The Royal Navy's first-of-class of the new Type 45 Destroyers HMS Daring has now completed a range of stringent trials and tests and is due to sail to her home port of Portsmouth in January 2009. The 7,500-ton ship is scheduled to undertake several months more of exhaustive trials and training before she is declared ready for operational service.
Mary Schapiro has been named the next head of the US financial watchdog Securities and Exchange Commission. President-elect Barack Obama officially nominated her as the first permanent chairwoman of the regulator.
European Union fisheries ministers have begun an annual round of talks to decide the quantities of fish which can be caught from Europe's seas in 2009. The ministers, under pressure from environmentalists, are considering changes that could limit discards - the practice of throwing fish overboard.
The United Kingdom Government's chief adviser on the human form of mad cow disease has warned of a possible new wave of the illness that could kill as many as 350 people in the UK.
British car manufacturer Jaguar Land Rover is in discussions with the government over a state bail out, Peter Mandelson has announced.
Gibraltar Government hailed on Thursday the comprehensive victory in the European Union tax case as huge for Gibraltar, economically, socially, politically and constitutionally.
Royal Navy warship HMS Iron Duke returned to Portsmouth on Thursday from operations in the Atlantic which included a £50 million drug bust in the Caribbean, combined patrolling around the Falkland Islands and South Georgia and navigating the iceberg-infested Antarctic Convergence Zone
Twenty four passengers from the stranded Royal Navy Ice Patrol HMS Endurance arrived Thursday morning to Punta Arenas on board the Chilean navy missile fast boat Casma.
The Union of South American Nations, Unasur, agreed on a new timetable for the ratification of the organization's multilateral treaty and for reaching a consensus on the nomination of a standing secretary general, which has soured relations between Uruguay and Argentina.
Chilean Congress members have asked the Ministry of Public Health to declare a sanitary emergency in the south of the country given the massive sea food poisoning contaminated with the vibrio parahaemolyticus bacteria.