Economy - страница 144

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Moody's warns on Italy's banks Rating agency Moody's warned Monday that Italy's banks face worsening conditions over the coming year with asset quality declining, low profitability, and poor access to markets for funds.

20 November 2012

ArcelorMittal Temirtau looks to cancel annual readjustment of salaries Management of ArcelorMittal Temirtau has decided to cancel the practice of annual readjustment of its employees' salaries to inflation level.

19 November 2012

US pushing 'jobs diplomacy' after costly wars: Clinton The United States will push its economic interests more aggressively to preserve its global leadership after being tied down by two wars in the past decade, Secretary of State Hillary Clinton said Saturday.

17 November 2012

BP to pay record $4.5 bn fine over US oil spill BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and pleaded guilty to 14 counts including felony manslaughter in the deaths of 11 workers.

16 November 2012

BP says in 'advanced discussions' to settle Gulf spill case British energy giant BP said on Thursday it was in advanced discussions to settle open criminal and regulatory cases with US authorities over the 2010 Gulf of Mexico oil spill disaster.

16 November 2012

Obama stands firm on taxes in fiscal cliff showdown US President Barack Obama told opposition Republicans they would have to accept tax increases for the rich if the country was to avoid going over the fiscal cliff.

15 November 2012

BHP sells diamond assets for $500 million The world's largest miner BHP Billiton on Wednesday said it was exiting the diamond industry, selling its Canadian assets to retailer Harry Winston Diamond Corp. for US$500 million.

15 November 2012

Samsung plans no settlement with Apple: executive Samsung has no plans to follow Taiwanese firm HTC in seeking a settlement over its patent disputes with Apple.

14 November 2012

Central Bank Governor reports to President Nazarbayev At the meeting they dwelt on ways to expand lending through attracting fund from pension funds, insurance companies and foreign investors.

14 November 2012

TENGRI LIFE

TENGRI TRAVEL

BBC showed 'basic' journalistic failings in abuse story The BBC showed "basic" journalistic failures in a news report in which it wrongly accused a senior politician of child abuse, an internal investigation has found.

13 November 2012

Islamic Bank allocated $25 million to Kazakhstan farmers The Fund for Financial Support to Agriculture has started a series of seminars on Islamic financing for personnel of branches and representative offices in 11 regions of Kazakhstan.

13 November 2012

Kazakhstan citizens drink most alcohol in Central Asia Kazakhstan is Number One in Central Asia by alcohol abuse.

12 November 2012

Calls for BBC overhaul after chief quits in abuse row The chairman of the BBC's governing board called Sunday for radical change in the world's largest broadcaster after it was plunged into crisis following the resignation of its chief executive in a sex abuse row.

12 November 2012

Greece eyes fresh bailout funds after budget passed The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.

12 November 2012

IMF slashes Kazakhstan's 2012 GDP growth forecast again The International Monetary Fund lowered the growth forecast for Kazakhstan’s gross domestic product in 2012 from 5.5 to 5 percent.

12 November 2012

Falling aluminium prices hit Rusal earnings Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.

12 November 2012

Belarus interested in resuming oil import from Kazakhstan Growth of Kazakhstan import to our country may be secured by resuming supplies of hydrocarbons and oil products for processing by Belarus companies: deputy PM.

12 November 2012

Apple still perched high, but seems vulnerable Apple, the world's biggest and perhaps most admired company, seems to have lost some of its luster.

11 November 2012

US not ready for Basel III bank rules: Treasury The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.

10 November 2012