site.news_by_theme economy

Germany should drive economic recovery in Europe: IMF chief IMF chief C. Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, suggesting that German wages should rise.
25 August 2014
©Reuters Burger King plans to buy Canadian chain Tim Hortons Fast-food chain Burger King plans to buy chain Tim Hortons in an acquisition that will make it the world's third largest in the fast-food sector.
25 August 2014
©RIA Novosti Ukraine's economy minister announces resignation Ukraine's economy minister announced his resignation following conflicts within the government on how to turn around the economic situation.
22 August 2014
Russian Communist park restored amid wave of nostalgia A giant Moscow complex extolling the days of the old planned economy has been restored amid a wave of nostalgia for Russia's past.
22 August 2014
Photo courtesy of beerbook.ru Carlsberg lowers profit outlook on fall in Russian sales Danish brewer Carlsberg cut its annual profit guidance and said economic uncertainty in Russia, could prompt it to close some breweries.
20 August 2014
Hollande faces host of headaches on return from holiday President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays.
19 August 2014
Mercedes-Benz accused of 'price-fixing': China media China has accused Mercedes-Benz of price-fixing, state media reported, amid an anti-monopoly investigation into foreign carmakers.
18 August 2014
©Reuters/Soe Zeya Tun Coke buys $2.15 billion stake in Monster Coca-Cola announced it will pay $2.15 billion for a 16.7 percent stake in Monster Beverage.
15 August 2014
©Reuters/Chris Keane BMW's Chinese dealers fined over price-fixing Four Chinese dealers for German auto maker BMW have been fined about $260,000 as the government steps up a high-profile anti-monopoly campaign
14 August 2014
Iranian President Hassan Rouhani to visit Kazakhstan President of Iran Hassan Rouhani is coming to Kazakhstan on his first official visit.
13 August 2014
Electric cars fail to rev up car-mad Germans Germany is ranked the most fuel-efficient country on the planet, but when it comes to electric vehicles, Europe's top economy is in the slow lane.
13 August 2014
Mexican president signs landmark energy reform Mexican President Enrique Pena Nieto signed a package of landmark energy reform bills.
12 August 2014
©RIA Novosti Decline in Kazakhstani exports to Russia is due to economic cycles: expert Exports from Kazakhstan to the countries of the Customs Union declined in 2013. Sara Alpysbayev presents her explanation to the situation.
12 August 2014
Novosibirsk shopper in a cheese aisle. Photo © RIA Novosti Re-export of banned goods to Russia through Kazakhstan and Belarus Vladimir Putin’s response to the countries supporting sanctions against Russia in the form of an import ban might not be as effective as expected.
11 August 2014
Russia's stocks soar after avoiding delisting The shares of Russia's two biggest banks soared after avoiding being delisted from a top emerging markets index as part of the West's response.
11 August 2014
Vice Minister of Education and Science Takir Balykbayev. Photo © Turar Kazangapov 2 applicants per university scholarship in Kazakhstan: Ministry of Education For the upcoming 2014-2015 school year, there are a little over 2 applicants per a scholarship.
07 August 2014
Kazakhstan’s GDP real growth expected at 4.8%: IMF According to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.
07 August 2014
Argentina faces default as 'vulture fund' talks fail Last-ditch talks between Argentina and the US hedge funds it has branded "vultures" failed to reach agreement Wednesday, effectively pushing the country into default.
31 July 2014
©Reuters/Bogdan Cristel Bank of Cyprus completes $1 bn private share placement Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.
30 July 2014
With new default looming, Argentina urges calm Argentina admitted it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.
29 July 2014
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