GERMANY

Solar industry sees boom in sunny Italy

IBTimes Logo
Italy may soon become Europe's next frontier for solar energy as new incentives prompt investors to bet on higher returns than in Germany, which has less sun but is currently the hub of a growing global market.

iPhone headed for Germany: source

IBTimes Logo
Deutsche Telekom has clinched an exclusive deal with Apple Inc to sell the coveted iPhone in Germany, an industry source told Reuters.
IBTimes Logo

Apple calls on UK press as iPhone talk swirls

Apple Inc is calling a London news conference next Tuesday as speculation mounts that the consumer electronics guru will unveil long-awaited plans to bring its iconic iPhone cell phones to Europe.
More news
IBTimes Logo

Malaysia's Proton pins hopes on new model

Malaysian loss-making car-maker Proton Holdings expects to reverse a long and painful slide in its domestic market share with the launch of a new model from January.
IBTimes Logo

European shares fall ahead of data, banks down

European shares fell on Wednesday with financial stocks lower on renewed concern about the extent of the credit crisis. This offset gains in oil stocks while investors turned cautious ahead of U.S. economic data.
IBTimes Logo

SEC wants Germany's help in Siemens case: report

The U.S. Securities and Exchange Commission has made an official request for help to Germany's Justice Ministry in its investigation into suspected bribery and corruption at Siemens, a newspaper said.
IBTimes Logo

Firms, banks begin to shed subprime caution

Companies showed signs of shrugging off the caution that has enveloped the world economy since a credit crisis broke, as investors looked on Tuesday to U.S. data to gauge the likelihood of a Federal Reserve rate cut.
IBTimes Logo

China, EU reassure on subprime fallout

China said on Monday none of its massive foreign exchange stockpile was invested in the teetering U.S. subprime mortgage sector, while a top EU official predicted the crisis would not choke off economic recovery.
IBTimes Logo

Asian Stocks cool off after rally, yen subdued

Asian stock markets took a breather on Monday with Tokyo's Nikkei slipping on fresh concerns about the economy, and the yen traded in a small range in a session likely to be dulled by the U.S. Labor Day holiday.
IBTimes Logo

French GDF, Suez agree to power merger

Gaz de France and Suez on Monday cleared the way to create the world's third-largest electricity and gas company after their boards approved the revised terms of a politically charged merger.
IBTimes Logo

Navigation makers vie to stand out in a crowd

Manufacturers of satellite navigation devices are loading up their gadgets with features from audio sightseeing guides to three-dimensional city views as they seek to differentiate themselves in a crowded market.
IBTimes Logo

Critics urge rejection of Microsoft open format

A Microsoft document format that may be adopted as an international standard this weekend is a ploy to lock in customers, who could lose control over their own data in a worst-case scenario, critics say.
IBTimes Logo

YouTube criticized in Germany over Neo-Nazi clips

Video-sharing Web site YouTube has met with harsh criticism in Germany for hosting clips that incite racial hatred, according to a news report due to be broadcast on German public TV late on Monday.
IBTimes Logo

Merkel presses China on climate change

German Chancellor Angela Merkel urged China on Monday to do more to halt climate change, prompting the response that the developed West has been polluting the skies for much longer than the newly developing Chinese.
IBTimes Logo

Ranbaxy, Reddy's say looking for M&A deals

India's Dr Reddy's Laboratories and Ranbaxy Laboratories said on Monday they are seeking acquisitions, and analysts said both drug makers could target U.S.-based Bradley Pharmaceuticals.
IBTimes Logo

Stricken German bank set for fast sale: sources

The owners of stricken state lender SachsenLB aim to sell the German bank quickly after its near collapse under heavy losses from U.S. subprime mortgages and other risky debt, sources familiar with the matter said.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.