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Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market.

Microsoft posted its first ever loss on Thursday, shedding $492 million in the fourth quarter due to a massive $6.2 billion write-down to reflect the slump in value of its online operations.

US screen actor Sylvester Stallone said Monday there was "no greater pain" than losing a child, and called for an end to speculation about the death of his eldest son Sage last week.

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.

BTA Bank has calculated its losses from December clashes in Zhanaozen.