Oil up above $61 as China’s demand rebounds

Oil firmed above $61 on Friday as fundamental support came from consumer nations such as China, the United States and Africa's top producer Nigeria after weeks of equity-led rallies. U.S. crude futures

Euro zone sees downturn easing; UK warned

Euro zone economies showed signs on Thursday that the worst recession in six decades was easing, but prospects for a British recovery were clouded by a warning over government debt and political