Sectors
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.
WebLinc garners $6 M Series A funding from Safeguard Scientifics for digital ecommerce platform
E-commerce platform provider WebLinc announced on Tuesday that it raised $6 million in a Series A financing round from Safeguard Scientifics, Inc. The funding would reportedly go towards plans for the company's aggressive growth.
Google to launch YouTube Music Key premium subscription service
YouTube is set to launch a new premium music service called YouTube Music Key. Android Police noted that since last year, there were rumors of a YouTube music service that will let users pay a monthly subscription to access its full library of music and music videos without advertising.
BHP unveils spin-off but disappoints with no buyback
The world's biggest mining company, BHP Billiton BHP.AX BLT.L, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.