Standard & Poor's will likely lower the credit standing of five European nations, including top-rated France, by one or two notches if the region slips into recession and government borrowings increase, the rating agency said in a report.
Pakistan hopes to win a seat on the U.N. Security Council as a temporary member alongside archrival India when the United Nations holds annual elections to the 15-nation body on Friday.
If there's nothing to fear but fear itself, as President Franklin Roosevelt contended during the Great Depression, then the world economy in 2011 has reached an interesting juncture between sentiment and reality.
A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.
Gold was set for its largest one-day fall in two weeks on Tuesday after U.S. bank Goldman Sachs reported a quarterly loss, which coupled with evidence of slowing Chinese growth and mounting Eurozone concerns, lifted the dollar.
A cloud of gloom hangs over Brussels ahead of yet another summit to thrash out yet another comprehensive strategy to tackle a sovereign debt crisis that Europe has failed for two years to stem, and that now threatens the world economy.
British youngster Tom Lewis won the Portugal Masters Sunday to earn a European Tour exemption in only his third event as a professional.
The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.
The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.
Occupy Wall Street has much more in common with a growing European unrest in France and Spain than the Arab Spring and Tahrir Square
Renowned British coach Pete Cowen and his latest pupil, Padraig Harrington, are seeking further proof this week that the three-times major champion's game is back on song.
The final qualifiers of the Euro 2012 Group games were played out on Tuesday. Here's a round-up of who has qualified, who hasn't and what they have to do to qualify.
The bank, whose shares had plunged 42 percent last week, was poised to go bankrupt, a fatality of the Eurozone crisis.
Donald Tusk will be the first Polish prime minister since the fall of communism more than two decades ago to rule for a second consecutive term after his center-right Civic Platform trounced rivals in an election, cheering the markets.
Follow Christopher Columbus' first voyage to America and discover not only what he found in the 15th century, but also what you can find today.
A majority of Europeans say they consider climate change to be one of the most pressing global problems, above an ongoing economic unraveling, according to a new poll released Friday.
Gold prices busted a three-day winning streak Friday as fresh evidence of Eurozone instability piqued investors' desire for something safe and liquid.
Microsoft has released a trailer highlighting the perks of the Xbox's latest transformation from a games console into a full- fledged multimedia venture that's brings cable television to the 360 console.
Microsoft is getting ready to transform the Xbox gaming experience into a full- fledged multimedia venture by bringing cable television to its 360 console during the holidays.
Turkey’s military coincidentally plans to conduct a routine exercise near the Syrian border through next week.
Greece will default on its debts, Ireland could too and Greek Prime Minister George Papandreou and German Chancellor Angela Merkel will be forced out as Europe's financial crisis plays out, author Michael Lewis predicted on Tuesday.
