United States crude oil futures rose Thursday to hit a 31-month high settlement after a volatile trading session while the US dollar fell to a three-year low against major currencies following on the Federal Reserve's intention to keep interest rates near zero.
A French navy vessel equipped with state of the art systems for tracking missile launchings and other space objects called in Montevideo as part of its tour of the South Atlantic.
The World Trade Organization's 153 member nations will openly discuss for the first time an alternative to the failing Doha round of global trade talks, according to a report from The Wall Street Journal.
A new row flared between Spain and Gibraltar after police from the British Overseas territory charged on Tuesday that one of its boats was damaged in a clash with Spanish police vessels that illegally entered its waters.
Environmentalists in New Zealand asked the government to halt an offshore oil exploration project being conducted for Brazilian oil giant Petrobras in the wake of the deaths of dozens of penguins, the press reported.
A top level Indian business delegation headed by Minister of state for Commerce and Industry Jyotiraditya Scindia is travelling to Argentina and Uruguay to boost ties with Mercosur, according to the Indo-Asian news agency.
Deep-sea searchers picking through wreckage of an Air France plane that crashed off Brazil in 2009 have found a part that held one of the flight's data recorders, but without the memory unit that could provide crucial clues to the crash.
Risk rating agency Standard and Poor's threatened to cut Japan's sovereign credit rating again, warning the huge cost of last month's devastating earthquake will hurt already weak public finances unless bickering politicians can agree to raise taxes.
Soaring food and fuel prices are threatening to derail growth in Asian economies, according to a report by the Asian Development Bank (ADB). The bank has warned that if food and fuel prices continue to surge, economic growth in the region could be reduced by up to 1.5% this year.
Toyota executives in Brazil and Argentina announced they are cutting production at two assembly plants for three days because they don’t have enough parts from Japan due to the recent earthquake and tsunami.