Leaders from China and the European Union are holding a summit in Beijing set to focus on Europe's debt crisis, as the EU hopes for Chinese support.

Nokia will cut about 4,000 jobs at its smartphone manufacturing bases in Europe and the Americas after announcing plans to shift production to Asia.

Taiwan Semiconductor Manufacturing Co. plans to announce 3D IC assembly service as a general offering at the beginning of 2013, according to Maria Marced, president of TSMC Europe.

The Arctic cold snap that has hit Europe for over a week has claimed nearly 300 lives, bringing air travel chaos to London and dumping snow as far south as Rome and even North Africa.

In its China Economic Outlook report released Monday, the IMF said China's growth rate, which stood at 9.2% last year, would drop abruptly if the euro zone experienced a sharp recession.

Advocates of renewable energy say an electricity supergrid could enhance the clean-power industry by connecting power sources like wind farms in Scotland and solar arrays in Spain or North Africa to the population centers of Europe.

Unemployment in the eurozone stayed at a record high in November as the impact of the sovereign debt crisis rumbled on, according to official figures.

The troubled single currency also hit a one-year low against the US dollar, hitting $1.2887.

The European Commission (EC), which has already identified photonics as a key enabling technology, is now calling for a "massive expansion" of solid-state lighting (SSL) across the continent in a bid to reduce energy costs and boost its lighting industry.

This week Solon became the first publicly traded solar-power company to file for bankruptcy in Germany. Despite cost-cutting and a round of last-minute negotiations, the Berlin-based photovoltaic equipment maker can't make its deadline to repay ??75 million in loans.

Panasonic will expand its smartphone business beyond its home country of Japan, starting with Europe in March 2012, the electronics giant said today.

China's solar-panel supply glut is consolidating the industry and will likely slash the number of domestic manufacturers to 15 within half a decade, according to a research group at the nation's top economic planning agency.

The yuan halted a three-day losing streak on speculation European leaders will boost efforts to solve the region's sovereign-debt crisis.

Airport operator BAA has written to carriers suggesting a 50% reduction in passenger numbers on each international flight arriving into Heathrow on November 30.

The announcement comes just weeks after HTC warned that its revenues could fall by much more the 8% in this quarter compared to the third quarter.

Japan's exports fell for the first time in three months, indicating that the yen's appreciation and financial turmoil in Europe are slowing the nation's recovery from the March disaster.

Next up on the 2011 Europe Financial Calamity tour?

OPEC on Wednesday held steady its forecast for oil demand growth next year, but warned that uncertainty has increased in the world's economic outlook as the eurozone nations grapple with their debt crisis.

The head of the International Monetary Fund, Christine Lagarde, has warned that the global economy is at risk of being plunged into a "lost decade".

Enterprise IT spending will stagger and fall this year but may back on one leg in 2012 despite swingeing public sector cuts and the looming Eurozone financial catastrophe.

ING's announcement follows job cuts by other big Dutch lenders. Nationalised Dutch bank ABN Amro is shedding 2,350 jobs as the state readies it for a return to private hands, while Rabobank said it planned 1,200 job cuts to save costs.

Greece will use future revenue from the country's ?嚙瘡elios' solar energy project to cut debt by as much as 15 billion euros ($21 billion), euro-area leaders said.

During a joint press conference with German Chancellor Angela Merkel, French President Nicolas Sarkozy said that 'broad agreement' was reached to ramp up the firepower of the eurozone rescue fund.

Acer has recently rolled out (in Europe) a new LED-free LCD HDTV, a 32-inch model known as AT3218MF which features a native resolution of 1920 x 1080 pixels, viewing angles of 178/178 degrees (an IPS panel maybe), and a brightness of 400 cd/m2.

Are Internet users in the US or Europe ready to entrust all their personal information to an online service controlled from China?

The latest monthly readings released Thursday on manufacturing in the eurozone, the UK and China all were weaker than they had been, as was a report on the service sector in Europe.

With European Union officials making efforts to reduce electricity consumption and to eliminate traditional, inefficient incandescent light bulbs by 2012, European LED chip and luminaire maker Optogan says that it has entered a new market for solid-state lighting (SSL) luminaires in Romania.

Power generated from solar modules in Europe may take until the end of the decade to be competitive vis-?-vis conventional forms of energy, the world's biggest solar association said on Monday, adding that point could be reached sooner in some regions.

The ITS Economy New polycrystalline solar modules from Norwegian company Innotech Solar now have certificates to prove their European origin.

Retailers expect a sharp rise in the cost of the traditional 60W light bulb as European-wide legislation preventing their production or import takes effect on September 1.

Recession in rich countries has discouraged some would-be incomers from trying their luck. America, for instance, has seen a sharp decline in Mexicans trying to cross its southern border. Immigration to Europe has slowed. Some studies also suggest that increased inflows of migrants are a leading indicator of a pickup in growth.