HotmailS&P cuts Egypt's credit ratings
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. Full story
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. Full story
(Reuters) - A federal judge handed a legal defeat to Standard & Poor's, ruling that a lawsuit in which Connecticut accused it of fraudulently inflating credit ratings to win business should be moved back to the state court where it began. Full story
Findings from Moody's Analytics shows that small-business credit quality dropped in the fourth quarter of 2012, but predicts a better outlook for 2014. Full story
NEW YORK (Reuters) - Moody's Investors Service on Friday cut the United Kingdom's credit rating to Aa1 from Aaa, citing weakness in the nation's medium-term growth outlook that it now expects to extend for a number of years. Full story
Moody's has downgraded the U.K. credit rating to AA1 from AAA with a stable outlook, reports CNBC's Josh Lipton.
NEW YORK (Reuters) - Moody's Investors Service on Thursday said that any future changes to the U.S. sovereign credit rating will turn on the expected debt trajectory, with more budget measures needed to shrink key debt ratios. Full story
CNBC's Ross Westgate reports on all the market moving events from Europe, including whether Moody's will downgrade the country's credit rating to junk status.
