$138 billion offshored from Kazakhstan
At a meeting of the National Chamber of Entrepreneurs of Kazakhstan it was announced that according to international estimates the money offshored from Kazakhstan amounts to $138 billion.
23 May 2014 12:49
Vice Minister of Oil and Gas on Kashagan
According to the country’s Minister of Economic Affairs Yerbolat Dossayev, the suspension of the project resulted in losing 0.5% of the GDP in 2014.
Australian tycoon sells racing empire to Mideast group
Australian coal tycoon Nathan Tinkler on Wednesday said his thoroughbred breeding and racing empire had been bought by a consortium of local and Middle Eastern parties for an undisclosed sum.
21 May 2014 18:15
Australia's Treasury Wines rejects $2.85 bn takeover offer
Australia's Treasury Wine Estates on Tuesday revealed it received a Aus$3.05 billion (US$2.85 billion) takeover bid from US private equity firm Kohlberg Kravis Roberts (KKR) and rejected it as too low.
Credit Suisse guilty on US felony charge, pays $2.6 bn
Credit Suisse pleaded guilty and was fined $2.6 billion Monday for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on US criminal charges.
20 May 2014 14:39
AstraZeneca rejects Pfizer's final $117bn bid
British drugs giant AstraZeneca rejected on Monday a final takeover bid from US rival Pfizer worth $117 billion, saying it undervalued the firm and created uncertainty and risk for shareholders.
20 May 2014 10:55
Yahoo Japan cancels $3.2 bn plan to buy eAccess
Internet giant Yahoo Japan said Monday it had cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp. in a deal that was valued at about $3.2 billion.
20 May 2014 10:33
Swiss turn down world's highest minimum wage
Swiss voters on Sunday rejected a proposal to introduce the world's highest minimum wage, which would have guaranteed every worker in one of the world's priciest nations at least $25 an hour.
19 May 2014 12:40
Kazakhstan planning to reduce foodstuffs imports
The imports figures are posing a certain threat to domestic processing enterprises (…) The Government has placed a greater emphasis on development of processing enterprises to stimulate production: Agriculture Minister.
17 May 2014 19:55
Kazakhstan to produce 190 000 cars a year by 2019
The task is to bring the number of cars from the current 37 000 to 190 000 cars a year, with the share of locally produced parts from raising from the current 30% to 50%: Industry Minister Asset Issekeshev.
17 May 2014 19:24
PlayStation 4 leads jump in US console sales
Sony's PlayStation 4 led a surge in console sales that lifted the US video game market in April, said figures released Thursday by market research firm NPD Group.