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Economy - страница 128

Oil news Kazakhstan Kazakh Kashagan ConocoPhillips Yahoo! United States trade shares finance Americas reserves National Bank gold pension fund Marchenko gas Russia railroad Kazakhstan Temir Zholy CIS transparency budget strike salary Mangistau drilling Aktau profit EXPO-2017 Astana Customs Union customs Sberbank refinery pipeline China summit Latin America Europe CELAC agreement threat David Cameron Great Britain investment Starbucks tax company value loss Apple music France Fair production manufacturing engineering

KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield Kazakhstan Government may decide on purchasing the stake before July 2013.

30 January 2013

Yahoo! shares bounce as profit tops expectations Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.

30 January 2013

Kazakhstan boosting share of gold in gold and FX reserves According to National Bank Vice Governor Bissengali Tadzhiyakov, the share of gold in the country’s gold and FX reserves stands at 22% at the moment.

29 January 2013

Current pension funds could be transformed into asset management companies: Central Bank Governor According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.

29 January 2013

Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks In a separate statement the O&G Minister told that this year Kazakhstan would lift the moratorium on developing new hydrocarbons deposits.

28 January 2013

Kazakhstan and Russia agreed on joint use of freight wagons KazTemirTrans and Federal Freight Company signed a memorandum of cooperation in joint use of freight rolling stock.

28 January 2013

Kazakhstan's budget became more transparent Kazakhstan has improved the residents’ access to the budget information over the past 2 years.

28 January 2013

Striking drillers of Mangistau oblast promised 13th salary Striking workers of Si Bu Engineering Drilling Company went back to work after a successful meeting with their oblast's Governor.

28 January 2013

Profits from EXPO-2017 may reach $900 million Kazakhstan experts have calculated that the EXPO-2017 exhibition in Astana may generate from $520 to $910 million in profits.

28 January 2013

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Central Bank Governor on the upside and downside of the suggested single pension fund According to him, if there is a single pension fund managed directly by the Government or by the National Fund, there will be no deals closed with affiliated companies.

28 January 2013

National Bank shouldn’t act as both the owner and regulator of the single pension fund: Gregory Marchenko President made the decision to the benefit of the nation (…) and it will be brought to life, Central Bank Governor pledged.

28 January 2013

Russia’s Sberbank President German Gref is concerned over Kazakhstan’s moves to restrict operations of foreign banks Due to a Samruk-Kazyna’s decision the bank’s Kazakhstan subsiary may lose $800 million deposited by legal entities.

28 January 2013

1000 laid off Kazakhstan workmen to be hired to modernize Atyray oil refinery According to Atyray Region Vice Governor, over 7 000 people were laid off following completion of the construction works at Bolashak oil refinery in Karabatan in 2012.

28 January 2013

Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline Since the pipeline was launched in 2006 the volume of crude has been growing by 20% a year on average.

28 January 2013

LatAm, Europe back free trade, eye strategic alliance European and Latin American leaders have pledged to shun protectionism and boost their strategic partnership to foster free trade and sustainable development based on close international cooperation.

27 January 2013

Starbucks may pull British investment over tax issue: report Starbucks has threatened to suspend millions of pounds of investment in Britain over what it sees as unfair targeting by Prime Minister David Cameron over its tax affairs.

27 January 2013

Apple loses world's most valuable company crown Apple shares extended their losses Friday, ending a miserable week for the California tech giant as it surrendered its position as the world's biggest company based on market value.

27 January 2013

Music industry finally on road to recovery News that the global music industry has finally turned the corner and is on the road to recovery should help get the annual four-day gathering of many of the world's top music execs at the MIDEM trade fair.

26 January 2013

Kazakhstan Temir Zholy to increase manufacturing 30-fold by 2015 In 2008 the volume of railroad manufacturing was totally worth 10 billion tenge and this year in 2012 it made 155 billion tenge: Askar Mamin.

25 January 2013