ECONOMY

Russian financial markets saw a muted reaction on Tuesday (January 27) after ratings agency S&P downgraded the country's sovereign credit rating to "junk", with the rouble strengthening and Moscow-listed shares broadly steady.

Tyler and Cameron Winklevoss believe bitcoin has the potential to reach a $1 trillion market cap.

European foreign ministers gather for exceptional meeting on Thursday to discuss new Russia sanctions.

Lockheed Martin is investing £250,000 in a cyber security Virtual Technology Cluster with Restoration Partners

ONS data shows UK GDP growth slowed in final quarter of 2014 as election looms.

New research by an Anglia Ruskin University economist surveyed over 21,000 citizens in Greece.

The majority of the new roles will come from new stores.

December saw a trade surplus of 0.4bn krona, compared with a deficit of 0.2bn krona a year earlier.

When economies are in a hole, they should not be forced to dig deeper.

IBTimes UK looks at some of the main events going into the general election.

Smart leaders cannot hide among privilege and peers in mountaintop luxury - no one can learn if they do not listen.

Soho, the most vibrant and creative area in London, is in danger of losing its identity.

Crude oil continues to slide as strong dollar makes commodity more expensive in other currencies.

GDP numbers show that UK will take longer to start hiking rates.

Britain's economy recorded its fastest annual growth since 2007.

Russia credit rating falls below investment grade for first time in a decade.

Greece's new prime minister Alexis Tsipras set to meet with other EU leaders next week.

Pound is only 1% off the 18-month low hit last week.

The Chinese economy is thought to have created some 13 million new jobs in 2014.

Ed Miliband will also pledge new safety checks and 5,000 new home care workers.

Profits for large Chinese industrial firms rose 3.3% y-o-y in 2014, marking the slowest growth rate since November 2012.

Research from the LSE and Manchester and York universities warn poverty will worsen over the next 5 years

Complaints were down when compared with the previous two quarters.

Deadline day for HMRC's self-assessment tax returns is 31 January.

Bitcoin price skyrockets ahead of Coinbase exchange opening but tumbles shortly afterwards.

Alexis Tsipras, leader of Syriza and Greek prime minister, called Troika 'dead'.

The new YouGov poll shows that 42% of Londoners back Ed Miliband's party.

There is little support in the euro zone for any write-off of Greece's debts, Jeroen Dijsselbloem, the chairman of the Eurogroup of euro zone finance ministers, said on Monday (January 26).

Egypt pound falls to record low as central bank seeks to narrow gap to unofficial exchange rate.