News about economy

Samsung removes logo on smartphones in Japan Samsung has removed its corporate logo from its new smartphones sold in Japan.

18 April 2015

G20 powers fear volatile markets Finance officials from the G20 group of world economic powers expressed concern about the risks of market and exchange rate volatility.

18 April 2015

Obama, Greek finance chief share 'brief interaction' in Washington US President Barack Obama and Greek Finance Minister Yanis Varoufakis had a "brief interaction," after the finance chief caused a stir by saying he would meet with the US leader.

18 April 2015

Sweden raises defence budget amid Russia concerns Sweden will raise defence spending by 10.2 billion kronor for the period 2016 to 2020, the government said amid concerns over Russia's military resurgence.

18 April 2015

Varoufakis says Greece committed to eurozone Greek Finance Minister Yanis Varoufakis said that his country is determined to remain in the eurozone.

17 April 2015

Sanctions reciprocation and ruble trouble affect Kazakhstan Kazakhstani political scientist Dosym Satpayev points to the sanctions against Russia and the ruble trouble as having effect on exports and domestic production in Kazakhstan.

16 April 2015

BTA Bank replaces Board Chairman Askarbek Nabiev has been appointed the new Chairman of the Board at Kazakhstan's BTA Bank.

16 April 2015

Hollande says Nokia must guarantee French jobs in Alcatel deal French President Francois Hollande said he supported Finnish firm Nokia's 15.6-billion-euro ($16.6 billion) bid to buy its rival Alcatel-Lucent.

16 April 2015

Nokia agrees 15.6-bn-euro deal to buy Alcatel-Lucent Nokia has struck a 15.6-billion-euro deal to buy its rival Alcatel-Lucent to create the world's biggest supplier of mobile phone network equipment.

15 April 2015

EU to announce Wednesday on Google anti-trust probe EU competition regulators are set to announce whether they will file anti-trust charges against Google over its domination of the European search market.

15 April 2015

IMF to 'closely' examine currency swings: German source Top finance officials from the world's leading economies are keeping a close eye on exchange rate swings and will discuss developments in China's currency.

15 April 2015

Pepsi ousts Coke as NBA sponsor; Coke takes soccer play PepsiCo will replace Coca-Cola as the official beverage partner of the National Basketball Association, while Coke has teamed up with Major League Soccer.

14 April 2015

Obama zings Latin America over economic visions US President Barack Obama zinged Latin American leaders who have not moved beyond the economic dogma that defined the Cold War era.

11 April 2015

India's Modi to talk jets, nuclear energy in France Once persona non grata in Europe, India's prime minister will be welcomed with open arms in Paris as he kicks off his maiden visit to the continent to woo investors.

10 April 2015

Greece to make April IMF payment, but uncertainty reigns Greece is due to make its 459 million euro ($495 million) April loan payment to the IMF following days of uncertainty.

09 April 2015

Producers of milk and butter mislead consumers: Kazakhstan's Agriculture Minister Kazakhstan’s Minister of Agriculture Asylzhan Mamytbekov has talked about dairy products, particularly milk and butter, at the Food Security Conference held in Astana on March 13.

09 April 2015

Royal Dutch Shell agrees £47bn deal for BG Group Energy titan Royal Dutch Shell announced a mega takeover of British rival BG Group worth £47 billion.

08 April 2015

Greece agrees to repay IMF debt by April 9: Lagarde Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a meeting with Greek Finance Minister.

06 April 2015

Greece 'confident' of paying IMF on time: govt source Greece will meet its financial obligations to the IMF, easing speculation that Athens could default on its debts with unknowable consequences for global markets.

04 April 2015

Toyota to build new plants in China, Mexico: media Japanese auto giant Toyota plans to invest a combined $1.3 billion to build new plants in China and Mexico, its first major investment in five years.

03 April 2015

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