Greece's standing in the world slipped further today after it became the first developed country to be downgraded to emerging-market status by index provider MSCI.

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Designated drivers to be offered free soft drink

Designated drivers will be offered a buy one, get one free deal on soft drinks in pubs as part of the Government's Christmas anti-drink-drive campaign launched today.

Leading article: Hope springs eternal

Malvern Water is in peril after almost half a millennium of refreshing royal palates. Coca-Cola has announced that it will cease production of what has been described as the purest spring water in England. But a local Herefordshire businessman, William Chase, is planning to come to the rescue.

Still sparkling: Malvern Water flows again

An entrepreneur has said he plans to save Britain's most exclusive brand of spring water from drying up.

Warhol's Coke bottle caps $222m Pop Art auction

The New York art market continued a run of soaring prices after a distinctive Andy Warhol Pop Art painting broke its estimated sale price and sold for $33.4m (£20.7m).

Newcastle move to halt Hughton speculation

Newcastle boss Chris Hughton is hoping to stay at St James' Park for the long term after the club moved to end speculation over his future.

Julie Burchill: Moss looks like a toothpick, Widdecombe a dinghy, but they both do as they please

Women save the taxpayer some £87bn by providing care that would otherwise fall on the NHS

CCE considering secondary listing on the London Stock Exchange

Coca-Cola Enterprises, which bottles and distributes the world's most popular soft drink, is considering a secondary listing on the London Stock Exchange.

Britain the loser as Coca-Cola triumphs in battle of the brands

Britain is no longer home to any of the world's leading brands, according to the influential Best Global Brands index which was published last night. The survey, compiled annually by Interbrand, concluded that no UK company figured in the top 30, indicating that Britain's businesses are falling behind those from Germany and France.

Coca-Cola workers set to strike after talks fail

Workers at a Coca-Cola factory are set to go on strike after the breakdown of talks aimed at resolving a row over pay, it was warned today.

Nike to stand by Rooney

Wayne Rooney's sponsors Nike have confirmed they will stick with the Manchester United striker despite lurid allegations about his private life.

Business Diary: From hero to (almost) zero

How the mighty have fallen. A year ago, Lloyd Blankfein, the chairman and chief executive of Goldman Sachs, came out top in Vanity Fair's annual rankings of the "100 most powerful people in the information age". The good news for Mr Blankfein is that 12 months on, despite the problems the investment bank has had this year, Vanity Fair has left him on the list. Less happily, he's gone from top to bottom, ranked 100 this time around.

Life jail term for 'breathtaking' murder

A 30-year-old man was jailed for life today for nearly decapitating a young father during an episode of "breathtaking" violence outside the Ministry of Sound.

Coca-Cola sales surge by 5 per cent

Coca-Cola regained its fizz yesterday as it said second-quarter revenues were up by 5 per cent worldwide and sales in its home market had risen by a crucial 2 per cent.

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Chris Froome: Free from 'pain in neck' after Bradley Wiggins' exit

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