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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

World

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

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

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