Stories for 2011

Tuesday, February 8th 2011 - 21:17 UTC
Ensco becomes the world’s second largest off-shore drilling company

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.
Tuesday, February 8th 2011 - 21:00 UTC
Russian chartered polar vessel supports Argentine Antarctic 2010/11 campaign

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.
Tuesday, February 8th 2011 - 20:00 UTC
US, China and EU recognize and welcome the new nation of South Sudan

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.
Tuesday, February 8th 2011 - 19:53 UTC
Australia natural disasters costs forecasted to wipe growth in two quarters

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.
Tuesday, February 8th 2011 - 19:47 UTC
In less than a decade Asia will account for 65% of all vehicles sold

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.
Tuesday, February 8th 2011 - 18:16 UTC
German cadet death that triggered “mutiny” in training ship was “unfit for duty”

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.
Tuesday, February 8th 2011 - 18:13 UTC
Reported shark attacks increased globally 25% during 2010

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.
Tuesday, February 8th 2011 - 17:49 UTC
Rate hikes expected in Brazil and Chile as global commodity prices drive inflation

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.
Tuesday, February 8th 2011 - 17:36 UTC
Shell crushing king crabs move into Antarctica Peninsula warming waters

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.
Tuesday, February 8th 2011 - 17:31 UTC
Meryl Streep plays Lady Thatcher leading up to the Falklands’ conflict

The first photo of Meryl Streep as former British Prime Minister Margaret Thatcher was released by Pathé UK Tuesday. Streep is currently filming “The Iron Lady” in London which focuses mainly on the period immediately prior to the Falkland Islands conflict.