Structural deficit set to climb by almost Ј30bn.

(Reuters) - Credit rating agency Standard & Poor's could change the outlook for France's triple-A rating to negative within the next 10 days, a French newspaper reported on Monday, citing several sources.

Fitch Ratings gave the United States until 2013 to come up with a "credible plan" to tackle its ballooning budget deficit or risk a downgrade of the country's coveted AAA rating.

The IMF is drawing up a 600 billion euro ($794 billion) bailout plan for Italy as a safeguard for the country in the event that the its debt crisis escalates even further, reported Italian daily La Stampa as cited by AFPon Sunday.

Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.

Dominique Strauss-Kahn: what really happened in the New York hotel?

Daimler AG has decided to discontinue its Maybach ultra-luxury cars after failing to find a fix for their dwindling sales and lack of profitability, barely a decade after resuscitating the Maybach brand.

China's 'princelings,' the offspring of the communist party elite, are embracing the trappings of wealth and privilege - raising uncomfortable questions for their elders.

Shanghai's government borrows in its own name for the first time in decades.

FRANKFURT - Italian two-year and five-year government-bond yields soared to euro-era highs Friday as investors began giving up on the euro zone's ability to break the political gridlock that is blocking a more decisive response to the currency bloc's debt crisis.

Unless Germany and the ECB move quickly, the single currency's collapse is looming.

Fears grow over groups' exposure to European fallout.

China's economy faces growing risks from Europe's sovereign debt crisis and from debt held by local Chinese governments but it could engineer a soft landing by easing monetary policy, the World Bank said on Tuesday.

Billionaire investor Warren Buffett said Europe's debt crisis had shown up a "major flaw" in the 17-member euro zone system and it would take more than words to fix it.

Nov 21 (Reuters) - Kazakh oil and gas producer Zhaikmunai has signalled its intention to seek a full London listing that would qualify it for entry into the FTSE 250 index of mid-cap companies, the Financial Times reported on Monday.