How much would 3.45 billion US dollars weigh? Or how large would a 3.45 million US dollar stack be? Well, the guys at Motorola Solutions definitely know. The communication and telecom equipment provider was acquired by Zebra Technologies for the same amount of money. The most interesting thing about the deal is the ... read entire article »
The UK has taken a leap forward in helping households switch to renewable energy sources and ditch the conventional systems. This week, the domestic Renewable Heat Incentive(RHI) project was launched, the first of its kind in the world. It’s designed to offer ... read entire article »
Remember the Tesla S electric car? Well, a few engineers that drive beneath cloudless skies had an idea. A great one and they said: “Let's put a detachable roof on this car so we can make it a convertible”. And they did. The outcome is even more impressive ... read entire article »
In 2013 we witnessed a 30% fall in gold prices, making it the loser of the year, par excellence. Since the beginning of 2014, though, the value of the precious metal has increased by 10%. Nevertheless, because of the unstable political conditions Ukraine i ... read entire article »
An organized group of thieves left a few German casinos a few million euros short in just one night. The coordinated group managed to pull off a coordinated attack in February that was found out only a few days ago. Spiegel was the first to report the heist and ... read entire article »
The financial crisis brought Spanish real estate businesses crumpling down. It also brought prices down to an all time low. Although Spanish buyers were hit hard, it was an opportunity for foreign investors. New official figures show in 2013 there were more ... read entire article »
Bitcoin is reinforcing the foundations of their companies and planning the future of the fast developing virtual currency. They have recently hired lobbyists, and are visiting lawmakers and agencies to see what rules should be written or applied in their case and ... read entire article »
Workers at Ferrari can feel their employer’s success on their own skin as they have been granted a €4,000 bonus for helping make 2013 the best year yet for the company. As Ferrari reached record profit levels in 2013, employees also had their share of joy ... read entire article »
Norwegian oil and gas giant, Statoil has made a huge discovery. The company announced it has found a new field that holds massive amounts of recoverable oil and gas near the 30 year old Valemon field. The majority state owned company estimated it could retrieve ... read entire article »
France's era of throwing money on estates outside its own borders are over. Now the government wants to sell its luxurious ambassador's penthouse in New York City for a mind blowing 48 million dollars. The 18-room two story apartment is the property of France ... read entire article »
Involuntarily Microsoft is helping PC manufacturers. Cutting off support for Windows XP a few days ago made tens of millions of home and industrial users to think about system upgrades. Most of the PC's from ten years ago that were running on XP can not support ... read entire article »
BMW wants to take over the luxury car market. The German car maker extends every year its range of models and it will be the same for next year. The Munich based company plans to unveil the new X4 at the New York auto show next week. They call it a Sport ... read entire article »
BlackBerry Limited has reported a massive net loss last month. The Canadian telecommunication and phone manufacturer is searching for a new path that could bring back profit. This looks to be bad news for BlackBerry smartphone business. The Canadian company wa ... read entire article »
Car makers around the world are embracing the "green" or the hybrid concepts for better fuel economy, lower emissions and more power, but the Brits have an interesting approach. Luxury car maker, Bentley announced its first “plug-in” hybrid concept for the ... read entire article »
The most expensive highway France has, will most likely be built in the Indian Ocean. Authorities are very close to signing a deal that will set back the government 1.66 billion euros for just 12 kilometers of highway. Media across France called the highway ... read entire article »
Berlin's behemoth airport turns itself, slowly but surely, into a money sucking black hole. Berlin Brandenburg Airport officials said the new terminal needs a new 1,1 billion euro funding from tax money. Initially planned for a grand opening in 2011, it suffered ... read entire article »
The 7.2 billion dollar deal between Nokia and Microsoft will finally get to an end. The Chinese government has given its approval so they're deal between these two giants is now legal and official. Microsoft will most probably announce it by the end of April. ... read entire article »
Six billion US dollars worth of punitive damage. One of the biggest awards Takeda Pharmaceutical has ever received. A federal court found the Japanese giant guilty of hiding cancer risks of Actos medicine in the first US trial. Actos (pioglitazone) is a key ... read entire article »
The deal of the month and maybe even bigger in Switzerland is the acquisition of IQuum by pharmaceutical giant, Roche. The Basel based company announced today the 450 million dollar ( 328 million euros) deal. IQuum is an American molecular diagnostics testing ... read entire article »
FC Barcelona is preparing for a new home. Club's “socios” voted in favor of a project to renovate Camp Nou stadium after a referendum held yesterday in the capital city of Catalonia region. The initial budget for the whole project is 600 million euros of ... read entire article »
