
Chinese manufacturing slumped for a fifth month in March and the Euro zone economy is showing new signs of wilting, according to surveys revealed this week that pointed to weakening global demand.

The United States has nominated a public health expert of South Korean origin as its candidate for the World Bank presidency, a job emerging market economies are contesting for the first time.

Canadian Minister of International Trade Ed Fast has concluded a two-day trade visit to Argentina, to promote the conclusion of exploratory talks towards a possible free trade agreement (FTA) with the Mercosur trade bloc.

Argentina has asked British and US market regulators to probe whether oil companies that are involved in hydrocarbons exploration off the disputed Falklands/Malvinas Islands have told investors about the risks of their illicit drilling, the Argentine Foreign Ministry reported.

The World Health Organization, WHO, Director-General Margaret Chan urged the world to “stand shoulder to shoulder” against the tobacco industry’s attempts to overturn Australia’s new path breaking tobacco control law.

Jaguar Land Rover (JLR) has finalized a joint venture agreement with Chery Automobile Co to manufacture and sell vehicles in China, the two companies said, as the luxury British brands look for further growth in the world's largest car market.

Peruvian ministers openly disagreed over the recent decision to turn back the Royal Navy’s HMS Montrose, in solidarity with Argentina and its sovereignty claims over the Falklands/Malvinas Islands.

The US is under intense pressure to nominate a top candidate for the World Bank presidency after developing countries put forward two credible contenders of their own.

Argentina and Repsol-YPF oil corporation again clashed on Wednesday over the future of the Spanish owned company while members of President Cristina Fernandez administration said measures “can not be discarded” thus re-launching fears about further government actions.

Chinese State of Administration of Grains revealed that the world's top buyer of soybeans is on course to import 25% more in the first half of this year than the first six months of 2011, which will benefit major producers Argentina, Brazil and US.