EU ministers agree on new bank rescue rules
European finance ministers on Thursday agreed a draft deal on new rules for bank rescues that will only allow bailouts by taxpayers in exceptional cases and shift the burden onto bank owners, creditors and large depositors.
Moody’s Investors Service on Kazkahstan’s 2013 GDP
According to the rating agency, GDP can be maintained at 5% in 2014, with the growth depending on the giant Kashagan oilfield expected to start commercial production later this year.
Moody’s Investors Service on Kazakhstan’s banking sector
The banking system outlook remains negative, experts believe, assigning the problem “to the high share of NPLs and weakened lending growth.
Miner ENRC rejects £3.0-bn bid by Kazakh consortium
Mining giant Eurasian Natural Resources Corp rejected a £3.04-billion ($4.67-billion) takeover offer from a consortium comprising the Kazakh government and the founders of ENRC.
Pavlodar refinery suspended for overhaul
The overhaul will last for one month, until July 25: Director General of Pavlodar Oil Chemical Plant Shukhrat Danbai.
Kazakhstan bans use of Omsk refinery's bitumen in road construction
The bitumen produced by Omsk oil refinery has insufficient rutting resistance: Transport Ministry.
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.
Apple slumps below $400 after analyst comments
Apple shares fell briefly below $400 Monday after an analyst said the iconic gadget maker is to slash production of its iPhones.
EU leaders meet as doubts grow over future
EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.