KazMunaiGas Head doesnt rule out further decrease in gasoline prices According to him, oil refineries have been facing excessive gasoline in stock, with oil companies [in line with applicable legislation] still supplying a set volume to local refineries to be processed.
10 February 2015
Kashagan economically viable with prices for oil at $100 per barrel Both Tengiz and Karachaganak oilfields are effective projects, with the break even point being much lower that of Kashagan: Sauat Mynbayev, KazMunaiGas Chairman of the Board.
09 February 2015
Nissan raises full-year profit forecast to $3.5 bn Nissan said Monday it was raising its full-year net profit forecast to $3.5 billion, thanks to cost cutting efforts and a cheaper yen.
09 February 2015
SpaceX calls off launch of space-weather satellite SpaceX's launch of a $340 million sun-observing spacecraft that was initially dreamed up by former US vice president Al Gore was postponed.
09 February 2015
ArcelorMittal Temirtau asks workers to yield to wage cuts ArcelorMittal Temirtau Director General has asked the company's personnel to understand the difficult financial situation and take the 25% wage cuts.
09 February 2015
Petrobras confirms Bendine as new CEO Brazilian oil giant Petrobras confirmed that banking executive Aldemir Bendine has been named its new chief executive.
08 February 2015
New airline Air Kazakhstan renamed to Kazakh Air A new Kazakh airline Air Kazakhstan that is due to start making domestic flights in Kazakhstan this year has been renamed to Kazakh Air.
08 February 2015
TransAsia starts pilot retraining after deadly crash TransAsia Airways started the first day of a programme to retrain its pilots after its second deadly crash in seven months.
07 February 2015
Moody's threatens to downgrade Greece Moody's placed Greece's credit rating on review for a downgrade Friday, citing "high uncertainty" about the country's talks with creditors.
07 February 2015
IMF urges G20 to take action to unstick global growth International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.
07 February 2015
ArcelorMittal Temirtau fined for wages cuts: Prosecutor's Office of Karaganda ArcelorMittal Temitau has been fined 594,600 tenge ($3,223) for cutting the wages of its employees in violation of Kazakhstan's Labor Code.
06 February 2015
Twitter chief confirms Google 'relationship' Twitter chief Dick Costolo said Thursday that "a relationship" with Google has been rekindled, but he was coy on the details.
06 February 2015
Sony Pictures boss steps down after damaging hack Sony Pictures Entertainment co-chair Amy Pascal, whose embarrassing emails were leaked in a hack attack, is stepping down.
06 February 2015
Greek finance minister met with 'scepticism' in Berlin debt talks Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.
06 February 2015
Kazakhstan's Air Astana to lower ticket prices Air Astana announced a decision to lower ticket prices on domestic flights in Kazakhstan.
06 February 2015
Kazakh businessman Kenes Rakishev launches venture capital fund Kazakhstan's businessman Kenes Rakishev has become one of the investors of a $102 million venture capital fund.
05 February 2015
Russia pushes UN to cut off Islamic State funds Russia is making a push at the United Nations for a new resolution to choke off funding from oil sales to the Islamic State group.
05 February 2015
Deposits denominated in foreign currencies 72% up in Kazakhstan Kazakhstan’s banks assets grew by 17.9% in 2014, reaching $98 billion, according to the Central Bank.
05 February 2015
Kazakh banks experiencing tenge shortages Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
04 February 2015
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