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World Bank: Singapore, Hong Kong best for business Singapore and Hong Kong rank the world's best places to run a business, while mainland China remains far down the list.

30 October 2013

TengizChevroil to resume oil shipments through Baku – Tbilisi – Ceyhan The consortium has already designated the Aktau tanker to transport crude from Aktau to Baku to be further pumped to the pipeline.

29 October 2013

Managing Director of Agip KCO resigns Managing Director of Agip KCO Umberto Carrara is going to be replaced by Guido Brusco after November 1.

29 October 2013

Direct investments of Russia’s companies to Kazakhstan to make up $16 billion in 2013 In the H1 2013, the investments figure stood at $8 billion, including direct investments of $570 million.

29 October 2013

Toxic US corporate culture unchanged: TARP watchdog Five years after the US financial crisis forced the massive government TARP bailout, the US corporate culture remains toxic and breeding crime.

29 October 2013

Six Kazakhstan airlines banned from flights Kazakhstan Ministry of Transport and Communications revoked licenses of several air carriers.

29 October 2013

Kazakhstan may export goods worth $7 billion to Central Asia 3rd Central-Asian Trade Forum that involves CA countries, plus Russia, Pakistan, Afghanistan, Austria and the United States was held in Kazakhstan.

29 October 2013

Apple profit tops forecasts, 33.8 million iPhones sold Apple on Monday reported a quarterly profit of $7.5 billion on the back of soaring iPhone sales.

29 October 2013

Britain to announce Islamic Index on stock exchange Prime Minister David Cameron was on Tuesday to announce a new "Islamic Index" on the London Stock Exchange and reveal plans for Britain to release an Islamic bond.

29 October 2013

TENGRI LIFE

TENGRI TRAVEL

Kazakhstan 3 notches up in the WB’s Doing Business 2014 Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies.

29 October 2013

Kazakhstan announces Q3 uranium production output Uranium production output in Kazakhstan made up 20 900 tons in 2012.

28 October 2013

Lawsuit after 6 million bottles of Aussie wine down drain Global drinks giant Treasury Wine Estates was Monday facing a class-action lawsuit from Australian shareholders after oversupply issues forced six million bottles of wine to be poured down the drain.

28 October 2013

JPMorgan to pay $5.1 bn to settle Fannie, Freddie claims JPMorgan Chase will pay $5.1 billion to settle charges it overstated the quality of mortgages and mortgage-backed securities sold to Freddie Mac and Fannie Mae.

27 October 2013

Sandy clean-up 'enormous' one year on A year after Hurricane Sandy, the United States still faces an enormous task to repair $60 billion worth of damage and improve resiliency before the next cyclone.

27 October 2013

McDonald's drops Heinz Ketchup McDonald's said Friday it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.

26 October 2013

Twitter seeks up to $1.61 bn in IPO Twitter said Thursday it would seek to raise up to $1.6 billion in its initial public offering expected in the coming weeks.

26 October 2013

Marchenko names reasons behind insufficiency of pensions in Kazakhstan The larger the pension savings pool is, the more investment tools are needed to secure a sufficiently high yield: Marchenko.

26 October 2013

Ex Chairman of the Central Bank on excessively protracted merger of pension funds Shareholders of pension funds involved into the swapping deal are first of all interested in having their missed profit compensated for: Gregory Marchenko.

25 October 2013

Brazil chases FIFA over World Cup structures Brazilian state prosecutors are seeking to recover almost $100m from football's global governing body FIFA which was spent on temporary structures at venues for next year's World Cup.

25 October 2013