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April 21, 2006
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Friday
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Rabi-ul-Awwal 22, 1427
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GM losses cut
DETROIT, April 20: General Motors limited some of its cash haemorrhaging with its first-quarter earnings report on Thursday, reporting a narrower loss on a 14 per cent jump in revenues.
GM’s loss shrank to 323 million dollars, or 57 cents per share, from 1.3 billion in the same period a year ago.—AFP
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