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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

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

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