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Economy - страница 108

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Kazakhstan to borrow $1 billion Kazakhstan plans to borrow around $1 billion at foreign markets in 2013.

13 May 2013

G7 talks growth, austerity amid yen concerns The G7 top economies are set for a second day of talks aimed at spurring growth amid US-Europe divisions over the scale of austerity and renewed market focus on "currency wars".

12 May 2013

Icahn revamps Dell offer, calls buyout 'giveaway' A battle for US computer giant Dell heated up Friday as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway."

11 May 2013

New Zealand's Mighty River in strong stock market debut Shares in hydro-electric generator Mighty River Power debuted on the New Zealand stock exchange at NZ$2.73 ($2.29) Friday, a 9.2 percent premium on the NZ$2.50 initial public offer (IPO) price.

11 May 2013

Turkish Airlines reverses lipstick ban for stewardesses Turkish Airlines has reversed a ban on air hostesses wearing brightly-coloured lipstick following accusations it was trying to Islamise the company under government influence.

10 May 2013

G7 nations meet as US pressures Europe over austerity Finance ministers and central bank chiefs from the Group of Seven leading economies will meet in the English countryside on Friday for talks on spurring growth, amid US-Europe divisions over the scale of austerity.

10 May 2013

Sri Lanka cuts lending rates hoping for growth Sri Lanka's central bank Friday cut benchmark lending rates by 50 basis points, saying the move was to designed to encourage growth amid sluggish economic activity this year.

10 May 2013

Kazakhmys cuts administrative salaries by third: media Kazakhmys Corporation has axed salaries of its administrative personnel by almost one third.

08 May 2013

Branson open to total sale of Virgin Australia Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline's branding is more important to him than ownership.

08 May 2013

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GM recalls 43,500 hybrid cars in US, Canada for fire risk General Motors is recalling nearly 43,000 hybrid vehicles in the United States and around 500 in Canada to fix a defect that could cause a fire in the trunk.

08 May 2013

Australia cuts interest rate to record low 2.75 pct Australia's central bank cut interest rates to a record low of 2.75 percent Tuesday, citing weak domestic inflation coupled with a persistently high dollar as investment in the key mining sector hits its peak.

07 May 2013

Structural changes possible at Kashagan: an informed source According to the source, the country’s Minister of Oil and Gas Sauat Mynbayev reportedly asked the governor of Atyrau oblast to persuade the operator to start production early July.

06 May 2013

Current pension funds have been slashing people’s savings by 26%: PM Given all that, the decision to launch a single pension fund [to replace all the current ones] was very reasonable on the part of the Government.

06 May 2013

First commercial oil at Kashagan to be produced by July 6 The country’s Oil and Gas Ministry has been pressing the project’s operator to have the first oil secured by the capital city’s birthday.

06 May 2013

US billionaire Warren Buffett optimistic on stocks Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction.

06 May 2013

Australia halts cattle exports to Egypt Australian cattle exporters said they had suspended live shipments to Egypt Saturday after abattoir footage shot by animal rights activists showed "horrific" mistreatment of cows.

04 May 2013

Indonesia recruits civil servants to plug pilot shortage Indonesia has started to train civil servants to become flight instructors to meet demand for pilots in its fast-growing aviation industry.

04 May 2013

Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.

04 May 2013

Penfolds pops cork on 'perfect' 2008 Grange Nestled in Australia's Adelaide hills, Penfolds Magill Estate has opened its double cellar doors to launch global sales of one of the most hyped "new world" wines in recent history.

04 May 2013