By 2020, the EU hopes that 20 percent of energy will come from renewable sources such as wind, solar and biomass.
London has trumped Hong Kong as the world's most expensive city, according to a report from international estate agent Savills.
European car sales rose a 12th consecutive month as price cuts by automakers and demand for compact models from Ford Motor Co.
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.
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).
Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG.
Sweden's Electrolux said on Monday it would double U.
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 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.
Europe's largest budget airline, Ryanair, has launched a flexible business-class ticket in its latest U-turn from a no-frills tradition.
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.
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.
SPAR Group planned to acquire an 80 percent stake in the BWG Group in Europe, a move that would position it for future expansion, the grocery retailer and wholesale distribution group said yesterday.