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Business

Turkish president dismisses S&P ratings cut

Ratings agency S&P has cut Turkey's credit rating due to rising political uncertainty. President Recep Tayyip Erdogan said domestic and international investors shouldn't be concerned.

Ratings agency S&P has cut Turkey's credit rating due to rising political uncertainty. President Recep Tayyip Erdogan said domestic and international investors shouldn't be concerned.

Business

Standard & Poor's strips UK of AAA credit rating

Britain's economic standing has suffered a further blow with the ratings agency Standard & Poor's stripping the UK of its last remaining AAA credit rating.

Britain's economic standing has suffered a further blow with the ratings agency Standard & Poor's stripping the UK of its last remaining AAA credit rating.

Business

Japan: credit rating downgraded

Fitch Ratings have downgraded Japan’s credit rating by one notch to A, which is five notches below the top AAA rating. The move comes after the

Fitch Ratings have downgraded Japan’s credit rating by one notch to A, which is five notches below the top AAA rating. The move comes after the

Business

Standard and Poor's downgrade Andorra

Andorra has had its credit rating cut from BBB plus to BBB by Standard and Poor’s, two notches above so-called junk status. The move comes four

Andorra has had its credit rating cut from BBB plus to BBB by Standard and Poor’s, two notches above so-called junk status. The move comes four

News

Fitch Ratings downgrades France's credit ratings to 'AA'

France’s credit ratings were cut from AA+ to AA on Friday. Fitch Ratings took the step despite recent budget-saving measures by the French

France’s credit ratings were cut from AA+ to AA on Friday. Fitch Ratings took the step despite recent budget-saving measures by the French

Business

Fitch warns France over credit rating in face of deficit dilemma

Another blow for the French government as the ratings agency Fitch warned it may cut France’s credit rating. The double A plus rating on French

Another blow for the French government as the ratings agency Fitch warned it may cut France’s credit rating. The double A plus rating on French

Business

Espirito Santo downgraded by rating agencies

For the second time in a week, credit rating agencies have downgraded Portugal’s largest lender Banco Espirito Santo (BES) and other parts of the

For the second time in a week, credit rating agencies have downgraded Portugal’s largest lender Banco Espirito Santo (BES) and other parts of the

News

Greece's credit rating upgraded for first time since bailout

Greece’s credit rating was upgraded on Friday for the first time since its multi-billion euro bailout. Global rating agency Fitch said Greece was

Greece’s credit rating was upgraded on Friday for the first time since its multi-billion euro bailout. Global rating agency Fitch said Greece was

Business

Fitch raises Italy's rating outlook to stable

Good news for Italy from the rating agency Fitch. It has confirmed Rome’s sovereign debt rating at BBB+ but raised its outlook to stable from

Good news for Italy from the rating agency Fitch. It has confirmed Rome’s sovereign debt rating at BBB+ but raised its outlook to stable from