Anyone who owned a Nokia phone, at some point, cannot help but feel a bit melancholic as Nokia confirmed, on Friday, that it had completed the sale of its entire devices and services business. The company was sold to Microsoft and it will be known, from now on, as Microsoft Mobile Oy. ‘Today is an exciting day a ... read entire article »
The big British-Swedish multinational pharmaceutical company stands firm to Pfizer bids. The American pharmaceutical giant tried to take over the European corporation once again with no success. Pfizer confirmed its interest over its rival company. The story ... read entire article »
It appears the US conglomerate, General Electric, is in talks to buy a part one of France’s biggest private-sector employers, Alstom. Although first rumors stated that GE intends to acquire the whole Alstom company, their interest actually focuses on global ... read entire article »
World tech giants, Apple, Google, Intel and Adobe settled a class-action court case in which the four firms were accused of conspiring to hold down workers’ salaries by means of a no-poaching act. The companies would not steal employees from each other and ... read entire article »
Germany celebrates with a series of events and 'open gates' the German Beer Day, the country's flagship product, although average consumption decreased progressively, in 2013 reachinng the lowest level since the reunification in 1990, reports the EFE agency. ... read entire article »
The Japanese group Sony will enter the housing market with an initial investment of $2.4 million, diversifying businesses and seeking to capitalize on the information and experience gained as a manufacturer in consumer electronics. Sony will establish a ... read entire article »
Apple's net profit rose in the first three months of the year by 7% to $10.2 billion, while revenues were up 4.7% to $45.6 billion, due to higher sales of iPhones, the company said, which also increased the reward shareholders program. Apple entered, starting ... read entire article »
The city of Jeddah in Saudi Arabia will host the construction of the tallest buildings in the world, over 1,000 meters and 200 floors, a work whose cost is estimated at $1.2 billion. The work to build Kingdom Tower will start later this month, on April 27 ... read entire article »
The number of wealthy Chinese has reached 11.97 million and at the end of 2014 will be 14.01 million, according to a report by Forbes China released on 16 April in Beijing. Most of them come from the financial, commercial and manufacturing areas. The rich ... read entire article »
A number of 46 journalists from Romania, Albania, Bosnia-Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Serbia, Slovakia and Slovenia began, on Tuesday, an eight-day visit to China, at the ... read entire article »
The Bank of England will run a program this year of unprecedented testing of individual banks vulnerabilities to hacker attacks on IT infrastructure, according to the Financial Times. The program is part of an extensive evaluation of IT systems from 20 major ... read entire article »
In Crimea will operate, until the end of April, more than 200 bank branches from Russia, said the deputy governor of the Central Bank in Moscow, Mikhail Sukhov. "By the end of the year, a network of bank branches operating in the Russian ruble will reach over ... read entire article »
The demographic problem of low birth rate is already affecting over half of the planet, so that more and more countries are seeking ways to encourage people to procreate. Japan, for example, spends almost $30 million on dating events or robots to convince ... read entire article »
The Swiss drug manufacturer Novartis will conduct a significant restructuring of the product portfolio, which includes many business sale and acquisition of a division of the British company GlaxoSmithKline (GSK) in a series of transactions totaling over $25 ... read entire article »
A Spanish activist, Enric Duran, borrowed about half a million euros from several banks, to invest in social movements that seek to find an alternative to capitalism. Because he refused to pay the debts back to the system he'd like to change, Duran is considered ... read entire article »
In the long history of commerce there have always been a few businesses that have been viewed with doubt by experts, but were received with open arms by consumers, so they recorded huge profits, despite their unorthodox profile. Wigs for Dogs Some like to ... read entire article »
The military budgets responsibles of EU say that the situation in Ukraine is an "awakening" on spendings in defense of EU countries, while the U.S. supports the use of force in the eastern regions of Ukraine to block separatist movements, writes EUobserver. ... read entire article »
Work for the natural gas interconnection to Bulgaria from Greece will begin no later than 2015, said the Bulgarian Minister of Economy and Energy Dragomir Stoinev. An agreement to connect the Trans-Adriatic Pipeline (TAP) with Interconnector Greece- Bulgaria ... read entire article »
The Polish government estimates that the country will exit the excessive deficit procedure "in less than two years" because of measures taken so far and an expected growth for 2014 and 2015, said Prime Minister Donald Tusk, quoted by The Warsaw Voice. ... read entire article »
With 6,500 people living on the streets in 2013, San Francisco is, unofficially, USA’s homeless capital. Cleanliness is one of the many problems people with no homes battle with and the city provided them with only 16 to 20 shower stalls which are, by no mean ... read entire article »
