
Reforming the World Trade Organization’s paralyzed dispute-resolution body will be a key priority for the institution, but the process won’t be easy, incoming Director-General Ngozi Okonjo-Iweala said.

The final approval for the Delta-LATAM joint venture has been given this week by Brazil. The agreement, which has also been given the nod from Uruguay, still needs approval in some other jurisdictions. The news was released by Simple Flying, an air industry specialized news agency.

AFP – The Pfizer Covid-19 vaccine has proven 94% effective in a study involving 1.2 million people in Israel, the first peer-reviewed real world research confirming the power of mass immunization campaigns to bring the pandemic to a close.

Warsaw claims to have the tallest skyscraper in the European Union after workers mounted an 80-meter needle bringing the total height of the building to over 310 meters, developer HB Reavis said.

Brazil’s benchmark Bovespa index fell more than 4% Monday following President Jair Bolsonaro's decision last week to replace the chief executive of state oil company Petrobras. The company's shares plunged more than 21% on news that the government nominated an army general with no oil and gas industry experience as its new CEO.

Good news for Chile. The price of the country's main export, copper, reached this week its highest international value in eight years and nine months, at US$ 3,81 the pound, according to the latest reports from the London Metal Exchange.

Jaguar Land Rover's Jaguar brand will be all-electric by 2025, the carmaker announced. The company will launch electric models of its entire Jaguar and Land Rover line-up by 2030, it added.

Falklands flagged RRS Sir David Attenborough will spend the next two weeks testing anchoring, maneuvering, and dynamic positioning, as well as other engineering systems, such as freshwater making, that cannot be tested while in port. The trials will primarily take place in and around the Irish Sea, although some may take place on the West Coast of Scotland and the Celtic Sea.

Brazil’s industrial output plunged by 4.5% last year as the coronavirus pandemic battered Latin America’s largest economy, particularly the auto and clothing industries, the national statistics institute reported on Tuesday.

Jeff Bezos is stepping down as CEO of Amazon later this year, the company said on Tuesday, 30 years after holding that role. The online company said he'll be replaced in the fall of 2021 by Andy Jassy, who currently runs Amazon's cloud business.