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Europe

Shortage of LEGO During Christmas Time will Affect Europe, Company's Manufacturer Unable to Keep Up with Demand

The LEGO Group has announced that it will be having a shortage of supplies of LEGO for the holiday season in some countries, according to a report from USA Today. The company has been doing so unexpectedly well that its manufacturers will be unable to keep up with demand come December.

Volkswagen to Recall 8.5 Million Vehicles in Europe, Following Order of German Authorities for Automaker to Recall 2.4 Million Vehicles in the Country

Volkswagen AG announced in a press release that it will be recalling approximately 8.5 million vehicles in Europe in relation to the rigged diesel emission testing. The automaker announced the recall following the order of The Federal Motor Transport Authority or KBA to recall 2.4 million vehicles in Germany.

Airbus A400M Crash In Spain Caused By Triple Engine Failures – Reports

The A400M military transport plane that crashed in Spain last May went down due to triple engine failures, according to a new report issued by Europe-based Airbus.

Boeing Starts Building Single-Aisle 737 MAX Commercial Plane

U.S. aviation giant Boeing has commenced the manufacture of the first 737 MAX commercial plane at its Renton, Washington production facilities. Around 2700 units of the aircraft model have been ordered and Boeing said that it is right on schedule.

Germany Denies Greece's Loan Extension

Greece is facing further financial pressure as Germany denies the six month extension request of their eurozone loan programme.

Client traffic on US Airways and American Airlines went slightly down

Client traffic on US Airways and American Airlines went slightly down in the previous month, seeing more vacant seats on the aircraft.

Weak Euro Beneficial For Europe In Global Economy

Experts say that Europe's week currency makes the region competitive in the global market.

Nike Gets Higher Profit

Nike Inc., the biggest international sportswear manufacturer, stated that it will expect a higher profit margin every quarter since the brand strengthens its market presence in Europe and will concentrate on items that can generate stronger margin like Flyknit football boots.

Starbucks to Move Headquarters to United Kingdom

Starbucks is moving its headquarters from the Netherlands to the United Kingdom.

McDonald's Sales: Figures Increase Internationally, Decline in U.S. Due to Cold Weather

McDonald's sales increased 1.2 percent internationally in January while United States numbers showed a 3.3 percent decrease.

Samsung Stores: 60 New Locations Open Throughout Europe Beginning in April

Samsung is set to open 60 new retail locations throughout Europe beginning in April.

Subway Expands With 1,000 New Locations Throughout Europe

Subway is adding 1,000 new locations in Europe according to Bloomberg.com.

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