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 19:46
Brazil president reshuffles cabinet to avert disaster Brazil president reshuffles cabinet to avert disaster Brazilian President Dilma Rousseff ordered a government reshuffle, axing eight ministries in what was announced as a cost-cutting measure but seemed aimed at ending political paralysis.
03 October 2015 17:32
Bankruptcy 'only option' for Russia's Transaero airline: minister Bankruptcy 'only option' for Russia's Transaero airline: minister Bankruptcy is the only solution for Russia's second largest airline Transaero after state-controlled Aeroflot backed out of purchasing the debt-laden carrier.
02 October 2015 16:04
Kazakhstan mulling privatization of oil refineries Kazakhstan mulling privatization of oil refineries Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.
02 October 2015 13:12
VW revs up recall plan, hunts for culprits in pollution scam VW revs up recall plan, hunts for culprits in pollution scam German auto giant Volkswagen shifted up a gear in its plans to recall millions of cars fitted with pollution-cheating software as it boosted efforts to find the masterminds behind the scam.
01 October 2015 15:50
Petrol prices in Kazakhstan depend on Russian ruble: Shkolnik Petrol prices in Kazakhstan depend on Russian ruble: Shkolnik Kazakh Minister of Energy Vladimir Shkolnik says that the price for petrol in Kazakhstan will depend on the Russian ruble.
01 October 2015 14:52
'Who likes to pay tax? You don't, I don't': IMF chief 'Who likes to pay tax? You don't, I don't': IMF chief The head of the International Monetary Fund, Christine Lagarde, does not enjoy paying taxes and made that clear at a conference in Washington.
01 October 2015 14:15
ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015 ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015 ADB lowered its forecast for Kazakhstan's economic growth expecting a decrease in private consumption in response to higher import prices and diminished private investment.
30 September 2015 17:47
Germany pledges 100 mln euros for refugees Germany pledges 100 mln euros for refugees Germany committed an additional 100 million euros ($113 million) to UN agencies to improve assistance for refugees in their home regions.
30 September 2015 11:44
Yahoo to spin off Alibaba stake despite tax question Yahoo to spin off Alibaba stake despite tax question Yahoo notified US regulators that it is proceeding with plans to spin off its multi-billion-dollar stake in Alibaba despite the unanswered question of what the tax bill could be.
29 September 2015 16:08
VW says 1.8 mn commercial vehicles fitted with emission-cheating software VW says 1.8 mn commercial vehicles fitted with emission-cheating software German auto giant Volkswagen said that 1.8 million of its commercial vehicles worldwide are fitted with the sophisticated software enabling them to cheat emission tests.
29 September 2015 16:01
Kazakhstan improves position in world flight safety ranking Kazakhstan improves position in world flight safety ranking Kazakhstan's compliance with International Civil Aviation Organization (ICAO) standards has risen from 47 to 65 percent.
28 September 2015 19:22
Tesla boss Musk calls for 'random emission' testing Tesla boss Musk calls for 'random emission' testing Tesla chief executive Elon Musk called for fossil fuel-powered cars "to be tested at random," as German giant Volkswagen's worldwide pollution cheating scandal continues.
26 September 2015 13:07
Apple under fire for factory conditions as iPhone launches Apple under fire for factory conditions as iPhone launches A labour rights group marked the launch of Apple's latest iPhone with a report accusing one of the smartphone giant's Chinese suppliers of exploiting factory workers.
26 September 2015 12:05
Kazakh tenge per US dollar exchange rate forecast Kazakh tenge per US dollar exchange rate forecast In September, the US dollar rate in Kazakhstan will fluctuate in the range of 265-295 tenge per one US dollar, according to Anna Bodrova.
25 September 2015 19:23
Why intervene with tenge free float? Why intervene with tenge free float? Deputy Chairman of the National Bank of Kazakhstan Kuat Kozhakhmetov has commented on the recent interventions of the financial regulator.
25 September 2015 18:47
Porsche chief Mueller to take the wheel at VW: report Porsche chief Mueller to take the wheel at VW: report The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen.
25 September 2015 10:05
With iPhone launch, Apple eyes better customer connection With iPhone launch, Apple eyes better customer connection It's not just another iPhone launch. This time, Apple is pushing not only a new device, but what it says is a new relationship with its customers
23 September 2015 14:46
Impact of China slowdown bigger than expected: IMF chief Impact of China slowdown bigger than expected: IMF chief The impact of China's economic slowdown on the global economy is bigger than previously thought, the head of the International Monetary Fund said.
23 September 2015 11:36

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