
Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan, 56.

Taxing sugary drinks can lower consumption and reduce obesity, type 2 diabetes and tooth decay, says a new WHO report. Fiscal policies that lead to at least a 20% increase in the retail price of sugary drinks would result in proportional reductions in consumption of such products, according to the report titled “Fiscal policies for Diet and Prevention of No communicable Diseases (NCDs)”.

Gibraltar's Deputy Chief Minister Dr Joseph Garcia is in Scotland to attend the conference of the Scottish National Party (SNP). The event opened in Glasgow on Wednesday and this is the first time that Gibraltar will have an exhibition stand. It is also the first time that the Gibraltar Government will host an official reception.

Planning is underway for an Avro RJ100 jet aircraft, operated by Tronos Jet Maintenance and flown by Atlantic Star Airlines, with final destination Chile, to fly to Ascension Island, followed by a call at St Helena Airport on the same day. Both are technical stops, and the crew will overnight on St Helena.

Prime Minister Theresa May will meet Spain’s caretaker Prime Minister, Mariano Rajoy, in Madrid on Thursday for talks on a range of issues including Brexit. The visit to Spain is part of a string of meetings in European capitals as Mrs May appeals for a fair “divorce deal” from Brussels for the UK.

Scottish fishermen have welcomed the publication of a report revealing the full extent of catches by foreign vessels in UK waters. Published by NAFC Marine Centre UHI in Shetland, and based on the European Commission’s most recent data, Dr Ian Napier’s report explains that more than half of the fish caught in British waters between 2012 and 2014 were taken by foreign fishing boats.

The Irish government said on Tuesday it has introduced a number of specific measures to help firms that might be affected by the uncertainty caused by Britain's vote to leave the European Union (EU). The measures include an extension of the Special Assignee Relief Program, which gives designated individuals income tax relief for work done in the country until the end of 2020.

Princess Kate performed her first solo foreign engagement on Tuesday, meeting with King Willem-Alexander of the Netherlands at his Villa Eikenhorst residence. The king is married to Queen Maxima, born in Argentina and currently in a visit to her country of birth.

Mercosur has “lost focus” because of years of political and ideological discussions instead of concentrating in trade integration, commented Nigel Baker, deputy head of the Foreign Office South America's department during a two day visit to Paraguay. The ex ambassador in the Vatican also anticipated that Brexit, UK leaving the European Union will help strengthen overall relations with Paraguay, one of Mercosur four founding members.

Queen Maxima of the Netherlands began a two-day official visit Tuesday to her native Argentina in her role as the U.N. secretary-general's special advocate for inclusive finance for development, or UNSGSA, meeting with authorities.