TeliaSonera exiting Kazakhstan’s market
The decision to quit the region is driven by the Company’s efforts to ensure a greater value for the shareholders, clients and employees.
Kazakhstan still planning to resume production at Kashagan late 2016
Kashagan oil project in the Caspian offshore will be economically viable with oil rices standing at $100 per barrel, a Tengrinews.kz journalist reported earlier, citing Sauat Mynbayev, KazMunaiGas Chairman of the Board.
China's long march to currency reform takes a step forwardChina's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
EU offers more help for farmers hurt by Russia sanctionsThe EU formally extended until next year a multi-million-euro aid package to help European fruit and vegetable growers hit by Russian sanctions over the Ukraine crisis.
08 August 2015
Russia starts destroying smuggled Western foodsRussian officials steamrolled tonnes of cheese, fruit and vegetables, defying public outrage to begin a controversial drive to destroy Western food smuggled into the crisis-hit country.
Putin orders destruction of smuggled Western foodRussian President Vladimir Putin signed a decree ordering the destruction of Western food smuggled into the country in breach of an official embargo.
Impact of Greek crisis on KazakhstanKazakh experts have shared their opinions about the effect of the Greek debt crisis on Kazakhstan’s economy.
03 July 2015
Ukraine suspends Russian gas purchases in new price rowUkraine announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.