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Chevron assets frozen in Argentina over Ecuador case An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.
09 November 2012
Republicans lay down battle lines over fiscal cliff Republicans offered newly re-elected President Barack Obama a short-term fix to the fiscal cliff Wednesday, but insisted they would not cave in to tax increases to boost revenues.
09 November 2012
Merkel in Britain for tough budget talks with Cameron German Chancellor Angela Merkel and British Prime Minister David Cameron held talks over the EU's hotly contested budget in London on Wednesday with both agreeing that the bloc needed to heed public opinion.
08 November 2012
ECB's not set to fire 'bazooka' yet The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.
08 November 2012
Football: Austerity bites for Greek football New austerity measures to be voted on by Greek lawmakers on Wednesday are expected to deal a further financial blow the country's football teams as fans find it increasingly difficult to pay for tickets.
07 November 2012
Restaurant fury as France hikes taxes on eating out Dining out and staying in a hotel in France will become more expensive from the end of next year after the government announced plans Tuesday to hike VAT and hinted at an even bigger increase.
07 November 2012
Spain blocks ECB nominee as gender row deepens Spain blocked Monday the appointment of another man to the all-male ECB's executive board but a source said Madrid's decision was motivated by a desire to regain influence at the top of the eurozone's central bank.
06 November 2012
©REUTERS Toyota ups full-year profit target to $9.7 billion Toyota Monday hiked its full-year profit forecast to 780 billion yen ($9.7 billion) despite saying it expected to sell fewer cars due to weakness in Europe and China and a Sino-Japanese territorial row.
05 November 2012
Photo courtesy of public-domain-image.com Foreign firms owe British taxman £5.5bn Foreign companies in Britain owe around £5.5 billion in taxes, figures unearthed by The Times newspaper showed Saturday.
04 November 2012
Nathaniel Rothschild (L) and Bakrie & Brothers Chief Executive Officer Bobby Gafur Umar. ©REUTERS Rothschild mulls counter-bid in Bumi battle: report British financier Nathaniel Rothschild is mulling a bid for Bumi Plc coal assets to counter an offer by Indonesia's powerful Bakrie family, and has approached one of their rivals.
04 November 2012
US election to cost $6 bn: study US political campaigns will spend $6 billion in federal races this year, making the 2012 general election the most expensive poll in American history.
01 November 2012
Photo courtesy of Tengrinews.kz Kazakhstan National Bank's gold reserves increased by 30 percent Share of gold in the gold and currency reserves of Kazakhstan's central bank increased by 30 percent from the beginning of the year.
01 November 2012
Panasonic shares plunge after loss forecast Shares in Panasonic dived nearly 20 percent Thursday after the Japanese firm warned of a mammoth $9.6 billion annual loss in the latest sign of trouble for the nation's hard-hit electronics giants.
01 November 2012
Kazakhstan Vice Prime-Minister Kairat Kelimbetov. Photo courtesy of pm.kz Kazakhstan will attract more investors after joining WTO Kazakhstan Vice-PM told about the prospects of Kazakhstan's joining the WTO at the 3rd Kazakhstan business forum in London.
29 October 2012
©REUTERS Kazakhstan financial police mulls banning legal entities from cashing out money Everyone understands that such big amounts of cash are often used for bribes, for dodging taxes and other compulsory payments into the budget: financial police.
29 October 2012
Hollande discusses debt crisis with top global heads French President Francois Hollande holds talks on Monday with the heads of the World Bank and other top economic bodies to discuss the eurozone debt crisis and ways to kickstart growth.
29 October 2012
Poland's Central Bank Governor Marek Belka. ©REUTERS Eurozone divorce would 'kill the kids': Polish central banker The debt-ravaged eurozone is in trouble but every effort must be made to keep this currency marriage intact because a divorce would end up "killing the kids.
27 October 2012
Air Astana plane. Photo courtesy of avsim.su Air fares may go up in Kazakhstan again KazAeroNavigatsiya submitted a request to raise air fares to Kazakhstan Agency for Natural Monopolies Regulation.
26 October 2012
Athens to get two more years to meet deficit target: report The Greek government will get a grace period of an extra two years to rein in its runaway public debt.
25 October 2012
Facebook Chief Executive Mark Zuckerberg. ©REUTERS Facebook touts mobile gains as earnings beat forecast Facebook said it was making strong gains in tapping the mobile advertising market as the world's leading social network turned in better-than-expected third quarter earnings Tuesday.
25 October 2012
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