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Russia to open $5 bn Iran credit line: Tehran Russia plans to open a $5 billion credit line for Iran to help finance infrastructure projects in the country, officials from both countries said during a visit by Moscow's energy minister.

23 October 2015

Instagram short 'Boomerang' videos aim to hook users Instagram unveiled a new feature allowing users to post one-second video "loops" in an effort to keep up with rivals offering animated images.

23 October 2015

Italy's Fendi sets up home in fascist folly Luxury fashion company Fendi unveiled its new headquarters in a long-abandoned, now renovated architectural folly created by the WWII fascist leader Benito Mussolini in Rome.

23 October 2015

Kazakhstan’s Central Bank Governor on tenge prospects We believe the current exchange rate of 277 tenge for USD1 reflects the true market value and is the one the country’s economy benefits from: Kairat Kelimbetov.

21 October 2015

Apple Music boasts 6.5 mn subscribers Apple chief executive Tim Cook said the technology giant's new music service has some 6.5 million subscribers.

20 October 2015

Standard & Poors no longer takes Kashagan into account when assigning ratings to Kazakhstan The project is likely to be regarded as ad addition to the current economic growth model that has been recently shaped: S&P’s Associate Director Karen Vartapetov.

20 October 2015

Deutsche Bank accidentally sent client $6 billion: report Germany's biggest lender Deutsche Bank accidentally sent $6 billion to a client after entering the wrong numbers, Bloomberg News reported.

20 October 2015

Weight Watchers soars after Oprah tips investment scale Weight Watchers shares more than doubled in value after US media star Oprah Winfrey said she will buy a 10 percent stake in the struggling company.

20 October 2015

S&P upgrades Ukraine from 'selective default' Standard and Poor's upgraded Ukraine's credit rating from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.

20 October 2015

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Brazil finance minister to keep job: president Brazilian President Dilma Rousseff sprang to the defense of her embattled finance minister, saying she would not be pressured into sacking him.

19 October 2015

Troubled Deutsche Bank announces sweeping restructuring Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.

19 October 2015

Former Microsoft CEO Ballmer discloses Twitter stake Former Microsoft chief executive Steve Ballmer disclosed that he has taken a four percent stake in Twitter, expressing confidence in the messaging platform's new management team.

17 October 2015

Greece adopts more painful reforms demanded by creditors Greece's parliament narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds.

17 October 2015

EU clears chipmaker Intel's $16.7 bn buyout of Altera EU regulators cleared Intel, the world's biggest chipmaker, to buy US firm Altera for $16.7 billion in one of the largest ever Silicon Valley deals.

15 October 2015

Putin asks IMF to help Ukraine pay off $3 billion debt to Russia President Vladimir Putin called on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay off its debt to Russia.

14 October 2015

Facebook to test mobile app shopping tab Facebook said that it will begin testing a shopping tab for its mobile app as it works to ramp up advertising and online commerce offerings.

13 October 2015

OPEC chief confident of a balanced oil market in 2016 OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing.

12 October 2015

Facebook says no to 'dislike' button but tests 'sad' and 'angry' ones Facebook will begin testing a new feature allowing users in Ireland and Spain to express a range of emotions on posts -- but there will be no "dislike" button, the social network said.

09 October 2015

Amazon opens online shop for handmade goods Online retail colossus Amazon opened a shop showcasing handmade goods sold directly by artisans.

09 October 2015