Economy - страница 98

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British MP chairs Kazakhstan company Sir Tony Baldry was elected new chairman of Kazakhstan paper producer Kagazy Plc.

09 August 2013

US sues Bank of America for fraud over mortgage bonds The US government on Tuesday sued Bank of America for defrauding investors in the sale of $850 million in mortgage-backed securities ahead of the housing bust.

08 August 2013

Airbus complaint against Boeing ad dismissed Boeing did not mislead readers of a trade magazine when touting the advantages of its 747-8 jumbo jet over rival Airbus' A380 model.

08 August 2013

South Korean businessmen rally for reopening of Kaesong Hundreds of S. Korean businessmen rallied Wednesday near the border with N. Korea, urging the swift resumption of operations at their abandoned plants in a shuttered inter-Korean industrial zone.

07 August 2013

China fines baby formula firms $108 million for price-fixing: Xinhua China has fined six mostly foreign baby formula companies a total of $108 million for price-fixing.

07 August 2013

Tablet sales slow in absence of new iPad model: IDC Sizzling hot tablet sales have cooled a bit but should re-ignite with the release of a new iPad model later this year.

06 August 2013

Amazon's Bezos buys Washington Post for $250 mn The Washington Post, the legendary newspaper that broke the Watergate scandal, is being sold to Amazon founder Jeff Bezos as it seeks to survive the onslaught of the Internet.

06 August 2013

We have stricken oil: Oil and Gas Minister The Minister briefed President Nazarbayev on drilling works at Zhambyl block in the Caspian offshore.

05 August 2013

National Bank suspends licenses of three banks for currency exchange services The three banks “had violated the country’s legislation on counteraction to laundering illicitly obtained income and interaction to financing of terrorism”.

05 August 2013

TENGRI LIFE

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Virgin Australia expects loss of $98 mln for year Virgin Australia said Monday it was expecting a full-year loss of Aus$95-$110 million (US$84-98 million).

05 August 2013

New York Times sells Boston Globe to baseball team owner The New York Times Company announced Saturday that it has agreed to sell The Boston Globe newspaper for $70 million cash to the principal owner of the Boston Red Sox baseball team.

05 August 2013

US antitrust regulators bid to rein in iTunes The US Department of Justice on Friday launched a bid to more tightly regulate Apple's wildly lucrative iTunes storefront, after the tech giant lost a price-fixing case.

03 August 2013

US stocks see modest gains after busy week A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news Friday only somewhat higher.

03 August 2013

Bank of America may face civil charges over financial crisis Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products.

03 August 2013

Australian mine firm guilty of Aboriginal site desecration An Australian mining firm was convicted Friday of desecrating a sacred outback Aboriginal site in a landmark ruling protecting the beliefs of the beleaguered minority in the country.

02 August 2013

Huawei lashes out at ex-CIA chief over spying claims Chinese telecoms giant Huawei has hit back at allegations by a former CIA chief that the company spies for Beijing, labelling them "defamatory" and "baseless".

02 August 2013

Central Bank Governor Marchenko on the rumors of currency devaluation The spring time was quiet, with no such rumors around. Perhaps people have got bored. Unfortunately, in our country such rumors is a way to entertain oneself: Gregory Marchenko.

02 August 2013

Old newspaper era is over, Obama says via Kindle President Barack Obama acknowledged the problems facing the US newspaper industry, ironically in an interview that was distributed via online retail giant Amazon's Kindle e-reader.

02 August 2013

Energy drink makers on defensive at US Senate hearing The multi-billion-dollar global energy drink industry joined forces on Capitol Hill on Wednesday to fight off growing claims that their caffeine-rich products are hazardous to young people's health.

01 August 2013