Investors continued to dump shares in mining giant BHP Billiton Ltd. following the deadly dam burst last week at its jointly owned iron-ore mine in Brazil, even as the company sought to clarify responsibility for the disaster that has already claimed the lives of three people.
After almost two years of negotiations and endless speculations surrounding the question of what fighter jet Argentina would go for, Argentine media report that a decision has been made to purchase the IAI Kfir jets to replace the Air Force’s Mirages. According to the report, in Interdefensa Militar Argentina, the decision is currently awaiting final approval from the Cabinet.
Catalan government’s partner in the secessionist drive, the small anti-capitalist CUP party, on Tuesday confirmed that its preferred candidate to head the region following the September 27 election is not acting premier Artur Mas.
Argentina's supreme court has ordered state-controlled YPF to publicly release all clauses of a 2013 contract with Chevron to develop shale oil in the country's vast Vaca Muerta formation. In a 3-1 ruling, the justices sided with opposition Socialist Senator Hector Ruben Giustiniani, ruling that the state's 51% stake in the firm effectively makes it a public company subject to transparency laws.
Helmut Schmidt, who served as West German Chancellor from 1974 to 1982, has died aged 96, his office says. Mr. Schmidt, who was a Social Democrat, was an architect of the European Monetary System, which linked EU currencies and helped pave the way to the euro. He also helped to consolidate Germany's post-war economic boom.
A new study by naming expert Laura Wattenberg has found that Sophia, and its variants including Sofia, is the most popular baby name in the world. Wattenberg collected name statistics from 49 countries, and Sophia, which means “wisdom” topped lists in nine countries, including Italy, Slovakia, Russia and Mexico.
Global temperatures are set to rise more than one degree above pre-industrial levels according to the UK's Met Office. Figures from January to September this year are already 1.02C above the average between 1850 and 1900.
Mud and wastewater from burst dams at a Brazilian iron ore mine cut off drinking water and raised health and environmental concerns in cities more than 300 km downstream on Monday, amid increasingly dire search efforts in a village devastated by the mudslides.
China saw imports drop for the twelfth month in a row in October giving further cause for concern over the Chinese economy. Imports by the world's biggest trader of goods fell 18.8% from a year earlier to $130.8bn, a slight improvement on September's 20.4% decline.
One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production.