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Business

Moody's cuts Hungary rating to noninvestment grade

BUDAPEST, Nov 25 (Reuters) Ratings agency Moody's cut Hungary's government bond rating by one notch to Ba1, below investmentgrade with a negative outlook hours after rival Standard amp; Poor's held fire on a flagged downgrade on news of planned talks on international aid.

Business

Banks step up efforts to sell Versatel loan

LONDON (Reuters) - Banks are redoubling efforts to sell the 465 million euro ($619.50 million) leveraged loan backing private equity firm Kohlberg Kravis Roberts Co.'s buyout of German telecoms company Versatel before year-end, sources said on Thursday.

World

Time running out for deal on global warming at climate talks

JOHANNESBURG (Reuters) - Time is quickly running out to strike a deal at global climate talks to save a Kyoto Protocol in its death throes and make major cuts in the greenhouse gas emissions that scientists blame for rising temperatures, wilder weather and crop failures.

Books

Master of mood and place

An acclaimed writer gives us an almost-allegorical novel about a controversial period of recent British history.

Lifestyle

Master of mood and place

An acclaimed writer gives us an almost-allegorical novel about a controversial period of recent British history.

Lifestyle

Chanel N°19 reimagined

Gabrielle Chanel's last scent has been reinvented; it's delicate yet sophisticated.

Business

Most Asian markets end higher

Exchanges boosted by speculation that China might ease its monetary policy

Business

"Disastrous" bond sale shakes confidence in Germany

BERLIN (Reuters) - A disastrous German bond sale on Wednesday sparked fears that Europe's debt crisis was starting to threaten even Berlin, with the leaders of the euro zone's two biggest economies still at odds over a longer-term structural solution.

Business

Fitch says new shocks could threaten France's AAA

PARIS (Reuters) - France would have limited room to absorb any new shocks to its public finances without endangering its AAA status, Fitch Ratings said on Wednesday, in the latest sign that the euro crisis could rob France of its cherished top-tier rating.

World

Analysis - Policy paralysis in Egypt as economic crisis mounts

CAIRO (Reuters) - Faced with economic threats on several fronts, Egypt's rulers look unlikely to come up with a coherent policy response as the country heads into a long and turbulent election period which may make tough decisions even more difficult.