People sit outside the Greek parliament in Athens.  Standard & Poor’s rating raised Greece’s credit rating by two notches to CCC+ after the indebted country reached a preliminary deal with its creditos for a third bailout deal. Photograph: AFP  Photo

Standard & Poor’s yesterday upgraded Greece’s sovereign credit rating by two notches and revised its outlook to stable from negative. The embattle(...)

The Safe Haven concept was born in the west London Borough of Ealing in 2005 where there was a severe shortage of housing for those with a significant need

Irish social housing provider Safe Haven has been assigned a BBB long-term issurer credit rating with a stable outlook by Standard & Poor’s. The r(...)

Permanent TSB: its rating has been raised in the wake of the bank’s securing €525 million in capital. Photograph: Alan Betson/The Irish Times

Standard & Poor’s has followed Moody’s by raising its rating on Permanent TSB in the wake of the bank’s securing €525 million in capital. The rati(...)

US authorities are stepping up their inquiry into whether Moody’s inflated ratings on mortgage derivatives

US authorities are stepping up their probe into whether Moody’s inflated ratings on mortgage derivatives to win business in the lead-up to the financi(...)

Minister for Finance Michael Noonan said: “Ireland is now rated at A grade by two of the three main rating agencies, our international reputation continues to improve and the NTMA continues to do an excellent job in securing stable and low cost funding for the State.”

Ratings agency Fitch has upgraded its view on Irish sovereign debt to A-, citing improved trends in the economy and reduced “vulnerabilities” in the (...)

Europe’s markets watchdog has censured credit ratings agency Standard & Poor’s on Tuesday for incorrectly announcing a cut in France’s debt.

Europe’s markets watchdog censured credit ratings agency Standard & Poor’s on Tuesday for incorrectly announcing a cut in France’s debt, which co(...)

Lufthansa believes its cost-cutting programme, dubbed Score, will contribute €2.1 billion to its earnings between this year and next. Photographer: Krisztian Bocsi/Bloomberg

You could be forgiven for thinking Ryanair has started a trend. Barely two weeks after the Irish airline earned its second credit rating – from Fitch (...)

Ian Curley, group chief financial officer with Smurfit Kappa, said that the upgrade has been made possible by the “strong free cash flow generated through a robust operational performance, decisive capital allocation and successful refinancing activities”.

Smurfit Kappa, the integrated manufacturer of paper-based packaging products, has welcomed Standard & Poor’s upgrading of its credit rating(...)

Children hoist the Spanish flag with Spanish legionnaires during a  ceremony on the eve of the Spain’s National Day in  Ronda, near Malaga. Spain is on a path of slow but stable economic recovery. Photograph: Jon Nazca / Reuters

Ratings agency Standard & Poor’s agency cut the Netherlands’ credit rating on yesterday, reducing the euro zone club of full triple-A nations to j(...)

Standard & Poor’s lowered its long-term foreign and local currency sovereign credit ratings on the Republic of France today by one notch to AA fr(...)