News about Market
Qantas to cut 1,000 jobs, says challenges "immense"
Australian carrier Qantas announced the axing of 1,000 jobs and warned of "immense" challenges ahead in a shock profit downgrade Thursday, flagging a half-year loss of up to Aus$300 million (US$271 million).
05 December 2013
Japan Tobacco and Philip Morris buy 40% of Russian distributor
Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.
05 December 2013
Pay-what-you-like restaurant in China loses thousands
A Biblically-named restaurant in China where patrons can pay whatever they want -- or nothing at all -- has shown that while loving your neighbour may be laudable, it is a risky business model.
05 December 2013
Tablet computer sales losing steam: survey
Tablet computers have been one of the hottest items in tech in recent years, but sizzling growth is likely to slow in the coming years, a market tracker said Tuesday.
04 December 2013
OPEC to sit tight over oil output on supply strains
OPEC is set to stick to its oil output limit at a meeting here on Wednesday, even as Iraq and Iran eye higher crude exports amid slashed Libyan production.
04 December 2013
Maduro says gov't in Venezuela will set car prices
President Nicolas Maduro said Monday his leftist government will set car prices in a bid to lower their cost.
03 December 2013
Production of Kazakh national Talkan dish launched
Production of Talkan - a Kazakh national dish made from sprouted wheat - has been launched in Kazakhstan for the first time ever.
01 December 2013
Despite rising demand, Brazil ethanol sector struggles
Hobbled by rising production costs and low prices, Brazil's ethanol sector is in crisis, with many sugar mills closing despite rising demand.
01 December 2013
China ready to buy 4 products from Kazakhstan
China has agreed to procure sunflower oil, honey, pasta and mineral water from Kazakhstan.
29 November 2013
Captain America shield tops US danger toy list
Consumer activists Tuesday cited a Captain America shield that contains 29 times more lead than allowed by law as one of the most dangerous toys of 2013.
27 November 2013
Several flea markets demolished in Almaty
Several flea markets are being demolished in Almaty.
26 November 2013
Indie video games make their mark
Indie video games made by tiny teams on even tinier budgets are increasingly competing with the big guys, making inroads on consoles after cutting their teeth on phones and tablets.
23 November 2013
Xbox One makes hot debut as console war revs up
Gamers in more than a dozen countries started snapping up new-generation Xbox One consoles Friday as Microsoft battled Sony to be at the heart of Internet age home entertainment.
22 November 2013
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
Japan October trade deficit nearly doubles on energy bills
Japan's October trade deficit nearly doubled from a year ago, official data showed Wednesday, as soaring post-Fukushima energy bills eclipsed an improving export picture.
20 November 2013
German union plans Christmas strike at Amazon: report
Germany's service-sector union Verdi is planning strike action at the online retail giant Amazon over the busy Christmas holiday period.
18 November 2013
3000sq-meter flea maket fire in Almaty taken under control
Almaty flea market fire has been taken under control. The total area of the fire has reached 3000 square meters.
17 November 2013
Flea market on fire in Almaty, again
The pillar of smoke issuing from the fire is so huge that there is no place in city where it cannot be seen from.
17 November 2013
Apple, Samsung earn all smartphone profits, and more
Apple and Samsung are grabbing virtually all the profits in the red-hot smartphone market while most other makers are losing money.
15 November 2013
No grain storage problems this year: Mamytbekov
Kazakhstan's Agriculture Minister Asylzhan Mamytbekov has assured there would no problems with grain storage this year.
14 November 2013