The state of Germany’s consumption of energy has been in discussed in the past week. Analysts are predicting that the country is in for a series of power shortages within the near future.
Even though they use coal powered plants, Germany has started a trend to stay away from using coal to provide energy. Another […]
The UK is suffering for the damage of the opening of Terminal 5 has had on its image and reputation. More specifically, the numerous problems with the Terminal’s opening has some people wondering how British Airways can possible improve the situation that has been created.
The terminal was herald to be the latest in building […]
Belgium is looking to wind! Belgium - Brussels more specifically, is expected to use the energy created from windmills to power the city. Even the
European Commission is in support of Brussels’ new bid to use wind energy, and developing it from offshore. Wind energy has become popular over the last decade, and is seen […]
This week it was announced that two German shipyards had been sold to Russian companies, highlighting the growing trend of many German
companies being purchased by Russia. The Norwegian Aker Yards sold their rights to a shipyard in Warnemunde and in Wismar to a Russian fund
named FLC West. Aker Yards stated they were promised […]
The Financial Supervisory Authority in Iceland and launched an official investigation into allegations against international hedge funds. There are currently rumors circulating of attacks being made against the Icelandic stock market by hedge funds.
Whist this is going on, one of Iceland’s leading banks, Kaupthing, is currently deliberating as to whether they will initiate […]
The second largest airline in Australia, Virgin Blue Holdings Ltd, has just issued a new service that will occur between Los Angeles, California, and Sydney. The flights which will start in December will save customers at least sixteen percent off their current travel expenses between these two cities. According to Richard Branson, Chairman of Virgin […]
The French spirit company Pernod Ricard was successful in outbidding its competitors to obtain the very popular Absolut vodka brand. Pernod Ricard will purchased the Swedish vodka company at a price tage of $8.34 billion dollars.
Based on this successful, Ricard will also “inherit” the debt that comes along with the company - at a […]
London is visualizing how it will deal with the growing influx of people into its city. Even though it is less crowded that other cities such as Cairo or Paris, the next fifty years will be a crucial time to try and fit more people into a growing population, but with less amount of land […]
The Monaco business Wally Yachts has continued to surpise us with its daring designs. Its recent yacht to be unveiled is said to be a monster yacht known as WallyIsland. The specs for this yacht include a size of a least 325 feet. This megayacht can be used as a home, or even a moving […]
The European Union Commission announced on Friday that they would not be pursuing a ban on Italian mozzarella after it cases were discovered of the cheese being contaminated with dioxins which cause cancer, as the Italian government has taken adequate measures to control the issue,
In a news conference, E.U. heath spokesperson, Nina Papadoulaki, […]
A report surfaced today accusing the supermarket store brand Lidl of spying on its employees. Information released allege that the store uses business practices that are not favourable to its employees.
For instance, in many stores it is alleged that employees are constantly watched by Lidl hiring detectives to keep track of them while working. […]
In a new situation known as offsourcing, IT firm Wipro is slated to hire hundreds of new people for their offices outside of London. The company is a large employer of over 6,000 people within the European Union, and would like to open one new office within the next two years. The Indian company with […]
Amid the current international market turmoil, some countries are faring better than others. Germany and France are proving the strength of the continental European economies by weathering the tumultuous markets with business confidence in tact.
Last Wednesday saw Germany’s Ifo institute release figures which showed that the index has risen for the last three months […]
The new opening of Heathrow Terminal 5 was marred with many problems such as protesters and a faulty baggage machine. Terminal 5 was built to be the new state of art terminal to move passengers quickly to their destination.
However, after less than an hour, many people were left angry as the baggage machine failed […]
Cyprus is still a divided island, however the Greek and Turkish leaders of the island have agreed to a series of meetings, set in three months times, to discuss paths to unification, which has held Turkey back from being accepted into European Union.
In a sign of peace, both the Greek leader of Cyprus, […]
According to Lord Neil Kinnock, a former politician who is now the chair of the British Council, the mounting hostility between Europeans and U.S. citizens could leave long lasting damage to transatlantic relations.
A former vice-president of the European Commission, Lord Kinnock stated that he found the results in the British Council survey that was published […]
The European Union are set to lead the world once more in the fight against global warming. Within the next 12 months, the E.U. will introduce new laws to ensure they reach the decisive goals they the have outlined for themselves.
Friday should see the E.U., which is comprised of 27 nations from Europe, announce from […]
Nine months ago, Yves Leterme, a divisive Flemish, Christian, Democrat was elected to the role of Prime Minister (PM) in Belgium. Next week, his administration actually steps in and takes up leadership of the country.
Since being elected last year, the PM has weathered a severe political deadlock and serious health issues.
Leterme is expected to be […]
Listed below are some of the company’s shares which may have unusual prices alterations in the region of Europe. Stock symbols are in addition following the company names along with the most recent stock prices.
The Index of Dow Jones Stoxx 600 declined to 1.3 % to end at 311.42 while Dow Jones Stoxx 50 fell […]
The European Union Commissioner wants a promotion to work against the usual typecast of the professional women as too technical and boring. Viviane Reding, the Commissioner of European Commission for information media & society and the ambassador against the overcharge roaming charges did set her views on the deflating geeky IT typecasts that she feels […]