Louisiana's oil impact on jobs

Louisiana’s livelihood is mostly based on oil, tourism and fishing, and a large part of this is on hold. Local people affected feel powerless


Spanish credit rating cut

More bad news for Spain, the country’s credit rate has been cut from AAA to AA+ by the Fitch ratings agency late on Friday. Fitch explained that


Ready for the show

In a few days, South Africa will host the first ever World Cup to held on African soil. The ten stadiums, of which five are brand new, are primed and


Karstadt bid deadline passes

As the insolvency administrator’s deadline passed on Friday it was reported that there were three bids for bankrupt German department store chain


'To dump Mercury brand'

Ford is reportedly considering a plan to eliminate its Mercury brand because of slumping sales. Sources said the carmaker has been consulting with


Pru trying to cut AIA price

British insurer Prudential has confirmed it is trying to cut the amount it has agreed to pay for AIA the Asian division of American Insurance Group

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India train crash

At least 65 passengers were killed and over 200 injured when suspected Maoists blasted rail tracks in Midnapore district, in the eastern Indian state