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.
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
US shutdown cost $2.0 billion in lost govt output
The 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
08 November 2013
Twitter to hit Wall Street with hefty price tag
Twitter will make its Wall Street debut Thursday with a price tag of $26 per share, bidding to raise up to $2.1 billion in the most eagerly awaited stock offering since Facebook.
08 November 2013
No time left for KEGOC to run the IPO in 2013
“It’s the privilege of the Government to decide on timing of the IPO (…) If there’s a decision, we will be able to float the Company’s shares within half a year”: the Company’s Chairman of the Board.
07 November 2013
TENGRI LIFE
TENGRI TRAVEL
I.Coast cocoa bosses get 20 yrs for embezzlement
An Abidjan court on Wednesday sentenced 14 former bosses of Ivory Coast's cocoa sector -- the world's number one producer -- to 20 years in prison in a major embezzlement case.
07 November 2013
China seeks world role for 'people's money'
With deals from London to Singapore, China is seeking a greater role for its yuan currency in global markets to challenge the hegemony of the almighty dollar.
06 November 2013
BMW says 'on course' after good Q3
German luxury car maker BMW said Tuesday it is confident of meeting its full-year forecasts after business developed favourably in the third quarter.