GERMANY

Sony may stumble in bid to become tablet No.2

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Sony Corp's new tablet computers, expected to be launched on Wednesday, face an uphill battle against dominant players Apple Inc and Samsung Electronics, with the gadget's expected pricing in particular raising red flags.

Sony may Stumble in Bid to Become Tablet No. 2

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Sony's new tablet computers, expected to be launched Wednesday, face an uphill battle against dominant players Apple and Samsung Electronics, with the gadget's expected pricing in particular raising red flags.
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Weak electronics short-circuit Asian growth

Japan and South Korea reported surprisingly weak July factory output on Wednesday as global electronics demand faded, exposing Asia's vulnerability to a worsening U.S. and European economic slowdown.
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S&P trims euro zone growth outlook

Ratings agency Standard and Poor's lowered its economic growth forecasts for the euro zone on Tuesday, but said the shared currency bloc was not headed toward a new recession.
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Global stocks at two-week high, rally may stall

Global shares edged up to their highest in nearly two weeks on Tuesday, but the rally looked to be running out of steam on the back of concerns over Europe's debt troubles and U.S. growth.
Solar panels are seen in the parking lot of 1929 building Walter J Towers, near downtown Los Angeles, California

U.S. solar industry was net exporter in 2010

The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.
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China PV firm sets IPO price at 50 times earnings

Chinese photovoltaic equipment maker Beijing Jingyuntong Technology has set an initial public offering price at 50 times its historic earnings, boosted by demand from the country's push for solar energy.
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LDK Solar sees price recovery in second half

LDK Solar Co Ltd suffered a quarterly loss as a sharp drop in solar wafer prices forced it to write down millions of dollars in inventories, but forecast revenue for the current quarter above estimates on stabilizing prices.
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German coalition lawmakers to propose compromise on EFSF

Lawmakers from Chancellor Angela Merkel's coalition will make a proposal this week to persuade rebel colleagues to back measures to bolster the powers of the euro zone bailout fund, a senior conservative lawmaker said on Monday.
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IMF slashes U.S. GDP forecast: report

The International Monetary Fund has slashed its growth forecasts for the United States and says the Federal Reserve and the European Central Bank must be ready to ease policy, Italian news agency ANSA reported on Monday.
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Europe snubs IMF call to force-feed bank capital

Europe gave a cool reception to a demand from the International Monetary Fund's new head Christine Lagarde to force its banks to bulk up their capital, saying the continent had done enough already.
Diamond Planet

Planet Made of Diamonds Likely to Have Oxygen, Carbon

In what can be called a gem of a discovery, astronomers have found a rare planet made of diamonds, which would likely have oxygen apart from carbon. The carbon-based planet lies 4,000 light years away in the constellation of Serpens in our Milky Way galaxy.
German Chancellor Angela Merkel delivers a speech after receiving the Emperor Otto Prize in the Magdeburg Cathedral in Magdeburg

Obama and Merkel Vow Action on Global Economic Woes

U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.
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France eyes financial transaction tax deal at G20

France wants concrete results for a controversial international tax on financial transactions at November's G20 summit of leading economies, Finance Minister Francois Baroin said in remarks published on Sunday.

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