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.
SEOUL-Samsung Electronics Co. said it is seeking to stop the sale of Apple Inc.'s new iPhone 4S in Japan and Australia, further ramping up a legal clash with the U.S. company after a series of setbacks in courts around the world in recent days.
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.
Fitch Ratings downgraded UBS AG (UBS.N) on Thursday and placed seven other U.S. and European banks on credit watch negative, citing challenges in the economy and financial markets, as well as the impact of new regulations.
Dow Jones & Co. Wednesday faced fresh scrutiny over an alleged deal to boost the reported circulation numbers of The Wall Street Journal Europe, in which the paper sold bulk copies to a consulting firm and simultaneously directed money to the firm for separate services.