CHINA

Sony Corp, struggling with a loss-making television business, is in negotiations to pull out of its LCD joint venture with South Korea's Samsung Electronics in a bid to cut costs.

Europe should not expect China to ride to the rescue as its savior from the debt crisis, though Beijing will do what it can to help a friend in need, the state-run Xinhua news agency said in a commentary Sunday.

In Technology Group Ltd. announced a 4.3-inch xpPhone 2 smartphone should be launched early next year. ITG, claiming to be known as China Apple, announced in its press release that the xpPhone 2 will be a Post-Smartphone.

U.S. and European shares took a breather on Friday after a strong rally on a long-awaited euro zone rescue deal, but a weak sale of Italian bonds showed investor confidence in the agreement was shaky.

Global development groups on Friday called on G20 leaders to step up to their commitments to tackle global food security and come up with new ways to boost world growth that also benefit the poorest.

The International Criminal Court said on Saturday Saif al-Islam Gaddafi was in contact through intermediaries about surrendering for trial, but it also had information mercenaries were trying to spirit him to a friendly African nation.

The head of the European Financial Stability Facility sought to entice China on Saturday to invest in the bailout fund by saying investors may be protected against as much as one-fifth of initial losses.

China announced a reshuffle of its top economic regulatory posts on Saturday, the official Xinhua news agency said, the first big step in a comprehensive leadership change that will culminate when its top political leaders retire.

Chicago-based Boeing Co. has reached an agreement to lease a mothballed space shuttle hanger at NASA's Kennedy Space Center in Central Florida.

U.S. stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3 percent on Europe's deal to stem its debt crisis.

Air China, in partnership with Boeing, Honeywell UOP, the Civil Aviation Administration of China, PetroChina and Pratt & Whitne, on Friday successfully test flew a passenger plane powered by a mix of biofuel and traditional aviation fuel, which in the near future could help the country overcome crude oil shortages.

China is the chief suspect in a in a string of hacking incidents of U.S. satellites that took place four or more times in 2007 and 2008.

Oil prices retreated on Friday in choppy trading as uncertainties about Europe's plan to tackle its debt problems prompted some profit taking after the previous session's rally.

Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.

China Fashion Week is like a fantastical, mystical world unto itself. Straight off the pages of an ancient Chinese fairytale, models walked down the runways in a haute couture mix of tradtional Chinese embroidery, bold neon colors, sharp silhouettes, and temporary tattoos.

Election campaigning began in the Democratic Republic of Congo on Friday and organisers said the polls will go ahead on November 28 despite concerns over whether preparations have been adequate.

Stocks edged lower on Friday as investors paused following a powerful rally that propelled the S&P 500 index almost 20 percent since briefly dipping into bear market territory earlier this month.

By Monday, a mother will give birth to the seven billionth human living on Earth, experts predict.

“[We] will jointly deter any additional provocations by North Korea.”

From thousands of miles away, Chinese military is believed to have hacked American satellites between 2007 and 2008.

China, which has about $3 trillion in reserves, would likely want strong guarantees in exchange for any contributions it makes to save Europe.