Economy - страница 142

United States news Gulf of Mexico Great Britain Europe contract BP ban Americas tax

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

TENGRI LIFE

TENGRI TRAVEL

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.

27 November 2012

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.

27 November 2012

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.

26 November 2012

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).

26 November 2012

Fitch Ratings upgrades KazMunaiGas rating to BBB Fitch has upgraded the long-term rating of Kazakhstan national oil and gas company KazMunaiGas.

26 November 2012

New eurozone talks to save Greece from financial collapse Eurozone finance ministers meet in Brussels Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.

26 November 2012

US breaks $1bn for first time in online Black Friday shopping US shoppers spent heavily online on the crucial Black Friday shopping day, for the first time topping a billion dollars in online sales in a single day.

26 November 2012

British press hails Cameron's EU budget stance Prime Minister David Cameron secured a decent result for Britain at the European Union budget summit, Britain's newspapers said Saturday, while warning that his good fortune may not last.

25 November 2012

ArcelorMittal warns France over pressure on Florange Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France.

25 November 2012

Japan's secret economic weapon: women In next month's general election, politicians -- nearly all of them men -- will make promises on what they will do to fix Japan's economic morass.

24 November 2012