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SPAIN DOWNGRADE
Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.- Goldman Sachs predicts Spain as favourites to win the World CupGoldman Sachs economists predict Spain will win the 2026 FIFA World Cup, citing historical trends and a statistical model. Their analysis, ...
- Estee Lauder in talks to acquire Puig to create beauty giantEstee Lauder is reportedly in talks to acquire Spanish beauty and fashion house Puig Brands, a move that could create a cosmetics powerhous...
- Government must deliver on reform promises to avert a ratings downgradeInvestors have bought finance minister P Chidambaram and his colleagues' promise that they are serious about putting the fiscal house in or...
- Fitch downgraded 60% of banks in developed markets in April-June quarterFitch today said as much as 60 per cent of the banks in developed markets were downgraded during the April-June quarter.
- Fitch cuts 18 Spanish banks, warns of more across EuropeFitch Ratings, citing the potential of loans at some lenders to deteriorate, cut its credit ratings on 18 Spanish banks.
- More downgrades on cards for EU, predicts Moody'sEurope's monetary union and Spain's need for financial support to capitalise its banks may trigger additional credit-rating downgrades.
- Moody's warns of cutting AAA-rating for UK, FranceMoody’s move was less aggressive than rival agency S&P’s, but its action puts London’s prized top credit rating in jeopardy for the first t...
- India will clock a 7% GDP growth in 2011-2012: Jim WalkerWe can expect over the next year a well deserved downgrade for India by ratings agencies given the laxity of the govt, says Jim Walker, Asi...
- Spain says banks need $21 billion in new capitalThe Bank of Spain said a total 12 banks need to raise capital to comply with Feb's decree which was approved Thursday in Parliament.
- Dollar trading choppy at start of holiday weekThe dollar was mixed in choppy trading at the start of a holiday week, while the euro declined after Moody's downgraded the debt of Irish b...
- Spanish economy stutters ahead in April: Central bankThe Spanish economy, which edged out of recession in the first quarter, showed some signs of recovering further in April, the Bank of Spain...
- Greece debt crisis may impact European banks: Moody'sGlobal ratings agency Moody's today warned that potential contagion of the worsening Greek debt crisis could hit the banking systems in som...
- Europe faces debt contagion fearThe euro slid further amid fears that Greece's debt crisis would spread across the continent, after a ratings agency warned that contagion ...
- Greece bailout will help Spain: GovernmentThe EU and IMF bailout for debt-ridden Greece will have a positive effect on Spain as it will lower the cost of its debt and calm the marke...
- Greek crisis minimal on Asia: Takashira OgawaTakahira Ogawa, Director, Sovereign & International Public Finance Ratings, Standard & Poors (Greece Debt), talks to ET Now on Greece Debt ...
- S&P downgrades debt rating of SpainStandard and Poor's said it has lowered the debt rating of Spain, citing a possible further deterioration of its budgetary position.
- S&P downgrades Spain, adds to fears that crisis will spreadGerman Chancellor Angela Merkel and IMF pledged to step up efforts to overcome the Greek fiscal crisis as Standard & Poor’s downgraded Spai...
- PIGS don't fly!Why rating downgrades will not have a long-lasting effect on global economy.
- Top economies to keep best ratings: Moody'sInternational ratings agency Moody's on Wednesday said it was now unlikely to downgrade the world's leading economies in the near future as...
Load More- Government must deliver on reform promises to avert a ratings downgrade
