Economy - страница 58

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Starbucks comes under 7-Eleven control in Australia The owners of the 7-Eleven chain in Australia have taken control of coffee giant Starbucks' struggling local operations in a bid to turn around its fortunes, the company said.

29 May 2014

Accor buys 97 hotels in Europe for 900 mn euros Hotel group Accor on Tuesday announced the purchase of 97 hotels in Europe through its HotelInvest business for a total of 900 million euros ($1 billion).

28 May 2014

Kazakhstan’s Oil Minister on crude and gas production We expect the gross production of crude and condensed gas to reach 112 million tons a year by 2030; the figure stood at 81.8 million tons last year: Uzakbai Karabalin.

27 May 2014

Where the gold is in Kazakhstan? IdeaLab has calculated the amount of gold reserves and mapped out the gold deposits in Kazakhstan.

27 May 2014

New operator for Kashagan to be launched by September 2014 The new operator will comprise best specialists employed with member companies of the consortium: Oil Minister Uzakbai Karabalin.

27 May 2014

Sony to sell PlayStation in China through new ventures Sony will bring its PlayStation consoles to China through two joint ventures, its Chinese partner said Monday, as the Japanese gaming giant seeks to tap a newly opened market.

27 May 2014

Mining giants slam Australia's 'high' taxes, costs and currency Three of the world's biggest miners have warned that government taxes, high costs and a strong currency are putting pressure on their Australian operations, reports said Monday, as they battle falling commodity prices owing to a supply glut.

26 May 2014

China to purchase wheat from Kazakhstan China is going to purchase 100 thousand tons of wheat from Kazakhstan.

26 May 2014

Kazakhstan should be ready for global economic slowdown: President Nazarbayev We should be ready to face a substantial weakening of the global economy growth (…) the situation seems to be worsening, rather than getting better: President Nazarbayev.

23 May 2014

TENGRI LIFE

TENGRI TRAVEL

$138 billion offshored from Kazakhstan At a meeting of the National Chamber of Entrepreneurs of Kazakhstan it was announced that according to international estimates the money offshored from Kazakhstan amounts to $138 billion.

23 May 2014

Vice Minister of Oil and Gas on Kashagan According to the country’s Minister of Economic Affairs Yerbolat Dossayev, the suspension of the project resulted in losing 0.5% of the GDP in 2014.

22 May 2014

$27.6 billion invested into construction of Astana in the last 16 years The population of the city has tripled for the period, with the GDP growing more than 54 times. The share of Astana in the nation’s GDP has grown 6 times: Imangali Tassmagambetov, the City Mayor.

22 May 2014

Kazahstani banks initiate WhatsApp call-center services Kazakhstani banks are starting to provide consultations over WhatsApp.

22 May 2014

Kazakhstan’s oil service market to accommodate $200 billion investments in the following 13 years At least 50 000 jobs will be created to accommodate Kazakhstan’s workforce: Yerlan Muratov, Vice Chairman of the Board at Kazakhstan Engineering National Company.

22 May 2014

Australian tycoon sells racing empire to Mideast group Australian coal tycoon Nathan Tinkler on Wednesday said his thoroughbred breeding and racing empire had been bought by a consortium of local and Middle Eastern parties for an undisclosed sum.

21 May 2014

Australia's Treasury Wines rejects $2.85 bn takeover offer Australia's Treasury Wine Estates on Tuesday revealed it received a Aus$3.05 billion (US$2.85 billion) takeover bid from US private equity firm Kohlberg Kravis Roberts (KKR) and rejected it as too low.

21 May 2014

Kazakhstan approves new geological exploration program Kazakhstan's geological exploration will focus on precious metals, especially gold, rare earth metals and copper.

20 May 2014

South Korea's Kumho to upgrade Philippine airport A South Korean firm has won an $82.9-million contract to upgrade an airport at one of the Philippines' hottest tourist destinations, authorities said.

20 May 2014

Bulat Utemuratov finalizes Temirbank and Alliance Bank purchase and talks about their future Samruk-Kazyna National Wealth Fund finalized sale of its shares in two Kazakhstan banks, Temirbank and Alliance Bank, to Bulat Utemuratov.

20 May 2014