Astana ranked 2nd in CIS by salaries level Astana is among the top three CIS capitals by an average monthly salary.
08 August 2012
S&P cuts Greek outlook to 'negative' Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.
08 August 2012
Central Bank Governor on the tenge and growing demand for the US Dollar Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.
08 August 2012
Kazakhstan Central Bank Governor on slashing the key rate Mr. Marchenko elaborated that so far the National Bank has no plans to revisit the anticipated inflation corridor of 6-8% downwards for the following year.
08 August 2012
Samsung exec 'very offended' by Apple rip-off claim A top Samsung executive testified Monday that he found "very offensive" the suggestion that the South Korean gadget giant ripped-off Apple's market-leading mobile iPhone and iPad devices.
07 August 2012
Turkish economic miracle woos German businesses As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.
07 August 2012
Kazakhstan National Bank slashes key rate The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.
07 August 2012
Qantas pilot tests positive for alcohol A Qantas Airways pilot failed an alcohol test after being removed from the controls of a passenger flight just minutes before take-off over concerns she had been drinking.
06 August 2012
Heineken to buy maker of Tiger beer for $4.1 billion Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.
04 August 2012
Investigations of Shell's Nigeria spills a 'fiasco': Amnesty Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility.
04 August 2012
BHP chief forgoes bonus after $2.84 bln US gas writedown BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.
03 August 2012
Euro stays weak in Asia after ECB disappointment The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.
03 August 2012
Rompetrol started drilling first well in Romania Upstream division (exploration and production) of Rompetrol group starts drilling the first exploration well at Fokshani block in Romania.
03 August 2012
London tourism rates plunge during Olympics The London 2012 Olympics appears to be deterring tourists from the capital's centre after warnings of travel chaos and overpriced hotel rooms.
03 August 2012
Kazakhstan slashes the key rate from the current 6% to 5.5% from August 6 In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.
02 August 2012
ArcelorMittal Temirtau fined for environmental damages ArcelorMittal Temirtau and Central Asia Cement have been fined over 57 million tenge for ecology damage.
02 August 2012
Kazakhstan is mostly visited by French and Italian tourists Top five countries by number of tourists visiting Kazakhstan are France, Italy, Great Britain, Russia and India.
02 August 2012
Manchester United eyes over $300m in Wall Street IPO Popular British football (soccer) team Manchester United announced Monday that it hopes to earn over $300 million in its proposed IPO on Wall Street.
31 July 2012
Asian markets rise again on stimulus hopes Asian markets were generally higher Tuesday, their third consecutive positive session, amid continued hopes for new stimulus measures by European and US central banks.
31 July 2012
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