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.

SPAR to Acquire 80% Stake in BWG Group, Europe

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.

Walgreens to Buy Remaining Stake in Alliance Boots


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.

BMW Beats Profit Forecasts, See Record Sales

New models and strong sales in China have helped BMW to beat second-quarter profit forecasts and keep it on track to remain the world's biggest luxury car maker under the challenge of its German rivals.

Munich's Technical University Switches Masters to English Language

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, prompting fears that the academic standing of the German language is under serious threat.

Shell's Second Quarter Earnings More Than Double

Royal Dutch Shell (Shell) posted a healthy jump in quarterly earnings on Thursday, as its newly-installed CEO works to cut costs and streamline projects.

Sappi Reports Quarterly Profit as Cost Cuts Offset Weak Prices

Sappi Ltd.

Park Inn Opens at Pulkovo Airport in St. Petersburg

The hotel offers 200 rooms and suites and has direct connection to the newly build Terminal 1 at Pulkovo Airport which provides convenience for early arrivals, late departures and travellers in transit.

BSkyB in £5 Billion Deal to Create Sky Europe

BSkyB is paying £4.

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.

Cost of Living in UK Rises, Affects Young People

It has been reported that UK inflation rose much faster than expected in June, with consumer prices expanding by 1.