Economy - страница 164

Taiwan's HTC pleased with UK court victory over Apple Taiwan's leading smartphone maker HTC Thursday hailed as a victory a British court ruling that it did not infringe on a patent owned by the US technology giant Apple.

06 July 2012

China starts stockpiling rare earths: report China has started stockpiling rare earths for strategic reserves, a state-backed newspaper said Thursday, in a move which may raise more worries over Beijing's control of the coveted resources.

05 July 2012

Manchester United plays for dollars in US IPO Storied British football club Manchester United, overloaded with debt since their takeover by a billionaire American family of investors, is moving to raise cash through a US share sale.

05 July 2012

Economic uncertainty to last for at least another 9 months: National Bank Governor According to him, speculations on a second possible wave of the global financial crisis will be persistent for at least another 9 months until the Bundestag election is over and Eurozone issues are resolved.

05 July 2012

19 out of 29 gold-mining companies pledge to supply gold to the Astana refinery In August 2011 the National Bank announced it would be exercising its preemptive right to purchase gold to be produced within Kazakhstan.

04 July 2012

Annual inflation rate may be below 6% at the end of 2012: National Bank Governor He noted that the lowest inflation rate since 1999 is bolstered by a number of factors, including somewhat decreasing prices for foodstuffs and crude oil.

04 July 2012

Nigeria signs $4.5 billion refinery deal with US energy firm Nigeria on Monday signed a Memorandum of Understanding with an American energy firm to build six oil refineries, in a project worth 4.5 billion dollars.

04 July 2012

Nazarbayev called to reverse situation with local content Kazakh content in largest companies operating in Kazakhstan is 4 percent at best, according to President Nazarbayev.

03 July 2012

Kazakhstan's housing construction growth made over 20 percent in 2012 Kazakhstan Minister of Economic Development and Trade talked about the course of implementation of state programs at the Industrial Forum.

03 July 2012

TENGRI LIFE

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Barclays chairman resigns over rate rigging scandal Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.

03 July 2012

Israel sought $1 billion IMF loan for Palestinians Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.

03 July 2012

Maximum interest rates on deposits cut in Kazakhstan on July 1 Kazakhstan Deposit Guarantee Fund decreased maximum interest rates on bank deposits for individuals starting from July 1.

02 July 2012

Kazakhstan's gross foreign debt totals $129.3 billion in Q1 According to the National Bank, in the Q1 2012 the foreign debt of the banking sector grew by 1.5% up to $14.823 billion.

02 July 2012

Recovering Greek leader faces crucial audit Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.

02 July 2012

Trade turnover between Great Britain and Kazakhstan grew 124 percent Lord Mayor of London David Wootton arrived in Kazakhstan with a working visit.

02 July 2012

Head of ArcelorMittal Temirtau called employees' pay raise demand untimely The requests are well grounded, but it is not the right time: Vijay Mahadevan.

02 July 2012

Furious Spanish investors seek Bankia scalps Furious pensioners who lost savings through investments in ruined lender Bankia booed its managers Friday, branding them thieves, at the first shareholders' meeting since the bank's huge rescue.

01 July 2012

World stocks, euro, oil jump as EU summit delivers World stock markets surged Friday, the euro jumped against the dollar, and oil prices rocketed after a key EU summit delivered surprise emergency measures to fight the eurozone debt crisis.

01 July 2012

Kazakhstan completes acquisition of a 10% stake in Karachaganak As a result of the deal the ownership structure looks as follows: BG Group holds 29.25%, Eni 29.25%, Chevron 18%, LUKOIL 13.5%, with the Kazakhstan Government holding the other 10%.

28 June 2012