BREAKING NEWS

2012-01-16

Business

S&P cuts EFSF credit rating after eurozone downgrade

The rating agency Standard & Poor’s has downgraded the eurozone’s EFSF bailout fund by one notchfrom AAA to AA+. The move was expected after S&P cut

The rating agency Standard & Poor’s has downgraded the eurozone’s EFSF bailout fund by one notchfrom AAA to AA+. The move was expected after S&P cut

Europe

Close up: ECB bids to ease bank stress

The European Central Bank may have been slammed for failing to act as a lender of last resort to the eurozone’s crippled economies - but when it

The European Central Bank may have been slammed for failing to act as a lender of last resort to the eurozone’s crippled economies - but when it

News

UN chief urges Security Council unity on Syria

The United Nations Secretary General has called on members of the Security Council to act with one voice over Syria. Ban Ki-moon said despite his

The United Nations Secretary General has called on members of the Security Council to act with one voice over Syria. Ban Ki-moon said despite his

News

24 killed in Beirut building collapse

In brief: At least 24 people have been killed in the collapse of a building in Beirut. Rescuers are continuing to search for more than 10 others

In brief: At least 24 people have been killed in the collapse of a building in Beirut. Rescuers are continuing to search for more than 10 others

News

Observers slam 'undemocratic' Kazakh election

International monitors on Monday condemned Kazakhstan’s parliamentary election as undemocratic. Observers said there was no real opposition to

International monitors on Monday condemned Kazakhstan’s parliamentary election as undemocratic. Observers said there was no real opposition to

News

Search resumes for Italy cruise liner missing

Rescuers resumed their search of the Costa Concordia off western Italy on Monday, after poor weather and the risk the wreck might be displaced forced

Rescuers resumed their search of the Costa Concordia off western Italy on Monday, after poor weather and the risk the wreck might be displaced forced

Business

London to boost yuan trade

Britain is teaming up with Hong Kong to secure London a top spot as an offshore trading centre for the Chinese currency the yuan. The move is part

Britain is teaming up with Hong Kong to secure London a top spot as an offshore trading centre for the Chinese currency the yuan. The move is part

News

Shares steady after S&P downgrades

It was choppy session for European stock markets on the first trading day after Friday’s mass downgrade by Standard & Poor’s of credit ratings for

It was choppy session for European stock markets on the first trading day after Friday’s mass downgrade by Standard & Poor’s of credit ratings for

Business

Greek PM confident on debt talks

Greek Prime Minister Lucas Papademos has promised that a debt swap will be reached in time between his government and its creditor banks. Papademos

Greek Prime Minister Lucas Papademos has promised that a debt swap will be reached in time between his government and its creditor banks. Papademos

Nocomment

Search continues after Costa cruise ship accident

Search and rescue efforts have been conducted around the Italian island of Giglio, to find survivors of the Costa Concordia cruise ship accident

Search and rescue efforts have been conducted around the Italian island of Giglio, to find survivors of the Costa Concordia cruise ship accident

News

Markets demand better solutions from EU leaders after downgrades

In the age of austerity, investors are calling for EU leaders to come up with a convincing plan to boost economic growth after Friday’s downgrade of

In the age of austerity, investors are calling for EU leaders to come up with a convincing plan to boost economic growth after Friday’s downgrade of

News

Pakistan's top court wants PM to face contempt charges

Pakistan’s Supreme Court on Monday ordered Prime Minister Yousuf Raza Gilani to appear before judges to face contempt charges. The court said that

Pakistan’s Supreme Court on Monday ordered Prime Minister Yousuf Raza Gilani to appear before judges to face contempt charges. The court said that

News

Jonathan performs U-turn on Nigerian petrol prices

Nigerian President Goodluck Jonathan has performed a major U-turn by announcing that petrol prices will be reduced after five days of mass

Nigerian President Goodluck Jonathan has performed a major U-turn by announcing that petrol prices will be reduced after five days of mass

Nocomment

Giant pandas arrive in France from China

Chinese pandas flew on an 11-hour chartered flight from Sichuan province to Paris, en route to their new home in France’s Beauval Zoo.

Chinese pandas flew on an 11-hour chartered flight from Sichuan province to Paris, en route to their new home in France’s Beauval Zoo.

News

Car bomb blast kills Shi'ites in Mosul

A car bomb has exploded in a housing complex for displaced Shi’ite Muslims in the Iraqi city of Mosul. At least eight people are reported dead with

A car bomb has exploded in a housing complex for displaced Shi’ite Muslims in the Iraqi city of Mosul. At least eight people are reported dead with

News

Silence is golden at the glittering Globes

This years Golden Globe awards have been held in Los Angeles with Hollywood’s great and good putting in appearances. French star Jean Dujardin

This years Golden Globe awards have been held in Los Angeles with Hollywood’s great and good putting in appearances. French star Jean Dujardin

News

Exit polls give Kazakhstan rulers predictable landslide

Exit polls in Kazakhstan’s general election suggest another crushing victory for the ruling party, with three surveys giving it more than 80 percent

Exit polls in Kazakhstan’s general election suggest another crushing victory for the ruling party, with three surveys giving it more than 80 percent

Sport

Peterhansel and Despres celebrate Dakar triumphs

Stephane Peterhansel celebrated his 10th Dakar Rally title on Sunday following the two-week race through Argentina, Chile and Peru. The Dakar

Stephane Peterhansel celebrated his 10th Dakar Rally title on Sunday following the two-week race through Argentina, Chile and Peru. The Dakar

News

Silent hit "The Artist" wins 3 golden Globes

This years Golden Globe awards have been held in Los Angeles with Hollywood’s great and the good putting in appearances. George Clooney won best

This years Golden Globe awards have been held in Los Angeles with Hollywood’s great and the good putting in appearances. George Clooney won best

News

Spanish political veteran Manuel Fraga dies

Veteran Spanish politician Manuel Fraga, the last surviving minister of General Franco’s right-wing regime, has died at the age of 89. In a career

Veteran Spanish politician Manuel Fraga, the last surviving minister of General Franco’s right-wing regime, has died at the age of 89. In a career

News

Violent protests continue in Romania

Protests in Romania have spread from the capital Bucharest to other cities as angry crowds clashed with police in a fourth day of

Protests in Romania have spread from the capital Bucharest to other cities as angry crowds clashed with police in a fourth day of