Volkswagen to build two new plants in China
Beijing (AFP) July 07, 2014 -
German carmaker Volkswagen will build two new vehicle plants in China as it invests two billion euros ($2.7 billion) along with its partner, it announced Monday during a visit by Chancellor Angela Merkel.
The agreement between the company and Chinese auto manufacturer FAW for the new factories in the world's biggest car market was signed in the presence of Merkel and Chinese Premier Li Keqia ...
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Tablets to overtake PCs by 2015: survey
Washington (AFP) July 07, 2014 -
Tablet computers will outsell personal computers by 2015 globally in another sign of the shifting tech landscape, a survey showed Monday.
A report by the research firm Gartner said that the shift comes despite a cooling of the tablet market in 2014 and some stability in PC sales, due to upgrades of aging devices.
The research firm said it expects total PC sales this year of 308 million ...
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US to push China to break IT deadlock at Beijing talks
Washington (AFP) July 07, 2014 -
The United States wants China to break a logjam over a proposed WTO information technology pact in annual bilateral talks this week, the top US trade envoy said Monday.
China should show "real leadership" by helping to advance negotiations on the expansion of the World Trade Organization's Information Technology Agreement, US Trade Representative Michael Froman said.
Froman, who will joi ...
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China, Germany in auto, aircraft deals as Merkel visits
Beijing (AFP) July 07, 2014 -
China and Germany signed a series of trade and investment deals on Monday during a visit by Chancellor Angela Merkel, including agreements on two new Volkswagen factories and the sale of 123 Airbus helicopters.
The two countries are both exporting giants - with Germany the EU's biggest economy and China the world's second-largest - and Merkel was looking to strengthen their economic relati ...
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Russian accused of hacking US retailers held for trial
Washington (AFP) July 07, 2014 -
A Russian national accused of hacking into US retail computer systems was arrested and ordered to face criminal charges, officials said Monday.
The Justice Department said an indictment was unsealed following the arrest of Roman Valerevich Seleznev, 30, of Moscow, who uses the moniker "Track2" in the hacker underground.
Officials said Seleznev was formally charged in March 2011 but the c ...
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Turkey economy risks choppy waters under Erdogan presidency
Ankara (AFP) July 06, 2014 -
Prime Minister Recep Tayyip Erdogan appears all but assured of winning upcoming Turkish presidential polls, but he could find himself in charge of a far more fragile economy than in the last decade of his rule.
Analysts say the Turkish strongman is jeopardising the long-term health of the economy by picking a fight with the nominally independent central bank and pushing it towards a looser m ...
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Insights from nature for more efficient water splitting
Yokohama, Japan (SPX) Jul 08, 2014 -
Water splitting is one of the critical reactions that sustain life on earth, and could be a key to the creation of future fuels. It is a key in the process of photosynthesis, through which plants produce glucose and oxygen from water and carbon dioxide, using sunlight as energy. However, there are still significant mysteries about the process.
Nature's own water-splitting catalysts, which ...
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