Government

stock market

Investors look past Ukraine, focus on ECB

World markets advanced on Monday despite the conflict in Ukraine, focusing on whether the European Central Bank will announce plans for economic stimulus when it meets this week.

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Apache helicopters to be sold to the Indonesian army

India nears $2.5 billion deal for Boeing military helicopters

India has decided to acquire Boeing's Chinook and Apache helicopters, an Indian defense ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington.

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Australian Securities Exchange Screen.

Australia says to sell Medibank in December listing

Australia said on Friday it will sell health insurer Medibank Private in an initial public offering in December, in a sale expected to fetch about A$4 billion ($3.74 billion) and make 2014 the country's biggest year of new listings.

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White House

Google's Megan Smith considered top choice for U.S. technology chief: Bloomberg

Longtime Google Inc executive Megan Smith is a top candidate for the role of United States' chief technology officer, Bloomberg reported on Thursday, citing people familiar with the matter.

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Detroit Bankruptcy

U.S. bankruptcy judge approves Detroit water/sewer bond plan

A U.S. bankruptcy court judge on Monday approved Detroit's proposal to repurchase nearly $1.5 billion of existing water and sewer revenue bonds tendered by investors and to refinance the debt to save money.

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Microsoft Corp

Chinese antitrust regulator targets Microsoft's web browser, media player

Microsoft Corp's (MSFT.O) internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West.

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Beijin

China sets up $3.3 billion aviation investment fund: report

China has set up a 20 billion yuan ($3.25 billion) investment fund to help bolster its fast-growing civil aviation industry, local media said on Monday.

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White House

Obama tech policy maven moves to Silicon Valley role

Todd Park, President Barack Obama's chief technology officer who played a role in fixing the flawed Healthcare.gov website, is moving to a new job recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday.

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Qualcomm advertising logo

China taps South Korea for ideas in Qualcomm antitrust case

Chinese antitrust officials have met with their South Korean counterparts to discuss violations by U.S. chipmakerQualcomm Inc (QCOM.O), sources said, as Beijing reaches out to regulators overseas to complete a case that could result in record fines at home.

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McDonald's restaurant

After Russia targets McDonald's, businesses wonder who's next

Russia said on Thursday it was investigating dozens of McDonald's (MCD.N) restaurants, in what many businessmen said was retaliation for Western sanctions over Ukraine they fear could spread to other symbols of Western capitalism.

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Argentine national flag

Argentina says proposed debt swap aims to protect investors

Argentina's plan for making payments on its sovereign bonds via a local bank aims to protect the vast majority of creditors who participated in two debt restructurings, Cabinet chief Jorge Capitanich said on Wednesday.

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European stocks

Shares, dollar sink as U.S. authorises air strikes in Iraq

World shares and the dollar tumbled on Friday and oil and gold jumped after U.S. President Barack Obama authorised targeted air strikes in Iraq, stoking fears of another drawn-out conflict in the region.

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Russian cyber security company Kaspersky Labs

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.

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The icon of a free communication app ''Line''

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.

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Suez canal near Ismailia port city

Egypt plans to dig new Suez Canal costing $4 billion

Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.

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