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Federico Thea

Argentine default looms as time runs out for debt deal

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.

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New York Stock Exchange

IRA contributions: the perils of procrastination

Individual Retirement Account contributions are getting larger - an encouraging sign of a recovering economy and improved habits among retirement savers.

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A logo of McDonald's Corp's

Russia takes aim at McDonald's burgers as U.S. ties worsen

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.

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Washers and dryers

U.S. durable goods orders rebound, core capital goods rise

Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy at the end of the second quarter.

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Amazon

Amazon's heavy investing eats into bottom line, shares drop

Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.

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Jeff Bezos

Amazon's losses widen, shares drop

Amazon.com Inc posted a much larger-than-expected loss in the second quarter as its rapid pace of investment in businesses such as digital content and consumer electronics offset a 23 percent jump in revenue.

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gold colored version of the new iPhone 5S

In China, Apple's focus pays off while Samsung feels squeeze

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.

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Nokia

Nokia's fortunes brighten on heavy network spending

Nokia surprised investors with strong quarterlyearnings and raised its full-year profit margin forecast as network operators install more powerful systems to cope with surging mobile data traffic.

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Euro sign landmark

ECB says website hacked, no sensitive data affecte

The European Central Bank said on Thursday its website had been hacked and some email addresses and other contact information stolen but insisted no market-sensitive data were affected.

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Google Search Sunglasses Reflection

Google under fire from regulators over response to EU privacy ruling

Google's handling of "right to be forgotten" requests from European citizens will come under fire from the continent's privacy watchdogs on Thursday, after the search engine restricted the removal of Internet links to European sites only.

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Actress Emma Watson poses with fans

Sony invests in image sensor production amid 'selfie' boom

Sony Corp said on Thursday it would invest 35 billion yen ($345 million) to increase production of image sensors for smartphones and tablets, as the company courts handset makers to get more orders for front-facing camera sensors, used to take selfies.

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TalkTalk homepage

TalkTalk attracts 185,000 new customers to its family TV offer

British broadband provider TalkTalk added 185,000 subscribers to its TV service in its first quarter, taking its base to more than 1.1 million and helping revenue rise 3.1 percent to 434 million pounds ($741 million).

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eBay Vice President Wendy Jones

EBay plans to expand in Russia despite sanctions

Internet auction site eBay Inc said it planned to expand in Russia, still its top priority among emerging marketseven though the country faces increasing Western sanctions over the Ukraine crisis.

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eBay

StubHub was victim of cyber fraud ring; arrests to be announced

eBay Inc's StubHub online ticket resale service said it was the victim of a massive international cyber fraud ring, the details of which authorities plan to disclose on Wednesday as they announce arrests in the case.

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New iPhone 5S

Apple margin concerns fade, focus shifts to iPhone launch

A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year.

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