Fund managers keen to cash in on the cult of celebrity are being warned high-profile, pricey marketing campaigns in today's tough economic times could lose them more business than they win.
Crude oil prices edge higher in Asian trade Friday, but remained rangebound as renewed concerns over the eurozone debt crisis offset fears over an escalation of violence in Saudi Arabia may threaten crude supply from the Middle East.
European shares fell for the sixth consecutive session in low volume on Thursday after German Chancellor Angela Merkel restated her position against changing the role of the European Central Bank to ease the euro zone debt crisis.
Fitch downgraded Portugal's credit rating to junk status on Thursday, citing large fiscal imbalances, high debts and the risks to its EU-mandated austerity program from a worsening economic outlook.
German government bond yields hit their highest in nearly a month and world stocks held near 7-week lows Thursday, a day after a weak debt sale in Berlin fanned fears the euro zone debt crisis is starting to threaten its biggest > falling 115 ticks on the day to 134.66, the lowest since October 31.
International Emmy Awards 2011: Black Rules the Red Carpet, Lady Gaga in Surprise Appearance [PHOTOS, VIDEOS]
Mozambique has no plans to impose local ownership requirements on its mining industry and it will not seek overly high government stakes in mining ventures that could deter investors, its national director of mines said.
South Africa's direct economic exposure to countries at the epicentre of the euro zone debt problems is low, but the risk of increased trade protectionism as a result of the crisis could harm local exports, Deputy President Kgalema Motlanthe said on Wednesday.
Gold prices broke a four-day losing streak Tuesday as investors worried about a possible liquidity crisis in the Eurozone sought protection for their money in the yellow metal.
The United Kingdom won five International Emmy Awards on Monday as American Idol executive producer Nigel Lythgoe received an honorary prize presented by Lady Gaga, who made a surprise appearance.
The Eurozone crisis, which has intensified since early 2010, shows no signs of abating and has put several member countries on the brink of default.
Stock markets put in gains Tuesday after a heavy session of losses the previous day, though the respite from worries over U.S. and European government debt looked only temporary.
Mariano Rajoy's center-right People's Party stormed to a crushing election victory Sunday when voters punished the outgoing Socialist government for the worst economic crisis in generations.
Spaniards are voting in a parliamentary election on Sunday that is expected to throw out the ruling Socialists and bring in a new center-right government to tackle the country's dire economic situation.
The group is also urging that governments and courts treat drug addiction as a “medical” problem, instead of a criminal violation.
Unrest and anger run deep against the ruling leftist Socialist Workers Party, which is almost guaranteed to lose the election.
Japanese Prime Minister Yoshihiko Noda said on Saturday Asia needs to consider further steps to avoid a financial crisis as the euro zone's debt problems could spill into the region.
Dance therapy, a field expected to grow 15 percent by 2018, uses the body's movement as a door to mental and physical health.
Negative rumors have turned Jefferies Group Inc. into the latest financial whipping boy. A controversial report from ratings agency Egan-Jones, which the firm has stood by, has spooked the markets. Jefferies is insistent that it remains solid. Who will investors believe?
Fear over European banks' exposure to risky government debt stalked markets and harried bank executives on Friday, as unsecured lending between banks evaporated and the cost of secured loans rose.
LONDON - In some cultures, the number 7 is mystical and magical; in the euro zone, it's a Mayday call.
The European Central Bank could soon bow to pressure to print money to prevent a further escalation of the euro zone's debt crisis, with respondents in a Reuters poll giving an even probability the ECB would adopt a policy of quantitative easing.
