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Standard & Poor's

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

Standard and Poor's interest rate warning

Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.

Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.

News

S&P lowers rating on Greece to CCC from CCC+

Standard and Poor’s lowered its long-term sovereign credit rating on Greece to “CCC” from “CCC positive”, saying the government would likely default

Standard and Poor’s lowered its long-term sovereign credit rating on Greece to “CCC” from “CCC positive”, saying the government would likely default

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

S&P cuts Russia credit rating to 'junk status'

Ratings agency Stand and Poor’s has downgraded the outlook for Russia’s sovereign credit rating to junk status. For the first time in a decade that’s

Ratings agency Stand and Poor’s has downgraded the outlook for Russia’s sovereign credit rating to junk status. For the first time in a decade that’s

Business

S&P strips the Netherlands of AAA credit rating

The Netherlands has lost its AAA credit rating from Standard & Poor’s (S&P). The Dutch economy, which is the eurozone’s fifth largest, recently

The Netherlands has lost its AAA credit rating from Standard & Poor’s (S&P). The Dutch economy, which is the eurozone’s fifth largest, recently

Business

France's credit rating downgraded by S&P over slow reforms

Another setback for the French government as the rating agency Standard & Poor’s cut its appraisal of the country’s credit worthiness. It reduced

Another setback for the French government as the rating agency Standard & Poor’s cut its appraisal of the country’s credit worthiness. It reduced

Business

Ukraine debt worries bring another downgrade

Standard & Poor’s has cut its assessment of Ukraine’s creditworthiness with a downgrade to B minus. S&P is concerned about Ukraine’s falling

Standard & Poor’s has cut its assessment of Ukraine’s creditworthiness with a downgrade to B minus. S&P is concerned about Ukraine’s falling

Business

S&P upgrades Ireland outlook on debt reduction hopes

Standard & Poor’s has upgraded its outlook on Ireland’s credit rating. Based on the opinion that Dublin’s debt may fall faster than expected, its

Standard & Poor’s has upgraded its outlook on Ireland’s credit rating. Based on the opinion that Dublin’s debt may fall faster than expected, its

News

Standard and Poor's downgrades shaky Italy

Ratings agency Standard and Poor’s has cut Italy’s sovereign credit rating to BBB from BBB+ based on the country’s crumbling economy. Prime Minister

Ratings agency Standard and Poor’s has cut Italy’s sovereign credit rating to BBB from BBB+ based on the country’s crumbling economy. Prime Minister

Business

Another negative for Portugal

More bad news for Portugal, as the ratings agency Standard & Poor’s revised its sovereign credit outlook downward to negative from stable. It said

More bad news for Portugal, as the ratings agency Standard & Poor’s revised its sovereign credit outlook downward to negative from stable. It said

News

Standard & Poor's upgrades Turkey

Standard & Poor’s has raised Turkey’s sovereign debt rating by one notch to “BB+”. It puts the country on a rating just one step below investment

Standard & Poor’s has raised Turkey’s sovereign debt rating by one notch to “BB+”. It puts the country on a rating just one step below investment

Business

Crisis lessons learned by governments

The US government is suing Standard & Poor’s accusing the agency of knowingly inflating its ratings of risky mortgage-related investments, of the

The US government is suing Standard & Poor’s accusing the agency of knowingly inflating its ratings of risky mortgage-related investments, of the

Business

US government goes after S&P over subprimes

The US government says it wants five billion dollars from Standard & Poor’s.   In a law suit the Department of Justice is taking the agency to court

The US government says it wants five billion dollars from Standard & Poor’s.   In a law suit the Department of Justice is taking the agency to court

Business

Upgrade good news for Greece

Greece’s borrowing costs have fallen after Standard & Poor’s lifted its assessment of the country’s credit rating. That means the credit agency’s

Greece’s borrowing costs have fallen after Standard & Poor’s lifted its assessment of the country’s credit rating. That means the credit agency’s

News

Ratings agency hands Greece an upgrade

There is some much-needed good news for Greece. Ratings agency Standard and Poors has raised the credit rating on the country’s sovereign debt

There is some much-needed good news for Greece. Ratings agency Standard and Poors has raised the credit rating on the country’s sovereign debt

Business

S&P cuts Greece's long term debt rating

The Greek government’s latest attempt to lower the country’s massive debt burden has resulted in a downgrade from the rating agency Standard &

The Greek government’s latest attempt to lower the country’s massive debt burden has resulted in a downgrade from the rating agency Standard &

Business

S&P rapped for misleading Australian investors

An Australian court has ruled that Standard & Poor’s misled investors in the way that it rated some investments. The agency gave its highest

An Australian court has ruled that Standard & Poor’s misled investors in the way that it rated some investments. The agency gave its highest

Business

Credit cut raises pressure on Spain to ask for aid

Spain came under renewed pressure to formally ask for a financial bailout after a ratings agency cut the country’s credit worthiness to one point

Spain came under renewed pressure to formally ask for a financial bailout after a ratings agency cut the country’s credit worthiness to one point

News

Italy: S&P downgrades 15 banks and warns over recession

Standard & Poor’s has downgraded 15 Italian banks, saying Italy faces a potentially deeper and more prolonged recession than the ratings agency had

Standard & Poor’s has downgraded 15 Italian banks, saying Italy faces a potentially deeper and more prolonged recession than the ratings agency had

Business

The only way is up for Greek credit rating

Standard & Poor’s has raised Greece’s credit rating. It is now no longer in default territory, but remains firmly in the junk category with a

Standard & Poor’s has raised Greece’s credit rating. It is now no longer in default territory, but remains firmly in the junk category with a

News

Standard & Poor's heaps more pressure on Spain

Spain’s sovereign credit rating has been down graded by Standard & Poor’s for a second time this year. It’s been cut from an A to a triple-

Spain’s sovereign credit rating has been down graded by Standard & Poor’s for a second time this year. It’s been cut from an A to a triple-

News

S&P downgrade Greece despite German bailout approval

Standard & Poor’s has downgraded Greece’s long-term rating to “Selective Default”. The news came as a blow to Athens, which had barely had time to

Standard & Poor’s has downgraded Greece’s long-term rating to “Selective Default”. The news came as a blow to Athens, which had barely had time to

Business

Greek bond swap bring new downgrade

Greek lawmakers are pushing forward with a raft of measures demanded by eurozone states in exchange for the 130 billion euro rescue. Meanwhile

Greek lawmakers are pushing forward with a raft of measures demanded by eurozone states in exchange for the 130 billion euro rescue. Meanwhile

Business

Is investor confidence coming back?

It was a week full of interesting insights. After the downgrade of several EU countries by rating agency Standard & Poor’s, all eyes were on the

It was a week full of interesting insights. After the downgrade of several EU countries by rating agency Standard & Poor’s, all eyes were on the

Business

S&P downgrades downplayed

In the aftermath of the so-called ‘Black Friday’ mass downgrading of eurozone countries, politicians and economists were quick to play down the

In the aftermath of the so-called ‘Black Friday’ mass downgrading of eurozone countries, politicians and economists were quick to play down the

News

ECB chief slams credit rating agencies

ECB chief Mario Draghi has taken a swipe at credit rating agencies after Standard & Poor’s downgraded the eurozone’s EFSF bailout fund. The move was

ECB chief Mario Draghi has taken a swipe at credit rating agencies after Standard & Poor’s downgraded the eurozone’s EFSF bailout fund. The move was