Philippines' San Miguel reaps $400 mn in power sale Philippine conglomerate San Miguel Corp. said Friday it sold part of its minority stake in the country's main electricity retailer for nearly $400 million.
20 July 2013
Fukushima steam still baffling: TEPCO The operator of Japan's crippled Fukushima nuclear plant said Friday it still did not know what caused steam seen inside a reactor building, nor why it was no longer there.
19 July 2013
Panasonic, Sanyo fined $56 mn for price-fixing: US Japan's Panasonic and its subsidiary Sanyo have each pleaded guilty to price-fixing involving auto parts and battery cells, agreeing to pay $56.5 million in fines.
19 July 2013
Dreamliner fire probe urges Boeing disable beacons British authorities have recommended that distress beacons onboard all Boeing Dreamliners be disabled, after identifying the devices as the likely cause of a fire on a 787 at London's Heathrow airport.
19 July 2013
Early ban on foreign charter flights from Kazakhstan may send many bankrupt Kazakhstan Tourist Association is asking the authorities to postpone introduction of the ban on foreign charter flights until the end of the tourist season.
19 July 2013
Detroit becomes largest US city to file for bankruptcy Detroit on Thursday became the largest city in US history to file for bankruptcy protection after decades of decline and mismanagement rendered the home of the nation's auto industry insolvent.
19 July 2013
Global poll sees China rising, but high marks for US The world increasingly believes China will become the top superpower but the United States enjoys a better image in most regions.
19 July 2013
Almaty leads by budget incomes in 2013 The average budget income per one Almaty citizen has made 730 thousand tenge ($4,900) in 2013.
18 July 2013
Bernanke: Fed will not raise rates in forseeable future Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
18 July 2013
Commercial production at Kashagan to start in October: oil and gas minister According to the minister, the prep works for the actual launch of crude production is 98% complete.
18 July 2013
Kazakhstan Transport Ministry revokes certificates of 3 local airlines Kazakhstan Ministry of Transport and Communications has revoked aviation certificates of 3 airlines.
17 July 2013
Asiana passengers file lawsuit against Boeing A group of 83 passengers aboard an Asiana Airlines flight which crash-landed in San Francisco has filed a lawsuit seeking millions from the aircraft's manufacturer Boeing.
17 July 2013
Akhmetov wants ArcelorMittal Temirtau audited Kazakhstan Prime-Minister Serik Akhmetov has ordered a technilogy audit of ArcelorMittal Temirtau facilities.
17 July 2013
Citi profits jump as investment revenues surge US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.
16 July 2013
KazTransOil to transport oil from Kashagan The state oil pipeline company KazTransOil and KMG Kashagan B.V. have signed a transport contract.
16 July 2013
16 Kazakhstan companies receive greenhouse gas emissions permits Kazakhstan Environmental Protection Ministry has greenhouse gas emission certificates to 16 companies in Kazakhstan.
16 July 2013
AT&T to buy carrier Leap Wireless AT&T announced plans Friday to buy mobile carrier Leap Wireless in a deal worth at least $4 billion, giving the telecom giant more spectrum and the Cricket prepaid phone franchise.
14 July 2013
Boeing stocks dive after 787 fire at Heathrow Boeing stocks plunged nearly 5 percent on Friday after a fire and a "technical issue" on separate 787 Dreamliners in Britain stoked fresh safety concerns about the new high-tech jetliner.
13 July 2013
US-EU trade talks make headway under tight timeline US and European Union trade negotiators said Friday they had begun to identify key areas of agreement and difference as they closed the first week of talks to create an ambitious transatlantic free-trade zone.
13 July 2013
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