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This Could Devastate India's Prized IT Sector

India Cricket Fans

India's prized $108 billion information technology (IT) services sector is on a "knife edge" in the face of a looming vote on the U.S. immigration reform bill, which threatens the very business model the industry thrives on, says Nomura.

Russia's 'Facebook' Blacklisted By 'Mistake'

Luzhniki Stadium Moscow

Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company as President Vladimir Putin consolidates his power.