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FIFA partners poured money during the World Cup
The Football World Cup in Brazil was not only a sports and social large event, but also one that involved large amounts of money coming from sponsors. Sportswear companies and others were among the most visible brands and most interested in investing during the ... read entire article »“Ring taxi” ride goes wrong
All motorsports fans know their passion is not a hobby, but more like a lifestyle. Motorsports enthusiasts travel with their teams at various races and even race themselves on famous racetracks such as the most famous “Nurburgring”. For those that do not own ... read entire article »Lufthansa named top European airline for 7th time
Airlines have their own Oscar awards and in this year’s event Germany’s Lufthansa went home with the biggest prize. Lufthansa was declared, for a seventh time, Europe’s top airline during the World Travel Awards Europe yearly event. Among the main reason ... read entire article »Fiat merges with Chrysler or dies
After 115 of being a renowned Italian brand, Fiat is now siding with its US unit to make Fiat Chrysler Automobiles. The new company will be based in the UK but will be registered under Dutch law in order to pay less taxes. The merger will happen as soon a ... read entire article »The Glazers set to sell a fraction of Manchester United
The Glazers decided to sell a part of their shares at Manchester United on the New York Stock Exchange. The Glazers, majority owners at the premier league club plan to raise almost 90 million Pounds by selling of eight million shares. Although it might seem a ... read entire article »Airbus starts honey business
Airbus, the European aircraft manufacturer, has ventured into an unlikely side-business: beekeeping and honey selling. It all started with a project in which the company wanted to evaluate pollution levels in an around airports. The method is called ... read entire article »Malaga Metro: 55.5 million dollars per station
It took nine years and 800 million euros for Spanish authorities to finally open two lines of the underground system from Malaga. The two lines cumulate for a total of 18 stations and 11.3 kilometers of track. Excavations and works for the two lines began in ... read entire article »Cyprus is relying on ENI to find natural gas
After signing ans securing a few large deals in Africa, ENI, the giant Italian energy company turned its eyes to Europe. A mixed delegation of ENI and Korean company Kogas signed a deal with Cyprus to drill for possible offshore gas. Officials from Cypru ... read entire article »Passenger planes with missile-defenses
Since 1973, 920 air travelers have died in 30 plane crashes cause by rocket attacks, the latest one being the MH17 flight in Ukraine which killed all the 298 people aboard. As many see the air as becoming an increasingly dangerous travel space, the demand for ... read entire article »Heavy investments leave Amazon at a loss
Amazon is putting in large investments to turn itself into a serious competitor on the tech market. The American company has invested, so far, $126 million into digital content and consumer electronics. Amazon wants to become a worthy rival of companies that ... read entire article »Repsol plans to start drilling offshore the Canary Islands
The recent oil pollution of the Canary Islands did not deter Repsol or Spanish authorities to probe the area for fossil fuels. The Spanish energy giant wants to start exploration drilling before the year ends. The oil spill that covered more than one kilometer of ... read entire article »Alstom investigation nears criminal charges
France’s engineering group Alstom has been under fraud and corruption investigation for over five years. Now, the head of Britain’s Serious Fraud Office reported that the Alstom group is nearing criminal charges. So far, three of Alstom’s board member ... read entire article »After Ukraine, airlines are canceling flights over Israel
Airlines from several nations have temporarily suspended flights to Israel after a Gaza-launched rocket had hit a target near the Ben Gurion airport in Tel Aviv. The US is suspending all its passenger flights to Israel, France is suspending Lufthansa flights for ... read entire article »Norway could ditch cash money
Except for being one of the safest and most civilized country in the world, Norway also chose to go cyber when it comes to money. A new domestic statistic revealed that only 5 percent of all economic transactions in an entire year are made via cash money. ... read entire article »General Motors switches to low-cost car models in Europe
General Motors has been struggling for some years now to return to profitability in the European market. Competitors with low-cost car models such as Dacia or Hyundai’s Kia have been preferred in detriment of more expansive cars. To address the problem, GM ... read entire article »Renzi secures ties with Mozambique
Italy is probing the African continent for new and prosper economic and political connections. Accompanied by the Italian energy giant ENI, Prime Minister Matteo Renzi took a trip to Mozambique to strengthen the ties with the country. ENI discovered large oil and ... read entire article »Future of aviation after Malaysian plane crash
The aviation industry worldwide is most likely to receive a toll as one of less tragic outcomes following the crash of the MH17 Malaysian flight in eastern Ukraine. First of all, many companies decided to opt for an alternative route and no longer fly above the ... read entire article »Wanted for employment: 10-year-old Bolivians
If you are a 10-year-old Bolivian child that means that, besides going to school, you can now also legally begin your professional career. The Bolivian government has decided that children as long as ten can work with the sole condition that they continue to go ... read entire article »Google.inc proudly reports revenue growth
The second quarter of 2014 has been great for Google. The giant company revealed its results for the months and they are impressive. According to official stats, Google recorded 16 billion dollars in revenue for this specific time span. The figure translates into ... read entire article »