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| | | ... of downgrades to European banks and fears that France may soon follow sent offshore bourses tumbling overnight. Ratings agency Fitch has downgraded major banks Credit Agricole and Rabobank on the back of escalating problems in Europe. Others, including ... |
| | | | ... leaders would be able to hammer out a debt deal at this week's summit on the debt crisis. The comments came after ratings agency Standard & Poor's spooked the market for the second time this week, warning that it may cut the European Union's credit rating ... |
| | | | ... Standard & Poor's expanded its downgrade threat against Europe to include the region's bailout fund. The credit rating agency warned on Monday that it might downgrade 15 countries that use the euro, even Germany, which has a perfect AAA rating and Europe's ... |
| | | | ... to the region's deepening debt crisis. The local market extended its opening losses amid light volumes after the ratings agency warned Germany, France and 13 other eurozone nations they risk losing their triple A ratings. The pullback came despite gains ... |
| | | | ... Companies Fund and Australian Microcap Fund, which have both since been placed on hold by Standard & Poor's. The ratings agency also put the large-cap Macquarie High Conviction Fund on hold, "given the significance of all three team members to the broader ... |
| | | | ... debt crisis. Stocks markets rose on the proposal, but Wall Street pulled back on reports later in the day that ratings agency Standard & Poor's has warned Germany, France and four other eurozone nations they risk losing their triple A ratings. At 0821 ... |
| | | | Australia's big four banks have been downgraded by ratings agency Standard & Poor's. The decision to lower Westpac, Commonwealth, ANZ and NAB issuer credit ratings from AA to AA- is part of the agency's recent shakeup of ratings criteria, which was ... |
| | | | ... including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest banks under new criteria announced earlier this month. S&P ... |
| | | | ... YORK - US online sales rose 33 per cent on the Monday after the Thanksgiving holiday weekend, a report by a sales tracking agency says. DALLAS - American Airlines' parent company AMR has filed for Chapter 11 bankruptcy protection, as the troubled firm ... |
| | | | ... from 6.345 per cent at the close on Friday. Mr Ive said sentiment was further dented in Europe overnight after ratings agency Moody's warned France's credit rating could be affected by its rising government borrowing costs. No major Australian economic ... |
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