Greece moved closer to investment grade late Friday after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to BB from BB- with a positive outlook. “The upgrade reflects our expectation of a rapid improvement in Greece’s economic and budgetary performance as the adverse impacts of the COVID-19 pandemic subside,” the ratings agency said. “The …
Shares of Yes Bank on Tuesday gained nearly 4% after Moody's Investors Service said it has upgraded the company's long-term foreign currency issuer rating by a notch. Moody's Investors Service on Monday said it has upgraded Yes Bank's long-term foreign currency issuer rating by a notch to 'B3' from 'Caa1' after a ₹15,000-crore capital raising. "Moody's has upgraded the bank's …
