Economy - страница 88

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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

Panasonic to slash chip business workforce in half: reports Panasonic is set to cut its chip division workforce in half, axing thousands of jobs as the electronics giant overhauls its battered balance sheet after record losses.

24 October 2013

ADB injections into the Kazakh economy stand at over $2.5 billion Kazakhstan plans to be a partner of the Asian Development Bank (ADB) to support developing countries: PM.

24 October 2013

S. Korea tobacco firm to pull chimp ad for 'Africa' brand South Korea's top tobacco firm said Wednesday it would pull ads for its new "This Africa" brand of cigarettes after complaints the use of images of apes dressed as humans was racist.

24 October 2013

TENGRI LIFE

TENGRI TRAVEL

Samruk-Kazyna plans to lay-off thousands of administrative personnel Samruk-Kazyna keeps on its effort to optimize the structure of its administrative pool of employees.

23 October 2013

Merger of Kazakhstan’s pension funds to be complete in H2 2014 Earlier Mr. Kelimbetov, the then Vice Prime Minister, said that all the pension savings should be consolidated into a single government-owned pension fund by July 1, 2013.

23 October 2013

Japan firms to invest in Brazilian shipbuilder A Japanese consortium on Tuesday said it would buy a 30 percent stake in a Brazilian shipbuilder as its eyes the lucrative market for resource-exploration vessels.

23 October 2013

Chinese oil firms, Europe's giants win Brazil auction China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield.

22 October 2013

JPMorgan to pay record $13 bln to settle US probes: reports Banking giant JPMorgan Chase has reached a tentative agreement to pay a record $13 billion fine to the Justice Department to settle probes into its residential mortgage-backed securities.

21 October 2013

Fan of an NFL star? Buy his stock... US football fans glued to television screens on Sundays will soon have a new way of showing their devotion to the pigskin: buying stocks linked to their favorite players.

20 October 2013

Google stock surges on profit, revenue gains Google shares surged to a record high, close to $1,000, after quarterly earnings figures showed the Internet giant's profits are climbing despite a trend toward cheaper advertising on smartphones and tablets.

19 October 2013

Westports shares rally in Malaysia market debut Shares in leading Malaysian ports operator Westports Holdings surged eight percent on their debut Friday, after raising more than $700 million in the country's largest initial public offering (IPO) this year.

18 October 2013

Tenge bills more beautiful than new $100 banknotes The new American $100 bill not as beautiful as Kazakhstan's tenge notes. Kazakhstan currency is "like the Meryl Streep of international bank notes": The Atlantic.

18 October 2013

Chinese firms to star in upcoming Brazil oil auction Chinese oil giants CNOOC and CNPC will be in a prime position in next week's first auction of deep-water concessions in Brazil's coveted Libra oilfield.

18 October 2013