Stories for February 8th 2011
Falklands’ war carrier HMS Invincible towed to a Turkish scrap-yard
The Royal Navy aircraft carrier HMS Invincible which had a leading role in the recovery of the Falkland Islands in 1982 has been sold to a Turkish scrap-yard which specialises in recycling ships.
Ensco becomes the world’s second largest off-shore drilling company
UK based oil drilling services company Ensco PLC said Monday it has agreed to buy US rival Pride International Inc. in a 7.3 billion US dollars cash and stock deal that will create the world's second largest off-shore drilling company.
Russian chartered polar vessel supports Argentine Antarctic 2010/11 campaign
Argentina in this 2010/11 campaign has been supplying Antarctic bases and stations with support from a Russian polar vessel equipped with an icebreaking bow and its own Navy units.
US, China and EU recognize and welcome the new nation of South Sudan
United States, China and the European Union announced they would recognize south Sudan as the world’s newest nation. President Barack Obama went further and rewarded north Sudan for its cooperation by taking it off a terrorism blacklist.
Australia natural disasters costs forecasted to wipe growth in two quarters
Floods in Australia have dragged business conditions particularly in Queensland to depths not seen since the global financial crisis, according to a local analysis that offered a more pessimistic view than the government’s assessments.
In less than a decade Asia will account for 65% of all vehicles sold
India is likely to take the fourth position in the global automotive market by 2015, according to a study conducted by Booz & Co. Currently that spot is held by Brazil, another emerging market, which is likely to give India a challenge.
German cadet death that triggered “mutiny” in training ship was “unfit for duty”
The 25-year-old female cadet who died after falling from rigging on the German training ship Gorch Fock was unfit for duty because of her weight, according to German media reports on Tuesday.
Reported shark attacks increased globally 25% during 2010
The number of reported shark attacks in 2010 increased globally but declined in the state of Florida, the shark capital of the world, according to an annual report released Monday by the University of Florida’s International Shark Attack File.
Rate hikes expected in Brazil and Chile as global commodity prices drive inflation
Global commodity prices continue to be the main driver of inflation in both Brazil and Chile, according to the latest Latin America update report from Capital Economics.
Shell crushing king crabs move into Antarctica Peninsula warming waters
Warming waters along the Antarctic Peninsula have opened the door to shell-crushing king crabs that threaten a unique ecosystem on the seafloor, according to new research by a US-Sweden team of marine researchers.
