French minister vows to cut red tape for investors French minister vows to cut red tape for investors A French minister vowed Thursday to cut bureaucracy in a bid to lure foreign investors, and said her South Korean roots would help to boost France's profile in booming Asia.
07 March 2013
ArcelorMittal Temirtau to cut 3,000 jobs ArcelorMittal Temirtau to cut 3,000 jobs ArcelorMittal Temirtau is lowering the production volumes mainly because of oversupply of steel at the global market, and axes jobs.
07 March 2013
Kazakhstan MP suggests axing private journalism schools Kazakhstan MP suggests axing private journalism schools Majilis deputy Aldan Smaiyl has suggested to axe journalism schools in private universities and open one media institute instead.
06 March 2013
Central Bank Governor believes it’s time local banks turned to external borrowing Central Bank Governor believes it’s time local banks turned to external borrowing He reminded that the banking sector’s debt reached its peak back in 2007 making up $47 billion, whereas today the figure stands at $10.6 billion.
06 March 2013
Five Kazakhstan citizens on Forbes richest list Five Kazakhstan citizens on Forbes richest list Forbes magazine included 5 Kazakhstan citizens in the updated list of the richest people on the planet.
06 March 2013
Firm sorry for 'Keep Calm and Rape' shirts Firm sorry for 'Keep Calm and Rape' shirts A T-shirt company has issued an apology for advertising tops with slogans such as "Keep Calm and Rape A Lot" and "Keep Calm and Kill Her", with its founder saying Wednesday the firm may go under.
06 March 2013
Average salary at Atyrau oil refinery stands at 270 thousand tenge Average salary at Atyrau oil refinery stands at 270 thousand tenge In 2011 the salaries at the Kazakhstan refinery went 25 percent up and then were raised by 30 percent in 2012.
05 March 2013
GDP growth forecast at 6-7 percent in Kazakhstan in 2013-2017 GDP growth forecast at 6-7 percent in Kazakhstan in 2013-2017 The economy growth has to be more stable in 2013: Kazakhstan Minister.
05 March 2013
Spanish shirt-seller is world's third-richest man Spanish shirt-seller is world's third-richest man The recession ravaging Spain's economy has not held back Amancio Ortega, a railwayman's son from Galicia, who has just leaped to third place in Forbes magazine's listing of the richest people in the world.
05 March 2013
Most of Kazakhstan companies train their personnel Most of Kazakhstan companies train their personnel 67 percent of Kazakhstan’s companies train their employees.
04 March 2013
Economic gloom overshadows euro finance ministers meeting Economic gloom overshadows euro finance ministers meeting Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.
04 March 2013
Air China to buy 31 Boeing planes Air China to buy 31 Boeing planes Air China signed an agreement Friday to buy 31 Boeing passenger and cargo planes from Boeing, subject to government approval.
02 March 2013
Judge slashes $1 bn Samsung-Apple penalty in half Judge slashes $1 bn Samsung-Apple penalty in half A judge on Friday cut $450 million from a $1 billion award to be paid by Samsung in a landmark patent lawsuit from Apple, saying a jury had wrongly calculated the damages.
02 March 2013
$85 billion austerity hit lines up US economy $85 billion austerity hit lines up US economy An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.
02 March 2013
Kazakhstan copper tycoon to leave his post in Kazakhmys in May Kazakhstan copper tycoon to leave his post in Kazakhmys in May Chairman of Kazakhmys Vladimir Kim will leave his post after the general meeting to be held in May 2013.
01 March 2013
Asian markets mostly down, weak China data Asian markets mostly down, weak China data Asian markets were mostly lower on Friday as traders took a breather after healthy gains in the previous session while Chinese data showed growth in manufacturing activity had slowed.
01 March 2013
Shymkent faces construction boom Shymkent faces construction boom Kazakhstan's southern city of Shymkent will become a major metropolis in 4 years: chief architect of South-Kazakhstan oblast Ashirbayev.
01 March 2013
Facebook buys advertising firm from Microsoft Facebook buys advertising firm from Microsoft Facebook agreed Thursday to buy Atlas Advertiser Suite from Microsoft as part of an effort to boost ad revenues at the massive social network.
01 March 2013
Royal Bank of Scotland posts 2012 net loss of £5.971 billion Royal Bank of Scotland posts 2012 net loss of £5.971 billion State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
28 February 2013

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