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.
Whirlpool Enters into Agreements to Acquire Majority Interest in Indesit
Whirlpool Corporation (NYSE: WHR) and Fineldo S.p.A. announce that they have entered into a binding agreement for the sale of Fineldo’s stake in Indesit Company S.p.A. (BIT: IND).
White Rose CCS Project Secures Crucial EU Funding
The UK’s carbon capture and storage (CCS) industry is celebrating today after the European Commission confirmed it is to award up to €300m to the proposed White Rose CCS project in Yorkshire.
Germany to Adopt Minimum Wage
Germany has introduced a national minimum wage, which has been long resisted by conservatives who say it will make industries uncompetitive, but which is hoped will help the poor and stimulate demand.
Helvetia Agrees to Buy Nationale Suisse for $2 Billion
Helvetia Holding AG (HELN) agreed to buy a majority stake in Nationale Suisse (NATN) in a transaction valuing the company at about 1.77 billion Swiss francs ($2 billion)
