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Photo © Yaroslav Radlovsky
Kazakh central bank grants Rakishev permission to purchase BTA Bank

Kazakhstani businessman Kenes Rakishev has been granted a permission to purchase BTA Bank by the National Bank of Kazakhstan.

Kazakh central bank grants Rakishev permission to purchase BTA Bank
Single Pension Fund. ©mail.ru
Merger of pension funds to form a single entity complete in Kazakhstan

Altogether, there are 9.7 million accounts, with the overall savings amount standing at $21.3 billion.

Merger of pension funds to form a single entity complete in Kazakhstan
S.Korea's Samsung SDI absorbs materials unit
S.Korea's Samsung SDI absorbs materials unit

Samsung SDI, the world's largest smartphone battery maker, said Monday it would absorb an affiliate producing electronic chemical materials, in the latest restructuring of the giant Samsung Group.

S.Korea's Samsung SDI absorbs materials unit
KazKommertsBank and BTA to merge before the end of the year

Earlier today KazKommertsBank said that the lender and entrepreneur Kenes Rakishev will buy 46.5% in BTA each from Samruk-Kazyna Sovereign Wealth Fund.

KazKommertsBank and BTA to merge before the end of the year
©Reuters//Larry Downing
US still in talks with US Airways, American on merger

The US Department of Justice said Monday it is still in talks with US Airways and American Airlines to settle competition concerns in their proposed merger.

US still in talks with US Airways, American on merger
Airlines vow to fight US move to block merger
Airlines vow to fight US move to block merger

Lawyers for US Airways and American Airlines voiced confidence Wednesday that they can defeat the US suit to prevent their merger, but allowed that a negotiated deal was also possible.

Airlines vow to fight US move to block merger
US sues to block US Airways-American Airlines merger
US sues to block US Airways-American Airlines merger

The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares.

US sues to block US Airways-American Airlines merger
Chairman of Temirbank Murat Baissynov. Photo courtesy of Temirbank©
Temirbank ready to merge with Alliance Bank

Temirbank is ready to merge with Alliance Bank and is waiting for the shareholders’ decision.

Temirbank ready to merge with Alliance Bank
American Airlines, US Airways merger approved
American Airlines, US Airways merger approved

A US bankruptcy court judge approved Wednesday the merger of American Airlines and US Airways, which will create the country's largest airline.

American Airlines, US Airways merger approved
Zuckerberg, Brin join forces to extend life
Zuckerberg, Brin join forces to extend life

Famed founders of Internet rivals Google and Facebook joined forces on Wednesday to back big-money prizes for research aimed at extending human life.

Zuckerberg, Brin join forces to extend life
Photo courtesy of wordpress.com
Merger of Kazakhstan’s pension funds planned since 2010

A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.

Merger of Kazakhstan’s pension funds planned since 2010
US airline merger latest in global consolidation
US airline merger latest in global consolidation

Thursday's merger between American Airlines and US Airways marks the latest in a series of recent deals that has consolidated the airline industry.

US airline merger latest in global consolidation
American and US Airways near mega-merger
American and US Airways near mega-merger

American Airlines and US Airways are close to striking a merger deal that would create the largest airline in the United States in the latest bout of consolidation in the US aviation industry.

American and US Airways near mega-merger
Xstrata, Glencore announce new deal for massive tie-up
Xstrata, Glencore announce new deal for massive tie-up

Swiss mining group Xstrata and commodities giant Glencore said on Monday they had agreed on new terms for their tie-up to create a massive company worth about 70 billion euros ($90 billion).

Xstrata, Glencore announce new deal for massive tie-up
Kazakhstan Minister of Education and Science Bakytzhan Zhumagulov. Photo by Yaroslav Radlovskiy©
Education Minister on merging universities in Kazakhstan's seven cities

Education Ministry is considering merging the universities in Taraz, Ust-Kamenogorsk, Uralsk, Aktobe, Kostanay, Kokshetau and Shymkent.

Education Minister on merging universities in Kazakhstan's seven cities
Photo by Yaroslav Radlovskiy©
BTA could merge another Kazakhstan bank

BTA Bank, currently in pre-default condition, will possibly merge another major Kazakhstan bank.

BTA could merge another Kazakhstan bank

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