Pigeons overlook Kiev during a wet autumn day in the Ukrainian capital. Standard and Poor's has said it is raising its assessment of Ukraine's sovereign debt after the IMF agreed a 15 billion dollar package to help its economy emerge from the economic crisis.(AFP/File/Sergei Supinsky)AFP - Standard and Poor's on Friday said it was raising its assessment of Ukraine's sovereign debt after the IMF agreed a 15 billion dollar package to help its economy emerge from the economic crisis.


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AP - McClatchy Co.'s second-quarter earnings plunged as the newspaper publisher shouldered higher costs on its debt to buy more time to recover from a bedeviling ad slump.
NEW YORK (Reuters) - Moody's Corp reported better-than-expected second-quarter profit as a pickup in debt issuance drove an increase in demand for its ratings, but it was cautious on its outlook for this business.


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Reuters - Moody's Corp reported a higher second-quarter profit as a pickup in debt issuance drove an increase in demand for it ratings.
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PARIS (Reuters) - A string of Europe's largest firms issued surprisingly upbeat profit reports on Thursday, bolstering an abrupt renewal of investor confidence in the region after months of debt turmoil and fears for the euro.


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Reuters - A string of Europe's largest firms issued surprisingly upbeat profit reports on Thursday, bolstering an abrupt renewal of investor confidence in the region after months of debt turmoil and fears for the euro.
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Reuters - Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain.
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AP - International Coal Group says second-quarter net income fell nearly 57 percent due to the cost of ending a supply contract early and refinancing debt.
NEW YORK (Reuters) - A New York judge put two shareholder lawsuits against executives and directors of Goldman Sachs Group Inc on hold until progress is made on 16 other lawsuits related to a controversial debt transaction involving the Wall Street bank.


Traders work on the floor of the New York Stock Exchange near the Goldman Sachs stall July 16, 2010. REUTERS/Brendan McDermidReuters - A New York judge put two shareholder lawsuits against executives and directors of Goldman Sachs Group Inc on hold until progress is made on 16 other lawsuits related to a controversial debt transaction involving the Wall Street bank.