europe news

Nokia one step away from joining the Microsoft family

One of the final hurdles in the way of Microsoft acquiring the mobile phone business of Nokia has been cleared with the Finnish company’s shareholders agreeing to the sale

SothebyÔÇÖs tickled pink by record diamond sale

History was made this week with record price for a gemstone shattered in Geneva

BritainÔÇÖs new Gateway to global trade opens

On November 7 the first ship called at DP World London Gateway, Britain’s new high-tech shipping port and Europe’s largest logistics hub,  amid hopes that businesses will save m

Upturn in European O&G deals

After a poor showing in the second quarter of 2013, there were signs of renewed M&A activity in the third

UK mining company wins historic Greenland licence

London Mining has been awarded a 30-year licence to build and run a giant iron ore mine in Greenland

French-Chinese consortium given the all clear to construct new nuclear power plant in the UK

The go-ahead has been given for the first new nuclear power station to be built in the UK for a generation

Nothing flat-packed about IkeaÔÇÖs sales

Ikea has reported a rise in full-year sales to the end of August, highlighting a gain in market share across nearly all of its markets

Merkel: a new shape to German politics

Angela Merkel's centre-right Christian Democrats (CDU) party has won Germany's election, netting more than 40 percent of votes cast: however Mrs Merkel’s current coalition partn

UK businesses profiting from redevelopment of Shetland oil assets

BP has announced that more the £1 billion of contracts have now been awarded to UK-based companies for the redevelopment of the Schiehallion and Loyal oil fields west of Shetlan

Maersk profits beat industry expectations

Maersk Group has surprised market watchers by announcing a big rise in profits at its container shipping unit

EADS to embrace the Airbus name

EADS it to rename itself after its commercial plane-making subsidiary Airbus

Credit where it is due

Swiss banking giant Credit Suisse has overcome difficult market conditions to record a big rise in quarterly profits

ADC & HAS checking into key European markets

US based company ADC & HAS Airports Worldwide is to purchase Belfast International and Stockholm Skasta airports

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