Europe News
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Moody’s Investors Service cut the debt ratings of six European countries including Italy, Spain and Portugal and revised its outlook on the U.K.’s and France’s top Aaa ratings to “negative,” citing Europe’s debt crisis.
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The yen rose against all of its major peers, while the euro weakened and U.S. equity futures retreated after Moody’s Investors Service cut the debt ratings of six European countries including Italy, Spain and Portugal.
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Misys Plc, the financial-software maker merging with Swiss rival Temenos Group AG, has attracted interest from buyout firms and would consider alternatives to that deal if they’re deemed better for shareholders, two people familiar with the matter said.
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Adidas AG already dominates the global soccer market. Now the company is targeting teenage girls more influenced by music and fashion than sports.
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