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©Tengrinews
Samruk Kazyna transfers 10% of KazMunaiGas stock to National Bank

Samruk Kazyna has transfered 10% of KazMunaiGas stock to the National Bank of Kazakhstan.

Samruk Kazyna transfers 10% of KazMunaiGas stock to National Bank
Photo © REUTERS
Nurzhan Subkhanberdin sells KazKom shares to Kenes Rakishev

The principle shareholder of Kazkommertsbank Nurzhan Subkhanberdin has sold a part of his common shares in the bank to Kenes Rakishev.

Nurzhan Subkhanberdin sells KazKom shares to Kenes Rakishev
Photo © REUTERS
KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna

KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.

KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna
©RIA Novosti
Kazkom falls 40% in half a year

Kazkommertsbank is the largest private bank in Kazakhstan with a total market share of 24%.

Kazkom falls 40% in half a year
Zhomart Yertayev ©Yaroslav Radlovskiy
Kazakh businessman buys into major cable TV operator

Zhomart Yertayev, a Kazakh businessman and consultant of Bank RBK Directors Board is purchasing a 50 percent stake in Alma TV company.

Kazakh businessman buys into major cable TV operator
Snapshot of KAZ Minerals website
Kazakhstan's Kazakhmys completes restructuring, renamed to KAZ Minerals

Kazakhstan's Kazakhmys Group has completed the restructuring process and has changed its name to KAZ Minerals Plc.

Kazakhstan's Kazakhmys completes restructuring, renamed to KAZ Minerals
©airastana.com
No People's IPO for Air Astana in near future: Samruk Kazyna

Air Astana has no immediate plans to float its shares in the People’s IPO in Kazakhstan.

No People's IPO for Air Astana in near future: Samruk Kazyna
Twitter flies on surprisingly strong numbers
Twitter flies on surprisingly strong numbers

Twitter shares shot higher by some 30 percent after its quarterly report showed surprisingly strong revenue and user growth, despite a widening loss.

Twitter flies on surprisingly strong numbers
©Reuters/Umit Bektas
Shell reduces holding in Woodside

Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.

Shell reduces holding in Woodside
Businessman Kenes Rakishev ©wikipedia.org
Kenes Rakishev buys into Magnum Cash & Carry

Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.

Kenes Rakishev buys into Magnum Cash & Carry
Elena Bakhmutova. Photo ©Yaroslav Radlovskiy
KEGOC might float stock this December

KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.

KEGOC might float stock this December
Apple splitting stock as iPhone sales soar
Apple splitting stock as iPhone sales soar

Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."

Apple splitting stock as iPhone sales soar
Samruk-Kazyna Head on forthcoming IPOs and privatization plans

According to him, plans are there to offer shares in 103 companies belonging to Samruk-Kazyna in 2014-2016.

Samruk-Kazyna Head on forthcoming IPOs and privatization plans
BlackBerry posts fresh losses, but sees upside
BlackBerry posts fresh losses, but sees upside

BlackBerry reported fresh losses Friday but offered some reasons for optimism as the smartphone maker struggles to escape from a death spiral.

BlackBerry posts fresh losses, but sees upside
©Reuters/Brendan McDermid
Herbalife faces FTC inquiry after activist campaign

The US Federal Trade Commission has opened a civil investigation into Herbalife.

Herbalife faces FTC inquiry after activist campaign
Photo a courtesy of Tengrinews.kz
Samruk-Kazyna to sell KazKom stake for $433million

The National Welfare Fund Samruk-Kazyna plans to raise $433 million by selling its stake in Kazkommertsbank.

Samruk-Kazyna to sell KazKom stake for $433million
©Reuters/Shannon Stapleton
Apple quickly buys back $14 bn in shares: report

Apple gobbled up $14 billion worth of its shares in the two weeks after earnings figures disappointed the market.

Apple quickly buys back $14 bn in shares: report
Twitter takes hit as user growth disappoints
Twitter takes hit as user growth disappoints

Twitter got a reality check Wednesday as the high-flying messaging company reported modest user growth during a quarter in which it lost $511 million.

Twitter takes hit as user growth disappoints
Apple shares tumble despite new revenue high
Apple shares tumble despite new revenue high

Record iPhone and iPad sales pushed Apple quarterly revenue to a new high but shares tumbled Monday over concerns of weaker profits ahead in fierce mobile gadget markets.

Apple shares tumble despite new revenue high
Microsoft tops expectations with record revenue
Microsoft tops expectations with record revenue

Microsoft soared to record revenues in the last quarter, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services.

Microsoft tops expectations with record revenue