SHANGHAI/BEIJING (Reuters) - Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt ...
Asian stocks moved higher on Thursday, basking in the glow of a record high for the S&P 500 even as minutes from the Federal Reserve's most recent meeting showed it would probably raise interest rates as early as next month.
A �200m settlement between Royal Bank of Scotland and thousands of aggrieved shareholders has been hit by further delays after it emerged that lawyers were having difficulty tracking down some investors to ask them to agree to the deal.
Nissan's Sunderland factory is one of the biggest carmakers in the UK. Photograph: Chris Ratcliffe/Bloomberg/Getty Images. Automotive industry.
The TUC said rising household debt reflected the squeeze on living standards. Photograph: Maxim Zmeyev/Reuters. Pay. TUC urges government to help boost pay as debt nears record levels.