The Royal Navy aircraft carrier HMS Invincible which had a leading role in the recovery of the Falkland Islands in 1982 has been sold to a Turkish scrap-yard which specialises in recycling ships.
UK based oil drilling services company Ensco PLC said Monday it has agreed to buy US rival Pride International Inc. in a 7.3 billion US dollars cash and stock deal that will create the world's second largest off-shore drilling company.
Argentina in this 2010/11 campaign has been supplying Antarctic bases and stations with support from a Russian polar vessel equipped with an icebreaking bow and its own Navy units.
United States, China and the European Union announced they would recognize south Sudan as the world’s newest nation. President Barack Obama went further and rewarded north Sudan for its cooperation by taking it off a terrorism blacklist.
Floods in Australia have dragged business conditions particularly in Queensland to depths not seen since the global financial crisis, according to a local analysis that offered a more pessimistic view than the government’s assessments.
India is likely to take the fourth position in the global automotive market by 2015, according to a study conducted by Booz & Co. Currently that spot is held by Brazil, another emerging market, which is likely to give India a challenge.
The 25-year-old female cadet who died after falling from rigging on the German training ship Gorch Fock was unfit for duty because of her weight, according to German media reports on Tuesday.
The number of reported shark attacks in 2010 increased globally but declined in the state of Florida, the shark capital of the world, according to an annual report released Monday by the University of Florida’s International Shark Attack File.
Global commodity prices continue to be the main driver of inflation in both Brazil and Chile, according to the latest Latin America update report from Capital Economics.
Warming waters along the Antarctic Peninsula have opened the door to shell-crushing king crabs that threaten a unique ecosystem on the seafloor, according to new research by a US-Sweden team of marine researchers.