Russia ordered to pay Yukos shareholders $50 billion Russia ordered to pay Yukos shareholders $50 billion The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London
28 July 2014 15:30
Bose sues Beats over headphone patents Bose sues Beats over headphone patents Audio technology veteran Bose Corporation sued Beats Electronics over patented technology for canceling noise in earphones.
26 July 2014 12:54
US food firm sorry over China 'bad meat' scandal US food firm sorry over China 'bad meat' scandal The US food supplier at the centre of an expired meat scandal in China has apologised, as KFC and Pizza Hut's parent company said it would stop using the firm's products in the key Chinese market.
25 July 2014 10:04
High-flying hopes of nonexistent planes in Kazakhstan High-flying hopes of nonexistent planes in Kazakhstan The first aircraft plant in Kazakhstan has not produced a single flying plane. Why?
24 July 2014 17:18
Kazakhstan and Russia discuss extending sales contract for Karachaganak gas Kazakhstan and Russia discuss extending sales contract for Karachaganak gas Since 2002 Gazprom of Russia and KazMunaiGas National Oil Company have been cooperating within a JV KazRosGas to sell gas from Karachaganak field, send it to Russia’s Orenburg-based gas treatment facility to be further sold to consumers both in Kazakhstan and Russia.
24 July 2014 13:07
Canadian aviation giant Bombardier to cut 1,800 jobs Canadian aviation giant Bombardier to cut 1,800 jobs Canada's Bombardier will cut 1,800 jobs, the troubled aviation giant announced Wednesday in a major reorganization.
24 July 2014 11:27
Air Astana conducts first flight to Ukraine since MH17 crash Air Astana conducts first flight to Ukraine since MH17 crash Air Astana has made its first flight to Kiev since the crash of Malaysia Airlines Boeing 777 over Donetsk region in Ukraine.
22 July 2014 20:36
Russian steelmaker Severstal announces sale of US plants Russian steelmaker Severstal announces sale of US plants Russia's steel giant Severstal announced on Monday the sale of its North American plants to US companies for a total of $2.3 billion (1.7 billion euros).
22 July 2014 09:02
FedEx indicted for shipping illegal online pharmacy meds FedEx indicted for shipping illegal online pharmacy meds The US Justice Department announced that package-delivery giant FedEx has been indicted for allegedly facilitating the distribution of controlled substances and prescription drugs sold by illegal online pharmacies.
19 July 2014 10:18
Air Astana changes routes to avoid crossing Ukrainian air space Air Astana changes routes to avoid crossing Ukrainian air space Kazakhstani airlines company Air Astana will change the routes of some of its flights away from Ukrainian airspace.
19 July 2014 00:15
Government slaps $579 million penalty on India's Reliance Government slaps $579 million penalty on India's Reliance The Indian government has announced a new penalty of $579 million on the country's largest private company, Reliance Industries, for failing to meet commitments to supply gas for the fourth year in a row.
16 July 2014 10:45
Samsung finds 'evidence' of child labour at China plant Samsung finds 'evidence' of child labour at China plant Samsung said Monday it had temporarily suspended business with one of its suppliers in China after finding "evidence" of possible illegal child labour at the plant.
15 July 2014 10:22
Kashagan to be developed by consolidated company Kashagan to be developed by consolidated company Kashagan will be developed by a consolidated joint venture company.
14 July 2014 15:08
Softbank in deal to merge Sprint, T-Mobile: report Softbank in deal to merge Sprint, T-Mobile: report Japan's SoftBank and Deutsche Telekom of Germany have reached a basic agreement for a merger between their US affiliates Sprint and T-Mobile US, the business daily Nikkei reported.
12 July 2014 13:44
Ride-share operator Lyft's New York launch hit snag Ride-share operator Lyft's New York launch hit snag Ride-share operator Lyft was forced to postpone its planned launch in New York after a court intervened over demands that it satisfy local safety and licensing requirements.
12 July 2014 12:11
Japan shipping giant plans first regular Arctic route Japan shipping giant plans first regular Arctic route Japan's Mitsui O.S.K. Lines announced plans for the world's first regular commercial shipping route through the Arctic Ocean, starting in 2018, in an attempt to reduce sailing times.
09 July 2014 22:54
Chinese court rules against Apple in patent case Chinese court rules against Apple in patent case US technology giant Apple has lost a lawsuit against a Chinese state regulator over patent rights to voice recognition software such as the iPhone's "Siri", a Beijing court said.
09 July 2014 19:51
4 Kazakh companies to float in People's IPO 4 Kazakh companies to float in People's IPO Four big Kazakhstani companies will offer their shares during the People's IPO.
09 July 2014 13:29
New Air Kazakhstan airplanes presented in Astana New Air Kazakhstan airplanes presented in Astana Bombardier Aerospace has presented a Q400 NextGen airplane in Astana. Kazakhstan is planning to purchase several of those for its new airlines.
08 July 2014 15:56

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