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Apple, Samsung earn all smartphone profits, and more Apple and Samsung are grabbing virtually all the profits in the red-hot smartphone market while most other makers are losing money.

15 November 2013

Fitch Ratings affirms Kazakhstan's Long-term foreign and local currency IDRs at 'BBB+' and 'A-' respectively The Outlooks on the Long-term IDRs are Stable.

15 November 2013

Euro "too strong", says European Commission's Tajani European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.

14 November 2013

No grain storage problems this year: Mamytbekov Kazakhstan's Agriculture Minister Asylzhan Mamytbekov has assured there would no problems with grain storage this year.

14 November 2013

Rosneft to supply crude to Kazakhstan in exchange for transit to China Rosneft will supply Kazakhstan with additional crude in exchange for the oil transit to China.

14 November 2013

Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.

13 November 2013

Chevron ordered to pay Ecuador $9.51 bn on appeal: court An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.

13 November 2013

China Singles Day online shoppers spend almost $6 bn Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country's biggest online marketplaces on Singles Day, their operator said Tuesday, after the festival created by e-tailers to persuade the loveless to console themselves with retail therapy.

13 November 2013

EBRD raises Kazakhstan’s estimated GDP growth rate At the same time the Bank’s analysts point to weakness of the country’s banking sector, with over 30% of the loan portfolios being NPLs.

13 November 2013

TENGRI LIFE

TENGRI TRAVEL

Venezuela expands crackdown on prices Venezuelans mobbed appliance and other stores Monday to cash in on price cuts ordered by the leftist government as local elections loom.

12 November 2013

Rosneft to transit crude to China across Kazakhstan Late October Russia’s Energy Minister Aleksandr Novak said that Rosneft was negotiating oil transits across Kazakhstan to China via the Kazakh-Chinese Atasu-Alashankow pipeline.

12 November 2013

China to allow more private investment in state firms: report China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.

12 November 2013

Kazakhstan lifts restrictions from import of Russian petrol The government of Kazakhstan has lifted restrictions from import of petrol from Russia.

12 November 2013

RMK to invest $600 million in Kazakhstan Russkaya Mednaya Kompaniya (RMK) plans to invest 600 million dollars in the execution of projects in Kazakhstan.

11 November 2013

Major Sudan airline grounded, blames US sanctions A major Sudanese airline serving South Sudan and the Middle East suspended operations Sunday, blaming American sanctions, as a document confirmed German carrier Lufthansa will also end flights to Sudan.

11 November 2013

As Twitter flies, fears mount on bubble Twitter's high-flying Wall Street debut drew attention to the growing power of social media, but also raised concerns about a potential bubble in the sector.

10 November 2013

Brazil freezes assets tied to Alstom, Siemens price-fixing claims Brazilian judges have frozen assets worth $26 million involved in an alleged cartel suspected of price-rigging during bidding for Sao Paulo's metro rail systems.

09 November 2013

Rio Tinto to invest $13 million in geological exploration at the initial stage There are also another 3 agreements with Japanese and South Korean companies: Minister of Industry and New Technology.

08 November 2013

Kazakhstan not aware of its subsurface contents Up to now some core samples are send abroad as Kazakhstan is still facing shortage of duly certified laboratories that would meet the applicable international standards.

08 November 2013