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The captain of a South Korean ferry that capsized in April killing about 300 people, most of them school children, apologized in court on Wednesday for his failure to rescue passengers in the country's worst maritime disaster for decades.

Billionaire investor Warren Buffett on Tuesday predicted Democrat Hillary Clinton would run for the U.S. presidency in 2016 and win.

Samsung Electronics Co Ltd initiated an arbitration proceeding in Hong Kong against Microsoft Corp on Tuesday, amid ongoing U.S. litigation over smartphone patent royalties.