The International Energy Agency (IEA) says the world’s carbon dioxide emissions from fossil fuel usage have risen to a record level. It warns that despite increased renewables usage climate change will “not go away.” Global...
The world is longing for cheap smartphones. A new alliance between Apple supplier Foxconn and Firefox developer Mozilla plans to meet this demand by offering low-cost, web-based devices. Taiwanese contract manufacturer Foxconn plans to develop...
Some Internet services in the European Union are blocked by providers because they undermine profits. Skype and Whatsapp are just two examples. The EU now wants to take action, but critics are skeptical. EU commissioner...
The Portuguese government has voted in favor of altered spending cuts that had become necessary after an earlier Constitutional Court ruling. Lisbon was confident it would be able to meet EU deficit targets. Portugal’s center-right...
Struggling German auto maker Opel is planning to stop the production of its most important brand Astra in Germany earlier than originally envisaged. But no negative impact is expected on the firm’s head location. The...
Germany’s Bundesliga has remained top of the tables in terms of football league profitability, a survey by Deloitte consultancy group has found. It has clinched the title in part thanks to unmatched stadium attendance. In...
Microsoft co-founder Bill Gates is leading a multi-million dollar investment into Berlin-based start-up ResearchGate. The firm’s online network allows researchers from around the world to collaborate more easily. ResearchGate had secured funding to the tune...
The world’s largest carmaker, Toyota, has announced one more recall. This time, it was caused by a possible default in the braking system of some of the company’s hybrid vehicles which were built four years...
The world’s largest producer of seeds, Monsanto, has apparently given up on attempts to spread its genetically modified plant varieties in Europe. A German media report said the firm would end all lobbying for approval....
Times must be really hard when the French presidential office starts selling some of its top domestic wines. A two-day auction should help refill state coffers, officials in Paris have said. The French presidential office...
Singapore Airlines has announced multi-billion dollar deals with aircraft makers Boeing and Airbus. The Asian carrier has ordered more than 60 airplanes in what’s believed to be the biggest purchases in company history. The world’s...
In its annual assessment of national budget policies, the European Commission has confirmed it will give a number of member states more time to reduce deficits. But it expected more reforms in return. In view...