Argentina has defaulted on its debt, according to Standard & Poor’s, the rating agency, after it announced plans to delay payments on its $101bn of borrowings. – Financial Times
Lebanon’s central bank said it would guarantee all “legitimate deposits” in the newly sanctioned Jammal Trust Bank, which on Friday rejected U.S. allegations that it helps to fund Iran-backed Hezbollah. Reuters
Ryanair has appointed veteran executive Eddie Wilson as chief executive of Ryanair’s main airlines business, but he will report to Michael O’Leary who will become CEO of the Ryanair Group, which also includes Malta Air, Laudamotion and Buzz brands. Reuters
Apple’s prized reputation for protecting its customers’ security and privacy has taken another hit, with the discovery that iPhone owners were susceptible to more than a dozen software vulnerabilities for at least two years. A sustained hacking campaign that could have affected hundreds of thousands of iPhones was detailed by security researchers at Google in a series of blog posts late on Thursday. Financial Times
Turkey said on Friday that an Iranian tanker at the center of a confrontation between Washington and Tehran was headed to Lebanon after changing course several times, although Beirut said it was not informed of the plan. Reuters
