Economy - страница 117

Portugal PM announces severe spending cuts Portuguese Prime Minister Pedro Passos Coelho called for severe cuts in public spending after a court rejected a number of austerity measures.

08 April 2013

KEGOC plans to earn $53 million in 2013 This year we expect to receive over 8 billion tenge in net profit: KEGOC chairman. He believe his company independent from the market.

08 April 2013

Sudan says S. Sudan oil exports to resume by end May South Sudanese oil will be shipped again from Sudan by the end of May, official media said on Saturday, after a shutdown of more than a year which cost both impoverished nations billions of dollars.

07 April 2013

Britain brings in ban on 'rip-off' surcharges A ban on "rip-off" surcharges imposed on credit card spending came into force in Britain on Saturday, meaning traders must ensure that the extra fees reflect genuine processing costs.

06 April 2013

Toyota pays $16 million to settle US acceleration suit Toyota has agreed to a $16 million deal with a southern Californian county over charges the Japanese auto giant hid safety issues linked to unintended acceleration of cars.

06 April 2013

Kazakhstan to increase oil exports to China Kazakhstan and China have signed a number of bilateral documents within the frameworks of the President Nazarbayev’s visit to China.

06 April 2013

Kazakhstan planning to boost oil production output to 120 million tons a year by 2020: PM Serik Akhmetov In 2012 Kazakhstan produced a total of 79.211 million tons, including condensed gas, 1.1% down as compared to 2011.

05 April 2013

Kazakhstan's Q1 gold and FX reserves announced The National Oil Fund’s assets as of April 1, 2013 stood at $59.806, 3.53% up against the start of the year.

05 April 2013

Kyrgyzstan to cut down on electric power exports to Kazakhstan in 2013 The major reason for reducing the power exports is the currently lower level of water in the Toktogul water reservoir.

05 April 2013

TENGRI LIFE

TENGRI TRAVEL

Rosneft wants to control Russian oil export to Kazakhstan Rosneft has applied to Medvedev with a suggestion to make the company the sole coordinator of all supplies of Russian oil to Kazakhstan.

04 April 2013

People's IPO to start for KEGOC on May 13 Acceptance of applications for common shares of KEGOC under the People's IPO program will start on May 13.

04 April 2013

Shell puts last Australian refinery on market Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.

04 April 2013

GM, Ford, Chrysler post best US sales since 2007 General Motors, Ford and Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.

03 April 2013

Astana most expensive city in Central Asia Astana has turned out to be the most expensive city with an average cost of living at $2,604.

03 April 2013

Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.

03 April 2013

Arkansas opens probe into ExxonMobil spill Arkansas opened an investigation into an ExxonMobil pipeline that unleashed thousands of barrels of crude and forced the evacuation of 22 homes.

03 April 2013

Early retirement possible with enough savings: Kazakhstan Minister The current savings threshold in Kazakhstan is 3.1 million tenge ($20.7 thousand) for women and 2.8 million tenge ($18.7 thousand) for men.

02 April 2013

Kazakhstan mulls restricting oil products import from Russia in 2013 Kazakhstan might restrict import of oil products from Russia until the end of 2013.

02 April 2013

Kazakhstan to sow wheat at 13 million hectares in 2013 The plan is to sow crops at the area of 21.4 million hectares, which is almost at the level of 2012: Kazakhstan Minister.

02 April 2013