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.
Airbus says A400M to fly at Paris airshow
Airbus said its A400M would take part in the flying display at the Paris airshow next week, just over a month after one of the planes fatally crashed in Spain.
10 June 2015
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.
EU's Juncker says 'challenging' Greece talks to continueEuropean 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 managementStarting 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.
20 May 2015
President Nazarbayev on developing Air Astana National AirlineAir Astana Kazakhstan’s National Airline is set to launch flights to New York, Tokyo and Singapore. That is a task set by the country’s President Nursultan Nazarbayev outlined in his 100 Steps to Take Program.