Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....
Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....
Fitch Ratings has upgraded Bank of Cyprus` outstanding €650 million conditional pass-through (CPT) covered bonds to `BBB` from `BBB-` with a stable outlook, the international credit rating agency has said in a press release....