News Stories

Germany Decides to Abandon Coal Mining

Germany will gradually phase out its coal mining, after declaring that it makes no economic sense. Subsidies to phase out the mining over the next decade will cost 30 billion euros ($41 billion.)more

Tehran and Ankara launch second round of energy discussions
Ankara and Tehran are meeting for the second round of discussions today in the Iranian capital.

GM eyes electric-car initiative
General Motors may allow buyers of its Chevy Volt electric car to rent the vehicle’s battery as a way of pricing the vehicle.


Toyota Says Quarterly Profit Jumped 32%
Toyota reported a 32 percent rise in second-quarter profits and strong sales, widening its lead over General Motors.

AAA Auto turns trade’s shady image to advantage
Central Europe’s largest used auto dealer hopes to raise €45m through an IPO.

New Driver at Chrysler as Daimler Shifts Gears
DaimlerChrysler announced the official end of their trans-Atlantic alliance with the completion of the sale of a majority stake in Chrysler.

French minister hails progress on Niger-Areva row
France and Niger are close to resolving a dispute concerning nuclear giant Areva.

International Power to join windfarm top 10
International Power is set to become one of the world’s largest operators of windfarms.

European companies and carbon markets
The European Union’s Emissions Trading Scheme are struggling to make the most of carbon markets.


ICI opens books to Akzo
Akzo Nobel gained access to ICI’s books after the Dutch conglomerate raised its indicative bid.

Turkish annual inflation falls to multiyear low
Turkey’s consumer price index (CPI) fell more than expected month-on-month in July.

Barclays officially launches ABN takeover bid
Barclays officially launched a takeover bid for Dutch peer ABN Amro worth more than 90 billion dollars.


Renewable energy at what cost?
Building enough wind farms, damming enough rivers, and growing enough biomass will wreck the environment.

Novartis patent challenge dismissed
The Madras High Court has rejected a challenge by Novartis to an Indian law that denied patents for minor drug.

Greece hemorrhaging doctors
At least 3,000 Greek doctors have relocated to the UK over the past three years.

DFJ to acquire stake in Esprit Capital
DFJ signals the further globalisation of the industry by taking a stake in Esprit Capital Partners.

BT in bid for group to boost French presence
BT will strengthen its business serving the IT and telecommunications needs of French.

EU Mobile Phone Users Benefit From Lower Prices
The Eurotariff has now become a binding law among EU member states.


Staying in touch after uni thanks to Facebook
End of your uni days looming? Staying in touch with your campus mates is easier than ever.

Foreign students charged hugely inflated tuition fees, survey reveals
Universities and colleges in the UK charge international students vastly inflated.

What will I earn when I leave?
League table of the cold hard cash earned by new graduates in your subject.

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