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Spain's Credit Rating Downgraded

Euro Toliet Roll

Spain's precarious economic situation has worsened after the ratings agency Standard & Poor's downgraded the country's debt and warned that its recession was likely to deepen by the end of the year.

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Money At Work

India's IPO market is firing up

India's initial public offering (IPO) market is firing up as companies look to cash in on exuberant investor sentiment, says Bombay Stock Exchange chief Ashish Chauhan.