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Legalization law adopted in Kazakhstan Today, the Kazakhstan Parliament рфы adopted the law "On amnesty of citizens of the Republic of Kazakhstan, repatriates and persons holding a residence permit in the Republic of Kazakhstan due to legalization of their property".

19 June 2014

7 Kazakh companies' credit rating outlook downgraded by S&P Standard & Poor’s has revised outlook of 7 Kazakhstan national companies from Stable to Negative.

19 June 2014

Chevron, Lukoil eyeing new project in Kazakhstan Chevron, Lukoil and other major companies are eyeing a new Eurasia Project in Kazakhstan, an oil production project in the Caspian Lowland.

19 June 2014

No petrol shortages expected in Kazakhstan: Oil Minister According to him, now the issue of petrol prices for the second half of the year is on the agenda.

19 June 2014

Argentina says won't make next bond payment in US Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.

19 June 2014

Workers producing parts of equipment for Kashagan go on strike Dozens of workers launched the campaign to demand the salaries owed to them since December 2013.

18 June 2014

Transition to new Kashagan operator started in May: NCOC North Caspian Operating Company (NCOC) informed that the transition to a new operator of the Kashagan project started back in May 2014.

18 June 2014

American Airlines, owed $750 mn, trims flights to Venezuela American Airlines, owed some $750 million by Venezuela, said Tuesday it was sharply reducing flights to the South American nation from July after the two sides failed to read a deal, a spokesman said.

18 June 2014

Hong Kong steel firm pays $470 mn for 5-star Paris hotel A Hong Kong steel investment firm said it has agreed to pay almost $470 million for the five-star Paris Marriott Hotel Champs-Elysees, as it targets Chinese tourists' desire for luxury travel.

18 June 2014

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Abramovich co-invests in Israeli StoreDot with Kazakhstan's Rakishev Russian businessman Roman Abramovich has invested $10 million into an Israeli start-up StoreDot, a bio-organic materials based electronics developer.

17 June 2014

Argentine president says country will avoid debt default President Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.

17 June 2014

Shell reduces holding in Woodside Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.

17 June 2014

Sberbank of Russia to finance $3.6 billion worth of transportation projects in Kazakhstan Sberbank of Russia will provide $3.6 billion to finance projects of Kazakhstan's national railway company Kazakhstan Temir Zholy (KTZ).

16 June 2014

S&P lowers Kazakhstan's credit-rating outlook to Negative Standard & Poor’s has changed Kazakhstan’s credit-rating outlook from Stable to to Negative.

16 June 2014

Kazakhstani pension savings amount to $21 billion Kazakhstanis had over $21 billion in pension savings as of June 1, 2014.

16 June 2014

Kazakhstan to subsidize 50% of renewable power generators installation The Government of Kazakhstan will subsidize 50% of expenses to stimulate remote households to install renewable energy sources-based generators.

16 June 2014

Kazakhstan to add on 12 million tons in complex ore deposits by 2019 It is expected that state-run geological exploration project will yield 12 million tons of complex ore in Kazakhstan in five years.

15 June 2014

China Eastern to buy 80 Boeing 737s US aerospace giant Boeing said Friday that China Eastern Airlines has agreed to buy 80 737 aircraft, its biggest single-aisle purchase to date by a Chinese airline.

14 June 2014

Morocco raises 1bn euro bond on international market Morocco has raised one billion euros ($0.7 billion) on the international market in a 10-year bond at 3.5 percent, Finance Minister Mohamed Boussaid said.

14 June 2014