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.
Apollo Tyres plans to invest Euros 500 million to construct a green field facility in Eastern Europe as part of its overseas expansion plans.
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.
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.
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.
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 is paying £4.
Britain's biggest retailer, Tesco, have announced that Chief Executive Philip Clarke will step down in the later part of 2014.
It has been reported that UK inflation rose much faster than expected in June, with consumer prices expanding by 1.