IMF says no panic in emerging markets
The International Monetary Fund said Tuesday that there was no panic in emerging markets even as countries like India, Turkey and Argentina were facing sharp capital outflows and currency pressures.
29 January 2014
KazMunaiGas purchasing 26.7% in Rompetrol Rafinare
Expanded activities of Rompetrol in Romania will bolster KazMunaiGas’ strategic plans in the region and plans to enter the club of 30 largest oil and gas companies worldwide.
British MPs criticise Queen's household finances
British lawmakers on Tuesday urged Queen Elizabeth II's royal household to do more to reduce running costs and produce clearer plans for the monarch's financial future.
28 January 2014
Apple shares tumble despite new revenue high
Record iPhone and iPad sales pushed Apple quarterly revenue to a new high but shares tumbled Monday over concerns of weaker profits ahead in fierce mobile gadget markets.
28 January 2014
9 hydrocarbons production contracts terminated in 2013
As of today there are 199 contracts for hydrocarbons production, with 171 of them containing certain requirements to the share of locally produced products/services and the share of local work force.
Oil prices mixed ahead of Fed policy meetingOil prices were mixed in Asian trade Monday as dealers focused on the US Federal Reserve's policy meeting this week in anticipation of further stimulus pullback.
27 January 2014
Samsung, Google sign patent-sharing dealSamsung said Monday it had signed a long-term cross-licence deal with Google in a move to help the South Korean technology firm stave off potential patent disputes in the future.
Air Canada suspends ticket sales in VenezuelaAir Canada suspended ticket sales in Venezuela on Friday, adding to a rising number of airlines protesting a government devaluation of the local currency just for travellers.
25 January 2014
US judge suspends Chinese units of 'Big Four' auditorsA US judge has ordered Chinese units of the "Big Four" global accounting firms to be suspended from auditing US-traded companies for six months, saying they had "willfully violated" US laws.
Microsoft tops expectations with record revenueMicrosoft soared to record revenues in the last quarter, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services.