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Economic Development Minister Alexei Ulyukayev. ©RIA Novosti
Bankruptcy 'only option' for Russia's Transaero airline: minister

Bankruptcy is the only solution for Russia's second largest airline Transaero after state-controlled Aeroflot backed out of purchasing the debt-laden carrier.

Bankruptcy 'only option' for Russia's Transaero airline: minister
Vice Minister of Energy Uzakbay Karabalin. Photo courtesy of primeminister.kz
Optimistic forecasts for Kazakhstani oil sector: 10th KazEnergy Forum

10th Eurasian KazEnergy Forum has gathered 2000 participants for three days in Kazakhstana's Astana city.

Optimistic forecasts for Kazakhstani oil sector: 10th KazEnergy Forum
VW revs up recall plan, hunts for culprits in pollution scam

German auto giant Volkswagen shifted up a gear in its plans to recall millions of cars fitted with pollution-cheating software as it boosted efforts to find the masterminds behind the scam.

VW revs up recall plan, hunts for culprits in pollution scam
©Reuters/Robert Galbraith
Yahoo to spin off Alibaba stake despite tax question

Yahoo notified US regulators that it is proceeding with plans to spin off its multi-billion-dollar stake in Alibaba despite the unanswered question of what the tax bill could be.

Yahoo to spin off Alibaba stake despite tax question
VW says 1.8 mn commercial vehicles fitted with emission-cheating software

German auto giant Volkswagen said that 1.8 million of its commercial vehicles worldwide are fitted with the sophisticated software enabling them to cheat emission tests.

VW says 1.8 mn commercial vehicles fitted with emission-cheating software
Tesla boss Musk calls for 'random emission' testing

Tesla chief executive Elon Musk called for fossil fuel-powered cars "to be tested at random," as German giant Volkswagen's worldwide pollution cheating scandal continues.

Tesla boss Musk calls for 'random emission' testing
Gates Foundation sues Petrobras, PwC over scandal

The charity foundation of multi-billionaire Microsoft founder Bill Gates has sued Petrobras and accounting giant PwC's Brazil arm over investment losses due to corruption at the Brazilian oil giant.

Gates Foundation sues Petrobras, PwC over scandal
Porsche chief Mueller to take the wheel at VW: report

The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen.

Porsche chief Mueller to take the wheel at VW: report
With iPhone launch, Apple eyes better customer connection

It's not just another iPhone launch. This time, Apple is pushing not only a new device, but what it says is a new relationship with its customers

With iPhone launch, Apple eyes better customer connection
Apple revving work on electric car

Apple aims to have an electric car on the road some time in the year 2019, according to a report in the Wall Street Journal.

Apple revving work on electric car
Apple explores rules of the road for self-driving cars

The California Department of Motor Vehicles (DMV) said that it met with Apple to discuss rules of the road regarding testing self-driving cars.

Apple explores rules of the road for self-driving cars
Photo courtesy of extremetech.com
Facebook working on long-sought 'dislike' button

Facebook, pressed for years by users to add a "dislike" button, announced Tuesday it was working on the feature and will be testing it soon.

Facebook working on long-sought 'dislike' button
Apple TV aims to capture 'cord cutters'

The new Apple TV unveiled this week has the potential to do for television what iPhone did to mobile phones, while claiming a starring role in home entertainment.

Apple TV aims to capture 'cord cutters'
Thousands queue at burrito house Chipotle for jobs

Another fast-food job wouldn't seem like a great change, so Marisol was one of thousands around the country who lined up for an opening at a Chipotle restaurant.

Thousands queue at burrito house Chipotle for jobs
Apple presses deeper with new iPhones and more

There were new iPhones of course. But Apple also moved into the living room with an upgraded streaming TV box and unveiled an iPad Pro aimed at reviving the flagging tablet market.

Apple presses deeper with new iPhones and more
©REUTERS
Facebook business pages closer to becoming online shops

Facebook pages moved closer to replacing small business websites, announcing features designed to make it easier for shops to hawk their wares.

Facebook business pages closer to becoming online shops
Tech world waits for iPhone news and hopes for magic

The tech world will have its eyes on Apple, expecting new versions of the company's coveted iPhone but hoping for magic in the form of unexpected innovation.

Tech world waits for iPhone news and hopes for magic
©REUTERS
Microsoft buys cloud computing security startup

Microsoft said it bought an Israel-based cybersecurity startup specializing in defending programs and content in the cloud, as it expands offerings for the enterprise.

Microsoft buys cloud computing security startup
Fast food, fast jobs: Chipotle to hire 4,000 in one day

Chipotle, the burrito chain whose rocketing growth has fast-food giants like McDonald's reeling, is not slowing down: it plans to hire 4,000 new staff in one go on Wednesday.

Fast food, fast jobs: Chipotle to hire 4,000 in one day
Tesco sells South Korean unit for more than £4 bn

Troubled British retail giant Tesco agreed Monday to sell South Korean unit Homeplus to a consortium led by private equity firm MBK Partners for more than £4.0 billion.

Tesco sells South Korean unit for more than £4 bn