News about company
More than a million Xbox One consoles sold on launch day
Microsoft on Friday crowed that more than a million Xbox One consoles were snapped up within 24 hours in 13 countries after hitting shelves for the first time in the morning.
23 November 2013 11:10
Apple awarded $290 mln in Samsung patent case
A US federal jury Thursday ordered Samsung to pay $290 million in damages to Apple in a partial retrial of a blockbuster patent case involving the two smartphone giants.
22 November 2013 17:31
iPhone maker Foxconn invests $40 million in US
Taiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.
22 November 2013 11:14
BHP sees China driving resources demand for 15 years
Anglo-Australian mining giant BHP Billiton on Thursday said China's economic growth was resilient enough to drive strong demand for commodities for the next 15 years.
21 November 2013 13:54
Kazakhstan considers Personal Bankruptcy law
Kazakhstan is considering adopting a personal bankruptcy law.
20 November 2013 23:32
US opens Tesla safety review, company orders changes
A US government agency said Tuesday it was investigating fires in Tesla electric vehicles, as the company ordered modifications aimed at reducing what it called a negligible risk.
20 November 2013 17:36
Drugs scandal rocks Britain's troubled 'ethical' bank
Britain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
19 November 2013 11:14
Forbes magazine publisher seeks buyer
Forbes Media, the family-owned group known for its business magazine which chronicles great wealth, said Friday it is up for sale.
16 November 2013 13:50
JPMorgan to pay investors $4.5bn over mortgage bonds
JPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.
16 November 2013 12:05
Rosneft to supply crude to Kazakhstan in exchange for transit to China
Rosneft will supply Kazakhstan with additional crude in exchange for the oil transit to China.
14 November 2013 01:44
Chevron ordered to pay Ecuador $9.51 bn on appeal: court
An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.
13 November 2013 12:22
China to allow more private investment in state firms: report
China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.
12 November 2013 14:18
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 12:20
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.
10 November 2013 21:56
Brazil freezes assets tied to Alstom, Siemens price-fixing claims
Brazilian judges have frozen assets worth $26 million involved in an alleged cartel suspected of price-rigging during bidding for Sao Paulo's metro rail systems.
09 November 2013 19:04
EXPO-2017 facilities to be exempt from taxes
EXPO-2017 facilities will be exempt from taxes. Kazakhstan's Tax Code, Budget Code and Special Economic Zones Law will be amended.
08 November 2013 14:09
Max Petroleum to drill two more wells at Uytas field
Kazakhstan-focused British Max Petroleum is planning to drill two more wells in the Uytas field.
08 November 2013 13:18
Google ends mystery: barge to be 'interactive space'
Google ended nearly two weeks of speculation about an enormous floating barge in San Francisco Bay, saying it would be "an interactive space" for learning about technology.
07 November 2013 11:02
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.
05 November 2013 18:01