Sugar supplies will remain limited until the 2012-13 harvest begins in top producer Brazil, broker FCStone do Brasil said citing futures traded in New York. The rise in sugar price helped push the FAO Food Price Index to 234 points in June, which is 39% higher than a year ago.
European finance chiefs will consider how to dig Greece out of its financial hole just as markets batter the bonds of Spain and Italy, opening a new front in the debt crisis.
British government lawyers are drawing up a plan to block Rupert Murdoch's bid for the pay-TV operator BSkyB, the Independent newspaper reported on Monday.
Peru is celebrating the 100th anniversary of the discovery of the Inca citadel of Machu Picchu, one of the seven new wonders of the world which sits high in the mountains at an altitude of 2.430 meters of difficult access.
China's trade surplus widened more than expected to 22.3 billion US dollars in June, the highest level in seven months, as imports grew at the slowest pace since 2009. The surplus was 13.1 billion USD the previous month and 20 billion USD a year earlier.
After decades of waiting, commercial airlines have been given the go-ahead to use fuel made from algae, wood chips and other plants with obscure names. Test flights in recent years by Continental, Japan Airlines and Virgin Atlantic have shown that planes can fly on everything from coconut oil to jatropha, a plant that grows in the tropics.
Millions of tons of plastic debris dumped each year in the world's oceans could pose a lethal threat to whales and dolphins, according to a scientific assessment to be presented at a key international whaling forum this week.
Buenos Aires City Mayor Mauricio Macri took a 20-point lead on Kirchnerite mayoral candidate Daniel Filmus on Sunday’s election but none of the candidates managed to obtain more than 50% of the votes.
The final edition of the paper engulfed in a phone hacking scandal was published today as Rupert Murdoch headed to London to try to save the bigger prize of his takeover of the British broadcaster BSkyB.
Almost two million and a half Buenos Aires city residents will vote Sunday to elect a new Mayor and Deputy-Mayor for Argentina’s capital from a list of 15 hopefuls although current mayor Mauricio Macri and the central government coalition sponsored candidate Daniel Filmus are expected to re-edit the scenario of four years ago.