Airbnb hires Apple vet in run-up to IPO

Airbnb has hired iMac, iPhone, iPad and Apple Watch designer Sir Jony Ive to help create…

‘Green’ ESG funds outperform S&P benchmark

Nine of the 10 largest US mutual and exchange traded ESG funds outperformed the benchmark Vanguard…

Kardashian West wades in on Nagorno-Karabakh conflict

Amid international appeals to end the hostilities and initiate peace talks, Kim Kardashian West, whose late…

Saudis pump $500bn into high-tech city as ‘baby boomers’ head for job market

Saudi Arabia is planning to invest $500bn in a  futuristic city run entirely on alternative sources…

UK fund backs 600MW solar farm as part of Iran’s $60bn renewables plan

Quercus, the  UK-based  ‘green’ investment fund,  has signed a deal worth €500m  to build and operate a…

Petya hits global supply chain

Operations at one of the terminals at India’s largest container port JNPT have been disrupted by…

Kazakhstan to increase Silk Road container capacity tenfold by 2020

Kazakhstan has signed up to increase the volume of container shipments that it processes  on the…

Alrosa launches Eurasian Diamond Centre in Vladivostok as Eastern Economic Forum gets under way

Alrosa, Russia’s largest diamond mining operation, launched the Eurasian Diamond Centre in Vladivostok yesterday to coincide with…

New World Trade Outlook Indicator launched to aid short-term forecasting

In an attempt to improve real-time global economic forecasting,  the World Trade Organization (WTO) last week…

State-owned enterprises driving Chinese FDI, SASAC chief reports

Chinese FDI: State-owned enterprises (SOEs) are driving the accelerating pace of Chinese overseas investments, according to a report compiled…

Southern Gas Corridor on track for 2018 with SD2 over 70% complete

Half of the $42bn that Azerbaijan’s mammoth offshore Shah Deniz 2 (SD2) gas field  is expected to cost…

North-South International Transport Corridor scheduled to link Mumbai to Moscow via Azerbaijan by August

Mumbai to Moscow:  The first cargo train to make the journey from India to Russia via Azerbaijan on  the new North-South…

Fosun Group planning $1.7bn Sanya Atlantis resort for Hainan

Sanya Atlantis: China’s  Fosun Group  conglomerate is planning to invest almost $17bn in a massive marine  tourist project…

Chinese M&A hits new high

Chinese M&A: Despite Beijing’s attempts to tighten control of capital, Chinese outbound investment in the form…

Russia extends ban on Turkish food imports to complete embargo

Turkish food imports: The Russian heath and safety watchdog Rosselkhoznadzor this week effectively put a ban on all…

101 Kazakh mineral deposits to be put up for auction

Kazakh mineral deposits: The Kazakh government is to hold an auction  over 100 mineral deposits in…

Uzbek GDP grows 7.5% in Q1

Uzbek GDP grew by 7.5% between January and March compared to the same quarter in 2015, the…

Russian billionaire Yuri Milner pumps $100bn into Breakthrough Starshot

Breakthrough Starshot: Russian billionaire internet investor Yury Milner  has joined forces with the world-famous physicist Stephen Hawking…

World Bank predicts Central Asian stagnation and urges cooperation

Central Asian stagnation: The economies of Europe and Central Asia continue to face difficult headwinds in an…

S&P confirms Russia’s long-term foreign currency rating as BBB-

Standard & Poor’s this week  confirmed Russia’s long-term foreign currency rating at BBB- and its sovereign credit…

Tehran refuses to join freeze until Iranian oil production hits 4m bpd

Iranian oil production: Iran will not consider joining Russia and Saudi Arabia in their plans to put…

Gazprom cuts private sector Turkish gas supplies by 10% over price dispute

Turkish gas: Russian energy giant Gazprom has reduced natural gas supplies to private sector companies in…

Rosneft increases stake in Orinoco River Basin JV and offshore projects

 Rosneft has agreed to to invest a further $500m in the  Orinoco River Basin JV it operates with…

Prada planning first restaurant in China as luxury goods market slows

Prada, the iconic Italian luxury goods retailer, is looking for a suitable location to open its first restaurant…