The art market posted stellar returns in 2011, with the Mei Moses All Art index returning 11%, outpacing leading equity indices.
Axa, Allianz and Aviva groups are among 15 insurers that Standard & Poors (S&P) have warned face a downgrade in their credit rating.
Standard & Poor's has said it may downgrade the European Union's AAA rating and make further cuts to eurozone banks' credit ratings if a review of eurozone countries prompts mass sovereign downgrades.
Ratings agency Standard and Poor's (S&P) said France and Germany are among 15 nations that have been put on "credit watch" due to fears over the impact of the debt crisis.
Standard & Poor's has downgraded a raft of US and UK banks including HSBC, Barclays, and Goldman Sachs following an overhaul of its ratings criteria.
S&P has downgraded Belgium's credit rating by one notch, to AA from AA+, expressing concerns about funding and market pressures.
International credit rating agency Standard & Poor's has lowered its sovereign ratings for the Isle of Man and Guernsey to AA+.
Ratings agency Standard & Poor's (S&P) was last night at the centre of a storm after it accidentally downgraded France's AAA rating.
McGraw-Hill and CME Group - owners of S&P Indices and Dow Jones Indexes - have agreed a deal to form a joint indexing venture.
Standard and Poor's (S&P) has created six volatility strategy indices, designed to respond to specific market environments.