The number of billionaires in China has overtaken that of the United States for the first time, an annual survey said on Thursday, calling it a “turning point” for the super-wealthy. Communist-ruled China now has 596 billionaires, up a “staggering” 242 over the last year, Shanghai-based luxury magazine publisher Hurun Report said, surpassing the 537 Americans.
Days before an emergency FIFA ExCo meeting, Prince Ali Bin Al Hussein has submitted his candidacy for the presidency vowing to restore the governing body’s battered reputation. In compliance with electoral regulations, the Jordanian has the backing of five national associations, although he didn’t name them.
In one round of voting the United Nations General Assembly on Thursday elected Egypt, Japan, Senegal, Ukraine and Uruguay to serve as non-permanent members on the Security Council for two-year terms beginning on 1 January 2016.
Argentina's Supreme Court of Justice issued on Thursday an international arrest warrant against Hussein Mohamad Ibrahim Suleiman, who is being investigated for his involvement in the 1992 attack against the Embassy of Israel in Buenos Aires, which killed 29 people and injured more than 200.
The world's commercial fleet grew by 3.5% during the 12 months to Jan 1, 2015, the lowest annual growth rate in over a decade, the United Nations Conference on Trade and Development (UNCTAD) reveals in its Review of Maritime Transport 2015.
Argentine elected members to the Mercosur parliament, Parlasur will not have immunity from imprisonment, according to a ruling from the country's Electoral Chamber. This means those Argentine candidates elected to the regional parliament on 25 October will only have immunity for their opinions while exercising their posts.
Fitch Ratings cut Brazil's credit rating to the brink of junk, warning the country could soon lose its coveted investment grade rating as government finances deteriorate amid a prolonged recession and persistent political uncertainty.
Petrobras announced a further hydrocarbon discovery at the giant pre-salt Libra field in the Santos basin, offshore Brazil. The company said that well 3-BRSA-1310-RJS, in the central portion of the block, identified the presence of hydrocarbons in a low-porosity reservoir. This is the fourth well drilled in the Libra area since exploratory drilling began last August.
Spanish oil giant Repsol said on Thursday it plans to sell 6.2 billion Euros ($7.1 billion) in assets and slash investment in exploration and production over the next five years to help its preserve dividends and pay back debt.
Argentina's 25 October presidential election results remain 'uncertain', and with the current percentages from opinion polls, at the very limit, there is a runoff in November, according to Mariel Fornoni, head pollster from Management & Fit.