The IT and business process outsourcing market is heating up in countries throughout Latin America. Outsourcing analyst firm HfS Research estimates that the region's outsourcing industry will grow 15 to 17 per cent this year. Indigenous providers are offering more sophisticated services. U.S. multinationals have a large local presence. And Indian providers are building or buying their way into the market.

Spammers have seized on the growing interest in news of a possible swine flu epidemic to hawk fake pharmaceuticals, security experts warned Monday.