Everyone knows that the “Autobahn” is every male’s dream. A long stretch of road without any speed limit. However, for anyone dreaming of reaching a top speed, this will soon change. The government has imposed a new speed limit on the “Autobahn” making it illegal for drivers to go more than one hundred and twenty […]
The amount of customers who own a mobile phone to access banking services from their main bank is expected to increase more than 10 times the number when it is measured in the next four years.
Consumer mobile banking services for over eight hundred million people are expected to be the norm by the year 2011. […]
The head of Eurostar is quite happy for the success of Eurostar since its move to St Pancras from Waterloo. During the initial move, the company celebrated a strategic move on their part to become based at St Pancras, London.
Data released yesterday confirmed that this was a successful move as the company posted a […]
The well known German company Siemens plans to file a lawsuit worth millions in light of the scandal that occurred last year. The company was headlined in the newspaper after it was discovered that former executives were involved in deceit and corruption.
One of the people whom Siemens is hoping to sue is the ex-chairman of […]
The European Parliament has stated that it does not feel that anyone who shares files, without profiting from it, should be consider a criminal. Their decision came as a row has erupted between Internet Service Providers and the music industry. ISPs have been told to disconnect the internet of someone found to be illegally sharing […]
The City of London is expected to have a large financial downturn within the next two years. Analysts are already expecting that this loss of jobs willl be worse than the previous crash of the dotcom market. It is estimated that at least twenty thousand jobs will be lost within the financial and banking sector […]
A new property investment fund has been established this week, with Anglo-Romanian Development (ARD) to be the Asset Manager.
This new fund has been set up by Catalyst Global Funds LLP, who have been open about their attempts to make use of ARD’s considerable experience with the Romanian property market and set up a framework that […]
With the fiasco that was caused by the opening of terminal five, British Airways has decided to increase the time it will take before moving its operations to the new terminal.
With the problems at the new “state of the art” terminal, BA said that it is best to delay moving its long haul flights […]
Wal-Mart has announced that its new executive will look at the viability of opening a store within Russia. Wal-Mart hopes to expand to Russia, and any of the other European partners that this country trades with.
The new executive Stephan Fanderl has become the presiden of the emerging markets - East division for Walmart. He […]
A large number of people will start to feel the weakness of the UK’s pound when they go on holidays this year. The more rapid growth in the euro causes them pay an increase in price of all the hotels, meals in major European destinations.
As more traders continue to increase Europe single currency to […]
Tesco mobile has released information that after testing they have discovered that their customers are ready for mobile advertising and mobile phone ads.
The Mobile Virtual Network Operator recently completed a project last May where it tested ads on its mobile network.
Tesco said they saw a growth of new visitors to approximately 300,000 people […]
With the recen news about the economy, and the decline in shares in pharmaceutical companies, Novartis announced that it had recently purchased Alcon.
Alcon is well known as a major company specialized in solutions and services for eye care.
With this new business venture, pharmaceutical giant is expected to buy Alcon for at least $143 […]
There is a growing concern for the state of the Italian airline company Alitalia, as the business venture to sell the airline continues to be plagued with delays.
The last prospective buyer was Air France-KLM, but the deal fell through and Air France-KLM withdrew its offer.
The Italian airline company has been trying to find […]
The European Commission is concerned about the amount of information that search engines store on people that use them.
Based on a report issued by Commission, it has found that at least 5-7 months of personal information is being held by search engines.
This calls into question just how secure they really are.
The European […]
For those of us that have enjoyed the peaceful holiday travel - this is about to change.
The EU has announced that it will allow passengers the ability to use their mobile phones while in the air.
This new ruling will not be completely installed until approximately six months time, but does give passengers flying […]
People all over the world are calling on governments to decrease the rising food prices.
Food prices have increased dramatically in the past few years all over the world. In Asia, there is an increase in rice prices. The economy is also trying to recover from increasing wheat prices. This will affect a large number […]
Russia is making headlines within the European Union again.
This time it is in regards to a large scam uncovered that involved many influential people in Russia. Information released by Hermitage Capital Management show that an elaborate scheme of fraud was launched against its subsidiaries.
According to Hermitage Capital Managament, Ltd, papers and company seals […]
There is a growing concern about the amount of children working in Egypt. The European Union is considering working with countries such as Egypt where many of its workers are below the age of 16. Children as young as eight will spend long hours working for brick factories located on the outskirts of the city […]
The British government is expected to take a more active role in preventing youth and children from being victims of pedophiles. In their latest attempt, the government would like to ban anyone convicted of paedophila from being able to use any social networking site such as Bebo or Facebook. The government would like to enforce […]
The European leaders of Nato have announced that they will be approving the U.S.’s bid to install new missile defenses within Europe, ahead of George W. Bush’s talks with the Russian President, Vladimir Putin.
Nato leaders convened at at summit in Bucharest last Thursday, where they announced that they would support the plans, and even […]