RWE Reports First Loss in 60 Years

March 4 (Bloomberg) –- Bloomberg’s Manus Cranny reports on Germany’s largest power generator posting a loss for the first time in 60 years after a slump in electricity prices forced billions of euros in writedowns. He speaks to Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)
Rusal forecasts a 1 million Ton Deficit of Aluminum
03:44 - Bloomberg - United Co. Rusal wants to be the most profitable maker of aluminum, not just the biggest. Rusal, the No. 1 producer since it was created in 2007 with the merger of the assets of billionaire Oleg Deripaska, Sual Holding and Glencore Ltd., more than doubled its earnings before interest, taxes, depreciation and amortization to $1.5 billion last year, partly by closing operations with the lowest returns.
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