Hungary economic 'fairy tale' comes true, or so it seems When Hungary's economy minister predicted a year ago an economic "fairy tale" for Hungary in 2013, few believed him. But recent data from the central European country show he might have been right.
12 June 2013
Kazakhstan GDP grows 5 percent in January-May 2013 GDP growth made 5 percent in January-May 2013, which is 0.2 percent higher than in January-April this year: Minister.
11 June 2013
Kazakhstan Agriculture Ministry sums up spring sowing campaign Kazakhstan Agriculture Minister Assylzhan Mamytbekov has summed up the sowing campaign.
11 June 2013
Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.
11 June 2013
Consumers in crisis-hit Spain put brakes on spending Spaniards are buying fewer cars, fewer clothes and even cutting back on smoking as a grinding recession and rising unemployment force them to slash spending, dealing a severe blow to manufacturers and shops.
11 June 2013
Russian city awaits potash boom but outlook fragile At first sight, Berezniki looks a typically bland provincial Russian outpost with its decrepit housing blocks and factory chimneys.
11 June 2013
Google to buy Israeli GPS app Waze for $1 bln: reports Google is in talks on a deal worth at least $1 billion to buy the Israel-based GPS mobile navigation app Waze.
10 June 2013
China May trade data highlights growth concerns China on Saturday reported a sharp slowdown in exports in May compared to the previous month while imports unexpectedly dropped.
09 June 2013
Airline bancruptcy gives extra vacation days to 1,000 Kazakhstan tourists in Turkey Around 1,000 Kazakhstan citizens cannot leave Antalya, Turkey, because of the Turkish air company's bankruptcy.
07 June 2013
Global innovations expert to visit Kazakhstan Global innovations expert Yonatan Adiri will render his first visit to Kazakhstan.
07 June 2013
Apple clashes with Amazon in e-book case Apple attorneys in the US antitrust case on e-books went on the offensive Thursday, attacking the credibility of government witnesses and seeking to debunk key elements of the government's case.
07 June 2013
The Government needs up to $600 million to launch the single network of ATMs run by the Central Bank Giving the network of ATMs and ATMs card business to the Central Bank the banks will have to lay off nearly 5 thousand people in the market: Halyk Bank Chairwoman of the Board.
06 June 2013
Google terminal in works at Silicon Valley airport Google jets are getting a home in an $82-million private terminal being built to cater to executives coming and going from Mineta San Jose International Airport in Silicon Valley.
06 June 2013
Central Bank Governor on Kazakhstan’s foreign debt In line with international standards, the figure is less than 16% of the country’s GDP and is no threat: Gregory Marchenko.
06 June 2013
KEGOC joins UN Global Contract This step certifies the company’s serious intention to hold leading positions in corporate management in Kazakhstan: chairman.
06 June 2013
IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.
06 June 2013
Toxic Assets Fund has been slow to buy out toxic assets: Central Bank Governor Kazakhstan’s banks should sell their NPLs at a reasonable discount (…) they had better not concentrate on such NPLs; let the Toxic Assets Fund deal with them: Gregory Marchnko.
06 June 2013
Central Bank Governor on devaluation of the national currency, the Tenge According to him, since February 2009 the Tenge has grown against the Dollar by 12%.
06 June 2013
Apple called 'facilitator' of ebook pricing shift Apple was accused of being a "facilitator" and "go-between" of a publishing industry shift that led to higher e-book prices, in testimony on Tuesday in a US antitrust trial against the firm.
06 June 2013
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