McDonald's Japan hit by another food scandal
McDonald's in Japan said it was investigating an incident involving a customer who was injured by plastic shards found inside a drink, the latest in a string of food contamination scandals.
Capital outflow to neighboring Russia totaled $11 billion in 2014 due to efforts to maintain tenge exchange rate
The part of the country’s FX and gold reserves spent earlier to maintain the tenge exchange rate [before the decision was taken August 20 to let the tenge float freely] was actually spent to bolster Russia’s economy: Halyk Bank Head.
Rousseff says Brazil will try to get out of first budget deficit
After presenting Brazil's first ever budget deficit, President Dilma Rousseff promised that her government will work hard to get back in the black.
Tesla to produce 'economical' Model 3 in two years
Tesla will begin producing the "lower cost" Model 3 in two years, Elon Musk, the founder of the luxury electric carmaker said..
How new monetary policy will affect country’s banking system
Under such circumstances minor players of the market might opt for merging into bigger entities: Mr. Olzhas Khudaibergenov, Head of the Center for Macroeconomic Studies.
Russia's Aeroflot set to buy competitor Transaero
Russia's state-controlled flagship airline Aeroflot is set to buy its struggling competitor Transaero.
Asia doing "pretty well" despite China slowdown: IMF chief
International Monetary Fund chief Christine Lagarde declared Asian economies were doing "pretty well" despite the volatility caused by China's slowdown.
Tesla car gets best-ever rating from Consumer Reports
A new Tesla electric car has earned the best-ever vehicle rating from Consumer Reports, sending shares of the automaker racing higher.
France's economy minister stumbles on 35-hour-week, again
France's divisive economy minister has once again made waves among Socialists by criticising the country's sacrosanct 35-hour week just as the ruling party gathers for its annual conference.