Bulgarian posts are obliged to deliver letters and parcels to the end of 2002 in the country. This foresees the Post Services Law, approved by the MPs on July 19 2000. For this kind of service, the company will receive funds from the budget in order to cover the deficit. According to the law the post services will be executed by companies with registration in the Ministry of Transport and Communications. 
Source:Standard

The Deputy Prime Minister Mr. Petar Zhotev stated that the Government has the rights to conclude a fair deal for BTC with the consortium KPN-OTE. This was announced after the  negotiations with the buyers. According to the Deputy Prime Minister a considerable progress was achieved at those negotiations in the open questions between the two sides. Mr. Zhotev, however, refused to point out the disputable questions. On July 19 2000  the 9th trafts and a package of documents with questions were sent to KPN-OTE.  Mr. Zhotev made it clear that the deadline for the ending of the negotiations is July 31 and will not be changed. The Deputy Prime Minister is determined the deal must be concluded soon, but not at all rates.
Source:Standard

USA
Intel Corp. on Tuesday reported a second-quarter operating profit that was slightly ahead of Wall Street's expectations, as strong PC and server demand and better-than-expected manufacturing performance led to a 23 percent increase in sales. And executives at the world's largest semiconductor supplier said they see demand continuing through the remainder of the year. Excluding acquisition- related costs, Intel reported net income of $3.5 billion, or 50 cents per share. That's up 98 percent from last year's second quarter, and up 16 percent from the company's first-quarter results. Second-quarter revenue rose 23 percent to $8.3 billion from the same period last year.
Meanwhile computer hardware, software, and services giant IBM also reported second-quarter net income that was slightly ahead of analyst estimates, even though its revenue slipped again. The Armonk, N.Y.-based company reported after the market closed Wednesday that its second-quarter net income declined to $1.94 billion, or $1.06 per share, from $2.39 billion, or $1.28 per share, in the same period last year. Without a one-time gain associated with the sale of IBM's Global Network business to AT&T, the 1999 results would have been 91 cents per share. Analysts had expected the company to earn $1.00 per share, according to First Call. Revenue declined 1 percent to $21.7 billion from $21.9 billion.
Source: CNNfn