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S&P Global Ratings on Wednesday revised its outlook for Brazil to "positive" from "stable," delivering a timely boost to leftist President Luiz Inacio Lula da Silva as he seeks to boost growth and dispel fears of economic mismanagement. ....
Ratings agency Moody's on Thursday reaffirmed its BAA2 rating for Colombia and held its outlook as stable, citing the country's institutional framework and its ability to support prudent economic policy. ....
Credit ratings agency Moody's said on Wednesday it had affirmed Italian bank Monte dei Paschi di Siena's (MPS) Ba2 deposit and B1 senior unsecured debt ratings and changed the outlook to positive from stable amid a restructuring. ....
Troubled Swedish real estate group SBB said late on Thursday it had sold most of its shares in construction company JM for 2.8 billion Swedish crowns ($275.8 million). ....