Lagarde hopes Europe will 'one day' appreciate IMF Lagarde hopes Europe will 'one day' appreciate IMF IMF chief Christine Lagarde hopes the new Greek government "will hold" and that "one day" the Fund's work in Europe, currently the target of criticism.
28 June 2013
Murdoch, Abu Dhabi group eye Financial Times: report Murdoch, Abu Dhabi group eye Financial Times: report Media mogul Rupert Murdoch and Abu Dhabi's state media group are in talks to acquire the Financial Times Group for about $1.2 billion.
28 June 2013
Gazprom abandons arctic gas project for now Gazprom abandons arctic gas project for now Russia's energy giant Gazprom said on Thursday it was giving up development of the Shtokman natural gas field under the arctic Barents Sea until new technology made the project viable.
28 June 2013
China may enter the giant Kashagan project: media reports China may enter the giant Kashagan project: media reports It’s likely that the announcement of China entering the project will be made early July as China has made a higher bid than India: unidentified source.
28 June 2013
GM to invest $691 million to boost Mexico operations GM to invest $691 million to boost Mexico operations General Motors announced Wednesday that it will invest $691 million to boost its operations in Mexico, a nation whose low wages and proximity to the United States are increasingly attracting automakers.
27 June 2013
EU ministers agree on new bank rescue rules 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.
27 June 2013
Moody’s Investors Service on Kazkahstan’s 2013 GDP 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.
26 June 2013
Moody’s Investors Service on Kazakhstan’s banking sector 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.
26 June 2013
Miner ENRC rejects £3.0-bn bid by Kazakh consortium 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.
25 June 2013
Kazakhstan bans use of Omsk refinery's bitumen in road construction Kazakhstan bans use of Omsk refinery's bitumen in road construction The bitumen produced by Omsk oil refinery has insufficient rutting resistance: Transport Ministry.
25 June 2013
New York oil soars after Canadian pipelines shut 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.
25 June 2013
Apple slumps below $400 after analyst comments 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.
25 June 2013
EU leaders meet as doubts grow over future 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.
25 June 2013
Kazakhstan's investments grow 10,000 tenge per capita Kazakhstan's investments grow 10,000 tenge per capita Compared to last year investments per capita grew 10 thousand tenge ($66.7) and made 102.5 thousand tenge ($683) in H1 2013 in Kazakhstan.
24 June 2013
British economy 'out of intensive care': Osborne British economy 'out of intensive care': Osborne Finance minister George Osborne on Sunday said the British economy was "out of intensive care" but that government would stick to a path of deep cuts to public spending.
24 June 2013
Korean company mulls buying Rakhat confectionery plant Korean company mulls buying Rakhat confectionery plant Korean company Lotte Confectionery mulls buying Kazakhstan’s biggest confectionery plant Rakhat located in Almaty.
24 June 2013
EU finance minister talks break down on bank closure regime EU finance minister talks break down on bank closure regime European Union finance ministers failed early Saturday to reach an agreement on how to close down failing banks before they can do too much damage to the wider economy.
24 June 2013
US cuts prison term of disgraced Enron CEO Skilling US cuts prison term of disgraced Enron CEO Skilling A US judge cut 10 years off the prison sentence of disgraced former Enron chief executive Jeff Skilling on Friday after he spent years fighting his original 24-year jail term for fraud.
23 June 2013
Hershey pays $4 mn fine for chocolate price-fixing Hershey pays $4 mn fine for chocolate price-fixing US candy maker Hershey on Friday pleaded guilty to participating in a chocolate price-fixing scheme and paid a CAN$4 million (US$4.2 million) fine.
22 June 2013

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