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 14:51
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 13:40
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.
30 April 2013 14:41
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.
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.
BHP sells US copper assets for $650 million
Global mining titan BHP Billiton on Monday announced the sale of its Pinto Valley mining operation and rail assets in the United States to Capstone Mining Corp for US$650 million.
29 April 2013 11:45
Portugal to take two banks to court over swap deals
Portugal said Friday it will take banking giants JP Morgan and Santander to court to make them renegotiate deals that have left state-run companies paying hefty interest rates.
28 April 2013 21:05
Japan's ANA to test modified Dreamliner
Japan's ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.
27 April 2013 16:21
Spain begs time to fix finances, eyes growth
Spain forecast Friday it would climb out of its bitter recession in 2014 but needed two extra years to meet the European Union's target for reining in its public deficit.
27 April 2013 14:43
Zuckerberg paid more than $2 bln at Facebook in 2012
Facebook co-founder and chief Mark Zuckerberg scored more than $2 billion worth of stock and $503,000 in base pay last year for running the world's leading social network.
UK launches investigation over ENRC
Great Britain's Serious Fraud Office started an official investigation over Eurasian Natural Resources Corporation.