
Oil and gas company Borders & Southern Petroleum with interests in the Falkland Islands announced this week it had secured the extension of its Production Licenses PL018, PL019, PL020, including the Darwin Discovery Area, according to reports in London's financial media.

Astara Chile signed an alliance with BYD whereby the Spanish distributor will market and distribute BYD electric passenger vehicles in the South American country starting in the first quarter of 2023, it was announced this week in Santiago.

After 53 years of non-stop production, aircraft manufacturer Boeing announced the completion of the last unit of the 747 models, which shall be delivered to her buyers in January of 2023.

The European Union Wednesday banned the import of products such as soy, meat, or wood that might involve deforestation in their processes. The measure also reached leather, furniture, palm oil, paper, cocoa, coffee, and rubber and their byproducts.

The Royal Navy has ordered its first crewless submarine to shape the future of underwater warfare. In two years' time, Cetus – named after a mythological sea monster – will move through the oceans, monitoring hostile activity, listening out for ships or submarines which may pose a threat to the fleet, or to key national infrastructures such as deep-sea cables and pipelines.

Rockhopper Exploration oil and gas company which last year agreed to jointly develop the Sea Lion project at the North Falkland Basin with Israel's Navitas as leading financer and operator, announced that following discussions, the Falkland Islands Government had agreed to extend the company's licenses at the South Falkland Basin.

The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the pandemic weaken the outlook for trade, U.N. agency UNCTAD said this week.

Brazilian authorities Wednesday announced that the South American country was joining the so-called Budapest Convention whereby it will be granted faster access to electronic evidence produced under foreign jurisdiction.

HMS Glasgow is set to enter the water for the first time as the construction of the Royal Navy's new Type 26 frigates hits a new milestone. Last week she was moved on to the Clyde for the first time.

Back at the beginning of 2010 Bitcoin was nothing more than an intrepid idea with a whole lot of mathematics and computing behind it.