MUMBAI (Reuters) - The economic support for India's sovereign ratings has weakened "somewhat" given the sluggish growth in Asia's third largest economy, Kim Eng Tan, senior director of Asia-Pacific Sovereign Ratings at Standard &a... [Full Article]
NEW YORK (Reuters) - Rating agency Standard & Poor's on Wednesday affirmed South Africa's sovereign credit rating at BBB with a negative outlook, citing policy continuity and gradual fiscal consolidation. "The ratings are constrain... [Full Article]
(Reuters) - Standard & Poor's has revised its outlook on Portugal's BB/B sovereign ratings to stable from negative, citing fresh evidence that European institutions will continue to support the country's efforts to get its fiscal h... [Full Article]
(Reuters) - Standard & Poor's on Wednesday began trying to move lawsuits by 15 states and Washington, D.C. over its credit ratings to federal court from state court, hoping to limit its liability in one of the biggest fraud cases tied to the... [Full Article]
LONDON/NEW YORK (Reuters) - Britain suffered its first ever sovereign ratings downgrade from a major agency on Friday when Moody's stripped the country of its coveted top-notch triple-A rating, dealing a major blow to Chancellor George Osborne. ... [Full Article]
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. The outloo... [Full Article]
(Reuters) - Insurer American International Group Inc reported fourth-quarter results that beat Wall Street expectations, although Chief Executive Robert Benmosche said some employee bonuses will be smaller this year because the company did not meet a... [Full Article]
SAN FRANCISCO (Reuters) - Twitter Inc said on Wednesday it is opening up its platform to third-party advertising management software, taking another step to establish its ad-based business model ahead of an initial public offering. The ads applicatio... [Full Article]
NEW YORK (Reuters) - David Einhorn, hedge fund manager and chairman of reinsurer Greenlight Capital Re Ltd, said Wednesday that the U.S. government's lawsuit against Standard & Poor's has made rating agencies vulnerable. Einhorn, who al... [Full Article]
WASHINGTON (AP) - Standard & Poor's is prepared to spend years beating back a federal lawsuit that accuses the company of giving falsely high ratings to mortgage investments that helped trigger the financial crisis, executives said Tuesday. ... [Full Article]