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Economy - страница 74

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Top French court approves 75% company tax on high salaries France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.

30 December 2013

Twitter tumbles after warning on overvaluation Twitter shares tumbled Friday after a brokerage analyst warned the popular messaging network was overvalued following a meteoric rise since its initial public offering in November.

30 December 2013

KazMunaiGas is getting foreign Vice-Chairman A foreigner is going to be appointed as First Deputy Chairman of the Board of KazMunaiGas, Kazakhstan national oil and gas company.

29 December 2013

US stocks rise amid wave of positive sentiment US stocks edged towards the finale of a banner 2013 in buoyant fashion this week, repeatedly reaching new records on a string of solid economic data.

28 December 2013

ArcelorMittal Temirtau to cut 2500 jobs in 2014 ArcelorMittal Temirtau is going to reduce the number of jobs by 2500 in 2014, Viktor Schetinin, vice-chairman of Zhaktau steel workers union.

28 December 2013

Amazon to compensate customers for late gifts Amazon Thursday said it would give $20 gift cards and pay shipping costs for customers affected by problems at UPS and FedEx that delayed some Christmas package deliveries.

28 December 2013

Lakshmi Mittal asks Kazakhstan's employees to hunker down Lakshmi Mittal met with ArcelorMittal Temirtau plant top-managers and called them to reduce expenses and make goods more competitive.

27 December 2013

Obama signs defense, budget bills into law President Barack Obama signed into law Thursday the compromise US budget bill recently negotiated by feuding lawmakers and a massive defense measure that takes a step toward ultimate closure of Guantanamo.

27 December 2013

Kazakhstan developing space tourism Kazakhstan-based Diamond Trans has invested about $1 million to start the Space Harbor project that will feature trade and entertainment zones, hotels and office space.

27 December 2013

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US judge rejects BP bid for extra proof in oil spill claims A US federal judge has rejected a bid from BP to require companies prove their losses are directly linked to the 2010 massive Gulf of Mexico oil spill before getting a payout.

26 December 2013

Kashagan to produce 15 million tons of oil in 2022 In its Development Strategy, KazMunaiGas has set an optimistic target to produce 15 million tons of oil from the Kashagan field in 2022.

26 December 2013

Oil prices up on escalating South Sudan violence Crude edged higher in Asian trade Thursday on supply concerns following escalating violence in oil-producer South Sudan, but gains were capped as dealers sat on the sidelines awaiting fresh leads after the festive season.

26 December 2013

KazMunaiGas to invest $4.5 billion into geological exploration in 2014-2019 By 2022 the Company’s proven recoverable reserves of oil and condensed gas should make up 1.413 billion tons as compared to 789.6 million tons as of the end of 2013.

26 December 2013

Mortgage loans are for rich people: Kazakhstan's central bank governor Kairat Kelimbetov, Governor of the National Bank of Kazakhstan, believes that only rich people should obtain mortgage loans.

25 December 2013

Crude prices down in quiet Asian trade Oil prices edged lower in quiet Christmas Eve trade in Asia Tuesday as dealers engaged in profit-taking, with a lack of leads to spur fresh market movement, analysts said.

25 December 2013

Russia to start crude supplies to China across Kazakhstan from January 1, 2014 The agreement comes to force January 1, 2014. The agreement shall be valid for 10 years: Russia’s Energy Minister Aleksandr Novak.

25 December 2013

Japan OKs record budget, sees deflation threat recede Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.

25 December 2013

KazKom bank and billionaire Kenes Rakishev eyeing BTA Bank Kazakhstan-based Kazkommertsbank and businessman Kenes Rakishev might purchase BTA Bank.

24 December 2013

Twitter's Jack Dorsey joins Disney board US entertainment giant Walt Disney Company announced Monday that it tapped Twitter co-founder and chairman Jack Dorsey to join its board of directors.

24 December 2013