Olympic security firm expects $77 million loss
British security firm G4S said Friday it expects losses of up to $77 million after the government had to deploy extra troops for the Olympics because the company failed to provide enough guards.
15 July 2012
Visa, MasterCard to pay billions in card-fee suit
Credit card giants Visa and MasterCard agreed Friday to pay more than $6 billion to millions of merchants which had sued them for allegedly fixing card-use fees.
US nuclear plant problem worse than thought: report
US nuclear regulators published an update on California's troubled San Onofre power plant Thursday, sparking an expert warning that the problem is more serious than first thought.
South Korea unexpectedly cuts key interest rate
South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.
Kazakhstan's H1 2012 GDP growth estimated at 5.6%
Kazakhstan national GDP is expected to grow by 7% in 2012, Kazakhstan’s President Nursultan Nazarbayev had stated when speaking at the V Astana Economic Forum May 23.
Landless Cambodians see nothing sweet in EU sugar deal
An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry.
11 July 2012
Share of gold in National Bank’s reserves exceeded 16%
According to the National Bank, the pre-emptive right to purchase all gold produced within Kazakhstan enabled to purchase 5.3 tons of gold, with another 11.8 tons purchased in the H1 2012.
Apple loses British suit over Samsung Galaxy Tab
South Korea's Samsung won a patent battle Monday against US rival Apple, with a British judge ruling that Samsung's Galaxy tablet was not "cool" enough to be confused with Apple's iPad.