Business News

France and Germany’s New Agreement over EADS

French daily newspaper Les Echos is reporting in its Monday edition on its website about the new agreement or a shareholder structure that has been agreed between France and Germany over the weekend with an aim to earn a 12 percent voting stake in Europe's largest aerospace group i. e. European Aeronautic Defence & Space Co. N. V.

Dixons Retail Witnesses Profit after 5 Years

It is one of the greatest moments for Dixons Retail, which is the owner of Currys and PC World. They have seen growth for the first time in last five years. For last five years, they were witnessing poor sales in their UK operations and the benefit has been witnessed after a long time.

China Development Bank Branches May Open In Greece

Greece was the first one, which said that they want China to open banks in Greece. In return, China has agreed with the proposal and has informed that China Development Bank officials are soon going to visit Greece.

EU To Have Free Trade Pact Talks With Japan

It is not a hidden news that European Union wants to increase its business ties with the world's biggest economies. It seems that they have been working hard on their plan. It has been found that a free trade pact talks are going to take place with Japan.

Arnaud Montebourg Warns ArcelorMittal of Nationalization

France is deeply upset with the Indian steel giant ArcelorMittal from past few days and is no longer interested to have the firm operating in their country.

Siemens AG Buys Invensys Rail to strengthen Core Business

In order to focus and strengthen its core expertise, Siemens AG has entered into a deal with Invensys and is going to buy their rail business. The deal has taken place and Siemens AG has bought the rail business for 1.74 billion pounds.

Japanese Stocks Reported Highest in last Seven Months

With Chinese and South Korean stocks slipping down on the day, Japanese stocks were reported highest in seven months on Monday.

France Upset With Mittal; Tension Rises

According to recent reports, tension between the steel giant Mittal and France is on a high rise as France is extremely upset with it.

Arnaud Montebourg, the French Industrial Renewal Minister said that Mittal has never respected France and therefore, doesn't wasn't it in France anymore. He further said that France is finding another industrial partner to carry out the operations further.

AustrianTribune Specials

Researchers from the Enterprise Institute for Renewable Fuels at the Danforth Plant Science Center have revealed the genetic origin of multicellular green alga, Volvox carteri.

The research was led by James Umen, Ph.D, Associate Member,...

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Automotive News

  • Honda’s US regional recall due to airbag issue expanded to include California
  • Takata could face $500-million US charge and 2014 net loss due to massive airbag recall
  • Government says there is no need to park GM cars affected by ignition-switch recall
  • Mark Fields to replace Ford CEO Alan Mulally with effect from July 1

UK News

  • A Child can be good at both numbers and words
  • Mystery of Tangled Earphones solved
  • Demands to Deal with Highest Levels of Toxic Pollutants in Oxford Street
  • Study Finds Reason Why People on Psychedelic Drugs Feel their Mind is Expanding
  • BBC's Panorama Lost Highly Secretive Files of the British Army