US fines Total $398 mn over bribes in Iran French oil giant Total agreed Wednesday to pay US authorities $398.2 million to settle charges that it bribed officials in Iran to secure oil and gas concessions.
30 May 2013
Mynbayev asked to increase Chinese content in oil company Kazakhstan Oil and Gas Minister Sauat Mynbayev was asked to increase the allowed number of foreigners in Kazakhstan’s oil projects.
30 May 2013
Kazakhstan oil refineries may be suspended Kazakhstan oil refineries may be suspended because of a deficit of oil storage tanks.
30 May 2013
Citigroup settles US suit over mortgage securities Citigroup has settled a lawsuit by the US Federal Housing Finance Agency over the sale of home mortgage-backed securities to government-backed lenders.
30 May 2013
Kazakhstan to spend additional $1.3 billion on countering religious extremism These are the additional funds. The actual spending on this program exceeds the above amounts: Kazakhstan official.
30 May 2013
Astana interested in foreign investments Astana is a city with very attractive opportunities: Astana Mayor Imangali Tasmagambetov.
30 May 2013
Halyk Bank on purchasing BTA Halyk Bank has entered negotiations over the offer to purchase BTA. The due diligence is under way.
30 May 2013
Wal-Mart fined $110 mn over hazardous waste Wal-Mart was hit with $110 million in US federal and state fines Tuesday after pleading guilty to criminal charges of mishandling hazardous waste and pesticides at its retail stores.
29 May 2013
Kazakhstan has lowest gas prices in Europe Average gas price in Kazakhstan is 2.1 rubles ($0.07) per cubic meter while it makes 59.9 rubles ($1.924) per cubic meter in Sweden.
28 May 2013
France blacklists 17 countries for handling foreign aid France has drawn up a blacklist of 17 countries including Switzerland that do not help investigate foreign aid fraud, banning the use of their banks to help distribute development funds.
28 May 2013
Venezuela accuses CNN of seeking to foment coup Venezuela's President Nicolas Maduro on Monday accused US-based news network CNN en Espanol of working to promote a coup d'etat as part of a wider media war against his socialist government.
28 May 2013
Brussels expected to up pressure for economic reform The European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
28 May 2013
Kazakhstan to pay $16 million to consultants for EXPO-2017 These are the funds to pay the fees to consultants for registering Kazakhstan's profile: Minister of Economy.
27 May 2013
Kerry unveils $4 bn Palestinian investment plan US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013
Guatemala extradites ex-president to US Guatemala extradited former president Alfonso Portillo to the United States on Friday to face charges of laundering $70 million of swindled government funds through US banks.
27 May 2013
Key step cleared to Swiss-China free trade deal Switzerland and China cleared the final hurdle Friday towards a landmark free-trade agreement, as Beijing seeks to underscore its growing global ties via deals with European partners.
25 May 2013
'Furlough Friday' hits US federal employees The first day of US government furloughs imposed by a budget crunch saw more than 100,000 federal workers ordered to stay home Friday.
25 May 2013
Kazakhstan to spend 2% of its GDP annually on green technology It’s unjustified carelessness to postpone searching for solutions to environment-related issues: President Nazarbayev.
24 May 2013
US trade panel rejects Motorola bid to block Xbox imports The US International Trade Commission sided with Microsoft on Thursday in a patent dispute with Google-owned Motorola Mobility that could have gotten Xbox 360 videogame consoles banned from import.
24 May 2013
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