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Economy - страница 138

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Murdoch's British newspaper chief to leave company Rupert Murdoch's top newspaper lieutenant in Britain is to leave his post at the end of the year, it was announced Sunday, heralding the start of a major shake-up at parent company News Corporation.

03 December 2012

SIA in talks to sell off Virgin Atlantic stake Singapore Airlines said Monday it was in talks with "interested parties" on a possible sale of its 49 percent stake in Virgin Atlantic as media reports listed US carrier Delta Air Lines as a possible buyer.

03 December 2012

Air Astana cancels Semey and Uralsk flights Air Astana will stop flying to Uralsk and Semey because the airports of these cities require a complete overhaul of runways.

02 December 2012

Australia readies for first plain pack cigarettes All cigarettes sold in Australia will be in identical, plain packages from Saturday in a world first after the government overcame legal challenges from the tobacco industry.

02 December 2012

Food prices easing but remain sky-high: World Bank Global food prices have eased from their July records but remain very high, putting more people in danger of hunger and malnutrition-related disease.

01 December 2012

IIF says Greek debt buyback must be 'voluntary' A powerful international bank lobby warned Thursday that the outcome of Greece's looming debt buyback program remains uncertain and warned that it must be "purely voluntary."

01 December 2012

Kazakhstan's Kcell announced IPO price range The Kazakhstan company has set the price range of $10.5 to $13 per one global depositary receipt.

01 December 2012

Republicans reject 'ridiculous' Obama fiscal cliff proposal Republicans rejected as "ridiculous" Thursday a White House plan to raise $1.6 trillion in new taxes over the next decade, as crunch talks on the US deficit took a turn for the worse.

30 November 2012

Spain banks cut thousands of jobs in shakeup Crippled Spanish banks said they would cut thousands of jobs after Brussels on Wednesday gave a green light for a big slice of aid to rescue them with tough conditions.

30 November 2012

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BP banned from US government contracts British oil giant BP was temporarily banned from winning new US government contracts Wednesday after agreeing to plead guilty to criminal charges in the deadly 2010 Gulf of Mexico oil spill disaster.

30 November 2012

Pressure mounts on fiscal cliff, Obama urges fix US President Barack Obama on Wednesday called for a pre-Christmas deal with Republicans to avert a year-end tax and deficit crunch, as pressure mounted from the business world and stock markets fluttered.

30 November 2012

Sony mulls battery business sale: report Sony is in talks with suitors including Taiwan's Hon Hai Precision over the sale of its battery business, a report said Thursday, as the Japanese firm tries to repair its dented balance sheet.

30 November 2012

Pavlodar steel plant to cut over 400 jobs The company explained that the cuts were a forced measure caused by decreasing demand for their products and shrinking production volumes.

29 November 2012

Kazakhstan citizens ready to spend 5.7 billion tenge on KazTransOil stock Kazakhstan citizens purchased common shares of KazTransOil national company for the total amount of 1.4 billion tenge ($9.3 million).

29 November 2012

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.

29 November 2012

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.

28 November 2012

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.

28 November 2012

Cyber Monday sales sizzling: survey Online retail sales were jumping for "Cyber Monday," the key Web shopping day following the US Thanksgiving holiday weekend.

27 November 2012

Arman Kairdenov appointed Director General of Atyrau oil refinery Arman Kairdenov replaced Talgat Baitaziyev who resigned earlier.

27 November 2012