Euro slips after buying on Greek rescue fizzles
The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing to lingering concerns over Europe's sovereign debt problems.
KazakhTelecom increases profits 5.4-fold
Net profit of KazakhTelecom made 216 billion tenge in January-September 2012, which is 5.4 times more than in the same period of 2011.
Kazakhstan Temir Zholy National Railways Operator obtained a loan of over $400 million from the Export-Import Bank of the United States
The loan will go to finance purchase of Evolution ES44ACi locomotives.
Cyber Monday sales sizzling: survey
Online retail sales were jumping for "Cyber Monday," the key Web shopping day following the US Thanksgiving holiday weekend.
Arman Kairdenov appointed Director General of Atyrau oil refinery
Arman Kairdenov replaced Talgat Baitaziyev who resigned earlier.
ConocoPhillips hasn’t notified the Kazakhstan’s Government on its intention to sell 8.4% in the giant Kashagan oilfield
A day before ConocoPhillips announced its intentions in a press-release, according to which the deal is expected to be finalized in the H1 2013.
EU ministers agree significant debt relief deal for Greece
Greece won breathing space Tuesday with long-frozen eurozone loans to restart from December and a first clear admission that a chunk of the country's debt burden will need to be written off down the line.
ConocoPhillips to sell its stake in Kashagan to India’s ONGC Videsh Limited
The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.
Fitch upgraded ratings of Kazakhstan national companies
Fitch Ratings has upgraded ratings of Kazakhstan national companies Temir Zholy (railroad operator) and KEGOC (electricity grid operator).