Europe Supports Hinkley Nuclear Plant

A new £16bn nuclear power station at Hinkley Point in Somerset is to go ahead after it received final approval from European Union regulators.

A Closer Look at Europe's Suffering Supermarkets

As discount chains knock spots off Sainsbury's, Tesco, Asda, and Morrisons in the UK, grocers in Europe and further afield are suffering too.

EU Approves Facebook Buyout of WhatsApp

European Union regulators on Friday (Oct 3) cleared the buyout of the WhatsApp mobile messaging service by Facebook, despite opposition by telecom companies afraid of the growing power of US technology giants.

Adidas to Start $1.9 Billion Shareholder Return Program

Adidas AG, the world's second-largest sporting-goods maker, will return as much as 1.

Aldi Profit Booms in the UK & Ireland

Discount supermarket Aldi has had a record year in the U.

Munich Aims for a 100% Clean Electricity Supply by 2025

By 2020, the EU hopes that 20 percent of energy will come from renewable sources such as wind, solar and biomass.

London Overtakes Hong Kong as Priciest Place to Live

London has trumped Hong Kong as the world's most expensive city, according to a report from international estate agent Savills.

British Unemployment Rate Falls

Britain's unemployment rate fell to 6.

EU Car Sales Continue to Rise

European car sales rose a 12th consecutive month as price cuts by automakers and demand for compact models from Ford Motor Co.

Phones 4u Heads into Administration after EE Contract Loss

UK mobile phone retailer Phones 4u said it is seeking the appointment of administrators from PricewaterhouseCoopers after its key partner EE notified the company that it would not be renewing its network agreement.

Bank of England says Bitcoin could Transform Stock Market

The technology behind digital currency bitcoin could have far-reaching implications and the potential to reshape the financial industry, according to a new report by the Bank of England (BoE).

Uncertainty Clouds Outlook for LNG's Future role in Europe

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

Electrolux Buys GE Appliance Business in Biggest Ever Deal

Sweden's Electrolux said on Monday it would double U.

Consumer Electronics Show Set to Showcase Latest Technology

Smart devices, a Samsung product launch and the latest smartphones are expected to dominate the headlines at the IFA consumer electronics show in Berlin, which takes place from September 5-10.

United Internet to Buy Versatel from KKR

United Internet AG (UTDI), a German Web-access provider, agreed to buy full control of fiber-optic network operator Versatel GmbH for 586 million euros ($769 million) to challenge rivals such as Deutsche Telekom AG.

Ryanair Launches Business-Class

Europe's largest budget airline, Ryanair, has launched a flexible business-class ticket in its latest U-turn from a no-frills tradition.

Amazon Buys Twitch for $970 Million Cash


London Named Most Attractive City for FDI Deals

London has been named the world's most influential city as it attracts more than double the amount of foreign direct investment deals than New York, a new study shows.

Are Europe's Nuclear Power Plants too old?

Europe's ageing nuclear fleet will undergo more prolonged outages over the next few years, reducing the reliability of power supply and costing plant operators many millions of dollars.