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Economy

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Germany should drive economic recovery in Europe: IMF chief Germany should drive economic recovery in Europe: IMF chief IMF chief C. Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, suggesting that German wages should rise.
25 August 2014
Burger King plans to buy Canadian chain Tim Hortons Burger King plans to buy Canadian chain Tim Hortons Fast-food chain Burger King plans to buy chain Tim Hortons in an acquisition that will make it the world's third largest in the fast-food sector.
25 August 2014
Yellen: US jobs market 'yet to fully recover' Yellen: US jobs market 'yet to fully recover' Federal Reserve Chair rebuffed pressure from inflation hawks to move faster toward a rate hike, saying the US jobs market still shows slack.
23 August 2014
Gasoline prices spike in Kazakhstan Gasoline prices spike in Kazakhstan Gasoline prices have grown 11-12% in Kazakhstan in one step.
22 August 2014
Gold plated iPhones: specially for Kazakhstan Icon Gold plated iPhones: specially for Kazakhstan CAVIAR iPhone brand has designed an exclusive iPhone line specially for Kazakhstan.
22 August 2014
Best mascot design chosen for EXPO-2017 Best mascot design chosen for EXPO-2017 Tengri and Bouri have been chosen as the best contenders for the EXPO-2017 mascots.
22 August 2014
Ukraine's economy minister announces resignation Ukraine's economy minister announces resignation Ukraine's economy minister announced his resignation following conflicts within the government on how to turn around the economic situation.
22 August 2014
KazMunaiGas executives on necessity of retail fuel price hikes KazMunaiGas executives on necessity of retail fuel price hikes Kazakhstan-based oil refineries produce a combined 1.9 million tons of AI—92 gasoline a year, with the domestic demand standing at 2.8 million tons.
21 August 2014
RIXOS Group to develop Kinderley resort on Kazakhstan’s Caspian shores RIXOS Group to develop Kinderley resort on Kazakhstan’s Caspian shores The overall investments are estimated at $3.3 billion. The resort is projected to cater to over 640 000 tourists a year by 2020, with 70% of them being foreigners.
20 August 2014
TENGRI LIFE
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Carlsberg lowers profit outlook on fall in Russian sales Carlsberg lowers profit outlook on fall in Russian sales Danish brewer Carlsberg cut its annual profit guidance and said economic uncertainty in Russia, could prompt it to close some breweries.
20 August 2014
Hollande faces host of headaches on return from holiday Hollande faces host of headaches on return from holiday President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays.
19 August 2014
Kazakhstan’s trade turnover with Customs Union states decreases by 23% Kazakhstan’s trade turnover with Customs Union states decreases by 23% Kazakhstan’s trade turnover with the other Customs Union member states stands at 15% of the country’s overall foreign trade.
19 August 2014
Kazakhstan's meat project stalls Kazakhstan's meat project stalls Kazakhstan's cattle breeding development project aimed at bringing team export to 60 thousand tons in 2016 has stalled.
18 August 2014
Kazakhstan plans to increase grain exports to Russia amid sanctions Kazakhstan plans to increase grain exports to Russia amid sanctions Kazakhstan intends to increase grain exports to Russia amid the sanctions Russia imposed on agricultural products import from the western countries supporting sanctions against Russia.
17 August 2014
EU 'shot itself in foot' with Russia trade sanctions: Hungary PM EU 'shot itself in foot' with Russia trade sanctions: Hungary PM The EU "shot itself in the foot" by imposing trade sanctions on Russia over the Ukraine conflict.
16 August 2014
Beer shortage and heatwave spells misery for Cubans Beer shortage and heatwave spells misery for Cubans Cuba has been hit by a beer shortage during one of its hottest summers on record, sparking hoarding and driving thirsty .
16 August 2014
Alliance Bank debt restructuring talks break stalemate Alliance Bank debt restructuring talks break stalemate Alliance Bank of Kazakhstan has agreed the basic terms of restructuring of its $1.2 billion debt.
15 August 2014
Samsung to buy US tech firm SmartThings Samsung to buy US tech firm SmartThings Samsung said it had reached a deal to buy a US home automation startup SmartThings.
15 August 2014
$200,000 a share: Buffett's Berkshire hits record high $200,000 a share: Buffett's Berkshire hits record high Shares in US investment star Warren Buffett's Berkshire Hathaway group topped $200,000 apiece for the first time .
15 August 2014
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