Russian businesses, which collectively put in billions of dollars in foreign investment last year, are most likely to offer bribes and kickbacks in commercial deals abroad, according to Transparency International's latest Bribe-Payers Index.
Nov 1 (Reuters) - BTA , Kazakhstan's third-largest bank by assets, posted a loss of around 65 billion tenge ($439 million) in September, driven by higher bad loan provisions, central bank data showed on Tuesday.
Panasonic sees $5.5 billion annual loss, worst in a decade
Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as restructuring costs ballooned, and a soaring yen and weak demand in the United States and Europe eroded income.
LONDON-Record unemployment levels and stubbornly high inflation put the European Central Bank's dilemma into sharp relief Monday, days before the ECB Governing Council meets to set interest rates for the first time under its new president, Mario Draghi.
BTA , Kazakhstan's third-largest bank by assets, on Friday posted a revised net loss of 102.6 billion tenge ($693 million) for the first six months of 2011, citing higher taxes as the reason for the revision.
Germany, France See Declines in Foreign-Investment Flows
LONDON-Foreign companies cut back sharply on new investments in the euro zone's two largest economies in the first six months of 2011, deterred by the currency area's fiscal and banking crises, according to figures released by a United Nations agency Tuesday.
China's trade surplus narrowed for a second straight month in September to $14.5 billion, with both imports and exports lower than expected, reflecting global economic weakness and domestic cooling that will deepen policy quandaries facing Beijing.
KazMunaiGas EP oil output falls on strike, power cuts
ALMATY, Oct 10 (Reuters) - KazMunaiGas Exploration Production said on Monday its crude oil production would fall 8.4 percent below target this year as a result of a long-running labour dispute and emergency power cuts at some of its oilfields.