Frugality and excess to mark 2011

Call it the year of feast and famine. Many of the world's big advanced economies have pledged frugality for 2011 while fast-growing emerging markets run the risk of overheating. The global economy

Stocks, oil rise in festive cheer

World stocks clung near two-year peaks while oil rose towards the $92 per barrel mark on Friday after yet another burst of strong economic figures from the United States encouraged some year-end