site.news_by_theme economy
Nissan raises full-year profit forecast to $3.5 bn
Nissan said Monday it was raising its full-year net profit forecast to $3.5 billion, thanks to cost cutting efforts and a cheaper yen.
09 February 2015
Calls to ban Russian imports voiced in Kazakhstan
Kazakhstani enterprises find themselves under increasing pressure with cheap products being imported from Russia. Some are calling for customs duties on the border between the Kazakhstan and Russia to be reintroduced.
09 February 2015
Moody's threatens to downgrade Greece
Moody's placed Greece's credit rating on review for a downgrade Friday, citing "high uncertainty" about the country's talks with creditors.
07 February 2015
IMF urges G20 to take action to unstick global growth
International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.
07 February 2015
Greek finance minister met with 'scepticism' in Berlin debt talks
Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.
06 February 2015
Russia pushes UN to cut off Islamic State funds
Russia is making a push at the United Nations for a new resolution to choke off funding from oil sales to the Islamic State group.
05 February 2015
Kazakhstan ranks above world average in Economic Freedom
Kazakhstan ranks 69th in the annual Index of Economic Freedom, better then France and Italy.
05 February 2015
Major German investments in Hungary despite rights issues: report
Chancellor Angela Merkel discussed major German investments including involvement in a Russian-built nuclear plant during her visit to Hungary.
04 February 2015
Toyota raises full-year profit forecast to record $18 bn
Toyota raised its earnings forecast for the year to March, saying it expects to book a record $18.1 billion annual net profit thanks to a weak yen and cost cuts.
04 February 2015
Abbas orders probe into West Bank Mohammed cartoon
Palestinian president Mahmud Abbas has ordered an investigation into a drawing of the Muslim Prophet Mohammed which appeared in a West Bank newspaper.
04 February 2015
Kenya obtains nearly $700 mn in IMF backing
Kenya obtained nearly $700 million worth of precautionary loan support from the International Monetary Fund.
03 February 2015
Obama urges less austerity in Greek recovery
Greece will not deliver a strong economic recovery unless authorities loosen austerity programs, US President Barack Obama suggested in remarks that aired.
02 February 2015
Germany's anti-euro party agrees to slim down leadership
A congress of Germany's anti-euro AfD party ending moved to streamline its leadership structure in a bid to be more effective after weeks of dispute within the fledgling group.
02 February 2015
Merkel rules out debt reduction for Greece
German Chancellor rejected the prospect of debt relief for Athens, adding to tensions between the radical new Greek government and its international creditors.
31 January 2015
EU must realise Russia sanctions lead nowhere: Moscow
The European Union's decision to extend sanctions against Russia over Ukraine is a destructive policy that will lead nowhere.
30 January 2015
Honda cuts profit forecast as airbag recall weighs heavy
Honda cut its full-year net profit forecast as the Japanese automaker faces soaring recall costs.
30 January 2015
Gaza war pushed Palestinian economy into recession: IMF
The war between Israel and Gaza drove the Palestinian economy of Gaza and the West Bank into its first contraction since 2006, the International Monetary Fund said.
30 January 2015
Amazon surprises with $214 mln quarterly profit
Amazon surprised the market with a quarterly profit far better than anticipated for the online giant known for investing for the long term.
30 January 2015
Russia's Gazprom profits plunge 61%, hit by Ukraine row
Russia's gas giant Gazprom said its third quarter profits plunged 61 percent as supplies were suspended to Ukraine, one of its main customers.
29 January 2015
IMF begins work on 'Plan B' as US blocks reforms
The IMF said it would begin working on alternatives to its stalled, five-year-old reform program after passing another year without the required ratification.
29 January 2015