KazMunaiGas discovers new oil
KazMunaiGas Exploration Production JCS has announced a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.
16 May 2014 01:55
Petrobras probe on US refinery 'near end'
An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said.
13 May 2014 10:38
Air Astana to launch more flights to Europe
Kazakhstan’s Air Astana national airline will be performing charter flights from Almaty and Astana to several South European tourist cities.
Mixed verdict in Samsung-Apple patent trial
Jurors on Friday ordered Samsung to pay just a fraction of the big-money damages sought by Apple in a high-stakes Silicon Valley case over smartphone patents.
Rolls-Royce says in talks to sell energy unit to Siemens
German engineering giant Siemens, which is seeking to buy French firm Alstom's energy division, is in talks to purchase Rolls-Royce's energy production arm, the British aircraft engine maker said.
Germany's Bayer says new products drive Q1 growth
German chemicals and pharmaceuticals giant Bayer, maker of Aspirin, said on Monday it turned in a better first quarter performance than expected thanks to healthy growth driven by new products.
Apple splitting stock as iPhone sales soar
Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."
24 April 2014 11:35
GSK, Novartis unveil major healthcare revamp
British pharmaceutical giant GlaxoSmithKline and Swiss peer Novartis announced a major shake-up of their healthcare divisions on Tuesday in deals worth billions of dollars.
23 April 2014 00:31
China's Shandong Airlines orders 50 Boeing planes for $4.6 bn
Shandong Airlines, one of China's smaller carriers, said it has agreed to buy 50 passenger planes from US manufacturer Boeing for $4.6 billion, in another sign of the country's growing demand for air travel.