TIM wins 5G licenses in Italy

Italy's TIM telecommunication company on Tuesday was awarded new national broadcast licenses for 5G frequencies for a total of 1.73 million euros ($1.99 million), the company said.

Bayer profits plunge as Monsanto buyout bites

German chemicals and pharmaceuticals giant Bayer reported higher revenues but lower profits for the second quarter Wednesday, in its first financial statement since its mammoth takeover of US-based Monsanto.

Lack of funding leaves world's roads in disrepair

In an age of austerity and budget cutbacks, the deadly bridge collapse in Genoa, Italy, has put the spotlight clearly on the lack of public funding for road networks across the globe, from France and Germany, to the United ...

Rovio shares lifted as 'Angry Birds 2' sales fly higher

Finnish game maker Rovio Entertainment on Friday said sales of the sequel to its flagship Angry Birds game hit a new record as the group's profit and revenue in the second quarter beat analyst's expectations.

BMW profits dip on investments in e-cars

German high-end carmaker BMW on Thursday reported a dip in quarterly profits after ramping up spending on electric and self-driving cars.

Ryanair boss cancels bonus after flights grounded

Ryanair boss Michael O'Leary waived his hefty yearly bonus, the low-fares airline's annual report showed, following the flight cancellations crisis that gripped the Irish carrier.

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