Germany's Bayer says new products drive Q1 growth German chemicals and pharmaceuticals giant Bayer, maker of Aspirin, said on Monday it turned in a better first quarter performance than expected thanks to healthy growth driven by new products.
29 April 2014
KEGOC might float stock this December KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.
29 April 2014
Kazakhstan to halve its banks in 5 years: opinions Only core banks will remain in Kazakhstan in five years, that is, about 15-20 banks will remain in Kazakhstan by 2019.
29 April 2014
Nursultan Nazarbayev and EDB Chairman meet in Astana Nursultan Nazarbayev and Igor Finogenov, Chairman at Eurasian Development Bank, discussed the bank's operations in Kazakhstan.
27 April 2014
India to tap in Caspian oil in Kazakhstan India might become the developer of Kazakhstan’s Abai oil block at the Caspian Sea.
27 April 2014
Spain shows fastest growth in six years: central bank Spain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said.
25 April 2014
Kazakhstan to subsidize agro-industry Kazakhstan will specify new terms of subsidizing agro-industrial projects before May 1 this year.
24 April 2014
Population of Kazakhstan's south to outnumber north four times The population in Kazakhstan's northern regions may shrink by nearly one million people by 35 years, and become four times smaller than that of the southern areas.
24 April 2014
Almaty avenue among world's most expensive streets Al-Farabi Avenue in Almaty is in the 40th place among the most expensive streets in the world according to Cushman & Wakefield.
24 April 2014
Kazakhstan’s revenues for grain exports in 2013 exceed $1 billion For the recent 4 years the revenues have grown almost 2.5 times. The overall 2013 revenues made up $1.2 billion, whereas back in 2009 the figure only stood at $600 million.
23 April 2014
Balkhash lake named best place for nuclear power plant in Kazakhstan Earlier the country’s President Nursultan Nazarbayev commissioned the Government to decide before the end of the Q1 2014 on the location, sources of investments and timing of constructing a nuclear power plant in Kazakhstan.
23 April 2014
GSK, Novartis unveil major healthcare revamp British pharmaceutical giant GlaxoSmithKline and Swiss peer Novartis announced a major shake-up of their healthcare divisions on Tuesday in deals worth billions of dollars.
23 April 2014
Full-scaled resumption of crude production at Kashagan expected at the end of 2015 Given the risks of further postponement of commercial production at the giant Kashagan oilfield, talks will be held with other oil companies to boost crude production figures, Tengrinews.kz reported earlier.
22 April 2014
China's Shandong Airlines orders 50 Boeing planes for $4.6 bn Shandong Airlines, one of China's smaller carriers, said it has agreed to buy 50 passenger planes from US manufacturer Boeing for $4.6 billion, in another sign of the country's growing demand for air travel.
22 April 2014
Kazakhstan and Turkey agree on 16 additional flights The Kazakhstan Transport Ministry has arranged for 16 additional flights a week to Turkey for the summer season.
21 April 2014
Mattel reports loss as Barbie sales plummet Toymaker Mattel has a problem: Barbie's performance has not been very pretty of late.
19 April 2014
Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.
18 April 2014
Iran oil exports rise to 1.2 mn barrels per day Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said.
18 April 2014
US orange production hit by disease, juice prices soar A citrus disease spread by a tiny insect has devastated Florida's orange crop, which is expected to be the worst in nearly 30 years, and sent juice prices soaring on New York markets.
18 April 2014
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