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.