Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.
Legal & Regulatory
Spy agencies hit in cyber espionage campaign: Kaspersky Lab
Security researchers at Kaspersky Lab said they have uncovered a cyber espionage operation that successfully penetrated two spy agencies and hundreds of government and military targets in Europe and the Middle East since the beginning of this year.
China tells South Korea it blocked KakaoTalk, Line to fight terrorism
Chinese authorities say they have blocked messaging apps KakaoTalk and Line as part of efforts to fight terrorism,South Korea said on Thursday, the first official explanation of service disruptions in China that began a month ago.
Patent Trolls V. Their Corporate Targets: In View of Recent Legislative, Judicial and Market Changes, Companies Have Distinct Advantages Over NPEs
In recent years, there has been much discussion in the business and legal communities about Non-Practicing Entities, a.k.a. patent trolls, and the ills and costs they can often impose on companies large and small.
OHMK Medical Technology invests $7 million in EndyMed Ltd
Israeli-company EndyMed Ltd has reached an agreement with the Chinese OHMK Medical Technology, which will acquire 47.93 million EndyMed shares (28.94 percent share capital and voting rights), for $7 million.
Latest News
The United States said on Thursday it was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved in time, with only hours remaining before the deal has to be signed.
Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with "holdout" investors suing it or win more time from a U.S. court to reach a settlement.
A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp (MSFT.O) because the firm has not fully disclosed information about its Windows operating system and Microsoft Office software.
Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.
The euro was stuck near its lowest level since November and Russian shares tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.
President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
McDonald's burgers and shakes may become the latest victims of worsening ties between Moscow and Washington after a Russian consumer watchdog agency accused the U.S. chain of sanitary violations.
The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changingmarkets, while Apple loses out by rigidly sticking to its high-end gadgets.
