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Global Economic Growth Forecasts Lowered by Fitch and EBRD
Businesstelexobservadornewsmaker-md2h ago3 sources

Global Economic Growth Forecasts Lowered by Fitch and EBRD

Fitch Ratings predicts a slowdown in global economic growth due to factors including Iran, while the EBRD has lowered its growth forecast for Moldova. Despite the revised outlooks, Moldova's economic growth projection remains optimistic.

Abercrombie & Fitch, Bath & Body Works Report Strong Earnings
BusinessReuterscnbcYahoo8d ago3 sources

Abercrombie & Fitch, Bath & Body Works Report Strong Earnings

Abercrombie & Fitch and Bath & Body Works both reported stronger-than-expected quarterly earnings, with Abercrombie & Fitch posting its 14th consecutive quarter of sales growth. These results indicate that American consumers are continuing to spend, particularly on 'affordable luxury' items.

Businesskhaleej-times10d ago

Fitch Affirms UAE's 'AA-' Rating

Fitch Ratings has affirmed the UAE's 'AA-' credit rating, citing the country's strong financial buffers that effectively shield its economy.

Fitch Upgrades Argentina's Debt Rating to B-
Worldbuenos-aires-herald29d ago

Fitch Upgrades Argentina's Debt Rating to B-

Fitch Ratings has upgraded Argentina's credit score from CCC+ to B-, citing a stronger fiscal and external position. However, the agency also flagged ongoing inflation risks for the country.

BusinessReuters1mo ago

Fitch Downgrades FS KKR Capital to Junk Status

Fitch Ratings has cut the credit rating of FS KKR Capital to junk territory, citing a weakening in the company's asset quality. This downgrade reflects concerns over the firm's financial health and investment portfolio performance.

International Talks on Strait of Hormuz Security Continue Amid Diplomatic Tensions
PoliticsAPReutersBBC+51NYTFTwapoThe GuardianAl Jazeeradr-dkFox Newsyle-uutiset+43 more2mo ago54 sources

International Talks on Strait of Hormuz Security Continue Amid Diplomatic Tensions

The UK is hosting military talks with dozens of countries to secure the Strait of Hormuz, a critical shipping route, as President Trump demands greater international participation in the Iran conflict. India has joined these UK-led talks, emphasizing the importance of unimpeded transit through the strategic waterway. This comes amidst broader diplomatic discussions, including Macron's criticism of Trump regarding NATO and the Strait of Hormuz, and Italy's proposal for a humanitarian corridor.

Israel Intercepts First Missile from Yemen; US Troops Wounded in Saudi Arabia
WorldbloombergNYTwsj+58NPRCNNdr-dkcnbcberlingskeDWSCMPFrance 24+50 more2mo ago61 sources

Israel Intercepts First Missile from Yemen; US Troops Wounded in Saudi Arabia

Israel's military has intercepted a missile launched from Yemen, marking the first such interception since the war began, while at least 12 US troops were reportedly injured in an Iranian attack on the Prince Sultan Air Base in Saudi Arabia.

Morocco’s Phosphate Sector Holds Steady Despite Global Fertilizer Market Pressure
Businessmorocco-world-news2mo ago

Morocco’s Phosphate Sector Holds Steady Despite Global Fertilizer Market Pressure

Rabat – Rising geopolitical tensions in the Middle East could drive up the cost of several fertilizer inputs in the coming years, according to new projections from Fitch Ratings.  The agency warns that nitrogen-based fertilizers face the strongest pressure, while phosphate fertilizers, closely linked to Morocco’s production, may remain relatively stable. In a recent market […] The post Morocco’s Phosphate Sector Holds Steady Despite Global Fertilizer Market Pressure appeared first on Morocco ...

Fitch: Πόσο θα κρατήσει το κλείσιμο των Στενών του Ορμούζ, πού θα φτάσουν οι τιμές του πετρελαίου 
Businessnaftemporiki3mo ago

Fitch: Πόσο θα κρατήσει το κλείσιμο των Στενών του Ορμούζ, πού θα φτάσουν οι τιμές του πετρελαίου 

Μία παρατεταμένη διακοπή της ναυσιπλοΐας στα Στενά του Ορμούζ αποτελεί εφιάλτη για τις αγορές ενέργειας, με τους αναλυτές να προειδοποιούν για ενεργειακή κρίση ανάλογη με εκείνη του 2022.

Greece Awaits Credit Rating Updates from Major Agencies
Financenaftemporiki3mo ago

Greece Awaits Credit Rating Updates from Major Agencies

Greece is preparing for a series of credit rating updates from S&P, Moody’s, Fitch, DBRS, and Scope, with assessments scheduled to begin in March and conclude in May, coinciding with the release of final 2025 budget data.

Fitch Warns of Oil Shock Impact on Global Growth
Worldnaftemporiki7h ago

Fitch Warns of Oil Shock Impact on Global Growth

Fitch Ratings has outlined a new economic outlook, highlighting the significant impact of an 'oil shock' on global growth. The report suggests that a 'US war in Iran' has triggered this shock, imposing a heavy cost on the global economy, particularly Europe.

Fitch and S&P Confirm Credit Ratings for Greece, Poland, Ghana
Businessrzeczpospolitatvn24iefimerida+3naftemporikinewsbeastmyjoyonline26d ago6 sources

Fitch and S&P Confirm Credit Ratings for Greece, Poland, Ghana

Credit rating agencies Fitch and S&P confirmed the credit ratings for several nations, with Fitch maintaining Greece's rating at BBB+ with stable outlook. S&P also affirmed Poland's credit rating with a stable perspective, while Fitch upgraded Ghana's rating.

Romanian Official Warns of Economic Risks Amid Political Crisis
Financedigi2429d ago

Romanian Official Warns of Economic Risks Amid Political Crisis

Romanian official Alexandru Nazare has issued a warning about the country's economic stability during its current political crisis. He emphasized the need to avoid any budget slippage, especially after discussions with Fitch, stating that Romania cannot afford an economic interim period.

Fitch: No Immediate Downgrade for Indonesia Amid Iran War Impact
WorldReuterschannel-news-asiaJakarta Post1mo ago3 sources

Fitch: No Immediate Downgrade for Indonesia Amid Iran War Impact

Fitch Ratings stated that Indonesia would not face an immediate credit downgrade even if its deficit exceeds 3% of GDP due to the economic impact of the Iran war. The agency is monitoring the situation but sees no immediate threat to Indonesia's rating.

Hungary's Political Landscape Shifts Amid Orbán Challenges, Magyar's Rise
PoliticsAPBBCbloomberg+62NYTwsjFTle-mondeThe GuardianCNNnzzyle-uutiset+54 more1mo ago65 sources

Hungary's Political Landscape Shifts Amid Orbán Challenges, Magyar's Rise

Hungary is experiencing significant political shifts as Viktor Orbán's long-standing power faces challenges, particularly from the emerging figure of Peter Magyar. These developments are prompting European leaders to reassess expectations for Hungary's government and its relationship with the EU, including potential access to EU funds.

Fitch Affirms Croatia's 'A-' Rating with Stable Outlook
Businessindex-hr2mo ago

Fitch Affirms Croatia's 'A-' Rating with Stable Outlook

Fitch Ratings has affirmed Croatia's 'A-' credit rating with a stable outlook, citing strong economic growth and fiscal discipline, while also noting the country's small economy, vulnerability to shocks, and weaker price competitiveness.

Businessseeking-alpha9d ago

Companies Announce Upcoming Quarterly Earnings

Several companies, including HP, Capri, Abercrombie & Fitch Co., and PDD Holdings, have announced their upcoming quarterly earnings reports. Investors are anticipating their Q1 and Q2 results.

Fitch Praises Greece for Targeted Energy Cost Support
Businessiefimeridanaftemporikinewsbeast28d ago3 sources

Fitch Praises Greece for Targeted Energy Cost Support

Fitch Ratings has commended Greece for implementing targeted support measures to assist households and businesses grappling with increased energy costs. The rating agency highlighted Greece as unique among countries for these specific interventions.

European Nations See Mixed Credit Rating Updates from Agencies
Financeyle-uutisetlsm-lvirozhlas+7aktualne-czdelfi-ltaktuality-skhotnewsil-sole-24-oreiefimeridanaftemporiki1mo ago10 sources

European Nations See Mixed Credit Rating Updates from Agencies

Several European countries received updated credit ratings and outlooks from agencies like S&P, Fitch, and Scope. While Slovakia's rating was downgraded due to slow consolidation, Lithuania saw an upgrade, and Finland's outlook shifted to negative, with other nations like Greece and Italy maintaining their current ratings.

Fitch Revises Philippines' Economic Outlook to Negative
Financebloombergchannel-news-asia1mo ago2 sources

Fitch Revises Philippines' Economic Outlook to Negative

Fitch Ratings has downgraded the Philippines' economic outlook from stable to negative, citing increased risks to growth primarily due to the impact of energy shocks. The revision reflects concerns over the country's economic resilience amidst global challenges.

Fitch Affirms North Macedonia's Credit Rating at 'BB+'
Businessmkd-mk1mo ago

Fitch Affirms North Macedonia's Credit Rating at 'BB+'

Fitch Ratings has affirmed North Macedonia's credit rating at 'BB+', citing credible macroeconomic policies, a long-standing fixed exchange rate, and favorable governance indicators. This rating confirms the country's sustainable economic stability.

Financial Crisis Risks Mount as Private-Credit Loans Peak, DZ Bank Warns US
BusinessbloombergwsjFT+2le-mondeberlingske2mo ago5 sources

Financial Crisis Risks Mount as Private-Credit Loans Peak, DZ Bank Warns US

Professor Jesper Rangvid warns that rising interest rates could trigger a new financial crisis due to billions in questionable shadow loans, with non-cash-generating private-credit loans now rising to a 14-year peak, as confirmed by Fitch, and DZ Bank also warning of a 'chain reaction' risk to the US economy, with the Middle East war also seen as a potential trigger for an outbreak of the brewing private credit crisis.

Iran War's Economic Impact on Federal Reserve and Stock Market
BusinessbloombergcnbcYahoo+2qatar-tribunedoha-news2mo ago5 sources

Iran War's Economic Impact on Federal Reserve and Stock Market

The ongoing Iran war continues to pose significant risks to global oil supply and market stability, with President Trump attempting to stabilize prices. Analysts are now warning that the Trump-led Iran war could lead to a 'triple whammy' for the Federal Reserve, potentially causing the stock market to pay a heavy price.

Forbes List Reveals 21 Greek Billionaires
Businesstagesschaule-figarotvn24+7forbescyprus-maildh-les-sportsiefimeridanaftemporikinewsbeastprotothema-en2mo ago10 sources

Forbes List Reveals 21 Greek Billionaires

The latest Forbes list of the world's wealthiest individuals includes 21 to 24 Greek billionaires, with one Greek national ranking 94th globally, highlighting the significant presence of Greek shipping magnates.

Πόλεμος στο Ιράν: Το σοκ που αλλάζει τα δεδομένα για Ελλάδα και Ευρώπη – Τι λένε στη «Ν» S&P, Fitch, DBRS
Worldnaftemporiki2mo ago

Πόλεμος στο Ιράν: Το σοκ που αλλάζει τα δεδομένα για Ελλάδα και Ευρώπη – Τι λένε στη «Ν» S&P, Fitch, DBRS

Η κλιμάκωση του πολέμου στη Μέση Ανατολή απειλεί να πυροδοτήσει ένα νέο ενεργειακό σοκ με επιπτώσεις στον πληθωρισμό, την ανάπτυξη και τις επιχειρήσεις σε Ευρώπη και Ελλάδα. Πόλεμος στο Ιράν: Το σοκ…

Analyst Ratings and Price Target Changes for Various Companies
BusinessYahoo3mo ago

Analyst Ratings and Price Target Changes for Various Companies

Several financial firms have updated their ratings and price targets for various companies, including Jefferies upgrading ICON, Morgan Stanley raising RGA's target, Mizuho lowering Expedia's target, Wells Fargo lowering Universal Health Services' target, Keefe Bruyette raising Hanover Insurance's target, Morgan Stanley lowering Primerica's target, Deutsche raising Banco Bilbao Vizcaya Argentaria's target, and UBS lowering Abercrombie & Fitch's target.