BP said that it had acquired the 1.16 percent stake from Malaysia's Petronas for $168 million.

S&P said that the negative outlook reflected the bank’s still high amount of problem loans, low earnings, and high loan concentrations.

Ramil Mukhoryapov’s company, Chocofamily Holding, is celebrating its 10th anniversary this year. Once a small start-up, Chocofamily is now one of Kazakhstan’s largest e-commerce companies.

Annual inflation in Ukraine climbed to 10.9 percent in October, down from 11 percent in September.

The OPEC+ quota for Kazakhstan in December was set at 1.556 million bpd, and every month production will increase by an average of 16,000 bpd.

The regulator’s decision was based on some key factors, including declining annual inflation rates, as well as pro-inflationary risks in the global and domestic economy.