Manchester United slashes price for US IPO Manchester United slashes price for US IPO Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.
10 August 2012
Toyota announces $495 mn investment in Brazil Toyota announces $495 mn investment in Brazil Top Japanese automaker Toyota plans to invest $495 million dollars to build an engine plant in Brazil, the company's president said Wednesday after meeting Brazilian President Dilma Rousseff.
10 August 2012
Japan invests in Atyrau refinery Japan invests in Atyrau refinery Kazakhstan's Atyrau refinery signed a loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for $297.5 million.
09 August 2012
S. Korea firms in talks to resume Iran oil imports S. Korea firms in talks to resume Iran oil imports South Korean oil refiners are in talks with Iran to resume oil imports, officials said Thursday, potentially by using Iranian tankers as a way to circumvent EU sanctions.
09 August 2012
'Preferential shares' scandal ruins Spanish savers 'Preferential shares' scandal ruins Spanish savers The bank called them "preferential stakes", but Inocencio Merino would prefer to have avoided them.
09 August 2012
Astana ranked 2nd in CIS by salaries level Astana ranked 2nd in CIS by salaries level Astana is among the top three CIS capitals by an average monthly salary.
08 August 2012
S&P cuts Greek outlook to 'negative' S&P cuts Greek outlook to 'negative' Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.
08 August 2012
Central Bank Governor on the tenge and growing demand for the US Dollar Central Bank Governor on the tenge and growing demand for the US Dollar Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.
08 August 2012
Kazakhstan Central Bank Governor on slashing the key rate Kazakhstan Central Bank Governor on slashing the key rate Mr. Marchenko elaborated that so far the National Bank has no plans to revisit the anticipated inflation corridor of 6-8% downwards for the following year.
08 August 2012
Turkish economic miracle woos German businesses Turkish economic miracle woos German businesses As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.
07 August 2012
Kazakhstan National Bank slashes key rate Kazakhstan National Bank slashes key rate The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.
07 August 2012
Qantas pilot tests positive for alcohol Qantas pilot tests positive for alcohol A Qantas Airways pilot failed an alcohol test after being removed from the controls of a passenger flight just minutes before take-off over concerns she had been drinking.
06 August 2012
Heineken to buy maker of Tiger beer for $4.1 billion Heineken to buy maker of Tiger beer for $4.1 billion Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.
04 August 2012
Commodity prices mostly fall on lack of stimulus measures Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.
04 August 2012
Investigations of Shell's Nigeria spills a 'fiasco': Amnesty Investigations of Shell's Nigeria spills a 'fiasco': Amnesty Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility.
04 August 2012
BHP chief forgoes bonus after $2.84 bln US gas writedown BHP chief forgoes bonus after $2.84 bln US gas writedown BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.
03 August 2012
Euro stays weak in Asia after ECB disappointment Euro stays weak in Asia after ECB disappointment The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.
03 August 2012
Rompetrol started drilling first well in Romania Rompetrol started drilling first well in Romania Upstream division (exploration and production) of Rompetrol group starts drilling the first exploration well at Fokshani block in Romania.
03 August 2012
London tourism rates plunge during Olympics London tourism rates plunge during Olympics The London 2012 Olympics appears to be deterring tourists from the capital's centre after warnings of travel chaos and overpriced hotel rooms.
03 August 2012

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