BREAKING NEWS

2010-12-23

Business

Hungary and Portugal credit rating downgraded

Credit rating agency Fitch gave Hungary an unwelcome Christmas present on Thursday, downgrading the country to the brink of junk debt status –

Credit rating agency Fitch gave Hungary an unwelcome Christmas present on Thursday, downgrading the country to the brink of junk debt status –

Business

Tills ring out for Christmas

Consumers around the world have been hammering their credit cards on the busiest shopping day before Christmas. Spending in the UK was expected to

Consumers around the world have been hammering their credit cards on the busiest shopping day before Christmas. Spending in the UK was expected to

News

Damien Hirst on art sharks and cash cows

He is rich and controversial, provocative and extravagant. Animals preserved in formaldehyde, skulls decorated with diamonds, the art of Damien

He is rich and controversial, provocative and extravagant. Animals preserved in formaldehyde, skulls decorated with diamonds, the art of Damien

Business

French car sales bolster consumer spending

Consumer spending in France was higher than forecast in November rising by 2.8 percent on the previous month. Economists had predicted growth of

Consumer spending in France was higher than forecast in November rising by 2.8 percent on the previous month. Economists had predicted growth of

Business

China promises "concerted actions" to aid euro zone

China has pledged to help eurozone countries return to economic health. The country says it is also willing to support the IMF element of a bailout

China has pledged to help eurozone countries return to economic health. The country says it is also willing to support the IMF element of a bailout

Europe

Berlin pours cold water on new euro fund

Germany has disowned a proposal for a new euro-zone stability fund reported in the newspaper Sueddeutsche Zeitung. Berlin attributed it to lower

Germany has disowned a proposal for a new euro-zone stability fund reported in the newspaper Sueddeutsche Zeitung. Berlin attributed it to lower