International

International
Wednesday, September 17th 2014 - 04:02 UTC

Brazil will hold new round of oil right auctions in the first half of 2015

The sale will be the first auction of concession rights since 2013 and third since 2008, when government halted annual oil-rights auctions to re-write its oil law

Brazil will hold a 13th round of oil rights auctions in the first half of next year in a sale that will include new areas in the country's promising Eastern Margin offshore region, a senior mines and energy ministry official said this week.

Wednesday, September 17th 2014 - 01:52 UTC

UN hails progress achieved in reducing damage to the ozone layer

”Let us learn from this example and apply its lesson to the urgent task of addressing the climate challenge” said Ban Ki-moon

United Nations officials hailed on Tuesday the progress made in reducing damage to the ozone layer and the vital role played by one of the most successful environmental treaties in history in phasing out ozone-depleting substances.

Tuesday, September 16th 2014 - 05:57 UTC

VisitBritain: UK to refund cost of visa for Chinese tourists in organized groups

“The more Chinese tourists the merrier,” chancellor Osborne said.

British Chancellor George Osborne has announced plans to refund the cost of up to 25,000 visas for Chinese tourists in an attempt to attract more visits to the UK. It was one of a series of measures announced at an economic summit in London, attended by Chinese vice premier Ma Kai.

Tuesday, September 16th 2014 - 05:50 UTC

HSBC reached 550m agreement with US banking regulators

“We are pleased to have resolved this matter,” Stuart Alderoty, the general counsel for HSBC North America, said in a statement.

HSBC Holdings will pay 550 million dollars to resolve a US regulator's claims that the British bank made false representations in selling mortgage bonds to the federal mortgage companies Fannie Mae and Freddie Mac before the financial crisis.

Tuesday, September 16th 2014 - 05:43 UTC

Giant observation tower in the Amazon to monitor climate change

The 325 meters high tower is being constructed out of steel that was brought thousands of kilometers from the south of Brazil to the site

Construction has begun on a giant observation tower in the heart of the Amazon basin to monitor climate change. The Amazon Tall Tower Observatory is expected to rise 325m from the ground.

Tuesday, September 16th 2014 - 05:20 UTC

Santander new chairwoman confirms full control of the Brazil branch

Ana Botin, told shareholders at an extraordinary meeting she would defend the legacy of her father Emilio Botín at the helm of the Euro zone's biggest bank.

Spanish banking giant Santander under its new executive chairperson Ana Botin announced on Monday the purchase of the remaining 25% of Banco Santander Brasil which it did not already own.

Tuesday, September 16th 2014 - 05:10 UTC

Blatter has a challenger for next year's FIFA president election: Champagne

“I am happy that the debate about the future of FIFA and football has finally begun with the prospect of various candidates”, said Champagne

Former FIFA official Jerome Champagne has formally announced that he will stand against incumbent Sepp Blatter in next year's election for president of the world soccer body.

Tuesday, September 16th 2014 - 05:04 UTC

White House says it prefers the UK to remain “strong, robust and united”

A variety of experts say Washington would rather avoid the disruption to NATO defenses that forming a separate Scottish military would bring.

The White House weighed in carefully on the Scottish independence referendum, saying Washington would respect the outcome of the vote but would prefer the United Kingdom to remain “strong, robust and united.”

Tuesday, September 16th 2014 - 03:03 UTC

Leading Scottish business group calls for unity the day after the referendum

“On Friday, we must all come together to drive Scotland forward, either as an independent nation or as part of the United Kingdom”, said CEO Liz Cameron

A leading Scottish business group has called for the country to unite “to drive Scotland forward”, whatever the result of the independence referendum. The Scottish Chambers of Commerce said the outcome would leave “a substantial number” of people disappointed.

Tuesday, September 16th 2014 - 02:54 UTC

Gibraltar on National Day celebration calls on QE II to again visit the Rock

CM Picardo said: “60 years ago we were last visited by Her Majesty the Queen on her first tour of her kingdom.”

Sixty years after her last visit the Chief Minister has called on Queen Elizabeth II to visit Gibraltar. He did so in a dramatic call during his National day speech. Fabian Picardo was flanked on stage by Gibraltar Government Ministers, Opposition MPs and a contingent of visiting British MPs and MEPs.

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