Business Blog

Hereford United is wound up by the High Court over money owed to HM Revenue and Customs.

(Updates prices, quote)* European shares after 3-day rally* Rouble bounces over 3 percent, oil above $60 a barrelBy David GaffenNEW YORK, Dec 19 (Reuters) - Equity markets worldwide extended the week&aposs rally on Friday and oil prices rebounded from recent lows, even though market volumes were beginning to thin as investors started to reduce exposure as the end of year approaches, traders said.W

Special coins issued by Zimbabwe's central bank go into circulation in the run-up to Christmas, to help shoppers who usually get change in sweets.

Power generation firms are to receive close to £1bn to ensure their plants stay open and prevent the lights going out in the coming years.

The chief executive of Renault Nissan says manufacturers in Russia are facing a "bloodbath" because of the plunge in the value of the rouble.

Investors beware: These global crises could rattle the stock market and world economy.