site.news_by_theme economy
McDonald's CEO pays price for growing woes
Fast-food giant McDonald's replaced president and chief executive Donald Thompson, after the company turned in another poor quarter of sales and earnings last week.
29 January 2015
EU to consider new Russia sanctions over Ukraine
European Union leaders have tasked their foreign ministers to consider a new wave of sanctions against Russia when they meet in Brussels.
27 January 2015
IMF set to continue support Greece after election
The International Monetary Fund said it was prepared to continue its financial support of Greece.
27 January 2015
Karim Massimov meets PM of Luxembourg Xavier Bettel at WEF
Prime Minister of Kazakhstan Karim Massimov has met with Prime Minister of Luxembourg Xavier Bettel during the World Economic Forum (WEF) in Davos, Switzerland.
26 January 2015
Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy
Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.
26 January 2015
Russians ready to eat less in crisis, united round Putin: deputy PM
Russians are ready to ride out the current economic crisis, even by eating less food, and to stand by President Vladimir Putin's side regardless.
24 January 2015
Kerry makes impassioned Davos call to fight terrorism
US Secretary of State John Kerry set out his vision for the fight against Islamist violence in an impassioned speech in Davos.
24 January 2015
Internet will 'disappear', Google boss tells Davos
Google boss Eric Schmidt predicted that the Internet will soon be so pervasive in every facet of our lives that it will effectively "disappear" into the background.
23 January 2015
Nazarbayev discusses south-eastern Ukraine and sanctions against Russia with Obama
President of Kazakhstan Nursultan Nazarbayev has discussed the situation in Ukraine as well ask sanctions against Russia during a phone call initiated by the American President Barak Obama.
22 January 2015
eBay to slash 2,400 jobs in bid to 'compete and win'
E-commerce giant eBay will slash 2,400 jobs in the current quarter as it restructures and prepares to spin off its PayPal finance unit.
22 January 2015
Russia unveils $21 bn anti-crisis plan
The Russian government unveiled a $21 billion anti-crisis plan to tackle the country's stalled economy.
22 January 2015
Jews, Muslims, Christians tackle 'Charlie', religious violence at Davos
What do a rabbi, an archbishop, a top Islamic academic and former British prime minister Tony Blair have in common?
22 January 2015
EBRD on Kazakhstan’s 2015 economic prospects
Back in September 2014 the Bank had estimated the country’s 2015 growth rate at 5.1%.
21 January 2015
World Bank trims estimate of Ebola economic cost
The World Bank trimmed its estimates of the economic damage of the Ebola epidemic.
21 January 2015
Bolstered by economy, Obama faces hostile Congress
Barack Obama faces the massed ranks of Congress for the first time since his party lost control there, but don't expect him to cut a humbler figure.
20 January 2015
IMF chief warns Greece: 'A debt is a debt'
IMF chief Christine Lagard warned of "consequences" if European countries try to renegotiate their debts, ahead of Greek elections.
20 January 2015
Russian government takes flak as it fails to stem economic crisis
Russian authorities are coming in for growing criticism from economic insiders concerned over a lack of clear policies to deal with the crisis.
19 January 2015
Tunisia wants to join Customs Union
Tunisia has sent a request for joining the Customs Union.
18 January 2015
Moody's cuts Russia debt rating one notch
Moody's cut Russia's credit rating to one step above junk level Friday and warned the country was under review for a further downgrade.
17 January 2015
Barclays loses tens of millions over Swiss franc move
British bank Barclays has lost "tens of millions" of dollars after Switzerland's central bank scrapped its currency ceiling against the euro.
17 January 2015