TransAlta posts loss on pension funding
April 23 (Reuters) - Canadian power generation company TransAlta Corp reported a first-quarter loss, hurt in part by a one-time charge related to pension funding obligations.
The company posted a loss of C$11 million, or 4 Canadian cents per share, in the first quarter, compared with a profit of C$88 million, or 39 Canadian cents per share, a year earlier.
Revenue fell 16 percent to C$540 million (about $526 million).
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.