G20 optimistic on global economy
Finance chiefs of the Group of 20 economic powers said they remained confident about the global economy, despite renewed weakness in areas like the eurozone.
11 October 2014
IMF: Ukraine needs more financial support
The IMF said that embattled Ukraine will need more financing in addition to what the Fund and European partners have offered in the face of "major uncertainty."
Tesla unveils new electric car for bad weather
Electric car giant Tesla unveiled a new two-engine vehicle designed to perform in bad weather, featuring four-wheel drive and anti-collision technology.
Kazakhstan and Turkmenistan to boost bilateral trade with new railway link in place
The railway link Uzen (Kazakhstan) – Kyzylkaya – Bereket – Etrek (Turkmenistan) – Gorgan (Iran) totals 934.5 km, with the longest part (722.5 km) running across Turkmenistan. The Kazakhstan’s section makes up 130 km, with the other 82 km running across Iran.
09 October 2014
National payment system in Kazakhstan unfeasible: experts
Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.
Russia probes McDonald's children charity
Russian prosecutors have launched a probe into a charitable fund run by the McDonald's restaurant chain, the organisation's director said.
08 October 2014
IMF slashes Brazil growth forecast for 2014
The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.
Hewlett-Packard to split business: report
HP is poised to become the latest technology firm to split into two entities by separating its computer and printer businesses from its corporate hardware.