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Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.

04 May 2013

Penfolds pops cork on 'perfect' 2008 Grange Nestled in Australia's Adelaide hills, Penfolds Magill Estate has opened its double cellar doors to launch global sales of one of the most hyped "new world" wines in recent history.

04 May 2013

KazMunaiGas closes $3 billion deals KazMunaiGas National Company has successfully closed the deals on placement of 10-year and 30-year Eurobonds raising $3 billion.

03 May 2013

KazakhTelecom buys Digital TV Kazakhstan national telecommunications company KazakhTelecom has purchased 100-percent of Digital TV.

03 May 2013

Oil takes breather in Asia after strong rally Oil prices took a breather in Asian trade Friday as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.

03 May 2013

China controls almost 40 percent of Kazakhstan's hydrocarbons: media China already controls almost 40 percent of Kazakhstan’s hydrocarbon assets: Indian media.

02 May 2013

Japan, France firms win Turkey nuclear contract: report Japan's Mitsubishi Heavy Industries and France's Areva have won a multi-billion dollar contract to build a nuclear power plant on the Black Sea.

02 May 2013

Facebook profit rise fueled by mobile ad growth Facebook's profit in the first quarter of this year climbed as it used its grip on people's online social lives to challenge Google and Apple for revenue from mobile ads and apps.

02 May 2013

S. Korea vows aid for firms hit by Kaesong exit South Korea on Thursday pledged about $270 million in financial aid for firms hit by the withdrawal from a joint industrial zone in North Korea that has fallen victim to military tensions.

02 May 2013

TENGRI LIFE

TENGRI TRAVEL

German unemployment up slightly in April Unemployment in Germany rose in April as companies become more cautious about hiring in face of the slowing economy, but the labour market nevertheless remains robust.

01 May 2013

Best Buy withdraws from Europe US electronic goods retail giant Best Buy confirmed Tuesday it was withdrawing from Europe, selling its stake in its joint venture launched with Carphone Warehouse Group.

30 April 2013

Eurasian Development Bank to finance the first wind power plant in Kazakhstan The Bank will grant a loan of $94 million for a 10-year period to construct the wind power plant.

30 April 2013

Tengrinews TV to be launched in Kazakhstan Internet television Tengrinews TV, a new project of Alash Media Group media holding, was presented at the international exhibition Internet Avenue-2013 in Almaty.

30 April 2013

China nears US in money to Africa: study China committed more than $75 billion to Africa in the past decade, coming close to the level of US money although the nature of Beijing's support was far different.

30 April 2013

China’s companies haven’t turned to Kazakhstan with offers to buy into Abay and Nursultan oil blocks KazTAG earlier reported, Chinese state and private companies are nearing the finish line in procurement of stakes in Kashagan project, Nursultan and Abai blocks, according to an informed source in Beijing.

29 April 2013

Gas prices to rise after Beineu-Bozoi pipeline launch I would like to warn that there will be no low prices; gas doesn't come for free: Kazakhstan Minister.

29 April 2013

No 3rd stage at Karachaganak giant oil and gas field The measure enables to extract another 100 million tons of crude for the whole period of the project (…) it is quite a sizeable figure: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.

29 April 2013

Plans are there to produce 1.5-3 million tons of oil at Kashagan this year Earlier Tengrinews.kz reported, citing the country’s Minister of Economic Affairs and Budget Planning Erbolat Dossayev, that the start of commercial production at Kashagan might be further delayed.

29 April 2013

Kazakhstan isn’t interested in boosting its share in Kashagan oilfield We are content with the 16.8% we have in the project: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.

29 April 2013