Economy - страница 128

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Pension savings in Kazakhstan grew 20 percent in 2012 Savings in Kazakhstan's pension funds grew 20.1 percent and made 3.2 trillion tenge ($20.7 billion) in 2012.

08 February 2013

Greenlight sues Apple, with eye on cash pile Apple said Thursday it is weighing ways to give shareholders more of its huge cash stockpile, after hedge fund Greenlight Capital filed suit in an effort to press it in that direction.

08 February 2013

NY Times making more from readers than advertising The New York Times Company said Thursday that its revenue from readers and subscribers overtook that of advertising for the first time in 2012, as the media group reported a boost in profits.

08 February 2013

US safety board finds clue to Boeing fire, faults FAA The National Transportation Safety Board on Thursday criticized the government's certification process for the Boeing 787 and said it had pinpointed how a battery fire occurred on one of the planes.

08 February 2013

Kazakhmys in talks over selling stake in Ekibastuz GRES-1 Kazakhmys has started negotiating a possible sale of a stake in Ekibastuz GRES-1 power station.

08 February 2013

Eni's CEO Paolo Scaroni investigated over Algeria bribes Italian energy major Eni's CEO Paolo Scaroni has been placed under investigation over alleged bribes paid to win contracts in Algeria, the company said on Thursday, denying any involvement in the scandal.

08 February 2013

Britain's Cameron stands firm in EU budget battle Prime Minister David Cameron stood firm on his demand for further cuts in the EU budget on Friday, despite coming under pressure over his pledge to hold a referendum on Britain's membership of the bloc.

08 February 2013

It’s feasible for Samruk-Kazyna to exit three bailed out banks in 2013 February 4 Kazakhstan’s President Nursultan Nazarbayev commissioned the Fund to exit the banks within a year’s time.

07 February 2013

Scat pays compensations to families of all plane crash victims Scat airline has completed payments of compensations to the families of the victims of the CRJ-200 plane crash in Kyzyltu village of Almaty oblast.

07 February 2013

TENGRI LIFE

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National Bank Governor warns against dominance of public bodies reps in the Single Pension Fund Board According to him, in the long run the Government may need money to cover the budget deficit or finance some state-run projects and there might be a temptation to rely on pension savings.

07 February 2013

China and Turkey biggest sources of labor migrants to Kazakhstan As of January 1, 2013 the overall number of valid work permits for migrants regardless of their country of origin totaled 21 712.

07 February 2013

National Bank Governor on ways current pension funds could take They can be transformed into asset management companies; they can be transformed into pension funds working with voluntary savings schemes; or they can wind up and exit the market: Gregory Marchenko.

07 February 2013

National Bank Governor on investing pension assets into infrastructure projects Pension savings are to be consolidated into a single pension fund by July 1, 2013.

07 February 2013

Boeing 787 probe results 'weeks away': NTSB The results of a probe into the Boeing 787 Dreamliner will likely not be known for weeks, investigators said Wednesday, meaning the fleet will remain grounded for at least that long.

07 February 2013

Pension savings of Kazakhstan citizens to be consolidated in single pension fund by July 1 Creation of the single pension fund does not mean nationalizing of pension savings: the savings will still be owned by the citizens: Vice-PM of Kazakhstan.

06 February 2013

RBS bank says to pay 'significant penalties' over Libor Royal Bank of Scotland on Wednesday said it expected to pay "significant penalties" and face other sanctions from British and US financial regulators over its role in the Libor rate-rigging scandal.

06 February 2013

$2.3 billion invested in Mangistau oblast in 2012 Mangistau oblast is ranked second among Kazakhstan regions by investments per capita.

06 February 2013

Tobacco excise to double in Kazakhstan by 2014 Starting from 2014 the excise on tobacco will make 3,000 tenge ($20) per 1,000 cigarettes or 60 tenge ($0.4) per a pack.

06 February 2013

Dell buyout highlights PC sector woes: analysts Dell's plan to take the computer giant private offers an opportunity to return to its start-up roots, but won't solve the fundamental problems facing the company and the PC sector.

06 February 2013