Murdoch's British newspaper chief to leave company
Rupert Murdoch's top newspaper lieutenant in Britain is to leave his post at the end of the year, it was announced Sunday, heralding the start of a major shake-up at parent company News Corporation.
SIA in talks to sell off Virgin Atlantic stake
Singapore Airlines said Monday it was in talks with "interested parties" on a possible sale of its 49 percent stake in Virgin Atlantic as media reports listed US carrier Delta Air Lines as a possible buyer.
Air Astana cancels Semey and Uralsk flights
Air Astana will stop flying to Uralsk and Semey because the airports of these cities require a complete overhaul of runways.
Kazakhstan's Kcell announced IPO price range
The Kazakhstan company has set the price range of $10.5 to $13 per one global depositary receipt.
Spain banks cut thousands of jobs in shakeup
Crippled Spanish banks said they would cut thousands of jobs after Brussels on Wednesday gave a green light for a big slice of aid to rescue them with tough conditions.
Google buys marketing firm to boost discount moves
Google has agreed to buy the marketing firm Incentive Targeting in a move that gives the tech giant more tools to work with retailers on discounts and other promotions.
BP banned from US government contracts
British oil giant BP was temporarily banned from winning new US government contracts Wednesday after agreeing to plead guilty to criminal charges in the deadly 2010 Gulf of Mexico oil spill disaster.
Sony mulls battery business sale: report
Sony is in talks with suitors including Taiwan's Hon Hai Precision over the sale of its battery business, a report said Thursday, as the Japanese firm tries to repair its dented balance sheet.
Pavlodar steel plant to cut over 400 jobs
The company explained that the cuts were a forced measure caused by decreasing demand for their products and shrinking production volumes.
KazakhTelecom increases profits 5.4-fold
Net profit of KazakhTelecom made 216 billion tenge in January-September 2012, which is 5.4 times more than in the same period of 2011.
Arman Kairdenov appointed Director General of Atyrau oil refinery
Arman Kairdenov replaced Talgat Baitaziyev who resigned earlier.
ConocoPhillips to sell its stake in Kashagan to India’s ONGC Videsh Limited
The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.
Fitch upgraded ratings of Kazakhstan national companies
Fitch Ratings has upgraded ratings of Kazakhstan national companies Temir Zholy (railroad operator) and KEGOC (electricity grid operator).
ArcelorMittal warns France over pressure on Florange
Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France.
Almaty Mayor's son-in-law may buy ATF Bank
A son-in-law of Almaty mayor Galymzhan Yessenov is one of the potential buyers of ATF Bank that is going to be sold by UniCredit group.
KMG EP increased profit by 5% in January-September
Net profit of KazMunaiGas Exploration-Production in January-September 2012 went 5% up compared to the same period last year and made $1.2 billion.http://en.tengrinews.kz/admin/news/edit/14653/
KMG is selling out its assets and facilities
KazMunaiGas National Company will sell around 20 non-core assets and 349 non-core facilities within several years.
ArcelorMittal Temirtau looks to cancel annual readjustment of salaries
Management of ArcelorMittal Temirtau has decided to cancel the practice of annual readjustment of its employees' salaries to inflation level.
BP to pay record $4.5 bn fine over US oil spill
BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and pleaded guilty to 14 counts including felony manslaughter in the deaths of 11 workers.
BP says in 'advanced discussions' to settle Gulf spill case
British energy giant BP said on Thursday it was in advanced discussions to settle open criminal and regulatory cases with US authorities over the 2010 Gulf of Mexico oil spill disaster.