Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new high-quality crude deposit in ultra-deep waters off Brazil’s south-eastern coast.
BAE Systems, Britain's biggest defense company, has won a £59m contract for the maintenance of HMS Clyde, the Royal Navy's continuously-deployed patrol vessel in the Falkland Islands.
Osama Bin Laden came to the world's attention on 11 September 2001, when the attacks on the United States left more than 3,000 people dead and hundreds more injured. In a matter of three years, the Saudi-born dissident had emerged from obscurity to become one of the most hated and feared men in the world.
Osama Bin Laden, the mastermind of the most devastating attack on United States soil in modern times and the most hunted man in the world, was killed in a fire-fight with US forces in Pakistan on Sunday, President Obama announced.
The late Pope John Paul II was moved a major step closer to sainthood at a ceremony that drew about a million and a half people to Rome and was celebrated by Catholics around the world.
Brazilian president Dilma Rousseff left top bankers, investors and corporations CEO frustrated following her decision to cancel a speech to the World Economic Forum on Latin America meeting in Rio do Janeiro.
Spain’s biggest bank Santander reported first-quarter profit declined 5% as lower earnings at home offset gains in Latin America. Net income fell to 2.11 billion Euros from 2.22 billion Euros a year earlier, the Spanish bank said in a filing Friday.
Argentine writer and human rights militant Ernesto Sabato died at his home on Saturday morning at the age of 99. He has been suffering from bronchitis. A physicist by training he became famous because of his writing; however he had not produced any works for quite some time.
Japan's industrial output fell a record 15.3% in March from the previous month, while household spending tumbled the government announced Thursday, direct result of the earthquake impact and ongoing nuclear crisis.
Chrysler anticipated that by the second quarter it will have repaid bailout loans worth more than 7 billion US dollars given by the US and Canadian governments. The auto group said it would pay back the bailout by June with loans from investors.