UPGRADES: JPMorgan upgrades Cosan Limited (NYSE: CZZ) from Neutral to Overweight. The firm also set a price target of $10. Deutsche Bank upgrades CTC Media (NASDAQ: CTCM) to Buy. Price target increased to $17. Click Here for more color. Keefe, Bruyette and Woods upgrades Jefferies Group Inc. (NYSE: JEF) from Market Perform to Outperform, and sets...

The strong recovery rally seen on London’s equities market paused as traders sought to protect profits after the FTSE 100 retook levels last seen before the collapse of Lehman Brothers sent world markets into panic ...

The index, which fell 0.9% on the year’s last trading day amid worries about Japan Airlines, saw high-tech exporters lead a rally on a weaker yen as stimulus measures lifted the world economy ...

Wall Street broke its six-day winning streak after the stronger dollar dragged energy stocks lower ...

European equities extended their end-of-year rally for the sixth consecutive session on Tuesday though volumes were seasonally low ...

Ten years after the Nikkei index’s peak, Lindsay Whipp examines the dramatic descent of the former darling of the stock markets ...

Jim Bruene, editor and founder of the Online Banking Report and the blog Netbanker.com, shares his new year’s financial resolution. ...

If you’re ever going to try to negotiate a lower gym rate, now’s the time. Here’s how to do it. ...

New travel regulations, the peril of low interest rates (and lack of investor patience) and other consumer stories from the last few days of The Times. ...

1 EUR buys 1.4405 US dollar (USD) - The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. ...