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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.

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

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

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

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

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

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.

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.

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

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.

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.

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

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.

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

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.

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

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

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

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

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