RJ), the flag carrier of Jordan, has reported a 64 per cent decrease in net loss in the first quarter of the year, to JD8.3 million ($11.6 million) from JD23 million ($32.3 million) incurred in the same period last year.

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Saudi Mobily swings to Q1 net loss

Saudi Arabia's Etihad Etisalat (Mobily), which is under investigation by the bourse regulator for insider trading and share price manipulation, missed forecasts as it swung to a SR199 million ($53 million) net loss in the first quarter.

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Saudi's Tasnee swings to Q1 net loss

Saudi Arabia's National Industrialization Company (Tasnee) said it swung to a first-quarter net loss on Monday that the petrochemical producer blamed on lower sales prices and adverse foreign exchanges hedging contracts at a subsidiary.

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Saudi's Tasnee swings to Q1 net loss

Saudi Arabia's National Industrialization Company (Tasnee) said it swung to a first-quarter net loss on Monday that the petrochemical producer blamed on lower sales prices and adverse foreign exchanges hedging contracts at a subsidiary.

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GE posts $13.6bn loss on finance sale charges

General Electric has reported a $13.6 billion first-quarter loss on charges from its plan to sell most of GE Capital as profits rose in four of seven industrial businesses. The big loss had been expected after GE said a week ago t

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Saudi Kayan swings to Q1 net loss

Saudi Kayan Petrochemical Company swung to a net loss in the first-quarter as prices, production and sales all declined, the company said on Thursday. Saudi Kayan, an affiliate of Saudi Basic Industries Corporation (Sabic) made a

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