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Tag Results for "World Financial News"

Mexico Gets Credit Upgrade by Fitch

May 10, 2013 | by HS News Staff | Latino Daily News

This week the credit rating firm, Fitch upgraded Mexico’s credit rating from BBB to BBB+. The one notch increase in the country’s sovereign credit rating was given in great part for Mexico’s new President Enrqiue Peña Nieto’s bank reform efforts. continue reading »

European Union Fines Portugal’s Telecom and Spain’s Telefonica

January 23, 2013 | by HS News Staff | Latino Daily News

The European Commission imposed a 79-million-euro ($104.96-million) fine Wednesday on Spain's Telefonica and Portugal Telecom for agreeing not to compete against each other in the Iberian market. continue reading »