Two of Spain's strongest corporations reaffirmed their decision to re-invest heavily in Argentina in spite of the difficult and complicated situation created by the re-nationalization of Argentina's air flag carrier with no compensation for its Spanish owners.
China's exports fell more than expected in January, down 17.5% from a year earlier, while imports plunged 43.1%, , as China's economy continued to be hit by the global economic slowdown.
The former head of risk at Britain's HBOS, who claimed he was sacked for warning about the bank's too-rapid growth, has said he stands firmly and confidently behind his allegations.
United Kingdom jobcentres were said to be creaking under the pressure of work as new figures showed unemployment surging to a 10-year high. The jobless total reached 1.97 million, confounding many experts who had predicted it would break through the two million barrier.
Logistics experts from Netherlands Dockwise's subsidiary Dockwise Shipping in Bermudas are working closely with the UK Ministry of Defence (MoD) to recover the Royal Navy ice patrol vessel HMS Endurance currently anchored in the Falkland Islands.
The collapse in the value of the British pound will put the Foreign Office (FCO) under serious financial pressures in the coming year, a parliamentary report warned.
UK Business Secretary Lord Mandelson has warned against calls to ring-fence jobs for UK citizens after comments by a Northern Ireland minister. Stormont Environment Minister Sammy Wilson caused controversy when he argued that the local unemployed should get jobs ahead of migrant workers. But Peter Mandelson - a former Northern Ireland Secretary - warned against such demands.
Prime Minister Gordon Brown has insisted that there must be no rewards for failure in Britain's banks. His comments came as the UK Treasury launched a long-term review of City remuneration policies, amid public anger at reports that banks are planning to pay hundreds of millions in bonuses to senior staff despite their massive losses over the last year.
Karl-Theodor zu Guttenberg is to become Germany's new economy minister, following the surprise resignation of his predecessor Michael Glos. Mr Zu Guttenberg has been proposed by his party, the Bavarian-based Christian Social Union (CSU), and his appointment is due to be a formality. At 37-years-old, he will become the youngest ever person to fill the role.
The oil cartel OPEC is willing to cut crude output further at a meeting in March, the group's secretary-general said on Monday in London. But he also underlined he would like to see full compliance of members with existing curbs first.