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Accident at Atyrau refinery will not cause oil products shortages No deficiency of oil products is expected in Kazakhstan, in spite of the accident at Atyrau oil definery.

17 October 2012

Cameco built sport complex in South Kazakhstan A new sport complex opened in Syntas village of Kazygurt region in South-Kazakhstan oblast.

17 October 2012

Kazakhstan harvested 12 million tons of grain According to the State Agency for Statistics, grain production in Kazakhstan in 2011 totaled 26.9 million tons (net weight).

17 October 2012

Gastronomy nourishes Spain's gourmet city Ham with brie, wild mushroom croquettes, cured-meat ravioli: gourmet cooking has put this Basque town on the gastronomic map, drawing visitors from around the world.

16 October 2012

Atyrau oil refinery suspends petrol production An accident happened on October 6 in the furnace of the catalytic reforming block of LG 35-11/300-95 unit of the Kazakhstan refinery.

15 October 2012

Kazakhstan's oil export profits unveiled Kazakhstan exported 40.1 million tons of crude oil and gas condensate in January-July 2012.

15 October 2012

Kazakhstan sold $500 million worth of gold in 6 months Kazakhstan exported 13.3 tons of untreated and semi-treated gold worth $574.6 million in January-July 2012.

15 October 2012

World economy needs action from China, EU: Geithner US Treasury Secretary Timothy Geithner said Saturday the global economy was on the mend, but more needed to be done to stoke domestic demand in China and fix Europe's fiscal woes.

14 October 2012

Beverage groups sue over New York 'supersize' ban A US beverage industry group and other businesses filed a lawsuit Friday against the administration of New York Mayor Michael Bloomberg seeking to block restrictions on sales of large soda drinks.

14 October 2012

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Fiscal policy should be 'growth friendly': IMF body The world economy needs to balance austerity with growth if it is to recover fully from the global financial crisis, a key IMF committee said in Tokyo on Saturday.

13 October 2012

'Wartime' debt threat to global economy: Lagarde Public debt in developed countries standing at "wartime levels" is the biggest threat to the global economy, IMF chief Christine Lagarde warned in Tokyo on Friday.

12 October 2012

IMF wants to give Greece two more years The International Monetary Fund is happy for debt-battered Greece to have an extra two years to bring its runaway deficit in line with the demands of global creditors.

12 October 2012

Kazakhstan to export medicines and cars to Turkmenistan Dosfarm, Hyundai Auto Truck & Bus Kazakhstan and South-Kazakhstan mechanical engineering plant has singed preliminary agreements on supplies to Turkmenistan.

12 October 2012

EU to sanction states in bid to streamline air traffic The European Commission plans to sanction EU members to nudge them into action on efforts to create a pan-European airspace that would cut costs and delays.

12 October 2012

Spain, France vow action on eurozone crisis The leaders of France and Spain vowed concerted action on the eurozone as they met on Wednesday amid IMF calls for new measures to control the debt crisis threatening the global economy.

12 October 2012

KazTransOil Director General on his Company’s readiness for People’s IPO For the recent 15 years the oil shipment capacities have grown fourfold and the Company is responsible for transportation of 60% of all the crude produced in Kazakhstan.

12 October 2012

Malaysian company wants to tap Kazakhstan's oil Sumatec Resources plans to enter Rakushechnoe field in Kazakhstan.

11 October 2012

IDB told about development of Islamic financing in Kazakhstan Chairman of ICD told about the plans for Islamic financing in Kazakhstan at the 3rd Kazakhstan conference on Islamic Financing.

11 October 2012

US sues Wells Fargo for mortgage fraud The US filed suit Tuesday against US banking giant Wells Fargo, alleging mortgage fraud that cost the government hundreds of million of dollars after the holders of the home loans defaulted.

11 October 2012