Ratings agency Standard & Poor's affirmed India's sovereign rating at "BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chance of a ratings downgrade over the next 12 months, a statement said on Friday. Full Article
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Hollande to discuss steel plant options with Mittal
PARIS (Reuters) - French President Francois Hollande said before meeting the chief executive of steelmaker ArcelorMittal on Tuesday that their discussion would touch on the possibility of nationalising a steelmaking site temporarily to save jobs.
Asked during a news conference if the options to keep two threatened blast furnaces operational included a temporary nationalisation, Hollande replied: "That is among the subjects we are discussing."
(Reporting By Nicholas Vinocur; Editing by Mark Heinrich)
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