Philips Electronics, Europe's biggest consumer electronics maker, said some of its key markets are primed for an upturn in sales, though any growth this year would likely be driven by government spending programs.
Ford Motor (F.N) launched a new $500 million passenger car plant in southeast Thailand on Monday, a move aimed at raising its share of a lucrative small car segment in Asia dominated by Japanese firms.
The Desertec Industrial Initiative, the world's most ambitious solar power project, will map out investment plans by 2012 to develop carbon-free energy that could supply up to 15 percent of Europe's needs by 2050.
Volkswagen has sweetened its bid to purchase almost half of sports car maker Porsche AG and is prepared to offer considerably more than 4 billion euros ($5.58 billion), Germany's Der Spiegel reported.
Volkswagen has improved an offer to buy almost half of Porsche, a magazine reported on Saturday, a deal that would reverse an ambitious bid by the luxury carmaker for VW that unraveled in the crisis.
The owner of a website onto which a purportedly stolen Goldman Sachs Group Inc computer code was downloaded has declined to say whether or not other people accessed the code while it was on the site.
Cyber attacks slowing U.S. and South Korean websites could enter a new phase on Friday by attacking personal computers and wiping out hard disks, a South Korean government agency and web security firm said.
Property investors are turning to the student accommodation sector as a would-be phoenix rising from the ashes of the UK real estate market, promising growth in returns and size for at least the next few years.
The United States spends more on healthcare than any other country in the world but has higher rates of infant mortality, diabetes and other ills than many other developed countries.
Oil prices rose Thursday after a six-day slide as a drop in U.S. jobless claims fueled optimism about the economy.
Oil prices steadied at $60 a barrel on Thursday after a six-day slide as a drop in U.S. jobless claims fueled optimism about the economy.
Michael Jackson's long-time dermatologist Dr. Arnold Klein said he was aware that Jackson took dangerous drugs and warned him repeatedly about the powerful drug Diprivan which the pop star used to fall asleep.
U.S. President Barack Obama said at the G8 summit on Thursday there is still time to close the gap with developing powers on climate change, after the U.N. chief criticised the G8 for not going hard enough.
Leaders of the world's richest nations and major developing powers meet on Thursday to seek common ground on global warming and international trade, with the poorer countries seeking concessions.
The G8 agreed on Wednesday to try to limit global warming to 2 degrees Celsius and cut its greenhouse gas emissions by 80 percent, but it failed to persuade China and India to join a bid to halve world emissions.
For the millions of people who spend hours glued to their computer screens chatting on social networks came the good news this year that they could finally get out more often.
Bayer, Germany's largest drugmaker, has filed for approval in the United States for a new birth control pill it started to market in Europe in May to shore up its best-selling contraceptives business.
The first day of the meeting will group the leaders of the Group of Eight -- United States, Britain, Germany, Italy, France, Russia, Canada and Japan -- plus European Commission President Jose Manuel Barroso and current EU president Sweden.
Global economic recovery is not yet guaranteed and governments will worry about the bill for heavy stimulus spending once it has succeeded, world leaders are set to say at a summit in Italy.
The leaders of the Group of Eight -- United States, Britain, Germany, Italy, France, Russia, Canada and Japan -- plus European Commission President Jose Manuel Barroso and current EU president Sweden gathered in Italy to discuss the end of recession, financial regulation, Doha trade round.
Magna remains on track to reach a deal to buy GM's Opel but it cautioned that the timetable for a signing could be too ambitious, the head of Magna's European business said in a newspaper interview.
G8 leaders believe the world economy still faces significant risks and may need further help, according to summit draft documents that also reflect failure to agree climate change goals for 2050.
