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Kazakhstan airlines may be out of EU black list next year Kazakhstan Vice-Minister of Transport and Communications told about the plans to help Kazakhstan airlines out of EU black list.

08 October 2012

Samsung tips record Q3 profit of $7.3 bn South Korea's Samsung Electronics said Friday it expected a record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter, boosted by sales of its flagship Galaxy smartphones.

06 October 2012

Assets of Kazakhstan Engineering reached 40 billion tenge In 2012 the company’s assets almost doubled and reached 40 billion tenge, while its profit grew almost 4-fold and made 75 billion tenge ($500 million): chairman.

04 October 2012

Apple smartphones gaining on Samsung in US Apple narrowed the gap with Samsung smartphones in the precious US market in the months before the release of the hot-selling iPhone 5 model.

04 October 2012

Gold mine evicts workers as S.African strikes spread A leading gold mine in South Africa started evicting thousands of its striking workers from company dormitories on Tuesday as work stoppages spread to more gold and platinum mines.

04 October 2012

Google backs off patent complaint against Apple Google-owned Motorola Mobility withdrew a patent complaint filed with a US commission but remained quiet Tuesday as to the reason for the legal ceasefire.

04 October 2012

KazMunaiGas' prospects remain optimistic even in pessimistic scenario Production of oil and gas condensate will grow 1.6-fold in Kazakhstan by 2022: KazMunaiGas chairman.

03 October 2012

Kazakhstan President meets Gazprom chairman Kazakhstan President Nursultan Nazarbayev has met with chairman of Gazprom Aleksey Miller.

02 October 2012

Two S. Korea nuclear reactors shut down Two South Korean 1,000-megawatt nuclear reactors were shut down Tuesday at separate plants, both as a result of unrelated systems malfunctions.

02 October 2012

New York sues JPMorgan over mortgage securities The state of New York filed suit against JPMorgan Chase and its subsidiary JPMorgan Securities Monday over the allegedly fraudulent sales of mortgage-backed securities ahead of the US financial crisis.

02 October 2012

Rompetrol fully switched to Euro-5 fuel production Rompetrol has successfully completed modernization of Petromidia oil refinery and switched to production of Euro-5 fuel.

02 October 2012

Xstrata, Glencore announce new deal for massive tie-up Swiss mining group Xstrata and commodities giant Glencore said on Monday they had agreed on new terms for their tie-up to create a massive company worth about 70 billion euros ($90 billion).

02 October 2012

World's 2nd largest steel firm born in Japan Japan's Nippon Steel and rival Sumitomo Metal Industries formally merged on Monday, creating the world's second largest steelmaker amid intensifying global competition.

02 October 2012

Chevron pays $17.5 mn fine for Brazil spill US oil firm Chevron has paid a $17.5 million fine for a major spill off Rio de Janeiro state last year, Brazilian authorities said Thursday.

30 September 2012

Heineken takeover of Tiger Beer maker approved Shareholders in the parent company of the Singapore-based brewer that makes Tiger Beer on Friday approved the firm's takeover by Dutch giant Heineken.

29 September 2012

Petropavlovsk airport may be closed Transport prosecutors of North-Kazakhstan oblast have issued a ruling to close Petropavlovsk airport.

27 September 2012

BHP requests four more years for major mine plan Mining giant BHP Billiton on Thursday asked South Australia state for a 46-month extension to the approval of its Olympic Dam project expansion, which was shelved last month on cost concerns.

27 September 2012

Toyota, Nissan cut China output over island row Japanese auto giants Toyota and Nissan are reducing production in China because demand for Japanese cars has been hit by a bitter row over disputed islands.

26 September 2012

CNN hits back in row over using slain US envoy's diary CNN on Monday hit back at accusations by a top US State Department official that it had engaged in "distasteful" reporting by using the contents of a diary belonging to slain US ambassador to Libya.

25 September 2012

US wants more time to close USAID in Russia The United States has asked Russia for more time to shutter the activities of USAID, after Moscow gave it less than three weeks to close down two-decade old programs.

22 September 2012

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