Russia starts destroying smuggled Western foods
Russian officials steamrolled tonnes of cheese, fruit and vegetables, defying public outrage to begin a controversial drive to destroy Western food smuggled into the crisis-hit country.
IMF approves $1.7 bn loan installment to Ukraine
The International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.
01 August 2015 13:18
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ArcelorMittal Temirtau cuts wages by 25%
ArcelorMittal Temirtau, a steel giant in Kazakhstan, is cutting wages of all its employees by 25 percent starting from August 1.