Shankar besta

Sony Ericsson on Sunday announced the launch of Xperia PLAY, the first PlayStation certified smartphone.

The US trade deficit of goods and services rose to $40.6 billion in December compared with a deficit of $38.3 billion in November, the commerce department said on Friday.

Google is in advanced talks to acquire video website Next New Networks, according to media reports.

Consumer prices in Germany fell more than estimated in January, as demand declined due to seasonal factors.

HP has launched its much awaited webOS-based tablet the TouchPad, putting to rest reports of a possible tablet launch that have been circulating since HP acquired Palm in April 2010.

Analysts have estimated that China’s consumer price index (CPI) went past 5 percent in January on annual basis, Securities Daily reported on Thursday.

Applications for jobless benefits in the U.S. fell more than expected for the week ended Feb. 5, marking a drop for the second consecutive week.

The Brazilian government plans to cut the federal budget by about $30 billion in 2011, which is more than double the budgetary cut last year, said a media report on Thursday.

The number of identity fraud incidents decreased by more than a quarter in the US last year, recording the lowest levels since 2007, said a survey by Javelin Strategy & Research.

Industrial production in the UK rose in December last year, mainly led by a sharp increase in the output of utilities.

Worldwide smartphone sales rose 72.1 percent last year, accounting for 19 percent of total mobiles sales, according to a Gartner report.

The U.S. home loan demand fell sharply in the week ended Feb. 4, as the mortgage rates continue to rise from their lowest levels amid growing confidence on the economic conditions of the nation, the Mortgage Bankers Association (MBA) said on Wednesday.

UK unemployment rate is expected to peak this year and will remain stubbornly high during 2012, the Confederation of British Industry (CBI) said on Wednesday.

Credit card usage in the United States rose in December last year for the first time in more than two years, indicating that consumers are becoming more confident on the economic conditions in the country.

German industrial production fell more than expected in December 2010, posting a decline for a second consecutive month.

Share of Google’s Android in the US smartphone platform market increased to 28.7 percent in the last quarter of 2010, overtaking the share held by Apple, said a report by comScore on Monday.

US nonfarm business sector productivity rose in the last quarter of 2010, indicating improved economic conditions in the country.

Applications for jobless benefits in the U.S. fell more than expected for the week ended Jan. 29, following a sharp increase in the previous week.

World food prices reached a record high in January, posting an increase for seventeenth months in a row, the Food and Agriculture Organisation (FAO) said on Thursday.

Eurozone retail sales fell unexpectedly for a second consecutive month in December last year, showing continued weakness in the household demand.

Employment in the US private sector rose more than expected in January, posting a gain for the fourth consecutive month. Private sector employment increased by 187,000 from December to January, ADP Employment Report said on Wednesday.

The U.S. home loan demand rose sharply in the week ended Jan. 28, even as the mortgage rates continue to rise from their lowest levels, the Mortgage Bankers Association (MBA) said on Wednesday.

China is expected to see another interest rate hike within a month as the government intensifies its efforts to control the rising inflation, The New York Times reported on Wednesday citing a forecast of economists and bankers.

China is estimated to become the world’s largest luxury goods market over the next decade, boosted by rising incomes and a transition from saving to spending culture, said a report on Wednesday.

Indians in the troubled city of Cairo had to pay twice the normal fare for a one-way ticket to Mumbai on India's government-owned Air India flight, despite the fact that life came to a halt in the Egyptian capital with banks and ATMs being shut, said a media report on Tuesday.

Worldwide semiconductor sales rose sharply last year, boosted by a strong demand for mobile gadgets such as smartphones and tablet computers.

Samsung Electronics said on Tuesday it would fully refund customers who had purchased its personal computers with flawed chipset from Intel Corp.

The number of unemployed people in Germany fell in January 2011, reaching the lowest levels since November 1992.

China's manufacturing activity contracted to a five-month low in January, indicating that the Chinese government measures to control prices caused a decline in manufacturing.