Fri, Jun 28, 2013 10:47 AM EDT 0:55
Argentina's $5 billion informal compensation offer for seizing Repsol's stake in energy firm YPF sets a floor for talks but the cash-strapped country may struggle to come up with a better offer. Time Warner Cable service will be available to Xbox Live Gold members when the application launches later this summer. The past week has seen a rare flurry of activity in the European Union. Two major deals ? a $1.3 trillion budget for the 27-country bloc and a system for rescuing banks without making taxpayers foot the bill ? have been brokered. But the leaders from the 27 nations achieved little progress on fighting youth unemployment and speeding up plans for a so-called banking union.