Russia's flagship air carrier Aeroflot [RTS: AFLT] posted Monday a 1.2 billion rubles ($45 million) net loss, calculated to Russian Accounting Standards (RAS) for the first three months of the year, against 399 million ($15 mln) in net profit in January-March 2006.

CBI Director-General Richard Lambert today (Monday) launched a new Tax Task Force to examine whether the UK's corporate tax regime is still fit for purpose and to make recommendations for future policy.

Blockbuster Inc. (NYSE: BBI)(NYSE: BBI.B) today reported financial results for the first quarter ended April 1, 2007. Total Blockbuster revenues increased 5.4% to $1.47 billion for the first quarter of 2007 from $1.40 billion for the first quarter of 2006. For the first quarter of 2007, net loss was $46.4 million, or $0.26 per common share, as compared with net loss of $1.9 million, or $0.03 per common share, for the first quarter of 2006.

Advanced Micro Devices, Inc. today announced the closing of its offering of $2.2 billion aggregate principal amount of 6.00% Convertible Senior Notes due 2015, including $200 million of notes that were issued in connection with the exercise in full of the initial purchasers' over-allotment option.