LONDON - The FTSE 100 share index suffered its biggest one-day drop in a year on Thursday, knocked off historic peaks by weak economic data and signs the U.S. Federal Reserve could soon taper its stimulus programme.
FRANKFURT - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.
Kyocera to buy data security co for $127 million: Nikkei
(Reuters) - Japanese electronics firm Kyocera Corp (6971.T) will buy security software developer Motex Inc for about 10 billion yen ($126.7 million) to tap into the growing demand for secure smartphone data, the Nikkei reported.
The two companies will develop remote monitoring systems for smartphones and tablets, the Japanese business daily said.
Motex holds more than a 30 percent share of the corporate PC network security software in Japan, the Nikkei said.
The deal will boost annual sales for the Kyocera group's security business to nearly 5 billion yen, the paper reported.
($1 = 78.9000 Japanese yen)
(Reporting by Mridhula Raghavan in Bangalore)
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