International

Wednesday, October 14th 2015 - 11:00 UTC
Global banks warn net outflows from emerging markets close to $800 billion

After a week of discussions at the annual IMF assembly in Peru, bankers and policy makers agreed that stemming the rush of investments from emerging markets was one of the most important challenges facing the global economy. But there was little agreement on how to actually do that.
Wednesday, October 14th 2015 - 10:54 UTC
Media leaks have conservative cardinals bitter about little influence in Vatican's family affairs synod

A gathering of world Roman Catholic bishops was thrown into confusion this week with the leak of a letter from conservative cardinals to Pope Francis bitterly complaining that the meeting was stacked against them.
Wednesday, October 14th 2015 - 10:49 UTC
$100bn marriage to concentrate one third of the world's beer brewers

The world's top two brewers, Anheuser-Busch InBev and SABMiller, have agreed in principle to one of the biggest mergers in corporate history after a near month-long courtship resulted in SABMiller accepting an offer worth more than $100 billion.
Wednesday, October 14th 2015 - 10:25 UTC
Falkland Islands: ”Best Destination for Wildlife and Nature”

Breaking news from the Falkland Islands Tourist Board office in London. Tony Mason, Director of International communications has announced the Falkland Islands has WON the award for the second year in a row for “Best Destination for Wildlife and Nature” in the Selling Travel Magazines, “Agents Choice Awards.”
Wednesday, October 14th 2015 - 08:01 UTC
China to the rescue of cash strapped Petrobras with $2bn for a 10-year lease of two platforms

Brazil's state-run oil firm Petroleo Brasileiro SA will raise $2 billion through a 10-year leasing contract with China's Industrial and Commercial Bank of China Leasing, the Brazilian company said in a statement on Tuesday.
Wednesday, October 14th 2015 - 06:46 UTC
Falklands: Argentina declares Italy's Edison oil activities 'illegal' and 'clandestine'

The oil and gas operations being undertaken by Italy's Edison International S.p.A. on “the Argentine continental shelf” near the disputed Falkland Islands are “illegal” and “clandestine,” the Argentine Energy Ministry said Tuesday.
Wednesday, October 14th 2015 - 06:29 UTC
Maradona thanks the Queen and Houses of Parliament for their confidence

Diego Maradona has thanked the Queen and the Houses of Parliament for giving him the chance to provide “true justice” as head of an organization designed to help young children.
Wednesday, October 14th 2015 - 05:57 UTC
UK's new polar ship to be built in Britain; delivery scheduled for 2019

The U.K. Government announced on Monday that Cammell Laird in Birkenhead has been selected as the preferred bidder to build the nation’s new £200 million polar research ship. The decision follows a 12-month competitive tender process that involved bids from companies in the U.K., Spain, Norway, Singapore and South Korea.
Wednesday, October 14th 2015 - 05:41 UTC
Disappointing China: September's imports slump 20% in dollars

China's September imports fell a more-than-expected 17.7% in Yuan-denominated terms, while exports fell 1.1% from a year earlier, official figures show. The numbers leave the country with a trade surplus of 376.2bn Yuan ($59.4bn)
Tuesday, October 13th 2015 - 07:48 UTC
Economics Nobel for Scottish born Angus Deaton: understanding consumption great and small

The 2015 Nobel Prize for Economics has been awarded to Scottish-born economist Professor Angus Deaton, 69, who is currently professor of economics and international affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, in New Jersey.