First coined in 2001 by Jim O’Neill of Goldman Sachs, the acronym BRIC, referring to the countries of Brazil, Russia, India and China, is today an almost universally recognised entry in the economic dictionary. While the fact that the four countries account for over a quarter of the world’s land mass and are home to more than 40 percent of the world’s population cannot be denied, projections of the future power of the BRIC nations have always differed widely.

The development, which will be located in the Outer Moray Firth, will include the construction of two neighbouring projects, one headed up by Moray Offshore Renewables Limited and the other by Beatrice Offshore Windfarm Limited. The combined development will involve a total of 326 turbines, making it the world’s third biggest offshore wind farm, one capable of generating electricity for more than one million homes. It is estimated that at the peak of construction of the turbines the project could provide work for up to 4,600 people.

Political uncertainty and the serious lack of infrastructure development have gone hand in hand to hold back the development of mineral resources in the DRC. We frequently cover gold mining projects in both West and East Africa that have been in development since the mid 1980s, however though it's among the richest natural resource countries in Africa, the DRC seems to have lagged badly.

Innovation has always been essential for any organisation wanting to grow. The importance of sustained innovation however, has been less widely recognised up until recently, but is taking on more significance as a result of two key factors.

Vodafone will pay €7.2 euros to acquire the private equity-owned business which offers cable TV and internet services to its more than 1.9 million Spanish customers.

This latest move furthers Vodafone’s expressed plan to spend up to £25 billion of the £84 billion generated from the sale of its stake in Verizon Wireless on investment in core European networks. It also comes six months after the company purchased a controlling stake in German cable operator Kabel.

The ban had been in place since the 2010 Gulf of Mexico oil spill that followed an explosion on the company’s Deepwater Horizon rig. It has been lifted after BP agreed to a detailed set of safety, operations and compliance requirements. The move will allow BP to enter into new contracts with the US government, including in the Gulf of Mexico.

With its headquarters in Bonn, Germany DHL is part of the massive Deutsche Post DHL Group, which in 2012 generated revenues of over €55 billion. DHL is the global market leader in the logistics industry acting as a supply chain partner to its customers in international express delivery, air and ocean freight, road and rail transportation and contract logistics.

Over ten million passengers made the 31 mile journey under the Channel between England and France, resulting in sales of more than €1 billion. This ultimately saw Eurotunnel register a net profit totalling €101 million, up from the €32 million it recorded in 2012.

The company has now set a €500 million earnings target for 2015 when it expects to pay tax on its profits for the first time.