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Apple slumps below $400 after analyst comments Apple shares fell briefly below $400 Monday after an analyst said the iconic gadget maker is to slash production of its iPhones.

25 June 2013

Korean company mulls buying Rakhat confectionery plant Korean company Lotte Confectionery mulls buying Kazakhstan’s biggest confectionery plant Rakhat located in Almaty.

24 June 2013

Hershey pays $4 mn fine for chocolate price-fixing US candy maker Hershey on Friday pleaded guilty to participating in a chocolate price-fixing scheme and paid a CAN$4 million (US$4.2 million) fine.

22 June 2013

Air Astana launched Astana-Bishkek flight Air Astana launched Astana-Bishkek regular flight.

21 June 2013

Apple, US government spar in antitrust trial finale Apple on Thursday dismissed allegations it conspired to raise the price of e-books and said the US government's antitrust case against it would deter new entrants to concentrated markets.

21 June 2013

Deloitte fined $10 mn in US laundering case Big accountancy Deloitte was fined $10 million by New York state on Tuesday for its actions in advising Standard Chartered Bank over money laundering.

19 June 2013

Air Astana awarded at Le Bourget Air Astana has once again been named the best airline in Central Asia and India.

19 June 2013

Kazakhstan presents aircraft at Le Bourget Kazakhstan is taking part at Le Bourget Air Show for the first time.

19 June 2013

Google asks US court to allow data query release Google said Tuesday it asked a special US court handling national security investigations for permission to publish the number of government requests for data to the Internet giant.

19 June 2013

Over third Kazakhstan terminals stop accepting payments to Beeline Around 36 percent of payment terminals in Kazakhstan have stopped accepting payments for communication services provided by Beeline.

18 June 2013

Halyk Bank top manager on purchase of BTA Purchase of BTA by Halyk Bank and sales of Halyk Bank’s pension fund [to the Government] should be separate deals: Halyk Bank Chairman of the Board Alexander Pavlov.

18 June 2013

Mysterious Steve Jobs emails hang over Apple trial The late Steve Jobs took center stage Monday in the latest twist in the Apple antitrust trial on ebooks.

18 June 2013

Airbus A350 takes off for battle with Boeing Airbus's new A350 plane glided smoothly through its maiden flight on Friday, leaving company executives relieved and brimming with confidence for the battle with Boeing that lies ahead.

17 June 2013

Government mulling over boosting its share in ENRC The FTSE miner is a subject of a criminal investigation by the Serious Fraud Office.

17 June 2013

Group opens up offshore bank account database online A massive database of private offshore banking entities that could be used for tax evasion was posted online for public use Friday by the muckraking group that first reported the files.

15 June 2013

Apple leader admits e-book prices rose with iPad launch Apple's chief dealmaker acknowledged Thursday that prices of best-selling ebooks rose after the tech giant launched iPad book sales in 2010, but denied any role in a plot to fix prices.

15 June 2013

Families of BBC staff threatened in Iran: broadcaster Britain's BBC on Thursday accused the Iranian regime of perpetrating "unprecedented levels of intimidation" against families of its employees on the eve of the country's presidential vote.

14 June 2013

Facebook shareholders vent ire over sagging stock Facebook shareholders on Tuesday grilled leaders of the social network regarding how they planned to revive the company's stock and protect user privacy from snoops including US spy agencies.

13 June 2013

Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.

11 June 2013

Google to buy Israeli GPS app Waze for $1 bln: reports Google is in talks on a deal worth at least $1 billion to buy the Israel-based GPS mobile navigation app Waze.

10 June 2013

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