G7 nations meet as US pressures Europe over austerity 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 15:57
Sri Lanka cuts lending rates hoping for growth 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 11:34
Kazakhmys cuts administrative salaries by third: media Kazakhmys cuts administrative salaries by third: media Kazakhmys Corporation has axed salaries of its administrative personnel by almost one third.
08 May 2013 14:52
Branson open to total sale of Virgin Australia 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 12:57
Kazakhstan's balance $1.65 billion in black Kazakhstan's balance $1.65 billion in black Kazakhstan's current accounts balance was $1.65 billion in surplus in January-March 2013.
08 May 2013 11:58
GM recalls 43,500 hybrid cars in US, Canada for fire risk 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 10:49
Australia cuts interest rate to record low 2.75 pct 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 16:57
Structural changes possible at Kashagan: an informed source 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 13:51
Current pension funds have been slashing people’s savings by 26%: PM 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 12:46
US billionaire Warren Buffett optimistic on stocks 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 11:00
Australia halts cattle exports to Egypt 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 18:44
Indonesia recruits civil servants to plug pilot shortage 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 17:08
Commodity prices hit by weak global outlook 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 16:15
Penfolds pops cork on 'perfect' 2008 Grange 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 13:20
KazMunaiGas closes $3 billion deals KazMunaiGas closes $3 billion deals KazMunaiGas National Company has successfully closed the deals on placement of 10-year and 30-year Eurobonds raising $3 billion.
03 May 2013 15:38
KazakhTelecom buys Digital TV KazakhTelecom buys Digital TV Kazakhstan national telecommunications company KazakhTelecom has purchased 100-percent of Digital TV.
03 May 2013 14:04
Oil takes breather in Asia after strong rally Oil takes breather in Asia after strong rally Oil prices took a breather in Asian trade Friday as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.
03 May 2013 12:45
China controls almost 40 percent of Kazakhstan's hydrocarbons: media China controls almost 40 percent of Kazakhstan's hydrocarbons: media China already controls almost 40 percent of Kazakhstan’s hydrocarbon assets: Indian media.
02 May 2013 18:44
Japan, France firms win Turkey nuclear contract: report Japan, France firms win Turkey nuclear contract: report Japan's Mitsubishi Heavy Industries and France's Areva have won a multi-billion dollar contract to build a nuclear power plant on the Black Sea.
02 May 2013 16:25

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