Japan Tobacco and Philip Morris buy 40% of Russian distributor
Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.
Mang Ko Noh becomes new Head of Rakhat confectionery
Chairman and Non Executive Director of Lotte India Corp. Ltd Mang Ko Noh is the new Head of Almaty-based Rakhat confectionery.
Apple buys analytics firm for $200 mn: report
Apple has acquired social media analytics firm Topsy for more than $200 million, The Wall Street Journal reported Monday.
Japan's top drugmaker appoints first foreign boss
Japan's top drugmaker said Saturday it had picked a GlaxoSmithKline executive as its next president in a rare example of overseas head-hunting by a major Japanese firm.
Tengrinews.kz - best website in Kazakhstan again
Tengrinews.kz news website received the Grand Prix of the Award.kz Kazakhstan national Internet-awards.
Chinese companies owe $1.6 million in payments to their Kazakhstan employees
Kazakh-Chinese company AktobeMunaiGas owes more than 250 million tenge ($1.6 million) to its Kazakhstan staff.
Walmart to open stores in US capital despite protest
Walmart, the biggest retailer in the United States, is opening its first-ever stores in the US capital -- but some aren't giving it a warm welcome.
Head of Almaty-based Rakhat Confectionery to resign by November end
President of Almaty-based Rakhat Confectionery Anatoly Popelyushko will leave the enterprise in the end of November 2013.
Air Astana has no immediate plans of floating shares within People’s IPO Program
At the moment Samruk-Kazyna holds 51% in the airline, with the rest of the shares belonging to UK’s BAE SYSTEMS.
Odebrecht wins auction for part of key Brazil highway
Engineering giant Odebrecht on Wednesday won the right to operate a 855-kilometer (534-mile) stretch of highway in Brazil's key central grain-producing region of Mato Grosso, authorities said.
South Korean LOTTE Confectionery finalizes deal to purchase 76% in Almaty-based Rakhat confectionary
LOTTE Confectionery is planning to make a bid to buy out the rest of the shares held by minority shareholders.
Chevron alleges Ecuador fraud in oil pollution case
Chevron claimed Tuesday that corrupt Ecuadoran plaintiffs mounted an elaborate fraud to win a multi-billion-dollar case against it for polluting the Amazonian rainforest, in arguments before a US court.
Japan's Panasonic to sell chip plants to Israeli firm: report
Japan's Panasonic is nearing a deal to sell three domestic semiconductor plants to an Israeli company as it presses ahead with a move to cut money-losing operations, a report said Wednesday.
Argentina, Spain agree to negotiate over YPF nationalization
Argentina, Spain and Mexico have agreed to negotiate a deal on Buenos Aires' 2012 nationalization of Repsol's stake in YPF, the Economy Ministry said Monday.
Kazakhstan planning to overhaul all 302 railway stations by 2020
Plans are afoot to overhaul 11 out of 18 airports, with both airstrips and passenger terminals renovated in 5 of them and only passenger terminals renovated in 6 of them.
ENRC delisted at LSE
Earlier media reported that major shareholders had been planning delisting at Kazakhstan’s KASE as well to be further able to re-register the company as a privately-held entity.
Haiti photographer wins $1.22mn in AFP copyright case
A US jury on Friday awarded a Haitian photographer $1.22 million in damages after ruling that Agence France-Presse (AFP) and its US partner Getty Images wilfully infringed his copyright in 2010.
More than a million Xbox One consoles sold on launch day
Microsoft on Friday crowed that more than a million Xbox One consoles were snapped up within 24 hours in 13 countries after hitting shelves for the first time in the morning.
Apple awarded $290 mln in Samsung patent case
A US federal jury Thursday ordered Samsung to pay $290 million in damages to Apple in a partial retrial of a blockbuster patent case involving the two smartphone giants.
BHP sees China driving resources demand for 15 years
Anglo-Australian mining giant BHP Billiton on Thursday said China's economic growth was resilient enough to drive strong demand for commodities for the next 15 years.