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ConocoPhillips sells off Nigerian operation US energy giant ConocoPhillips has agreed to sell its Nigerian operations to growing African group Oando for 1.79 billion dollars (1.35 billion euros).

21 December 2012

Gazprom to buy Kyrgyz gas operator for $1: Kyrgyzgaz Russia's gas giant Gazprom is taking a controlling stake in Kyrgyzstan's debt-ridden state gas company for one dollar.

21 December 2012

Kazakhstan service for Instagram got into Russian Startup Rating Printogram.me is used for printing photos from Instagram in the form of photographs, polaroids and paintings for interior decorations.

21 December 2012

Apple "pinch-to-zoom" patent deemed invalid A filing Wednesday in a high-stakes legal battle between Samsung and Apple revealed that a "pinch-to-zoom" patent central to the case has been deemed invalid.

20 December 2012

Air Astana to buy three Boeing 787 Dreamliners Chairman of Air Astana told about the company's plans for the nearest future.

19 December 2012

Chinese giant intends to win Kazakhstan market Major Chinese telecommunications company Huawei has officially announced its entrance into the Kazakhstan market.

19 December 2012

Toyota shares hit highest level this year Toyota shares on Tuesday jumped to their highest level this year, boosted by a weaker yen and after a report said the firm was on track to be the world's biggest automaker in 2012.

18 December 2012

Air Astana presented its own Airbus and new staff outfits We have been waiting for rebranding of our air company’s staff for a long time: Kazakhstan Vice-Minister of Transport and Communications Azat Bekturov.

17 December 2012

Apple will develop applications for Kazakhstan students Apple is interested in implementation of its IT solutions in applications for Kazakhstan schools: expert.

17 December 2012

Coca-Cola FEMSA to acquire Philippine bottler Coca-Cola FEMSA of Mexico is to take control of the US soft drink firm's bottling operations in the Philippines in a $688.5 million cash deal.

15 December 2012

Mitsubishi Bank fined $8.6 mn for flouting US sanctions Mitsubishi UFJ, Japan's biggest bank, must pay US authorities a fine totaling some 8.6 million dollars for flouting US sanctions on Iran, Sudan, Myanmar and Cuba.

14 December 2012

German company suspected of bribery in Kazakhstan GfT Bautechnik, an affiliated company of ThyssenKrupp, took part in construction of artificial islands in the Caspian Sea and supplied cutoff piling there.

13 December 2012

'Gulf princesses' hold key to lingerie firm revival Gulf princesses. The key to success holds in two simple words for Maison Lejaby, a historic lingerie maker rescued from collapse 10 months ago, and newly revived as a purveyor of "Made in France" luxury.

12 December 2012

PPR joins luxury sector rivals on China gold rush trail PPR, the French retailer that has snapped up Hong Kong jeweller Qeelin, intends to leverage the brand to build its presence in China and across Asia in a path already trodden by up-market rivals such as Richemont and Hermes.

12 December 2012

Samruk-Kazyna mulls dividing its affiliated companies into public and non-public This was suggested by an independent director of KazTransGas at the meeting of independent directors of Samruk-Kazyna group of companies with the Fund's chairman.

11 December 2012

Kazakhstan businessman invested $13 million in Russian Internet Russian investment company Fastlane Ventures announced attraction of $13 million from Kazakhstan businessman Kenes Rakishev.

11 December 2012

Cutting over 400 jobs in Pavlodar linked to suspension of export to Iran Pavlodar oblast authorities have linked firing of over 400 employees of the steel plant with suspension of export of goods to Iran.

07 December 2012

Judge calls for "global peace" in Apple-Samsung war A judge mulling whether to trim or overturn Apple's billion-dollar damages award against Samsung on Thursday called for a ceasefire in the ongoing patent war between the smartphone titans.

07 December 2012

HSBC to sell stake in China insurer Ping An for $9.4 bn Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An for $9.4 billion, as it looks to shift its focus back towards its traditional banking business.

05 December 2012

Russian shareholder drops $9 bn BP suit: report A minority shareholder in BP's Russian joint venture TNK-BP has dropped a long-running $9.3 billion suit against the British oil giant.

05 December 2012

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