
A missing World War Two U-boat—which has long been rumored to have carried Nazi leaders to South America as the Third Reich collapsed—has been found off the coast of Denmark. The U-3523 submarine, a cutting-edge vessel developed at the very end of the war, was discovered at a depth of around 400 feet, 10 nautical miles north of the Danish Coast, by researchers at Sea War Museum Jutland.

Brazil has secured World Trade Organization backing to press its claims against Canada in a dispute over what it says are unfair subsidies for Bombardier Inc.’s CSeries jets, a preliminary WTO ruling published this week showed.

Hundreds of thousands of the poorest families in Britain are going without basic necessities, according to two separate surveys. Citizens Advice said as many as 140,000 households are going without power, as they cannot afford to top up their prepayment meters. And the Living Wage Foundation - which campaigns for fair pay - said many of the poorest parents are skipping meals.

Europe’s decision to ban meat imports from several Brazilian suppliers affects 30 to 35% of the country’s exports to the bloc and will force companies to find new markets while officials work to reverse the measure, Brazil’s Agriculture Minister said.

Queen Elizabeth II opened a summit of the 53-nation Commonwealth on Thursday, and backed her son Prince Charles to be the next leader of the association of Britain and its former colonies. In a ceremony at Buckingham Palace, the queen said she hoped Charles would “carry on the important work” of leading the Commonwealth, a loose alliance of countries large and small that has struggled to carve out a firm place on the world stage.

Rockhopper Exploration and operator Premier Oil have submitted a revised draft field development plan for the Sea Lion Phase 1 project to the Falkland Islands government. According to Rockhopper, a final submission should follow in the lead-up to sanction of the project, in the offshore North Falkland basin.

A British fishing firm has won the right to appeal against a controversial decision to hand lucrative fishing licenses to foreign rivals in the South Atlantic, according to a report from Daniel Martin in the Daily Mail.

Overseas shipyards including some in Spain are “eyeing up” a £1 billion order for three new Royal Fleet Auxiliary ships, a UK union claims. The GMB said the UK Government should reverse a decision to put the contract out to international tender later this month.

United States sorghum farmers fear they will lose their largest export market if China follows through with a tariff on their crop. China imposed preliminary anti-dumping tariffs of 178.6% on U.S. sorghum this week as part of its ongoing trade dispute with the U.S.

UK consumer price inflation fell in March to 2.5%, the lowest rate in a year, according to the Office for National Statistics. It fell from 2.7% in February after prices for women's clothing rose at a slower pace than last year. The data appears to show that the squeeze on UK households may be coming to an end as wages rise.