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Photo courtesy of 24daily.net
Russia's Gazprom buys partners' shares in South Stream project

Russian gas giant Gazprom said it had taken complete control of the company behind the abandoned South Stream pipeline project, buying shares belonging to France's EDF.

Russia's Gazprom buys partners' shares in South Stream project
RIA Novosti©
Hungary to resume gas supplies to Ukraine from January 1

Hungary's gas pipeline network operator FGSZ said that it will resume gas supplies to neighbouring Ukraine.

Hungary to resume gas supplies to Ukraine from January 1
Photo courtesy of Eurasian Economic Commission
Single services market to come into effect in Eurasian Union

Eurasian Union member states activating single services market in more than 40 service sectors.

Single services market to come into effect in Eurasian Union
Russian ruble. ©REUTERS
Expats eyeing the exits after Russian ruble plunges

The plunge of the ruble hasn't left only Russians shell shocked -- foreign workers from traders to maids are considering bailing outю

Expats eyeing the exits after Russian ruble plunges
Illustration ©Tengrinews.kz
Several Kazakh banks cease issuing mortgage loans in tenge

Several Kazakhstan’s banks have ceased issuing mortgage loans in tenge.

Several Kazakh banks cease issuing mortgage loans in tenge
Canada's Foreign Minister John Baird. ©Reuters
Canada slaps new sanctions on Russia oil sector over Ukraine

Canada announced fresh sanctions on Russia over its support for rebels in Ukraine, targeting 20 Russian politicians and Ukrainian separatist leaders.

Canada slaps new sanctions on Russia oil sector over Ukraine
Apple halts Russia online sales as ruble tumbles

Apple said it had halted online sales of iPhones, iPads and computers in Russia as the ruble's plunge made it difficult for sellers of imported goods to fix local prices.

Apple halts Russia online sales as ruble tumbles
OPEC will not step in to support oil prices: Kuwait
OPEC will not step in to support oil prices: Kuwait

OPEC has no plans to intervene in the oil market to shore up sagging crude prices, the Kuwaiti oil minister said, as Brent crude breached the $60 mark.

OPEC will not step in to support oil prices: Kuwait
Russia grapples with shock ruble fall
Russia grapples with shock ruble fall

The Russian currency crashed to unprecedented lows trading at 80 rubles to the dollar and 100 to the euro.

Russia grapples with shock ruble fall
General view of IKEA's first city centre store. ©REUTERS
Ikea ruffles a few feathers with first Korean store

Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.

Ikea ruffles a few feathers with first Korean store
Oil prices mixed ahead of key OPEC meeting
Oil prices mixed ahead of key OPEC meeting

Oil prices were mixed in Asia ahead of a crucial meeting of the OPEC cartel later in the week that will discuss whether to trim output, analysts said.

Oil prices mixed ahead of key OPEC meeting
©Reuters
'Call of Duty' blasts past $10 bn in sales

Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales.

'Call of Duty' blasts past $10 bn in sales
Kuwait sees no output cut at OPEC meeting
Kuwait sees no output cut at OPEC meeting

OPEC is not likely to cut crude output when it meets later this month amid hopes that the market will absorb surplus supplies, the Kuwaiti oil minister said.

Kuwait sees no output cut at OPEC meeting
©Tengrinews reports
Deloitte, PwC, KPMG have captured Kazakh market: MP

Kazakh MP Vladislav Kosarev has declared that something needs to be done about the foreign audit companies that have captured the Kazakh market.

Deloitte, PwC, KPMG have captured Kazakh market: MP
Photo courtesy of ortcom.kz
Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets

Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.

Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets
French unemployment hits new record
French unemployment hits new record

Unemployment in France hit a new record in September, with official statistics published showing 3.43 million people claimed jobless benefits.

French unemployment hits new record
©REUTERS
Virus-free potato to hit Kazakhstan market in 2016

Kazakhstani scientists have developed virus-free potato that will soon hit the shelves of Kazakh stores.

Virus-free potato to hit Kazakhstan market in 2016
©REUTERS
Dollar gains as eurozone concerns linger

The dollar Friday climbed against other currencies following dovish comments from US and British central bankers and continued concern about the eurozone

Dollar gains as eurozone concerns linger
Apple starts iPhone 6 sales in key China market
Apple starts iPhone 6 sales in key China market

Apple began selling its latest iPhone in China Friday, nearly a month after other major territories due to a licence delay by regulators.

Apple starts iPhone 6 sales in key China market
©REUTERS
Oil prices and currency rates approach alarming levels for Kazakhstan

Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.

Oil prices and currency rates approach alarming levels for Kazakhstan