Brazil's Petrobras slashes multi-year investment plan
Brazil's state oil giant Petrobras slashed its five-year investment plan by a whopping 77 billion dollars -- as it tries to recover from a massive corruption scandal.
30 June 2015
Air Astana leases 7 Airbus neos
Air Astana, the anchor airlines in Kazakhstan, has arranged for operational leasing of 7 Airbus planes from A320 neo family.
Twitter CEO Costolo out as growth pressure mounts
Twitter chief executive Dick Costolo is surrendering his post, handing the reins back to co-founder Jack Dorsey as the popular service struggles to boost its ranks of users.
12 June 2015
Nestle challenges noodles ban in Indian court
Nestle said it is challenging a ban imposed by India on its hugely popular Maggi instant noodles brand after tests showed they contained excessive levels of lead.
11 June 2015
Google launches company to tackle city life woes
Google unveiled a company devoted to making a thriving business out of solving big-city problems such as overpriced housing and traffic-snarled streets.
Apple aims to become online music powerhouse
Apple made its play to shake up online music with a new subscription service allowing users to stream songs, listen to playlists and connect with performers.
09 June 2015
Apple expected to turn up the music dial on Monday
Apple is expected to unveil a ramped up music service that builds on the iPhone maker's strengths in a challenge to Spotify, Pandora and other established players.
EU's Juncker says 'challenging' Greece talks to continue
European Commission head Jean-Claude Juncker said that "challenging" negotiations with Greece would continue, after late-night talks with premier Alexis Tsipras broke up without a deal.
Single Pension Fund to attract private companies for assets management
Starting from next year, part of the assets will be managed by private companies (…) to develop the People’s IPO Program and take part in IPOs run by various companies. The National Bank will be responsible for investing into government securities: Central Bank Governor.