S&P downgrades EU's bailout fund Category: BusinessPublish Date: 01-16-2012 11:46 AM -0800
The credit ratings agency Standard & Poor's (S&P) downgrades the EU bailout fund, the EFSF, to AA+ from AAA.[more]
Greek debt talks to resume Category: BusinessPublish Date: 01-16-2012 11:03 AM -0800
Greek debt talks are set to resume this week as the country at the heart of Europe's financial crisis struggles to get another round of bailout funds.[more]
S&P downgrades eurozone bailout fund to AA+ Category: BusinessPublish Date: 01-16-2012 10:39 AM -0800
Rating agency Standard & Poor's cut its credit rating of the European Financial Stability Facility, the euro zone's rescue fund, by one notch to AA+ on Monday.[more]
Conoco Seeks Oil-Sands Partner Category: BusinessPublish Date: 01-16-2012 09:51 AM -0800
ConocoPhillips is seeking a 50-50 joint-venture partner for its oil-sands projects in Western Canada.[more]
Past Times enters administration Category: BusinessPublish Date: 01-16-2012 09:51 AM -0800
Retailer Past Times goes into administration, blaming difficult trading conditions last year.[more]
Peacocks in administration plan Category: BusinessPublish Date: 01-16-2012 09:49 AM -0800
Clothing retailer Peacocks intends to go into administration after failing to restructure company debts of around £240m.[more]
VIDEO: Bailey: No knowledge of hacking at Mirror Category: BusinessPublish Date: 01-16-2012 09:48 AM -0800
Trinity Mirror Chief Executive Sly Bailey said it had not investigated whether there was hacking at the group's titles following phone-hacking convictions at News International.[more]
European stocks shrug off downgrade Category: BusinessPublish Date: 01-16-2012 09:30 AM -0800
European stocks closed slightly higher Monday, shrugging off Standard & Poor's downgrade of nine eurozone governments.[more]
Moody's keeps French AAA rating Category: BusinessPublish Date: 01-16-2012 09:12 AM -0800
Ratings agency Moody's is maintaining France's top AAA credit rating for now, three days after it was downgraded by another agency.[more]
