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1734 Business Articles

United Internet to Buy Versatel from KKR

United Internet AG (UTDI) agreed to buy full control of network operator Versatel GmbH to challenge rivals such as Deutsche Telekom AG.

Consumer Electronics Show Set to Showcase Latest Technology

Smart devices, a Samsung product launch and the latest smartphones are expected to dominate at the IFA consumer electronics show in Berlin.

Electrolux Buys GE Appliance Business in Biggest Ever Deal

Sweden's Electrolux said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric's appliances business.

Uncertain Outlook for Future Role of LNG in Europe

Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG.

Bitcoin could Transform Stock Market, say Bank of England

The technology behind digital currency bitcoin could have far-reaching implications and the potential to reshape the financial industry.

Phones 4u Heads into Administration after EE Contract Loss

UK mobile phone retailer Phones 4u is seeking the appointment of administrators after its EE did not renew its network agreement.

EU Car Sales Continue to Rise

EU car sales rose a 12th consecutive month due to price cuts by automakers and a rise in demand for compact models.

British Unemployment Rate Falls

British unemployment rate falls to 6.2 per cent in the quarter to the end of July, hitting another five-year low point.