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Amazon opens online shop for handmade goods Online retail colossus Amazon opened a shop showcasing handmade goods sold directly by artisans.

09 October 2015

Current tenge exchange rate is adequate: Kazakhstan central bank Governor Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.

08 October 2015

Google aims to get news to smartphones faster Google laid out a plan to make tapping into news on mobile devices faster, keeping eyeballs on stories and people visiting websites.

08 October 2015

Russia's Gazprom delays pipeline project amid Turkey tensions Russian gas giant Gazprom said its TurkStream pipeline project with Turkey would be delayed as tensions between Moscow and Ankara peak over Russia's intervention in the Syrian conflict.

08 October 2015

91,000 vehicles in Australia affected by VW cheating Volkswagen said that more than 91,000 of its vehicles in Australia are fitted with emissions-cheating technology, more than two weeks after the global scandal broke.

07 October 2015

Crisis-hit Russia toiling to keep factory towns alive The hulking Soviet-era mineral refinery in Pikalyovo, one of Russia's hundreds of factory towns hit by a crippling economic crisis, has been a blessing, and at times a curse, for a place dependent on a single industry.

07 October 2015

Facebook blow as EU court quashes transatlantic data deal Facebook and other Internet giants could be barred from sending European citizens' personal information to the US.

07 October 2015

EU warns Spain on budget as election nears The European Commission warned Spain to scale back government overspending that is in violation of EU budget rules or risk an embarrassing reprimand ahead of December elections.

06 October 2015

Kazakhstan National Bank raises base interest rate to 16% The National Bank of Kazakhstan has revised the base interest rate raising from 12 to 16 percent in order to curb inflation in Kazakhstan.

05 October 2015

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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.

02 October 2015

Kazakhstan mulling privatization of oil refineries Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.

02 October 2015

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.

01 October 2015

Petrol prices in Kazakhstan depend on Russian ruble: Shkolnik Kazakh Minister of Energy Vladimir Shkolnik says that the price for petrol in Kazakhstan will depend on the Russian ruble.

01 October 2015

'Who likes to pay tax? You don't, I don't': IMF chief The head of the International Monetary Fund, Christine Lagarde, does not enjoy paying taxes and made that clear at a conference in Washington.

01 October 2015

ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015 ADB lowered its forecast for Kazakhstan's economic growth expecting a decrease in private consumption in response to higher import prices and diminished private investment.

30 September 2015

Germany pledges 100 mln euros for refugees Germany committed an additional 100 million euros ($113 million) to UN agencies to improve assistance for refugees in their home regions.

30 September 2015

New CEO appointed at Kazmunaigas EP Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production

29 September 2015

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.

29 September 2015

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.

29 September 2015