IMF approves $1.4 billion aid payment for Ukraine
The International Monetary Fund approved the release of nearly $1.4 billion in fresh funds for troubled Ukraine.
30 August 2014 14:25
Russia closes 12 McDonald's branches, inspects 100
Russia has temporarily closed 12 branches of McDonald's on health grounds and is carrying out more than 100 inspections.
30 August 2014 12:03
Fuel deficit creates kilometer-long queues in Kazakhstan
Uralsk is an administrative center of West Kazakhstan Oblast. The Oblast produces both oil and gas. However, since early morning yesterday people in the city have been forming kilometer-long queues to refuel.
29 August 2014 19:10
Tesco issues new profit warning, slashes dividend
Troubled British supermarket giant Tesco issued another profits warning and slashed its shareholder dividend by 75 percent.
29 August 2014 14:24
Australian PM to visit India for potential uranium deal
Australia's Prime Minister said he will visit India next week, where he will reportedly sign an agreement allowing the export of uranium.
29 August 2014 12:45
'Smart' city guru arrives in Astana
William Hutchison, Executive Director of Ernst and Young and founder of Waterfront Toronto, will turn Kazakhstan's capital Astana into an "intelligent community".
28 August 2014 20:09
German jobless rate unchanged in August: data
Unemployment in Germany stagnated in August, as clouds continue to build over Europe's biggest economy.
28 August 2014 15:10
Russian food sanctions spur price rises: data
Russian authorities have leaned on shops to keep prices steady but data released showed inflation pricking up on goods.
28 August 2014 10:08
France's economic malaise: A sense of deja-vu?
When Francois Hollande's inaugural parade was drenched in rain, some jokingly wondered whether this was a warning of things to come.
27 August 2014 14:47
Hungary strives to be central Europe's start-up capital by 2020
From a sleek, modern office in the middle of Budapest's old town, Ustream provides live video streaming to clients such as Samsung and Sony.
27 August 2014 13:24