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Kashagan to affect oil prices in 2 years Commercial production at Kashagan field may put some pressure on the oil prices, but in only the long run.

26 July 2013

Sales of new cars grew 72 percent in Kazakhstan Sales of new cars grew 72 percent in Kazakhstan in the first half of 2013 compared to the same period last year.

26 July 2013

Raised offer for Dell hinges on change in vote process Michael Dell and his investor allies modestly boosted their buyout offer Wednesday for the struggling computer giant he founded, and asked the board to change the method for shareholder approval.

25 July 2013

Wells Fargo deposes China's ICBC as world's biggest bank The Industrial & Commercial Bank of China (ICBC) has lost its standing as the world's largest bank by market capitalisation to US-based Wells Fargo.

25 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

Apple case cracks open e-books, digital goods pricing A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies.

12 July 2013

Ford sees turnaround in Europe The steep contraction of Europe's auto industry -- which has trimmed sales, forcing carmakers to absorb punishing losses and slash production -- appears to be reaching bottom.

12 July 2013

Oil prices higher in Asian trade Oil prices climbed in Asian trade Monday after jobs data from the United States beat expectations, boosting confidence in the world's biggest economy.

08 July 2013

Samsung posts disappointing earnings forecast for Q2 Samsung Electronics Co. fuelled concerns about flagging demand for high-end smartphones with a weaker-than-expected earnings forecast for the second quarter.

05 July 2013

BlackBerry shares plunge on weak results, sales BlackBerry on Friday posted an unexpected first quarter loss and disappointing sales figures for its new smartphones.

30 June 2013

GM to invest $691 million to boost Mexico operations General Motors announced Wednesday that it will invest $691 million to boost its operations in Mexico, a nation whose low wages and proximity to the United States are increasingly attracting automakers.

27 June 2013

New York oil soars after Canadian pipelines shut New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.

25 June 2013

Wine producers go hi-tech to outsmart fraudsters Making sure a glass of wine is everything it promises on the label was once a relatively simple process: hold against the light, tilt and observe the shade, swirl a little and give it a good sniff.

22 June 2013

Kazakhstan residents bought new cars worth $2 billion in 2012 Kazakhstan residents spent $2 billion onnew cars in 2012.

21 June 2013

Apple, US government spar in antitrust trial finale Apple on Thursday dismissed allegations it conspired to raise the price of e-books and said the US government's antitrust case against it would deter new entrants to concentrated markets.

21 June 2013

US confidence in newspapers hits new low: poll Confidence in newspapers has taken another hit among Americans, dropping to 23 percent.

20 June 2013

Gambia to ban rice imports from 2016: president Gambian President Yahya Jammeh said Sunday the west African country would ban rice imports from 2016, in a bid to boost demand for local produce and move towards self sufficiency.

17 June 2013

Oil prices climb on geopolitical fears, US data Oil prices surged on Friday helped by a rise in Middle East worries, after Washington said it would provide military support to Syria's rebels and Iran went to the polls to elect a new president.

16 June 2013

China to deal 'appropriately' with EU steel challenge China said it will deal "appropriately" with the European Union's decision to challenge it at the World Trade Organisation after Beijing slapped duties on some steel products, in the latest salvo in the row between the two sides.

14 June 2013

Facebook shareholders vent ire over sagging stock Facebook shareholders on Tuesday grilled leaders of the social network regarding how they planned to revive the company's stock and protect user privacy from snoops including US spy agencies.

13 June 2013

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