DBRS initiates Greece rating with CCC

Credit rating agency DBRS started covering Greece with an initial rating of CCC (high) and negative outlook, it said on Friday. DBRS has an important role in the euro zone, where the

FTSE drops 0.6%, driven by healthcare stocks

Britain's benchmark equity index fell on Thursday, weighed down by falls in heavyweight healthcare stocks, while strong UK retail sales data reignited the prospect of an earlier-than-expected interest rate rise. The blue-chip