Telecom Italia shares rise to 4-year high on hopes of Orange deal
ROME: Telecom Italia shares rose to a four-year high after the head of French rival Orange said a tie-up between...
Hydro wants to invest NOK 4b in new technology for eco-friendly production of aluminum
OSLO: Hydro wants to invest NOK 4 billion in a new technology that will enable a much more eco-friendly production...
UK govt announces £315 million for 27 renewable projects
LONDON: The UK Government has announced £315 million ($622m) for 27 renewable projects, mostly wind, totalling 2.1GW in its inaugural...
Iran’s trade with Turkey to hit $35b in 2016
TEHRAN: Economy Minister of Turkey, Nihat Zeybekci, said in a meeting that trade between Iran and Turkey will hit $35...
100,000 people logged on to Dutch tax office website to file 2014 tax returns
AMSTERDAM: Over 100,000 people logged on to the tax office website to file their 2014 tax returns. The ‘mass interest’...
Generic drugmaker Mylan moves office to Netherlands after acquisition of Abbott Laboratories for $5.3b
AMSTERDAM: Generic drugmaker Mylan NV officially moved its corporate address to the Netherlands when it completed its acquisition of an...
German power giant RWE wraps up $7b sale of gas unit
BERLIN: German power giant RWE has wrapped up the sale of its oil and gas unit Dea to Russian-controlled investment...
Belgium economy expands 0.2% in 4Q, up 1% year-on-year basis
BRUSSELS: Belgium’s economy eked out its seventh straight quarter of growth in the final three months of 2014, with the...
Belgium business confidence rises for first time in 3 months in February
BRUSSELS: Belgium’s business confidence rose for the first time in three months in February, but the pace of improvement was...
Twitter annual report: UK revenues jump from $66.5m to $140.3m in 2014
LONDON: Twitter’s UK revenues more than doubled last year as the social network stepped up efforts to make money from...
Bank of Ireland posts pre-tax profit of €920 million for 2014
DUBLIN: Bank of Ireland posted pre-tax profits of €920m for the year to the end of 2014, compared to a loss of...
Belgium business confidence rises for first time in 3 months in February
BRUSSELS: Belgium's business confidence rose for the first time in three months in February, but the pace of improvement was...
6,000 rich French lawyers, clients evade €5.8b in taxes
PARIS: International banking giant HSBC helped around 6,000 rich French lawyers, artists, businessmen and even a World Cup winner dodge...
Northern Ireland corporation tax rate to be increased to 12.5%
DUBLIN: The DUP and Sinn Fein have agreed that the new rate for corporation tax in Northern Ireland should be...
Italy’s VimpelCom to sell stake in wireless towers to Spain’s Abertis Infraestructuras SA for $774m
ROME: VimpelCom Ltd.’s Italian unit agreed to sell a stake in its wireless towers to Spain’s Abertis Infraestructuras SA for...
400 UK firms record improved demand from European customers
LONDON: A survey of almost 400 firms showed they have enjoyed a relatively strong start to 2015, increasing the chances...
100,000 people logged on to Dutch tax office website to file 2014 tax returns
AMSTERDAM: Over 100,000 people logged on to the tax office website to file their 2014 tax returns. The ‘mass interest’...
India’s Infosys signs 5-year agreement with global express delivery company TNT
AMSTERDAM: India’s second largest software services firm Infosys has signed a five-year agreement with global express delivery company TNT to...
Germany’s Volkswagen’s after-tax profit rises 21% to R145bn in 2014
BERLIN: German carmaker Volkswagen says after-tax profits rose 21 percent for last year, to R145bn. The maker of Volkswagen, Audi,...
200 workers walk off job in Germany, demand 5.5% more in wages
BERLIN: Workers at a university clinic in the western German city of Essen walked off the job, the first act...
