
Malaysia Airlines is technically bankrupt, its chief executive has said, as he announced a restructuring program and plans to cut about 6,000 jobs. The announcement follows the twin air disasters which forced its nationalization last year.

A Canadian court has ordered three tobacco companies to pay 15.5bn Canadian dollars ($12bn), the largest award for damages in the country's history. The plaintiffs were Quebec smokers who said the firms failed to warn them of health risks associated with smoking.

After two years of absence, the Spanish airline Iberia on Monday resumed flights to Havana. The Cuban tourism ministry confirmed last Friday that on June first, the flight marking the resumption of operations between Madrid and Havana would arrive at the Jose Marti International Airport.

Several thousand teachers poured into the streets of Santiago and other cities of Chile to express their rejection of an education bill currently being debated in Congress. The Monday march marked the first day of a strike called by the teachers union, which demands changes in key aspects of a bill that includes some of the reforms to the education system being promoted by the Michelle Bachelet government.

U.S. President Barack Obama on Monday announced his intention to nominate Roberta Jacobson, the assistant secretary of state for Latin America and the chief U.S. negotiator at the talks to resume diplomatic relations with Cuba, as the new ambassador to Mexico, the White House announced in a communiqué.

The Argentine government has turned down a plea from mediator Daniel Pollack to return to the negotiating table with holdout investors, with the Economy Ministry considering that talks with the speculative funds, so-called 'vulture funds', would be inappropriate given the behavior of the litigants.

The ongoing FIFA scandal has prompted FIFA secretary general Jerome Valcke to skip the opening news conference of the Women’s World Cup. As of Sunday evening, Valcke had been slated to attend Thursday’s event in Vancouver along with Canadian and other officials. But that changed Monday afternoon.

Appalled by the brutal murders of two Brazilian journalists in the space of a few days, Reporters Without Borders has written to President Dilma Roussef asking her to end the prevailing impunity for crimes of violence against media personnel in her country.

The Falkland Islands will be marking the anniversary of the liberation of the Islands from Argentine occupation with a vast program scheduled for Sunday 14, June, 2015, in the capital Stanley.<
The program includes a religious service, a ceremony at Liberation Monument and later a reception hosted by Falkland Islands governor Colin Roberts. MLA Ian Hansen will be presented with the South Atlantic Medal on behalf of all Islanders.

Brazilian state-controlled oil company Petrobras said that the 13.7bn dollars divestment program it unveiled two months ago does not include plans to sell a stake in its service station network.