China’s credit rating has been downgraded by Standard & Poor’s amid fears rising debts are adding to economic and financial risks.
Britain is in store for a hard Brexit that will hit the UK economy and lay bare the deep divisions in British society, a leading ratings agency has warned.
The European Union has suffered a downgrade of its long-term credit rating following the UK’s Brexit vote last week.
Credit ratings agency Standard & Poor's is formally acknowledging what Warren Buffett watchers have known for years: Berkshire Hathaway has transformed itself from an insurance holding company to a full-fledged corporate conglomerate.
Standard & Poor's Tuesday cut its unsolicited rating outlook on Yahoo! to negative from stable, citing prospects for poor revenue growth and higher costs for acquiring traffic.
U.S. ratings agency Standard & Poor's downgraded Wednesday its credit rating for Japan from AA- to A+, but has revised its outlook for the world's third-largest economy from negative to stable.
Standard & Poor's downgraded Greece's credit rating one notch and warned of a narrowing window for the government to agree on a new financing program.
Deutsche Bank may have its credit rating cut by Standard & Poor’s after the lender reduced its reported profit for 2012 amid rising legal costs.
Analysts at Standard & Poor’s, the ratings firm accused by the U.S. of misleading investors about the risks of mortgage bonds that helped ignite the financial crisis, were arguing the merits of their views on debt opinions, not committing fraud, President Doug Peterson said.