Judgement day looms for euro When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.
03 September 2012
Bernanke signals desire for more Fed stimulus US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday and argued for fresh action to stimulate growth from the central bank.
02 September 2012
Standard & Poor's cuts Catalonia debt rating to junk status Standard & Poor's slashed Catalonia's debt to junk-bond status Friday, warning of looming financial tensions with Spain's central government.
02 September 2012
Japan court rejects Apple patent claims against Samsung A Japanese court Friday rejected Apple's claim that Samsung stole its technology, dealing a blow to the iPhone maker after last week winning $1.05 billion in damages in the US from its bitter rival.
01 September 2012
Moody's holds Spain rating pending eurozone moves Moody's said Thursday that it would hold its review of Spain's credit rating until late September as it waits for more clarity on the European Stability Mechanism and moves for a eurozone banking union.
01 September 2012
Lufthansa cabin staff to strike Friday: union Cabin staff at German airline Lufthansa will stage walkouts in Frankfurt from 0300 GMT on Friday, their union said late Thursday.
31 August 2012
Brazil set to cut interest rate to new record low : analysts Brazil's central bank is set this week to announce its ninth interest rate cut to a record low of 7.5 percent, in a bid to revive sluggish economic growth.
29 August 2012
Craft beers enjoy boom despite Italy's crisis With oyster, tobacco and watermelon flavoured brews, Italy's craft beers are flourishing despite a punishing recession that is putting thousands of other businesses out of work.
29 August 2012
Apple hits new record after big US court victory Apple shares soared to a new all-time high Monday after the US tech giant's big win in a patent lawsuit against South Korea's Samsung, which saw its own stock tumble.
28 August 2012
Moody's upgrades S. Korea credit rating Ratings agency Moody's Investors Service Monday upgraded South Korea's sovereign credit rating, citing strong fiscal fundamentals and resilience to external economic shocks.
28 August 2012
Commercial production at giant oilfield Kashagan to start in spring 2013 The decision was taken not to start the production amidst severe winter conditions.
28 August 2012
Merkel: 'every day' counts for Greece's austerity steps German Chancellor Angela Merkel on Sunday warned that "every day" counts in efforts by debt-wracked Greece to comply with its commitments and safeguard its eurozone membership.
28 August 2012
Kazakhstan has thrashed 4 million tons of grain The country has harvested grain in 39.6% of the area under crops.
28 August 2012
Russia's Transneft accused Kazakhstan colleagues of dumping However, there is no information of any certain deals between Russian and Chinese companies on oil supplies.
27 August 2012
Foreign employees of several Astana companies earned much more than Kazakhstan personnel Astana Prosecutor’s office discovered the facts of discrimination of Kazakhstan personnel in several companies in terms of the salaries compared to the foreign employees.
27 August 2012
Samsung shares plunge after US Apple patents verdict Shares in Samsung Electronics opened 6.75 percent lower Monday after a US court fined the South Korean firm $1.05 billion for breaching Apple's patents.
27 August 2012
Atyrau oil refinery getting more money Atyrau oil refinery is getting another major loan for construction of its advanced oil processing center.
27 August 2012
Beeline fined $1 million KaR-Tel cellular operator has been fined $1 million for setting a threshold for connection to international roaming service.
27 August 2012
BHP offloads Australian uranium project to Cameco BHP Billiton on Monday said it was selling one of Australia's largest underdeveloped uranium mines to Cameco for US$430 million, just days after delaying its Olympic Dam copper and uranium project.
27 August 2012
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