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Munich Aims for a 100% Clean Electricity Supply by 2025

In Munich, authorities are targeting a 100 percent clean electricity supply by 2025, which would make the city a world leader in sustainability.

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London Overtakes Hong Kong as Priciest Place to Live

London has trumped Hong Kong as the world’s most expensive city, according to a report from international estate agent Savills.

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United Internet to Buy Versatel from KKR

United Internet AG (UTDI) agreed to buy full control of network operator Versatel GmbH to challenge rivals such as Deutsche Telekom AG.

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Consumer Electronics Show Set to Showcase Latest Technology

Smart devices, a Samsung product launch and the latest smartphones are expected to dominate at the IFA consumer electronics show in Berlin.

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Electrolux Buys GE Appliance Business in Biggest Ever Deal

Sweden's Electrolux said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric's appliances business.

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Uncertain Outlook for Future Role of LNG in Europe

Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG.

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Bitcoin could Transform Stock Market, say Bank of England

The technology behind digital currency bitcoin could have far-reaching implications and the potential to reshape the financial industry.

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Phones 4u Heads into Administration after EE Contract Loss

UK mobile phone retailer Phones 4u is seeking the appointment of administrators after its EE did not renew its network agreement.

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EU Car Sales Continue to Rise

EU car sales rose a 12th consecutive month due to price cuts by automakers and a rise in demand for compact models.

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British Unemployment Rate Falls

British unemployment rate falls to 6.2 per cent in the quarter to the end of July, hitting another five-year low point.

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