
Meryl Streep has won a Golden Globe Award for Best Performance by an Actress in a Motion Picture - Drama for her role as former UK Prime Minister Margaret Thatcher in The Iron Lady who in Latin America is remembered for her fight against the unions, the Falklands conflict and her disgust with a ‘federation’ of Europe.

The timing of Carnival Corp.’s Costa Concordia cruise ship’s grounding off the coast of Italy, at the start of the northern hemisphere peak booking season, may exacerbate the company’s losses.

Pieces of a failed Russian Mars probe plummeted into the Pacific Ocean far off the Chilean coast on Sunday, Russian news agencies cited a military official as saying.

British Prime Minister David Cameron offered on Sunday to hold talks with Scottish leader Alex Salmond to thrash out their differences over arrangements for a referendum on Scottish independence that could lead to a break-up of the United Kingdom.

Rockhopper Exploration which recently discovered oil and gas in Falkland Islands waters has appointed Bank of America Merrill Lynch to lead the process of finding a partner for its 2 billion dollars oil project in the North Falkland basin, reports the London media.

Ratings downgrades in the Euro zone by S&P underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.

The Italian captain of the cruise ship that ran aground -- killing three persons and injuring 20 more -- was arrested late Saturday and is being investigated for manslaughter and abandoning ship, said a local prosecutor in Grosetto, Italy.

The European Union Commissioner for Economic and Financial Affairs Olli Rehn defended Euro-zone governments' crisis plans Friday, after Standard & Poor's downgraded nine out of 17 of the economic bloc's member states, a decision which he described as “inconsistent”.

The worst-kept secret on Wall Street was officially confirmed after the close Friday, when Standard & Poor’s downgraded its sovereign debt rating on France to AA+ from AAA. Spain and Italy saw their ratings cut two notches, while Germany’s AAA rating was left unchanged.

Chevron Canada Ltd., a big player in Canada's offshore oil industry, has struck a deal with Norwegian and Spanish oil companies to carry out exploration off the coast of Atlantic Canada.