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Air Astana launches direct flight from Astana to London Kazakhstan's blue-chip airlines Air Astana has launched direct flights from Astana to London.

02 November 2013

ConocoPhillips completes sale of Kashagan share to KMG and views Kashagan as non-core asset The main reason why ConocoPhillips sold its share in the gigantic pie that everyone wants a bite from has nothing to do with the complexity of the field or the bulging expenses of the consortium to develop it.

31 October 2013

Managing Director of Agip KCO resigns Managing Director of Agip KCO Umberto Carrara is going to be replaced by Guido Brusco after November 1.

29 October 2013

Six Kazakhstan airlines banned from flights Kazakhstan Ministry of Transport and Communications revoked licenses of several air carriers.

29 October 2013

Apple profit tops forecasts, 33.8 million iPhones sold Apple on Monday reported a quarterly profit of $7.5 billion on the back of soaring iPhone sales.

29 October 2013

Lawsuit after 6 million bottles of Aussie wine down drain Global drinks giant Treasury Wine Estates was Monday facing a class-action lawsuit from Australian shareholders after oversupply issues forced six million bottles of wine to be poured down the drain.

28 October 2013

JPMorgan to pay $5.1 bn to settle Fannie, Freddie claims JPMorgan Chase will pay $5.1 billion to settle charges it overstated the quality of mortgages and mortgage-backed securities sold to Freddie Mac and Fannie Mae.

27 October 2013

McDonald's drops Heinz Ketchup McDonald's said Friday it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.

26 October 2013

Panasonic to slash chip business workforce in half: reports Panasonic is set to cut its chip division workforce in half, axing thousands of jobs as the electronics giant overhauls its battered balance sheet after record losses.

24 October 2013

S. Korea tobacco firm to pull chimp ad for 'Africa' brand South Korea's top tobacco firm said Wednesday it would pull ads for its new "This Africa" brand of cigarettes after complaints the use of images of apes dressed as humans was racist.

24 October 2013

Samruk-Kazyna plans to lay-off thousands of administrative personnel Samruk-Kazyna keeps on its effort to optimize the structure of its administrative pool of employees.

23 October 2013

Chinese oil firms, Europe's giants win Brazil auction China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield.

22 October 2013

JPMorgan to pay record $13 bln to settle US probes: reports Banking giant JPMorgan Chase has reached a tentative agreement to pay a record $13 billion fine to the Justice Department to settle probes into its residential mortgage-backed securities.

21 October 2013

Google stock surges on profit, revenue gains Google shares surged to a record high, close to $1,000, after quarterly earnings figures showed the Internet giant's profits are climbing despite a trend toward cheaper advertising on smartphones and tablets.

19 October 2013

Chinese firms to star in upcoming Brazil oil auction Chinese oil giants CNOOC and CNPC will be in a prime position in next week's first auction of deep-water concessions in Brazil's coveted Libra oilfield.

18 October 2013

Yahoo holds onto more of Alibaba as profit slips Yahoo on Tuesday took attention off a lackluster quarterly report with word that it plans to hold onto a larger chunk than originally planned of Chinese e-commerce powerhouse Alibaba.

16 October 2013

Kazakhstan poised to produce OCTG fittings KazMunaiGas and French Vallourec & Mannesmann Tubes has signed a memorandum of understanding.

14 October 2013

More problems hit JAL Dreamliners: company A fresh series of troubles has hit Japan Airlines 787 Dreamliners, with two Tokyo-bound flights forced to turn around and another plane experiencing a minor glitch.

11 October 2013

Struggling Alitalia in last-gasp bid for survival Five years after a botched rescue, Italy's troubled carrier Alitalia gasped for survival on Tuesday buried by a mountain of debt, unpaid gas bills and only the slimmest of options.

09 October 2013

Panasonic to exit plasma TV display business: report Panasonic will stop making plasma television screens by early next year, a report said Wednesday, as the struggling electronics giant undergoes a huge corporate overhaul.

09 October 2013

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