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1693 Business Articles

Google Launches Venture Capital Fund for EU Tech Companies

Google will be launching a $100 million (£58 million) venture capital fund to invest in promising European technology companies.

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Italy’s GTECH to buy IGT for $6.4 Billion

GTECH, Italy's lottery operator, said it will buy Las Vegas-based slot machine maker International Game Technology (IGT) for $4.7 billion.

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Cost of Living in UK Rises, Affects Young People

Young Britons have been hit hardest by the rise in cost of living, says a report by the Institute for Fiscal Studies (IFS).

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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.

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BSkyB in £5 Billion Deal to Create Sky Europe

BSkyB is paying £4.9bn to take over Rupert Murdoch's pay TV companies in Germany and Italy after some record viewing figures.

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Park Inn Opens at Pulkovo Airport in St. Petersburg

The Park Inn hotel offers 200 rooms and suites and has direct connection to the newly build Terminal 1 at Pulkovo Airport.

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Sappi Reports Quarterly Profit as Cost Cuts Offset Weak Prices

Sappi Ltd., the world's biggest producer of dissolving wood pulp, reported a third quarter profit after cost cutting to offset price changes.

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Shell : Second Quarter Earnings More Than Double

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

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