Press Digest: New York Times business news - Dec 1

VTech Holdings

01/12/2015 05:42

Dec 1 (Reuters) - The following are the top stories on The 
New York Times business pages. Reuters has not verified these 
stories and does not vouch for their accuracy. 
     
    - Thanks to the legacy of military rule and a culture of 
breaking rules of all sorts, Argentina has become one of the 
best places on earth to find people who could show you how. 
"Cheating the system is part of the Argentine mentality," said 
Cesar Cerrudo, an Argentine security researcher. (http://nyti.ms/1StfAOe) 
     
    - The Chinese renminbi was anointed as one of the world's 
elite currencies on Monday, a milestone decision by the 
International Monetary Fund that underscores the country's 
rising financial and economic heft. (http://nyti.ms/1StfGWi) 
     
    - VTech  0303.HK , a Hong Kong-based maker of digital toys 
for children said it had been hacked, putting the personal 
information of five million people, including children, at risk. 
(http://nyti.ms/1StfUwn) 
     
    - As authorities around the globe grapple with the threat of 
terrorism, Governor Andrew Cuomo is preparing to impose new 
regulations on New York State banks to prevent illicit money 
from flowing through Wall Street and into the hands of militants 
and criminals. (http://nyti.ms/1StfW7u) 
     
    - One of the largest gatherings of world leaders in history 
began a multinational effort Monday toward forging what many 
called the planet's last, best hope to stave off the worst 
consequences of climate change. (http://nyti.ms/1Stg1bu) 
     
 
 (Compiled by Ankush Sharma in Bengaluru) 
 ((ankush.sharma@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 3057; Reuters Messaging: 
ankush.sharma.thomsonreuters.com@reuters.net)) 
 
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