Australian shopping centre owner Centro posted a record loss of 2.06 billion dollars (1.78 billion US) Friday as it battles to restructure its huge debt after being badly hit by the global credit crunch.
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Australia’s Centro posts massive 2-billion-dollar lossPosted by UK Economy News
In UK financial news
29Aug 08 Australian shopping centre owner Centro posted a record loss of 2.06 billion dollars (1.78 billion US) Friday as it battles to restructure its huge debt after being badly hit by the global credit crunch.
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