US billionaire Warren Buffett optimistic on stocks
Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction.
06 May 2013
Australia halts cattle exports to Egypt
Australian cattle exporters said they had suspended live shipments to Egypt Saturday after abattoir footage shot by animal rights activists showed "horrific" mistreatment of cows.
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
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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.
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.
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.
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.