Argentina has declared 2017 as the ‘Renewable Energy Year’ as the country looks to increase awareness about the advantages of renewable energy and the important of sustainability. A decree issued by the government calls for energy diversification through the use of renewable energy sources in the electricity generation as well as thermal energy sector.
Toyota lost its crown as the world's top-selling automaker in 2016, company figures showed Monday, with the Japanese giant overtaken by Volkswagen as the industry prepares for an uncertain trade environment under Donald Trump. The German automaker moved back into the top spot despite being hit by a massive emissions cheating scandal that rocked its reputation.
Deutsche Bank has been fined US$630m by US and UK regulators in connection with a Russian money laundering plan. Under the scheme, clients illegally moved US$10bn out of Russia via shares bought and sold through the bank's Moscow, London and New York offices.
President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday.
British MPs are to begin on Tuesday two days of debate over the government's parliamentary bill to get the formal process of Brexit under way. Discussions on the European Union Bill have been extended to midnight on Tuesday to accommodate more speakers, with a vote to take place on Wednesday.
Brazil's central government registered a primary budget deficit of 154.255 billion reais (US$49.40 billion) in 2016, meeting its target but recording a third consecutive annual deficit that reflects the dire state of the country's finances. In December, the country posted a primary deficit of 60.124 billion reais (US$19.25 billion).
Queen Elizabeth II is to make history when she becomes the first British monarch to reach their Sapphire Jubilee. On February 6, the anniversary of the day she was crowned the Queen will have reigned for 65 years. But there are no grand festivities planned to mark the head-of-state’s new milestone.
Argentina changed its immigration law to make it easier to deport foreigners who commit crimes and to prohibit individuals with criminal records from entering the country, according to a post in the government's official bulletin on Monday.
Former Brazilian billionaire Eike Batista on Monday turned himself in to police in Rio de Janeiro on Monday on charges related to the Petrobras corruption scandal. He was detained shortly after arriving from New York.
President Donald Trump has fired the acting US attorney general, after she questioned the legality of his immigration ban. Sally Yates, who had been appointed under Barack Obama, earlier ordered justice department lawyers not to enforce the president's executive order.