A recent report on the PV-Tech site has revealed that German engineering company Bosch has announced its decision to abandon its solar energy business which, as per the company, will no longer be able to remain economically viable; thanks largely to overcapacity in the industry as well as immense price pressure.

With China's new president Xi Jinping set to visit Moscow this week, a breakthrough in energy talks between China and Russia is apparently in the offing; in a potential development which is likely to strengthen ties between the two neighboring countries.

The officials of Detroit Electric revealed in a recent announcement that the automaker will be unveiling an all-electric sports car at the 2013 Shanghai Auto Show next month.

Over the last few years, bigwig tech companies - including the likes of Microsoft, Google, Intel, IBM, and Hewlett-Packard (HP) - have expanded to Africa, noting that the key reason behind the move is the massive growth opportunities in the continent.

The 2013 Pritzker jury has awarded this year's prestigious Architecture Prize to 71-year-old Japanese architect Toyo Ito, who has four decades of built work to his credit; and has been a presumed Pritzker front-runner for more than ten years.

A late Friday-released UN report said that, by the year 2020, the BRICS countries - Brazil, Russia, India, China, and South Africa - will be more than the aggregate GDP of the US, Canada and other European countries.

During the course of a Sunday press conference, newly-installed Premier Li Keqiang said China and the US should refrain from intensifying their war of words on cyber attacks and national security.

Singling out tech biggie Apple Inc and automaker Volkswagen AG in its annual corporate malpractice exposé, state-run China Central Television (CCTV) said in the late Friday-telecast "3:15" investigative special that both the companies were being unfair to consumers.