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Apple iPhone 5 Release: Samsung Getting Ready with Legal Weapons

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Only a couple of hours left for Apple Inc.'s Let's talk iPhone event where the company is expected to launch its most awaited iPhone 5 and a cheaper version of iPhone 4 (iPhone 4S). But it doesn't appear to be a smooth sail for iPhone 5 in Korea since Samsung is getting ready with all the legal weapons it has got to block iPhone 5 sales in that country.
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Samsung Galaxy Tab 10.1 Gets Release Date Alongside Apple iPad 3 ‘Leak’

Apple Rejects Samsung Offer; Legal Battle on Patents Continues

South Korea-based Samsung Electronics Co.'s hopes of launching its Galaxy range of tablet computers in Australia, for the Christmas holiday season, suffered a big blow on Tuesday, when rivals, California-based Apple Inc. refused its offer to settle the legal dispute on tablet technology.
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World stocks tumble on banks' Greece exposure fears

World stocks hit a fresh 15-month low on Tuesday and the dollar rose to a nine-month peak as fears over a major banking crisis in Europe mounted along with expectations Greece could soon default, accelerating a global economic slowdown.
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iPhone 5 Release: iPhone 4S Spotted on Vodafone Germany Listings

With a few hours left before Apple's grand iPhone event, rumors about an iPhone 4S seem to gain more credibility. It has been reported that Vodafone Germany has leaked two new iPhone models on its device listings - an iPhone 4 with 8 GB storage capacity and an iPhone 4S in data storage capacities of 16GB, 32GB and 64GB, both devices alternatively in white and black.
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It's iOS 5 and iCloud! Tuesday's Apple Event Will be Less About iPhone 5

The iPhone 5 release frenzy has reached its zenith with barely hours left before Apple unveils the new gadget, but for the keener eye, the Tuesday event will be marked by how Apple lays out the iCloud and iOS 5. Many believe that being too engrossed with the specifications of upcoming iPhone 5 is equal to missing the wood for trees. The Tuesday event has more to do with Apple's long-term strategy than with gaining upper hand in the gadget market.
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Westinghouse Solar CEO expects profit next year

Westinghouse Solar Inc expects to start posting profits next year after years of losses, as a deal to buy cheaper solar panels should help it cut prices and increase sales, its chief executive told Reuters.
Professor Hans-Gustaf Ljunggren of Karolinska Institute announces the 2011 Nobel Physiology or Medicine laureates during a news conference in Stockholm

Winners of 2011 Nobel Medicine Prize

The 2011 Nobel Prize for Physiology or Medicine, was awarded on Monday to Bruce Beutler and Jules Hoffmann jointly for their discoveries concerning the activation of innate immunity and the other half to Ralph Steinman for his discovery of the dendritic cell and its role in adaptive immunity.
Professor Hans-Gustaf Ljunggren of Karolinska Institute announces the 2011 Nobel Physiology or Medicine laureates during a news conference in Stockholm

Factbox: Winners of 2011 Nobel Medicine Prize

The 2011 Nobel Prize for Physiology or Medicine, was awarded on Monday to Bruce Beutler and Jules Hoffmann jointly for their discoveries concerning the activation of innate immunity and the other half to Ralph Steinman for his discovery of the dendritic cell and its role in adaptive immunity.
Greece's PM Papandreou addresses the audience at the International Trade fair of Thessaloniki in northern Greece

European Shares Swoon on Greek Deficit Reduction Fears

European stocks are dropping on reports that the Greek government will not achieve the deficit targets it needs to receive the next tranche of the bailout from the European Union (EU) and International Monetary Fund (IMF).
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Europe, Asia September factory activity slumps

Factory activity in Europe and Asia slumped in September to levels not seen since the depths of the financial crisis as export demand dropped, surveys showed on Monday, reinforcing fears of a return to recession.
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Gold extends gains, equities drop on Europe debt fears

Gold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted its the biggest quarterly gain this year, but a firm U.S. dollar could still cap gains.
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Greece due to unveil plan to sack state workers

Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF to free up loans and stave off bankruptcy.
U.S. Stock Market

U.S. Stocks: Dow Plunges 240, Market Posts Worst Quarter Since 2008

To say that the U.S. stock market had a rough quarter would be like saying invading Germany had a rough retreat from Stalingrad in the winter of 1943 -- stocks closed near session lows Friday, a down day that meant all three major averages plummeted more than 10 percent in the third quarter. Where is the Dow headed from here?

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