Kazakhstan’s international reserves figure announced
The gold and FX reserves of the National Bank for the period grew by 7.45% to reach $26.517 billion, with the assets of the National Oil Fund growing by 3.18% for the period to reach $72.787 billion.
08 April 2014 11:01
Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln
Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.
Oil Minister Uzakbai Karabalin on Kashagan
Over 2000 weld seams have been inspected; we have covered over 6000 meters of pipes with in-line inspections; the data is being processed at laboratories, he said.
China's Huawei partners with Paris SG football club
Chinese tech giant Huawei has signed a three-year sponsorship deal with Paris Saint-Germain, one of Europe's biggest football clubs, the French club announced Saturday.
Kyrgyzstan cuts electricity supply to Kazakhstan
Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.
04 April 2014 02:42
Novartis replaces top Japan executives over drug trial scandal
Swiss pharmaceutical giant Novartis said Thursday it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators.
03 April 2014 14:57
Lufthansa flights to return to normal Saturday: CEO
German airline Lufthansa, which is currently battling the biggest strike in its history, expects normal services to be up and running on Saturday, its chief executive said.
03 April 2014 14:17
Mining giant BHP mulling demerger
Global mining giant BHP Billiton is considering spinning-off its aluminium, bauxite and nickel assets into a single entity that would be worth about Aus$20 billion ($18.5 billion), reports said Wednesday.
Japan shoppers see first sales tax rise in 17 years
Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.
01 April 2014 20:18
Pilots' strike grounds Lufthansa
Lufthansa, Germany's biggest airline, said Monday it will be forced to cancel most of its flights later this week, grounding as many as 425,000 passengers, due to a pilots' strike.
