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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

EU budget talks collapse The first round in two weeks of tough talks on the European Union budget collapsed Friday after austerity-minded states refused to plug a 2012 budget shortfall in funds destined for Europe's needy.

10 November 2012

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Poland urges no veto on tricky 2014-2020 EU budget Poland on Friday urged net beneficiary EU members not to block talks on the contentious 2014-2020 budget proposed by Brussels which the 27-member bloc is expected to focus on at an upcoming summit.

10 November 2012

Japan must decide on trade pact before polls: minister A government minister on Friday said Japan had to decide on its participation in a huge Pacific-wide free trade deal before national polls, in what could be an early salvo in the election campaign.

09 November 2012

Chevron assets frozen in Argentina over Ecuador case An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.

09 November 2012

Kazakhstan’s Senate approves of the 2012-2014 draft budget The draft budget envisages decreasing revenues, reduced spending and widening deficit.

09 November 2012

Drought halves Kazakh grain harvest The grain harvest in Kazakhstan almost halved this year following a severe drought.

08 November 2012

Abramovich eyes Australian gas investment - report Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.

08 November 2012

Merkel in Britain for tough budget talks with Cameron German Chancellor Angela Merkel and British Prime Minister David Cameron held talks over the EU's hotly contested budget in London on Wednesday with both agreeing that the bloc needed to heed public opinion.

08 November 2012

ECB's not set to fire 'bazooka' yet The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.

08 November 2012

Greek lawmakers to vote on austerity amid strikes Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.

08 November 2012

Cosmetics giant L'Oreal opens huge Indonesia plant Cosmetics giant L'Oreal on Wednesday opened its biggest factory in the world in Indonesia, as it seeks to profit from strong demand for beauty products in fast-growing Asia.

07 November 2012