India's top car manufacturer Tata Motors Ltd. Announced on Monday it had completed the 2.3 billion US dollars acquisition of Jaguar and Land Rover. The deal, which was agreed in March, includes all necessary intellectual property rights, manufacturing plants, two advanced design centres in the UK and a worldwide network of sales companies, Tata Motors said in a statement.
The 38th General Assembly of the Organization of American States, OAS, opened this weekend in Colombia and although the motive of the meeting is Youth and democratic values, more pressing issues will have to be addressed by the gathering.
Appealing to common sense, experience and ethics nine distinguished European political personalities and former elected officials have sent a letter to the President of the European Commission warning about the consequences of the current financial crisis, which is showing once again that the financial market is not capable of self-regulation and calls for the immediate naming of a European crisis committee.
Secretary-General Ban Ki-moon welcomed the 1.2 billion US dollars in funding from the World Bank to help tackle the global food crisis that has emerged in recent months.
US researchers from the universities of Georgia and Pennsylvania have created specially designed robots, called SnoMotes which will help collect information on the world's ice melting shelves in the Arctic and Antarctica.
Inflation in the Euro zone bounced to a record 3.6% in May amid soaring oil prices, according to a first estimate from the EU Eurostat data agency released on Friday. The 12-month inflation rate had eased in April to 3.3% after hitting 3.6% in March, the highest level since the launch of the Euro in 1999.
As a reminder to the public that there is a better life beyond tobacco, World No Tobacco Day is celebrated (today) on May 31.This year's theme is Tobacco-Free Youth.
China is looking for alternative sources for the purchase of soy since Argentina is rapidly becoming a non reliable supplier, according to the Financial Times.
United Nations Secretary-General Ban Ki-moon welcomed on Friday the adoption of the Convention on Cluster Munitions in Dublin, and encouraged States to ratify the new agreement.
Mining giant BHP Billiton Ltd. formally filed Friday with the European Commission to take over rival Rio Tinto, triggering an antitrust review of the hostile takeover. The EC confirmed the notification and will reach a decision by July 4 when it can approve the deal, open an in-depth investigation or permit a short extension.