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.
05 December 2013
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.
04 December 2013
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.
03 December 2013
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.
01 December 2013
Icon Photo Tengrinews.kz - best website in Kazakhstan again Tengrinews.kz news website received the Grand Prix of the Award.kz Kazakhstan national Internet-awards.
30 November 2013
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.
29 November 2013
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.
29 November 2013
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.
29 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.
29 November 2013
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.
27 November 2013
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.
27 November 2013
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.
27 November 2013
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.
26 November 2013
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.
26 November 2013
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.
25 November 2013
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.
24 November 2013
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.
23 November 2013
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.
22 November 2013
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.
21 November 2013
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