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Markets

Tesco issues new profit warning, slashes dividend Tesco issues new profit warning, slashes dividend Troubled British supermarket giant Tesco issued another profits warning and slashed its shareholder dividend by 75 percent.
29 August 2014
Australian PM to visit India for potential uranium deal Australian PM to visit India for potential uranium deal Australia's Prime Minister said he will visit India next week, where he will reportedly sign an agreement allowing the export of uranium.
29 August 2014
Russian food sanctions spur price rises: data Russian food sanctions spur price rises: data Russian authorities have leaned on shops to keep prices steady but data released showed inflation pricking up on goods.
28 August 2014
Russia and Kazakhstan to launch working group on new gas pipeline to China Russia and Kazakhstan to launch working group on new gas pipeline to China The Russian side has shown a certain interest, and we are launching a joint group to meticulously study the possibilities: First Vice Energy Minister Uzakbai Karabalin.
27 August 2014
Kazakhstan may remain dependent on Russian petroleum products through to 2019 Kazakhstan may remain dependent on Russian petroleum products through to 2019 As of now Russia accounts for 1/3 (1.36 million tons) of all the petrol consumed in Kazakhstan and for about 14% (0.7 million tons) of diesel fuel.
25 August 2014
Yellen: US jobs market 'yet to fully recover' Yellen: US jobs market 'yet to fully recover' Federal Reserve Chair rebuffed pressure from inflation hawks to move faster toward a rate hike, saying the US jobs market still shows slack.
23 August 2014
Gasoline prices spike in Kazakhstan Gasoline prices spike in Kazakhstan Gasoline prices have grown 11-12% in Kazakhstan in one step.
22 August 2014
KazMunaiGas executives on necessity of retail fuel price hikes KazMunaiGas executives on necessity of retail fuel price hikes Kazakhstan-based oil refineries produce a combined 1.9 million tons of AI—92 gasoline a year, with the domestic demand standing at 2.8 million tons.
21 August 2014
RIXOS Group to develop Kinderley resort on Kazakhstan’s Caspian shores RIXOS Group to develop Kinderley resort on Kazakhstan’s Caspian shores The overall investments are estimated at $3.3 billion. The resort is projected to cater to over 640 000 tourists a year by 2020, with 70% of them being foreigners.
20 August 2014
TENGRI LIFE
TENGRI TRAVEL
Carlsberg lowers profit outlook on fall in Russian sales Carlsberg lowers profit outlook on fall in Russian sales Danish brewer Carlsberg cut its annual profit guidance and said economic uncertainty in Russia, could prompt it to close some breweries.
20 August 2014
Kazakhstan’s trade turnover with Customs Union states decreases by 23% Kazakhstan’s trade turnover with Customs Union states decreases by 23% Kazakhstan’s trade turnover with the other Customs Union member states stands at 15% of the country’s overall foreign trade.
19 August 2014
Kazakhstan's meat project stalls Kazakhstan's meat project stalls Kazakhstan's cattle breeding development project aimed at bringing team export to 60 thousand tons in 2016 has stalled.
18 August 2014
Kazakhstan plans to increase grain exports to Russia amid sanctions Kazakhstan plans to increase grain exports to Russia amid sanctions Kazakhstan intends to increase grain exports to Russia amid the sanctions Russia imposed on agricultural products import from the western countries supporting sanctions against Russia.
17 August 2014
EU 'shot itself in foot' with Russia trade sanctions: Hungary PM EU 'shot itself in foot' with Russia trade sanctions: Hungary PM The EU "shot itself in the foot" by imposing trade sanctions on Russia over the Ukraine conflict.
16 August 2014
Beer shortage and heatwave spells misery for Cubans Beer shortage and heatwave spells misery for Cubans Cuba has been hit by a beer shortage during one of its hottest summers on record, sparking hoarding and driving thirsty .
16 August 2014
Kazakhstan’s dairy kings not interested in Russian market Kazakhstan’s dairy kings not interested in Russian market Kazakhstan’s leading producers of dairy products Rodina and Zenchenko and Co are not planning to enter the Russian market.
14 August 2014
Ukraine crisis hits German investor confidence Ukraine crisis hits German investor confidence German investment sentiment is taking a hit from the crisis over Russia and Ukraine in a further setback for the eurozone.
13 August 2014
Decline in Kazakhstani exports to Russia is due to economic cycles: expert Decline in Kazakhstani exports to Russia is due to economic cycles: expert Exports from Kazakhstan to the countries of the Customs Union declined in 2013. Sara Alpysbayev presents her explanation to the situation.
12 August 2014
Re-export of banned goods to Russia through Kazakhstan and Belarus Re-export of banned goods to Russia through Kazakhstan and Belarus Vladimir Putin’s response to the countries supporting sanctions against Russia in the form of an import ban might not be as effective as expected.
11 August 2014
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