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USA news McDonald's Food economy company Tenge Kazakhstan Kazakh devaluation

McDonald's CEO pays price for growing woes Fast-food giant McDonald's replaced president and chief executive Donald Thompson, after the company turned in another poor quarter of sales and earnings last week.

29 January 2015

It will take 5-6 years for Kazakhstanis to stop quoting domestic prices in the US Dollar Olzhas Khudaibergenov, Director of the Center for Macroeconomic Research, outlined measures to reduce the currently excessive dollarization of the country’s economy.

29 January 2015

Greece-EU clash spreads to Russia sanctions Greece has created a new headache for the EU by questioning sanctions against Russia over Ukraine.

29 January 2015

Yahoo announces tax-free spinoff of Alibaba stake Yahoo is spinning off its stake in Chinese Internet giant Alibaba, splitting off the valuable holdings in a move that sidesteps taxes.

28 January 2015

Apple profit hits new high on rocketing iPhone sales Apple's quarterly profit soared to a record $18 billion on the back of booming iPhone sales, especially in China.

28 January 2015

Kazakhstan’s Central Bank buying out all gold produced As a rule, prices for gold grow amidst growing demand (…) the latter is normally driven by volatility of major currencies. Currently, the keen interest to gold is assigned to the weakening Euro. Gold is seen as a stable harbor: Minister for Investments.

28 January 2015

Sony delays earnings after 'The Interview' cyberattack Sony said it has won permission to delay the release of its quarterly earnings report, after a cyberattack damaged the computer network at its Hollywood film unit.

27 January 2015

EU to consider new Russia sanctions over Ukraine European Union leaders have tasked their foreign ministers to consider a new wave of sanctions against Russia when they meet in Brussels.

27 January 2015

Microsoft profit dips as revenue rises Microsoft reported that its quarterly profit dipped but revenue increased in a sign that it is adapting to lifestyles centered on mobile devices and cloud services.

27 January 2015

TENGRI LIFE

TENGRI TRAVEL

Kazakhstan's Ministry sues Eurocopter Kazakhstan Engineering Committee of Emergency Situations of the Ministry of Internal Affairs of Kazakhstan sues Eurocopter Kazakhstan Engineering for failing to fulfill its public procurement obligations.

26 January 2015

Kazakhstan’s Energy Minister refutes sales of oil refinery by his son To my best knowledge, he hasn’t been buying or selling anything in the last three years”, the Minister told journalists on the sidelines of the sitting in the country’s Majilis (lower chamber).

26 January 2015

Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.

26 January 2015

Kazakh National Bank Governor reiterates tenge stability Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.

24 January 2015

Russians ready to eat less in crisis, united round Putin: deputy PM Russians are ready to ride out the current economic crisis, even by eating less food, and to stand by President Vladimir Putin's side regardless.

24 January 2015

Helicopter taxi in Almaty for one grand only Air taxi had started operating in Almaty and Astana.

24 January 2015

Internet will 'disappear', Google boss tells Davos Google boss Eric Schmidt predicted that the Internet will soon be so pervasive in every facet of our lives that it will effectively "disappear" into the background.

23 January 2015

eBay to slash 2,400 jobs in bid to 'compete and win' E-commerce giant eBay will slash 2,400 jobs in the current quarter as it restructures and prepares to spin off its PayPal finance unit.

22 January 2015

Russia unveils $21 bn anti-crisis plan The Russian government unveiled a $21 billion anti-crisis plan to tackle the country's stalled economy.

22 January 2015

Jews, Muslims, Christians tackle 'Charlie', religious violence at Davos What do a rabbi, an archbishop, a top Islamic academic and former British prime minister Tony Blair have in common?

22 January 2015