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Microsoft eyes new course as Ballmer sets retirement Microsoft chief executive Steve Ballmer announced Friday he would retire within 12 months, opening a new chapter for a company struggling to keep pace with the fast-changing tech sector.

24 August 2013

Chevron and TengizChevroil break ice on Kazakh content Kazakhstan engineering companies are eager to produce equipment for Chevron and TengizChevroil.

23 August 2013

Nokia says India 'least favourite market': report Finnish telecom giant Nokia has told India's government that the country is now its "least favourable market" to operate in and it makes better sense to export its products from China.

23 August 2013

UK Islamic TV channel fined for inciting violence Britain's broadcasting watchdog fined an Islamic television channel £85,000 ($133,000, 99,700 euros) after a presenter said anyone disrespecting the Prophet Mohammed should be killed.

22 August 2013

Al-Jazeera America goes live, woos viewers Al-Jazeera America went live Tuesday, accompanied by a campaign of traditional and social media for its cable channel launch, as it pledged to outdo its rivals with serious, in-depth journalism.

21 August 2013

Japan firm says skin stain complaints top 7,000 Japanese cosmetics maker Kanebo said Monday the number of complaints about skin discolouring from using its whitening products has topped 7,000 from customers both at home and abroad.

20 August 2013

US investigating JPMorgan's China hiring The United States is investigating JPMorgan over its hiring practices in China.

19 August 2013

Kyrgyzstan owes Kazakhstan $10 million for gas Kyrgyzstan’s debt to Kazakhstan for the natural gas it supplied has reached $10.6 million.

19 August 2013

AOL trims its Patch news operations AOL said Friday it was cutting an unspecified number of jobs at its Patch hyperlocal news operations, while consolidating or closing some Patch sites.

18 August 2013

Ikea recalls children's beds due to laceration hazard The world's leading furniture chain Ikea on Thursday issued a recall of two models of children's beds after several reported cases of a broken metal rod that exposed sharp edges.

16 August 2013

Airlines vow to fight US move to block merger Lawyers for US Airways and American Airlines voiced confidence Wednesday that they can defeat the US suit to prevent their merger, but allowed that a negotiated deal was also possible.

15 August 2013

Cisco to cut 4,000 jobs Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.

15 August 2013

Rio to lay off 1,700 at Mongolia project Mining giant Rio Tinto on Thursday said it will lay off up to 1,700 staff at its huge Oyu Tolgoi copper mine in Mongolia after a more than US$5 billion expansion was halted.

15 August 2013

US sues to block US Airways-American Airlines merger The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares.

14 August 2013

Brazil sues Samsung over poor working conditions Brazil has filed a lawsuit against Samsung alleging poor working conditions at a factory in the Amazon and is demanding more than $100 million in damages.

14 August 2013

Apple lifted by report on iPhone launch Apple shares gained Monday after a report saying the California tech giant was set to announce its next iPhone at a September 10 event.

13 August 2013

KMG branch to build 22 petrol stations in Georgia in 2014 The Rompetrol Group N.V., a subsidiary of KazMunaiGas National Company, plans to open 22 new petrol stations in Georgia by the end of 2014.

12 August 2013

Brazil energy giant paid bribes to parties: press Brazil's state-run energy giant Petrobras funneled kickbacks to officials from political parties.

12 August 2013

Some Samsung imports banned in US patent case The US International Trade Commission on Friday blocked imports of some older model Samsung mobile devices following complaints by Apple that the South Korean company had violated its patents.

10 August 2013

Kazakhstan paper producer Kagazy freezes former managers' assets Assets of two former heads of Kazakhstan Kagazy have been frozen around the world under the company’s request.

09 August 2013

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