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Chinese workers assembling Bombardier Q400 planes at a plant in Shenyang, northeast China’s Liaoning province. Photograph: STR/AFP/Getty Images

Moody’s Investors Service downgraded China’s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial streng(...)

Moody’s current credit rating for Ireland is A3. According to Rabobank, the agency is likely to upgrade Ireland’s rating today. (Photograph: Scott Eells/Bloomberg)

Moody’s, a bond credit rating business, is likely to upgrade Ireland’s credit rating later today according to an analyst note from Rabobank. The not(...)

Denis O’Brien’s Digicel, which is currently seeking to raise debt to refinance borrowings that fall due in the near term, has decided to increase the amount it plans to raise by about 33 per cent to almost €1.24 billion in order to fund the early redemption of bonds that mature in 2020.

Denis O’Brien’s Digicel, which is currently seeking to raise debt to refinance borrowings that fall due in the near term, has increased the amount it (...)

Digicel founder  Denis O’Brien. Photograph: Reuters

Businessman Denis O’Brien’s mobile phone group Digicel, which recently embarked on its biggest-ever cost-cutting programme to reboot flagging earnings(...)

The prospectus for Saudi Arabia’s sukuk issuance advises investors to note the adverse effect the low oil price is having on the economy. Photograph: AFP/Getty Images

Saudi Arabia has listed the world’s largest ever sukuk issuance through two listings on the main securities market of the Irish Stock Exchange (ISE), (...)

Fitch says Ireland performs poorly when it comes to independent board directors who can challenge managers making decisions on other people’s money.  (Photograph: Bryan O’Brien / THE IRISH TIMES)

Ireland’s position as one of Europe’s top locations for investment funds is lagging way behind the US in terms of corporate governance, according to a(...)

The rand currency has fallen more than 12 per cent since March 27th

Ratings agency Fitch is likely to follow rival Standard & Poor’s and cut South Africa’s sovereign credit rating to below investment-grade, analyst(...)

South African President Jacob Zuma: facing a growing challenge from within his own party. Photograph: Phill Magakoe/Getty Images

Unprecedented opposition to South African president Jacob Zuma’s continued rule has emerged since the African National Congress leader sacked his fin(...)

Britain embarks on its Brexit jourtney

British prime minister Theresa May formally initiated the UK’s divorce from the EU with the triggering of article 50 on Wednesday, pitching both Brita(...)

Brexit is triggered. Photograph: Reuters/Yves Herman

UK prime minister Theresa May finally pulled the starting gun on Brexit talks this week. The European Council’s president, Donald Tusk, will today ci(...)

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