CCO Jim Cochrane resigns from ENRC
Chief Commercial Officer of Eurasia Natural Resources Corporation PLC (ENRC) Jim Cochrane has resigned.
Benckiser group to buy Dutch Masterblenders for 7.5bn euros
Dutch tea and coffee producer D.E. Masterblenders said Friday that it has reached a conditional agreement with a German investor group led by Johann A. Benckiser on a 7.5-billion-euro ($9.8-bn) takeover deal.
10 best Kazakhstan startups to be sent to Silicon Valley
10 best Kazakhstan’s startups will be sent to the Silicon Valley for further development and search of financing.
Woodside shelves huge gas project in Australia
Australia's Woodside Petroleum Ltd. on Friday announced it was shelving onshore plans for the controversial multi-billion-dollar Browse liquefied natural gas export project.
Brazil allows Chevron to resume oil exploration after spill
Chevron was given the green light to resume oil exploration in Brazil following a massive 2011 spill which led to the US oil giant halting its activities.
Expats earn 14 times more than locals in Kyzylorda
A prosecutors check in Kyzylorda has unveiled a huge difference in the salaries of local and foreign employees.
GM Holden cuts 500 jobs in Australia
Car manufacturer GM Holden announced Monday 500 jobs will be axed from plants in Australia, blaming the strength of the local dollar for squeezing sales.
Huawei looks to win back faith of United States
Chinese tech giant Huawei said Monday that it hoped to "solve the challenges and problems" it has in the United States after Washington labelled it a security threat last year.
KEGOC plans to earn $53 million in 2013
This year we expect to receive over 8 billion tenge in net profit: KEGOC chairman. He believe his company independent from the market.
Toyota pays $16 million to settle US acceleration suit
Toyota has agreed to a $16 million deal with a southern Californian county over charges the Japanese auto giant hid safety issues linked to unintended acceleration of cars.
Rosneft wants to control Russian oil export to Kazakhstan
Rosneft has applied to Medvedev with a suggestion to make the company the sole coordinator of all supplies of Russian oil to Kazakhstan.
People's IPO to start for KEGOC on May 13
Acceptance of applications for common shares of KEGOC under the People's IPO program will start on May 13.
Shell puts last Australian refinery on market
Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.
GM, Ford, Chrysler post best US sales since 2007
General Motors, Ford and Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s
In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
Arkansas opens probe into ExxonMobil spill
Arkansas opened an investigation into an ExxonMobil pipeline that unleashed thousands of barrels of crude and forced the evacuation of 22 homes.
Kazakhstan airlines may be out of EU blacklist by November 2013
The hearing on Kazakhstan will be held in November upon results of ICAO audit: expert.
Apple apologises after China outrage
Apple chief executive Tim Cook has apologised to Chinese consumers after the US technology giant was subjected to a barrage of criticism in state-run media over alleged "arrogance" and double standards.
Air Astana launches direct flights from Astana and Almaty to Kiev
Air Astana has launched direct flights from Astana and Almaty to Kiev starting from March 31 and April 1, 2013, correspondingly.
UPS to pay $40 million for illegal pharma shipments
UPS Friday agreed to forfeit $40 million and implement a compliance program after a Department of Justice probe found the company delivered drugs on behalf of illegal online pharmacies.