Bolivian President Evo Morales and the governors who led a violent rebellion against his administration's reforms agreed on Tuesday on a road map to end the confrontation. Once all governors sign the round of negotiations is scheduled to begin Thursday.
Barclays PLC said Wednesday it may pick up some of Lehman Brothers assets and employees in Europe and Asia, on top of the British bank's deal to acquire key US operations from the failed investment bank.
British bank HBOS confirmed it is in advanced talks with Lloyds TSB about creating a United Kingdom retail banking giant worth £30 billion. The UK government has also said it will overrule any concerns that competition authorities may raise, BBC Business Editor Robert Peston said.
The way out of the global food crisis, which has plunged at least 75 million more humans into hunger and poverty, lies in increased agricultural production, FAO Director-General Jacques Diouf told Italy's Parliament on Wednesday.
Norway has pledged one billion US dollars by 2015 to preserve the Brazilian Amazon rain forest, as long as South America's largest nation keeps trying to stop deforestation, visiting Norwegian Prime Minister Jens Stoltenberg announced in Brasilia.
This year's ozone hole surrounding the Southern Hemisphere's pole is shaping up to be one of the largest ever, having already surpassed the size of last year's, according to the World Meteorological Organization.
Chinese and US delegations at the 19th meeting of China-US Joint Commission on Commerce and Trade (JCCT) reached this week several agreements on boosting trade ties at the Richard Nixon Presidential Library near Los Angeles, reports Xinhua the official Chinese news agency.
United States current account trade deficit increased by 4.3% to 183.1 billion US dollars in the second quarter of this year, up from 175.6 billion in the first quarter, the US Commerce Department reported Wednesday.
The European Commission has announced a full review of the EU Common Fisheries Policy, saying the current regime fails to protect fish stocks. EC says that fishermen who obey the fishing rules are being penalized by the irresponsible behavior of others who flout them.
Last Tuesday Ushuaia, in Argentine Tierra del Fuego, declared the 2008/09 cruise season officially inaugurated with the arrival of Chilean flagged Mare Australis, reports the local press.