The timing of Carnival Corp.’s Costa Concordia cruise ship’s grounding off the coast of Italy, at the start of the northern hemisphere peak booking season, may exacerbate the company’s losses.
Pieces of a failed Russian Mars probe plummeted into the Pacific Ocean far off the Chilean coast on Sunday, Russian news agencies cited a military official as saying.
British Prime Minister David Cameron offered on Sunday to hold talks with Scottish leader Alex Salmond to thrash out their differences over arrangements for a referendum on Scottish independence that could lead to a break-up of the United Kingdom.
Rockhopper Exploration which recently discovered oil and gas in Falkland Islands waters has appointed Bank of America Merrill Lynch to lead the process of finding a partner for its 2 billion dollars oil project in the North Falkland basin, reports the London media.
At the best of times, the U.S. government is regarded as somewhat out of touch with what's happening in the American heartland, much less the world at large, so much so that the phrase inside the Beltway was coined to define the syndrome.
Ratings downgrades in the Euro zone by S&P underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.
Venezuela's Hugo Chávez said that if an opposition candidate wins this year's presidential election he will be the first to recognize the rival's victory and hand over power.
The Italian captain of the cruise ship that ran aground -- killing three persons and injuring 20 more -- was arrested late Saturday and is being investigated for manslaughter and abandoning ship, said a local prosecutor in Grosetto, Italy.
World music was ablaze once again at the ninth annual globalFEST 2012. The sold out event at New York City’s Webster Hall showcased 12 musical acts from 5 continents on 3 stages.
Due to a reported outbreak of norovirus on the cruise vessel Star Princess, following agreed protocols, the Chief Medical Officer took the difficult decision not to allow the vessel to land in the Falkland Islands as scheduled. The vessel had been due to arrive in Stanley at 8am on the 14th January.