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Fitch raises Egypt`s credit rating to `B`

Last Updated: Saturday, December 20, 2014, 08:53

Fitch Ratings upgraded Egypt`s credit rating one rank to "B" with a "stable" outlook Friday, saying the authorities seemed committed to major reforms.

Moody`s raises Ireland rating to investment grade

Last Updated: Saturday, January 18, 2014, 10:46

One month after Ireland reclaimed its economic independence, the ratings agency also placed the country on a positive outlook, citing the economy`s growth potential and improved debt outlook.

S&P upgrades outlook for Spain debt rating

Last Updated: Friday, November 29, 2013, 15:24

Standard & Poor`s ratings agency upgraded its outlook for Spanish debt on Friday, highlighting the prospect of an export-led recovery after a two-year recession.

S&P downgrades France credit rating to 'AA'

Last Updated: Friday, November 8, 2013, 14:24

The Standard and Poor's ratings agency on Friday downgraded France's credit rating by one notch to "AA," with outlook stable.

Banking outlook negative on higher NPAs: Moody's

Last Updated: Monday, January 21, 2013, 19:45

Global ratings agency Moody's Monday said it has a "negative" outlook on the country's banking system due to concerns over asset quality and the high interest rates.

Moody's warns to downgrade US credit rating

Last Updated: Wednesday, September 12, 2012, 09:39

Moody's ratings agency has warned that the US credit rating may be downgraded if 2012 budget negotiations do not produce debt-reducing policies.

Fitch downgrades Nokia debt rating to junk

Last Updated: Tuesday, April 24, 2012, 18:04

Fitch ratings agency on Tuesday downgraded Nokia Corp.'s debt to junk status to reflect the company's poor first-quarter earnings and its uphill struggle to remain competitive.

Moody's downgrades Nokia debt to near junk

Last Updated: Tuesday, April 17, 2012, 09:31

Moody's ratings agency downgraded Nokia's debt grade to near junk status on Monday, citing a sharp decline in first-quarter cell phone sales that led to a 35 percent fall in revenue.

NBFCs' profits to be hit marginally by new RBI norms: Crisil

Last Updated: Wednesday, August 31, 2011, 20:56

Ratings agency Crisil Wednesday said the Reserve Bank's recommendations on NBFCs will structurally strengthen the players but the increased provisioning norms may affect the profitability, as average return on assets will come down by up to 30 basis points.