The central banks of Argentina and China on Thursday activated a bilateral currency-swap agreement, which meant that the Argentine central bank received an initial tranche of Yuan equivalent to 814 million dollars.
South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of 1.8 billion dollars and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders.
Fifty one nations on Wednesday signed what was hailed as a milestone in the fight against tax evasion, an agreement that commits them all to automatic exchange of tax information starting in 2017. The accord capped a two-day meeting of officials from most of the 123 nations that have joined the Global Forum, which evolved from an agreement by Germany and Britain two years ago to crack down on tax evasion and tax fraud.
Sweden has recognized the State of Palestine, the country’s foreign minister has announced, making it the first European Union country to do so. The 130 other nations that already recognize a Palestinian State include Hungary, Slovakia and Poland although these three countries took this step before joining the EU.
One of the UK’s best-known designers, Tom Dixon, presented his most recent collection – entitled ‘Club’ - at an event held this last week at the Interdesign Store in Santiago, marking the launch of the British Month 2014 in Chile.
Venezuela recalled its ambassador to Spain to protest interventionist declarations made by Spanish Prime Minister Mariano Rajoy, the Venezuelan News Agency (AVN) said on Tuesday.
A Royal Navy warship has seized cocaine with a wholesale value of £10 million from a yacht in the Caribbean. Just 24 hours after helping in the aftermath of Hurricane Gonzalo in Bermuda, the Type 23 frigate HMS Argyll’s Lynx helicopter spotted the yacht in the Atlantic.
King Felipe VI and Queen Letizia on Wednesday welcomed Chilean President Michelle Bachelet at the start of her official visit to Spain, expected to center on economic cooperation.
Prince Charles and his wife Camilla were welcomed to Colombia with military honors on Wednesday, at a ceremony led by the president Juan Manuel Santos to mark the couple's first royal visit to the country.
With senior members of his own Popular Party among the dozens of Spaniards facing charges of corruption and bribery, Prime Minister Mariano Rajoy apologized to the Senate for appointing to public office some individuals who were not “worthy” of it.