Moodys.com (press release) (subscription) - May 14, 2012
Banca IMI's long- and short-term debt and deposit ratings were downgraded to A3/Prime-2, respectively, from A2/Prime-1, directly following the downgrade of the ratings of its parent Intesa Sanpaolo (Intesa).
The current dispute raging between the American-owned SG Sustainable Oils Cameroon PLC (SGSOC) and the indigenous people of Toko and Nguti, in the southwest region of Cameroon, is an extraordinary case in point.
Car dealer group Cambria Automobiles has sold a Midlands dealership which it said did not fit with its strategy. It has completed the sale of its Birmingham Triumph motorcycle outlet this week to the company behind Ducati Manchester.