Hostess selects lead bidders after $410 mn offer Hostess selects lead bidders after $410 mn offer Twinkie manufacturer Hostess said Wednesday it had chosen a joint offer from investment firms C. Dean Metropoulos & Co. and Apollo Global Management LLC as the lead bid to buy the popular snack maker.
01 February 2013 12:52
Singapore airport handles record 51 mn passengers Singapore airport handles record 51 mn passengers Singapore's Changi Airport said Thursday it had enjoyed its busiest year in 2012, handling a record 51.2 million passengers, underscoring its position as a regional aviation hub.
01 February 2013 10:03
KazMunaiGas buys N Block B.V. stake from ConocoPhillips KazMunaiGas buys N Block B.V. stake from ConocoPhillips Kazakhstan's KazMunaiGas and ConocoPhillips Petroleum Holdings B.V. have completed a deal on a stake in N Block B.V.
31 January 2013 20:55
Facebook mobile use surges, but stock falls Facebook mobile use surges, but stock falls Facebook is increasing its revenue from mobile with more users now accessing the social network via smartphones and tablets than from personal computers, but Wall Street remains unimpressed.
31 January 2013 18:56
Dutch court rules in Nigerian farmers' suit against Shell Dutch court rules in Nigerian farmers' suit against Shell A Dutch court will decide on Wednesday whether Shell should clean up oil damage that destroyed a group of Nigerian farmers' land, a case that could set a precedent for global environmental responsibility.
31 January 2013 11:55
Philips returns to profit, sells entertainment business Philips returns to profit, sells entertainment business Electronics giant Philips on Tuesday reported 2012 net profits of 231 million euros (311 million dollars), after losses of 1.29 billion euros in 2011, and announced the sale of its entertainment business to focus further on health products.
31 January 2013 10:45
Kazakhstan planning to issue $1 billion of Eurobonds in 2013 Kazakhstan planning to issue $1 billion of Eurobonds in 2013 We believe it possible to issue sovereign Eurobonds in the H1 2013 to finance the budget deficit and set a benchmark for Kazakhstan’s issuers: Finance Minister.
30 January 2013 23:26
Tech entrepreneur Musk offers to help Boeing Tech entrepreneur Musk offers to help Boeing Tech entrepreneur Elon Musk, founder of the electric carmaker Tesla and aeronautics firm SpaceX, has offered to help Boeing fix apparent problems with the batteries in its grounded 787 Dreamliner.
30 January 2013 18:45
Kazakhstan and Russia agree on rocket drop zone for Soyuz launches Kazakhstan and Russia agree on rocket drop zone for Soyuz launches The Russian side will pay $460 000 a year for the use of the rocket drop zone regardless of the number of Soyuz launches.
30 January 2013 18:03
Japan cabinet to approve $1.02 trillion annual budget Japan cabinet to approve $1.02 trillion annual budget Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.
30 January 2013 15:24
Zimbabwe has $217 in the bank: Finance Minister Zimbabwe has $217 in the bank: Finance Minister After paying public workers' salaries last week, the balance in cash-strapped Zimbabwe's government public account stood at just $217.
30 January 2013 14:32
Kazakhstan may introduce temporary ban on importing petroleum products from Russia: media reports Kazakhstan may introduce temporary ban on importing petroleum products from Russia: media reports Astana’s moves may be driven by efforts of powerful lobbying groups that speak up for stronger cooperation with China: Alexander Karavayev, Vice Director of the Moscow State University Center for Post-soviet Studies.
30 January 2013 11:57
KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield Kazakhstan Government may decide on purchasing the stake before July 2013.
30 January 2013 11:03
Yahoo! shares bounce as profit tops expectations Yahoo! shares bounce as profit tops expectations Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
30 January 2013 10:03
Kazakhstan boosting share of gold in gold and FX reserves Kazakhstan boosting share of gold in gold and FX reserves According to National Bank Vice Governor Bissengali Tadzhiyakov, the share of gold in the country’s gold and FX reserves stands at 22% at the moment.
29 January 2013 18:18
Current pension funds could be transformed into asset management companies: Central Bank Governor Current pension funds could be transformed into asset management companies: Central Bank Governor According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.
29 January 2013 02:15
Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks In a separate statement the O&G Minister told that this year Kazakhstan would lift the moratorium on developing new hydrocarbons deposits.
28 January 2013 23:59
Kazakhstan and Russia agreed on joint use of freight wagons Kazakhstan and Russia agreed on joint use of freight wagons KazTemirTrans and Federal Freight Company signed a memorandum of cooperation in joint use of freight rolling stock.
28 January 2013 19:56
Kazakhstan's budget became more transparent Kazakhstan's budget became more transparent Kazakhstan has improved the residents’ access to the budget information over the past 2 years.
28 January 2013 19:41

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