Toshiba nearing deal on Bulgarian nuclear reactor deal
Toshiba's US unit is nearing a deal estimated at almost $5 billion to build a nuclear reactor in Bulgaria, a report said Thursday, as Japanese firms eye atomic contracts overseas after the Fukushima crisis erased demand at home.
BTA files motion to dismiss fraud lawsuit in US
Kazakhstan’s BTA Bank filed a motion to dismiss the lawsuit filed by its creditors in the United States.
BNP fined $8.9 bn for breaking US sanctions on Iran, Sudan
BNP Paribas pleaded guilty to US criminal charges of violating sanctions on Iran and Sudan for eight years and was fined a record $8.9 billion.
KazPost manager earns 100 times more than village postman: Senator
A huge difference in wages of general and managerial personnel in Kazakh national mail operator KazPost outrages Senator Dzhalmagambetova.
Chevron, Lukoil eyeing new project in Kazakhstan
Chevron, Lukoil and other major companies are eyeing a new Eurasia Project in Kazakhstan, an oil production project in the Caspian Lowland.
Transition to new Kashagan operator started in May: NCOC
North Caspian Operating Company (NCOC) informed that the transition to a new operator of the Kashagan project started back in May 2014.
American Airlines, owed $750 mn, trims flights to Venezuela
American Airlines, owed some $750 million by Venezuela, said Tuesday it was sharply reducing flights to the South American nation from July after the two sides failed to read a deal, a spokesman said.
Hong Kong steel firm pays $470 mn for 5-star Paris hotel
A Hong Kong steel investment firm said it has agreed to pay almost $470 million for the five-star Paris Marriott Hotel Champs-Elysees, as it targets Chinese tourists' desire for luxury travel.
Abramovich co-invests in Israeli StoreDot with Kazakhstan's Rakishev
Russian businessman Roman Abramovich has invested $10 million into an Israeli start-up StoreDot, a bio-organic materials based electronics developer.