He said the government was making efforts to streamline the system in all the sectors including Railways to cut losses
of billions of rupees.
Zynga surged 13 percent after the Internet gaming company reported it had cut losses
in the third quarter.
Citizens says the plan could lower the last-resort insurer's potential exposure by $16 billion and cut losses
by $439 million in the event of a once-in-a-century storm.
But EasyJet's shares were up almost 6 per cent or 67p to 1197p, as it took advantage of Britons fleeing the winter deep freeze and rivals' retreat to cut losses
by 46 per cent to PS61million during the six months to the end of March.
Villa's chief financial officer Robin Russell said: "By managing costs effectively, the club cut losses
by more than half during a period which continued to be challenging economically.
Some investors also placed orders to cut losses
, accelerating the currency's fall," said Masafumi Yamamoto, chief foreign exchange strategist at Barclays Bank, Japan.
stocks cut losses
late in Wednesday's trading session, with two key indexes barely squeaking into positive territory on the strength of surging commodities prices and the shares of companies that produce them.
Net Payne, chief marketing officer for March Networks, said, 'Our Searchlight software applications help banks sift quickly through vast amounts of video and transaction data to find the exact information they need to combat fraud and cut losses
It may be mentioned, in April 2010, the Pakistan Electric Power Company (PEPCO) Director General Muhammad Khalid had urged the government to observe two public holidays in a week to mitigate power outages and cut losses
being incurred by the country's industrial sector.
China remains a difficult area for the group as sales fell, though the company cut losses
from pounds 11m to pounds 7m.
Its restructuring efforts, which have included the closure of loss-making stores, helped cut losses
to pounds 5.
73 million of debt, said its 2010 net loss narrowed as the Kuwait-based company cut losses
in investment banking, and brokerage and interest payments declined.