BP vows to 'vigorously defend' itself at US oil spill trial
British energy giant BP vowed Tuesday to "vigorously defend" itself in court next week against US government claims for "excessive" fines in the 2010 Gulf of Mexico oil spill disaster.
21 February 2013 10:25
World's biggest food firms embroiled in Europe horsemeat scandal
The world's biggest food company, Swiss-based Nestle, and the world's top beef producer, JBS of Brazil, were Tuesday the latest in a long list of firms to be caught up in Europe's spiralling horsemeat scandal.
Google shares top $800 despite Microsoft challenge
Internet search king Google's shares pushed past $800 for the first time Tuesday despite a tough new challenge from Microsoft and looming European Union action over alleged privacy violations.
20 February 2013 16:35
FBI examining possible Heinz insider trades
The FBI is examining possible insider trading in Heinz shares ahead of last week's buyout announcement, after US regulators identified suspicious trades from a Swiss account.
Merger of Kazakhstan’s pension funds planned since 2010
A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.
Nestle finds horsemeat in pasta dishes in Italy, Spain
Swiss food giant Nestle has become the latest retailer hit by Europe's horsemeat scandal, announcing it is removing pasta meals from supermarket shelves in Italy and Spain due to contamination.
Almaty drivers fined 1 billion tenge in 2 months
Over 98 thousand violations of traffic rules were registered and 95 thousand tickets worth over 1 billion tenge were issued in Almaty since December 2012.
Devaluation of bolivar expensive for some US firms
The recent devaluation of the Venezuelan bolivar was a blow to some major US companies, highlighting the importance of financial ties between the two nations despite their political disagreements.
17 February 2013 11:46
EU states want 'fair tax share' from big business
The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.
16 February 2013 18:08
Britain warns against 'economic warfare' on forex at G20
British Finance Minister George Osborne warned against "economic warfare" as the G20 states of top world economies met hoping to allay fears they could devalue national currencies to boost economic activity.