S&P upgrades Ukraine from 'selective default' S&P upgrades Ukraine from 'selective default' Standard and Poor's upgraded Ukraine's credit rating from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.
20 October 2015
We are approaching a more severe crisis than the one we faced back in 2007-2009: President Nazarbayev We are approaching a more severe crisis than the one we faced back in 2007-2009: President Nazarbayev According to him, due to falling global prices for hydrocarbons, budget revenues have dropped by 40%. Besides, global prices are falling for major Kazakhstan’s commodities.
20 October 2015
Brazil finance minister to keep job: president Brazil finance minister to keep job: president Brazilian President Dilma Rousseff sprang to the defense of her embattled finance minister, saying she would not be pressured into sacking him.
19 October 2015
Troubled Deutsche Bank announces sweeping restructuring Troubled Deutsche Bank announces sweeping restructuring Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.
19 October 2015
Former Microsoft CEO Ballmer discloses Twitter stake Former Microsoft CEO Ballmer discloses Twitter stake Former Microsoft chief executive Steve Ballmer disclosed that he has taken a four percent stake in Twitter, expressing confidence in the messaging platform's new management team.
17 October 2015
Greece adopts more painful reforms demanded by creditors Greece adopts more painful reforms demanded by creditors Greece's parliament narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds.
17 October 2015
EU clears chipmaker Intel's $16.7 bn buyout of Altera EU clears chipmaker Intel's $16.7 bn buyout of Altera EU regulators cleared Intel, the world's biggest chipmaker, to buy US firm Altera for $16.7 billion in one of the largest ever Silicon Valley deals.
15 October 2015
Putin asks IMF to help Ukraine pay off $3 billion debt to Russia Putin asks IMF to help Ukraine pay off $3 billion debt to Russia President Vladimir Putin called on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay off its debt to Russia.
14 October 2015
Facebook to test mobile app shopping tab Facebook to test mobile app shopping tab Facebook said that it will begin testing a shopping tab for its mobile app as it works to ramp up advertising and online commerce offerings.
13 October 2015
Facebook says no to 'dislike' button but tests 'sad' and 'angry' ones Facebook says no to 'dislike' button but tests 'sad' and 'angry' ones Facebook will begin testing a new feature allowing users in Ireland and Spain to express a range of emotions on posts -- but there will be no "dislike" button, the social network said.
09 October 2015
Amazon opens online shop for handmade goods Amazon opens online shop for handmade goods Online retail colossus Amazon opened a shop showcasing handmade goods sold directly by artisans.
09 October 2015
Current tenge exchange rate is adequate: Kazakhstan central bank Governor Current tenge exchange rate is adequate: Kazakhstan central bank Governor Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.
08 October 2015
Google aims to get news to smartphones faster Google aims to get news to smartphones faster Google laid out a plan to make tapping into news on mobile devices faster, keeping eyeballs on stories and people visiting websites.
08 October 2015
Russia's Gazprom delays pipeline project amid Turkey tensions Russia's Gazprom delays pipeline project amid Turkey tensions Russian gas giant Gazprom said its TurkStream pipeline project with Turkey would be delayed as tensions between Moscow and Ankara peak over Russia's intervention in the Syrian conflict.
08 October 2015
91,000 vehicles in Australia affected by VW cheating 91,000 vehicles in Australia affected by VW cheating Volkswagen said that more than 91,000 of its vehicles in Australia are fitted with emissions-cheating technology, more than two weeks after the global scandal broke.
07 October 2015
Crisis-hit Russia toiling to keep factory towns alive Crisis-hit Russia toiling to keep factory towns alive The hulking Soviet-era mineral refinery in Pikalyovo, one of Russia's hundreds of factory towns hit by a crippling economic crisis, has been a blessing, and at times a curse, for a place dependent on a single industry.
07 October 2015
Facebook blow as EU court quashes transatlantic data deal Facebook blow as EU court quashes transatlantic data deal Facebook and other Internet giants could be barred from sending European citizens' personal information to the US.
07 October 2015
EU warns Spain on budget as election nears EU warns Spain on budget as election nears The European Commission warned Spain to scale back government overspending that is in violation of EU budget rules or risk an embarrassing reprimand ahead of December elections.
06 October 2015
Kazakhstan National Bank raises base interest rate to 16% Kazakhstan National Bank raises base interest rate to 16% The National Bank of Kazakhstan has revised the base interest rate raising from 12 to 16 percent in order to curb inflation in Kazakhstan.
05 October 2015

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