News Headlines - 13 July 2012

▽G4S to lose up to ￡50m on Olympics security shambles | Metro.co.uk

Private security company G4S has revealed it stands to lose up to ￡50million on its contract to supply security staff for the London Olympics.

▽JPMorgan’s ‘whale’ loss swells to $5.8bn - FT.com

JPMorgan Chase has revealed that losses from the trading fiasco in its London office have swollen to $5.8bn and has restated its first-quarter earnings, opening up fresh questions over disclosures to investors.

▽World outrage at Syria massacre, but no action | Reuters

The United States has branded Syria's leaders murderers after an attack on a village by President Bashar al-Assad's troops left dozens dead, but there was no break in the deadlock among world powers over how to bring about an end to the bloodshed.

▽Record rainfall in Japan leaves 20 dead and more missing in floods and landslides | Mail Online

It's a race against time for rescuers as they desperately search for people buried after heavy rain caused mudslides that have already claimed 20 lives in south western Japan. The torrential rain continued to fall as police, firefighters and troops dug through mud and rubble with shovels after ‘unprecedented’ downpours swamped whole neighbourhoods yesterday.

▽More floods on the way for UK's washout summer | guardian.co.uk

Warnings of yet more flooding have been issued, as some areas face downpours that could see almost a month's rain falling in just a few hours.