Ikea ruffles a few feathers with first Korean store
Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.
16 December 2014 13:54
Kazakhstan-based airlines banned from flying to Europe
According to the EC, Air Astana is eligible to perform flights to Europe only when using certain types of aircraft. The statement didn’t specify the types of the aircraft.
Kazakhstan to meet domestic demand for cement shortly
According to Vice Minister for Investments and Development, Kazakhstan has a vast cement production potential, however in the current year the country has imported over 1 million tons of cement.
Oil prices mixed ahead of key OPEC meeting
Oil prices were mixed in Asia ahead of a crucial meeting of the OPEC cartel later in the week that will discuss whether to trim output, analysts said.
Kuwait sees no output cut at OPEC meeting
OPEC is not likely to cut crude output when it meets later this month amid hopes that the market will absorb surplus supplies, the Kuwaiti oil minister said.
11 November 2014 14:48
Kazakhstan not ready for electromobiles: expert
Eduard Edokov, the head of the Independent Automobile Union of Kazakhstan, says that Kazakhstanis are not yet ready to transition to electromobiles both because of their mentality and the lack of infrastructure in the country.
