
Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 15 Spain-based financial firms downgraded by Standard & Poor's after the credit-ratings company reduced the nation's grade last month.

China's exports fell in January the first decline in more than two years, raising fresh concerns about the impact of a global slowdown on its economy. Exports dipped 0.5% from a year earlier hurt by sluggish demand and factories being shut during the Lunar New Year.

Vodafone Group, the world's largest mobile operator by revenue, is considering a bid for Britain's Cable & Wireless Worldwide, whose fixed-line network could boost bandwidth for its Internet-hungry customers.

By Ronald Sanders - The national and regional interests of Commonwealth Caribbean countries would hardly be served by backing Argentina in its long-running dispute with Britain over the Falkland Islands.

The FAO Food Price Index rose by nearly two percent or four points from December to January, its first increase since July 2011. According to FAO prices of all the commodity groups in the index registered gains last month with oils increasing the most followed closely by cereals, sugar, dairy products and meat.

Global warming will get worse as agricultural methods accelerate the rate of soil erosion, which depletes the amount of carbon the soil is able to store, a United Nations' Environment Programme report said on Monday.

US actor Sean Penn gave his full support to Argentina’s sovereignty claim over the Falklands/Malvinas Islands and underlined the conflict must be solved through dialogue. The Hollywood star visited Buenos Aires on Monday as representative of the Haitian people and survivors of the earthquake that bashed the Caribbean nation in 2011.

Meryl Streep won the best actress at the British Academy of Film and Television Arts, Bafta, for her performance in The Iron Lady, continuing a triumphant awards season that looks set to carry her all the way to Oscar glory.

The head of China’s 410 billion dollars sovereign wealth fund CIC brushed aside a call by German Chancellor Angela Merkel to buy European government debt, saying such investments were difficult for long-term investors.

European and Latin American personalities underlined the peril of falling prey to short term results and forget the long term relation between the two regions which is expected to be re-launched following the French presidential election next April.