Euro "too strong", says European Commission's Tajani European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
14 November 2013
No grain storage problems this year: Mamytbekov Kazakhstan's Agriculture Minister Asylzhan Mamytbekov has assured there would no problems with grain storage this year.
14 November 2013
Rosneft to supply crude to Kazakhstan in exchange for transit to China Rosneft will supply Kazakhstan with additional crude in exchange for the oil transit to China.
14 November 2013
Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.
13 November 2013
Chevron ordered to pay Ecuador $9.51 bn on appeal: court An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.
13 November 2013
China Singles Day online shoppers spend almost $6 bn Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country's biggest online marketplaces on Singles Day, their operator said Tuesday, after the festival created by e-tailers to persuade the loveless to console themselves with retail therapy.
13 November 2013
EBRD raises Kazakhstan’s estimated GDP growth rate At the same time the Bank’s analysts point to weakness of the country’s banking sector, with over 30% of the loan portfolios being NPLs.
13 November 2013
EU to hold France, Germany to account in push for growth The EU will this week test a new system to ensure states toe economic rules when it decides whether to challenge eurozone giants Germany and France, over their growth and deficit policies.
12 November 2013
Venezuela expands crackdown on prices Venezuelans mobbed appliance and other stores Monday to cash in on price cuts ordered by the leftist government as local elections loom.
12 November 2013
China to allow more private investment in state firms: report China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.
12 November 2013
Kazakhstan lifts restrictions from import of Russian petrol The government of Kazakhstan has lifted restrictions from import of petrol from Russia.
12 November 2013
RMK to invest $600 million in Kazakhstan Russkaya Mednaya Kompaniya (RMK) plans to invest 600 million dollars in the execution of projects in Kazakhstan.
11 November 2013
Major Sudan airline grounded, blames US sanctions A major Sudanese airline serving South Sudan and the Middle East suspended operations Sunday, blaming American sanctions, as a document confirmed German carrier Lufthansa will also end flights to Sudan.
11 November 2013
As Twitter flies, fears mount on bubble Twitter's high-flying Wall Street debut drew attention to the growing power of social media, but also raised concerns about a potential bubble in the sector.
10 November 2013
Brazil freezes assets tied to Alstom, Siemens price-fixing claims Brazilian judges have frozen assets worth $26 million involved in an alleged cartel suspected of price-rigging during bidding for Sao Paulo's metro rail systems.
09 November 2013
Rio Tinto to invest $13 million in geological exploration at the initial stage There are also another 3 agreements with Japanese and South Korean companies: Minister of Industry and New Technology.
08 November 2013
Kazakhstan not aware of its subsurface contents Up to now some core samples are send abroad as Kazakhstan is still facing shortage of duly certified laboratories that would meet the applicable international standards.
08 November 2013
US shutdown cost $2.0 billion in lost govt output The 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
08 November 2013
Twitter to hit Wall Street with hefty price tag Twitter will make its Wall Street debut Thursday with a price tag of $26 per share, bidding to raise up to $2.1 billion in the most eagerly awaited stock offering since Facebook.
08 November 2013
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