IBT Staff Reporter

Beijing's bid to boost the solar energy sector could draw more than $10 billion in private funding for projects and put China on track to become a leading market for solar equipment in the next three years.

Jun 19, 2009

Kyocera Corp, fighting to hold its own in a competitive solar panel market, is banking on a revival of Japanese subsidies to bolster sales, and said orders for its panels in Japan have jumped this year.

Jun 19, 2009

The European Union is likely to miss its target of cutting energy consumption by a fifth by 2020 unless it takes bolder action, the European Commission said at the start of a public consultation.

Jun 19, 2009

Research In Motion offered investors an outlook on Thursday that fell short of some expectations, sending the BlackBerry maker's stock sliding 5 percent even as the company reported a higher quarterly profit that topped forecasts.

Jun 19, 2009

A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.

Jun 19, 2009

China Unicom , one of China's top three mobile carriers, may be close to a deal that would see it become the exclusive seller of Apple's iPhones in China for two years, a Merrill Lynch analyst said.

Jun 19, 2009

Equity markets and high yielding currencies gained on Friday while bonds and the dollar fell, as U.S. jobs and factory data the previous session rekindled hopes that the global economy may be recovering from recession.

Jun 19, 2009

Google Inc released a tool that translates Internet blogs, news articles and text messages from English to Persian, and vice-versa, in a move the firm said will improve access to information amid the turmoil and media restrictions following Iran's disputed election.

Jun 19, 2009

The city of Beijing will recruit tens of thousands of volunteers to monitor the Internet, state media said on Friday, echoing decades of mobilizing senior citizens and other volunteers to patrol its neighborhoods.

Jun 19, 2009

Few events in the technology world can rival the attention a new iPhone launch draws, but the return of Steve Jobs to Apple Inc would surely be one of them.

Jun 19, 2009

The International Monetary Fund is likely to revise its 2010 growth forecast for the world economy up with signs the rate of decline in global output has moderated, a senior IMF official said on Friday.

Jun 19, 2009

Iran's Supreme Leader Ayatollah Ali Khamenei appealed for calm on Friday and attacked enemies questioning the result of a presidential vote that has sparked the biggest street protests in the Islamic Republic's history.

Jun 19, 2009

U.S. stock index futures pointed to a higher open on Wall Street on Friday, as stocks were poised to add to the previous session's gains.

Jun 19, 2009

Global LCD TV sales volume is expected to increase by 21 percent this year, faster than a previous forecast, helped by strong sales in developed markets and China's stimulus spending program, speeding up the transition to flat-screen TVs, DisplaySearch said.

Jun 19, 2009

Chief executives of some banks that received federal money, including Bank of America Corp, Morgan Stanley and Regions Financial Corp, used company jets for their personal use, the Wall Street Journal reported on its website.

Jun 19, 2009

Sony Corp Chief Executive Howard Stringer said the loss-making Japanese electronics conglomerate's turnaround efforts, which include job cuts, plant closures and a management reshuffle, are advancing well.

Jun 19, 2009

Air France-KLM, Europe's biggest airline, may need to cut a further 3,000 jobs but only through natural attrition, its chief executive said on Friday.

Jun 19, 2009

Asian stocks snapped a four-day slide on Friday and government bond yields climbed after upbeat U.S. factory and jobs data provided more evidence that the global economy is recovering from its deep recession.

Jun 19, 2009

Bank of America Corp Chief Executive Ken Lewis was approached by three former Merrill Lynch executives this year to discuss buying back some or all of their old company, but he politely rebuffed them, the Financial Times reported on its website. Dan Tully, former Merrill CEO, Launny Steffens, former head of Merrill's private client business, and Winthrop Smith Jr, son of one of Merr...

Jun 19, 2009

Texas billionaire Allen Stanford will appear in a federal court in Virginia on Friday over allegations of massive fraud involving his Antigua bank, U.S. officials said after he surrendered to the FBI.

Jun 19, 2009

The following are comments by European Union leaders at a two-day summit starting on Thursday in Brussels.

Jun 19, 2009

European Union leaders agreed on Thursday to tighten financial supervision and create pan-European watchdogs to help prevent another global economic crisis.

Jun 19, 2009

Iran's supreme leader will address the nation on Friday for the first time since a disputed election result triggered the biggest protests the Islamic Republic has seen.

Jun 19, 2009

U.S. private equity firm Kohlberg Kravis Roberts & Co is reconsidering its plan to list in New York, the Financial Times reported on Thursday.

Jun 18, 2009

Texas billionaire Allen Stanford has surrendered to authorities and will face criminal charges on Friday tied to an alleged massive fraud involving certificates of deposit issued by his Antigua bank, his lawyer said.

Jun 18, 2009

Now that Goldman Sachs Group Inc has settled its $10 billion debt with the U.S. taxpayer, investors are wondering about the Wall Street firm's other looming presence -- Warren Buffett.

Jun 18, 2009

Microsoft is set to roll out of its free antimalware service, Microsoft Security Essentials, which is scheduled to go live in beta on Tuesday.

Jun 18, 2009

Microsoft finally announced that its new antivirus software, codenamed ‘Morro’, will officially be named “Microsoft Security Essentials” and comes out on June 23 serving Windows end-user for free.

Jun 18, 2009

Motorola unveils Endeavor HX1 Bluetooth headset Global headset leader, Motorola on Thursday unveiled its first combine crystal talk Bluetooth headset Endeavor HX1, bundles with true bone conduction technology, and is set to hit Asia next month.

Jun 18, 2009