Apollo Tyres to Expand into Eastern Europe
Apollo Tyres plans to invest Euros 500 million to construct a green field facility in Eastern Europe as part of its overseas expansion plans.
Walgreens to Buy Remaining Stake in Alliance Boots
U.S. giant Walgreens is expected to announce a close to £6 billion ($10.1 billion) deal to buy the remaining stake in U.K. drugstore chain Alliance Boots on Wednesday morning.
BMW Beats Profit Forecasts, See Record Sales
Sales by the core BMW brand rose 8.3 percent to 458,000 vehicles, a record high, as new models such as the 4-series coupe and 2-series compact helped the group to tap stronger demand in China and Europe.
Munich’s Technical University Switches Masters to English Language
Munich’s Technical University (TU), one of Germany’s top universities wants to ditch German and switch almost all of its master’s programmes to English in the next six years.
Google Launches Venture Capital Fund for EU Tech Companies
Google will be launching a $100 million (£58 million) venture capital fund to invest in promising European technology companies.
Italy’s GTECH to buy IGT for $6.4 Billion
GTECH, Italy's lottery operator, said it will buy Las Vegas-based slot machine maker International Game Technology (IGT) for $4.7 billion.
Cost of Living in UK Rises, Affects Young People
Young Britons have been hit hardest by the rise in cost of living, says a report by the Institute for Fiscal Studies (IFS).
Tesco Chief Exec to Step Down
Britain's biggest retailer, Tesco, have announced that Chief Executive Philip Clarke will step down in the later part of 2014.
BSkyB in £5 Billion Deal to Create Sky Europe
BSkyB is paying £4.9bn to take over Rupert Murdoch's pay TV companies in Germany and Italy after some record viewing figures.
Park Inn Opens at Pulkovo Airport in St. Petersburg
The Park Inn hotel offers 200 rooms and suites and has direct connection to the newly build Terminal 1 at Pulkovo Airport.
Sappi Reports Quarterly Profit as Cost Cuts Offset Weak Prices
Sappi Ltd., the world's biggest producer of dissolving wood pulp, reported a third quarter profit after cost cutting to offset price changes.
Shell : Second Quarter Earnings More Than Double
Royal Dutch Shell posted a jump in quarterly earnings on Thursday, as its newly-installed CEO works to cut costs and streamline projects.
