Europe

Stunning photo of Newborn Star Illuminating Nebula captured

Stunning photo of Newborn Star Illuminating Nebula captured

A stunning picture of a newly formed star seen bathing in its nebula's glowing blue light has been captured by astronomers. Roughly 500 light-years away from Earth, the star, called HD 97300, brightens up the surrounding cosmic clouds made up of dust particles. It can be observed in the Chamaeleon Complex, located in the southern constellation of the Chamaeleon.

First US Oil Shipment Leave for Europe after a Forty Year Ban Lift

First US Oil Shipment Leave for Europe after a Forty Year Ban Lift

Officially America banned export of crude oil in 1975. The move came after two years when OPEC banned oil sales to the U.S. At that time gas prices skyrocketed and cars queued outside of gas stations waiting to fill their tanks.

Uber Plans to Expand to European Cities Promises 50,000 jobs

Uber Plans to Expand to European Cities Promises 50,000 jobs

Travis Kalanick , the chief executive officer of the fast expanding online taxi-sharing services Uber said that he is looking forward to a wide expansion plan in Europe for the company in 2015.

In a conference in Munich, he said that Uber may create as many as 50,000 jobs in case its "new partnership" with the with European cities work out.

New Stimulus Plans of Eurozone Face Some Questions Regarding its Merits

New Stimulus Plans of Eurozone Face Some Questions Regarding its Merits

The eurozone is possibly facing its worst kind of stagnation for a while with a lot at stake. To make situations better its central bank is likely to announce its largest stimulus measure soon.

ECB Bond Purchasing Decision Draws Debate among Bank Officials

ECB Bond Purchasing Decision Draws Debate among Bank Officials

A hot debate among the European bank officials is indicating that the policy-makers should hold back a crucial program which is intended to turn round the falling in the Eurozone.

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