Economic gloom overshadows euro finance ministers meeting
Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.
04 March 2013 11:41
Air China to buy 31 Boeing planes
Air China signed an agreement Friday to buy 31 Boeing passenger and cargo planes from Boeing, subject to government approval.
02 March 2013 18:09
Judge slashes $1 bn Samsung-Apple penalty in half
A judge on Friday cut $450 million from a $1 billion award to be paid by Samsung in a landmark patent lawsuit from Apple, saying a jury had wrongly calculated the damages.
02 March 2013 14:35
$85 billion austerity hit lines up US economy
An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.
Asian markets mostly down, weak China data
Asian markets were mostly lower on Friday as traders took a breather after healthy gains in the previous session while Chinese data showed growth in manufacturing activity had slowed.
01 March 2013 18:30
Shymkent faces construction boom
Kazakhstan's southern city of Shymkent will become a major metropolis in 4 years: chief architect of South-Kazakhstan oblast Ashirbayev.
01 March 2013 18:11
Facebook buys advertising firm from Microsoft
Facebook agreed Thursday to buy Atlas Advertiser Suite from Microsoft as part of an effort to boost ad revenues at the massive social network.
Sony sells Tokyo office building for $1.2 bn
Sony said Thursday it has sold one of its main buildings in Tokyo for $1.2 billion as the embattled Japanese electronics giant offloads assets to help repair its tattered balance sheet.
28 February 2013 15:59
Astana to get high-speed buses
This will allow us to transport a good number of passengers and improve organization of road traffic in general: Astana Mayor.
28 February 2013 15:11
Australian government pension fund dumps tobacco
The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
US drug firm Mylan to buy Indian firm for $1.6 bn
US generic drugs specialist Mylan said Thursday it would buy a unit of India's pharma firm Strides Arcolab for $1.6 billion, boosting its presence in the high-growth injectable drugs market.
US lawsuit claims 'King of Beers' is watered down
The makers of Budweiser faced accusations on Tuesday of watering down the popular American lager in search of higher profits, in a class action lawsuit flatly rejected by the brewery.
27 February 2013 17:07
Looming US cuts raise fears for world's poor
With the United States days away from billions of dollars in automatic spending cuts, anti-poverty campaigners fear that reductions in foreign aid could potentially lead to thousands of deaths.