Qatar, the wealthy Gulf Arab state whose foreign assets include London property and investments in Volkswagen, may buy Christie's auction house to bolster its cultural credentials, the Financial Times said.
Brazil’s 12-month current account gap widened to a record high in September as domestic demand and the Real appreciation boosted spending on imports.
A total of 206 children have died this year of malnutrition in the northern Argentina province of Misiones (bordering with Paraguay and Brazil), revealed Monday Governor Maurice Closs.
Brazilian state-controlled energy giant Petrobras said Friday that the drilling of a new exploratory well at the offshore Tupi field confirms potential recoverable reserves of between 5-8 billion barrels of oil equivalent.
David Cameron has again defended his Government's spending cuts, insisting they are fair with society's richest shouldering the greatest burden.
United States Treasury Secretary Timothy Geithner has said he believes China is now committed to allowing the Yuan to go up in value. Mr Geithner made the comment in a TV interview before he held talks with China's Vice-Premier, Wang Qishan.
For the first time, Chilean household purchases and supermarket sales of rum have surpassed those of pisco, according to Nielsen Chile data.
The Group of 20 (G20) nations reached in Korea a dramatic deal on Saturday as China, the United States agree to avoid “currency war” and to refrain from having too much trade surplus or deficit.
Latin America’s foot-wear industry are proposing a “united front” against what they describe as “disloyal trade practices” from China, as part of the Asian giant’s foreign trade policies.
US proposals that countries set targets to reduce trade imbalances appeared to be running into opposition at the G20 meeting of leading economies. US Treasury Secretary Timothy Geithner wrote to G20 members on Friday suggesting limiting surpluses and deficits to a percentage of output.