The Japanese car parts maker Takata has agreed to pay US$1bn in penalties in the US for concealing dangerous defects in its exploding airbags. The firm, which also has assembly plants in Brazil and Uruguay, also pleaded guilty to a single criminal charge, the company and the US Department of Justice said..
The British pound has fallen against the dollar to below US$1.20 ahead of a key speech from Theresa May on Brexit this week. Sterling fell 1.5% against the US currency on Sunday to its lowest level since the flash crash in October.
The latest in a string of brutal prison massacres involving suspected gang members in Brazil has killed at least 30 inmates, most of whom were beheaded, officials said on Sunday. The bloodbath erupted Saturday night in the overcrowded Alcacuz prison in the northeastern state of Rio Grande do Norte. Similar violence at other jails in Brazil left around 100 inmates dead in early January.
US-President-elect Donald Trump said in a newspaper interview published on Sunday that “Brexit is going to end up being a great thing.” He also confirmed he will be meeting with British Prime Minister Theresa May soon after his inauguration on January 20 to finalise a trade agreement between the two countries that will be “good for both sides.”
Over 1,200 reservations were registered during first week after services were made available, Fabián Lombardo, the company's representative in Argentina, Paraguay and Uruguay, announced. The company will fly daily from Belo Horizonte to Buenos Aires (Ezeiza) starting March 6.
British PM Theresa May is to turn cover girl as she features in a fashion spread for the American edition of Vogue, Downing Street has confirmed. The 60-year-old PM secretly posed for renowned celebrity photographer Annie Leibovitz in a shoot which is due to be featured in the magazine's April edition.
The bones of Josef Mengele, an infamous German doctor who conducted horrific experiments on prisoners at the Auschwitz concentration camp during World War II to the point of becoming known as “Angel Of Death,” are now at the service of Brazilian medical students.
An eco-terrorist group said it was responsible for a parcel bomb that detonated at the home of the chairman of the board of Chilean state-owned mining giant Codelco, the world’s biggest copper producer.
Outgoing CIA director John Brennan on Sunday offered a stern parting message for Donald Trump days before the Republican U.S. president-elect takes office, cautioning him against loosening sanctions on Russia and warning him to watch what he says.
Ricardo Lagos, a leading opponent of former Chilean dictator Augusto Pinochet who later went on to serve as president from 2000 to 2006, on Saturday accepted his party's nomination to run in the 2017 presidential election.