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Former Sri Lankan prime minister Mahinda Rajapaksa, surrounded by party parliamentarians, participates in religious observances after signing his letter of resignation from the post at his official residence in Colombo, Sri Lanka. File photograph: M.A. Pushpa Kumara/EPA

Sri Lanka’s embattled prime minister Mahinda Rajapaksa resigned on Saturday, only a month and a half after taking office and giving the country’s pres(...)

The pace of rating upgrades in the euro zone will be slower in future as fiscal progress remains sluggish, Fitch’s global head of sovereign ratings Ja(...)