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Global Financial Crisis: Shares Rally as Euro Looks to Move Into Safe Zone

The Euro opened Tuesday away from its eight month low on the back of a report in Europe that leaders are considering 'beefing' up its bail out fund prompted short covering Reuters reports Tuesday.Asian currencies also rebounded after huge sales in the last two weeks, helping to ease the global worries of contagion from the Euro zone crisis. A group of the worlds 20 largest economies met this weekend to discuss the world's economic fears but were unable to offer anty concrete steps t...

News International Profits Fall but Murdoch Stands Defiant

News International has announced a full-year operating income of £3.08bn. The figures show a 12 per cent increase driven by the success in television and cable networking programming with BSKYB and Fox News performing well for the company.