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-   -   UPDATE 2-Brazil?s Vale reports worst loss in 20 years on commodity slump (https://hameed.nwar.uk/vb/showthread.php?t=1721628)

ahlam1399 02-25-2016 06:21 PM

UPDATE 2-Brazil?s Vale reports worst loss in 20 years on commodity slump
 
UPDATE 2-Brazil?s Vale reports worst loss in 20 years on commodity slump
RIO DE JANEIRO, Feb 25 (Reuters) - Brazilian miner Vale SA reported a fourth-quarter net loss of $8.57 billion, its worst ever as a private company, as weak commodity prices and hefty writedowns heaped further pressure on the world's largest producer of iron ore.


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