Posts Tagged ‘ Europe ’

Great iPad Sales Threatened by Components Shortage

Mar 27th, 2011 | By Maggie Curnen
Customers with New iPads

Apple’s latest version of iPad tablet computer is no doubt better than its predecessor in terms of everything. With a sleeker design, being thinner, and a higher speed in task performance, iPad 2 is also selling faster, the interminable queues outside the related stores across the world proving this point.



Apple Launches iPad 2 Worldwide

Mar 25th, 2011 | By Maggie Curnen
People waiting for the iPad 2 in Long Meadow Lake, Minnesota

Rumors that shortages in the United States might be repeated worldwide have made Apple fans queue outside Apple stores in Asia and Europe, in hopes to be among the first to purchase one of the iPad 2 tablet computers.



European Bankers Unhappy with Tougher Rules

Mar 2nd, 2011 | By Orson Cotten
Central Banks

The new rules regarding bank bonuses for investment bankers have made their fixed pay go up, but the ones in Europe are still not satisfied with them, claiming that their financial sector is facing much tougher rules than the rest of the world.



Euro-Zone Inflation Still Higher than Targeted

Mar 1st, 2011 | By Orson Cotten
European Central Bank

Inflation in the euro zone in January was still higher than the target proposed by the European Central Bank, but lower than initially predicted for the month. However, analysts expect it to increase even further in February due to the rise in oil prices caused by the political turmoil in Libya.



U.S. Dollar Recovers Slightly in Asia

Feb 28th, 2011 | By Orson Cotten
20 Dollar bills

The U.S. dollar managed to gain slightly in Asia on Monday, after hitting a record low against Swiss franc, but the situation in Libya and the fears of its potential spreading to other countries in the area maintained a somewhat cautious mood in the market.



Danger of Measles Outbreak Reported in U.S.

Feb 28th, 2011 | By Eve Walston
Measles infection

Fears of a wide mass measles epidemic have emerged after a woman carrying the contagious infection traveled widely within the United States. Consequently, state, local and federal health agencies have entered a state of emergency and frenzy in preventing a related outbreak.



Starbucks Wins First Legal Round with Kraft

Feb 27th, 2011 | By Frank McGiver
Starbucks

Starbucks Corp has won the legal battle with Kraft Foods Inc. On Friday, the U.S. appeals court ruling has allowed it to end the distribution agreement with the Illinois-based company starting with March 1. The U.S. Court of Appeals for the 2nd Circuit in New York has denied Kraft’s request to stop Starbucks from choosing a new partner for the distribution of packaged coffee to supermarkets in North America and Europe.



Chelsea Secures Champions League Victory, Real Madrid Only a Draw

Feb 23rd, 2011 | By Paul Ermey
Carlo Ancelotti and John Terry

The Champions League last-16 match last night brought a comfortable 2-0 victory for Chelsea at FC Copenhagen, taking the London team one step closer to the quarterfinals of the competition and easing the pressure on manager Carlo Ancelotti, after some unconvincing performances in the domestic league which pushed the English champions to the fifth position.



Iranian Drama Wins Berlin Golden Bear

Feb 23rd, 2011 | By Victor OBrian
Asghar Farhadi

The star of this year’s edition of the Berlin Film Festival was the Iranian drama “Nader and Simin: A Separation”, which won the Golden Bear as well as the best acting prizes.



Weather Contrasts – Cold for East Europe, Warm for the UK

Feb 22nd, 2011 | By Billy Gunton
Warning street sign

U.S.-based Weather Services International (WSI) said on Monday that eastern Europe was likely to experience a prolonged run of unseasonably cold weather in March as well, whereas Britain was expected to enjoy milder than usual temperatures for the period.