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Nigeria's Credit Rating Rises After Fiscal, FX Reforms
Financepunch-ngvanguard-ng24d ago2 sources

Nigeria's Credit Rating Rises After Fiscal, FX Reforms

Nigeria's credit rating has been upgraded by S&P Global, a move attributed to the country's recent fiscal and foreign exchange reforms. These reforms by the Central Bank of Nigeria are seen as improving the nation's economic outlook.

S&P Global Ratings Updates Italy's Credit Rating
Financeil-sole-24-ore29d ago

S&P Global Ratings Updates Italy's Credit Rating

S&P Global Ratings is expected to confirm Italy's BBB+ rating with a stable outlook, following its last review on January 30, 2026, which maintained the previous assessments from October and April 2025.

S&P Global Reports Strong Q1 2026 Earnings Beat
FinanceYahoo1mo ago

S&P Global Reports Strong Q1 2026 Earnings Beat

S&P Global announced better-than-expected earnings for the first quarter of 2026, surpassing analyst estimates. The positive financial results were primarily attributed to robust growth in its ratings and indices segments.

Companies Release Q1 2026 Earnings Reports and Previews
FinanceYahooseeking-alpha1mo ago2 sources

Companies Release Q1 2026 Earnings Reports and Previews

Multiple companies, including Verizon, Domino's, and Spotify, have released or are preparing to release their Q1 2026 earnings reports and financial outlooks. These updates provide insights into their recent performance and future projections.

US Inflation Reaches Worst Level in Nearly Four Years
Financemarketwatch1mo ago

US Inflation Reaches Worst Level in Nearly Four Years

S&P Global surveys indicate that the U.S. inflation situation is the worst it has been in almost four years, with companies increasingly willing to pay more for scarce supplies, echoing trends seen during the pandemic.

Eurozone private sector growth weakens sharply as Middle East war hits
Financerzeczpospolitacyprus-mail2mo ago2 sources

Eurozone private sector growth weakens sharply as Middle East war hits

The eurozone’s private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand – ​a key gauge for economic health – falling for the first time in ‌eight months, a survey showed on Tuesday. The S&P Global eurozone Composite Purchasing Managers’ Index fell […]

Analyst Report: S&P Global Inc
BusinessYahoo2mo ago

Analyst Report: S&P Global Inc

A new analyst report provides an in-depth review and analysis of S&P Global Inc, a leading financial information and analytics company.

S&P Upgrades Iceland’s Economic Outlook to Positive
Businessiceland-review3mo ago

S&P Upgrades Iceland’s Economic Outlook to Positive

The credit rating agency S&P Global Ratings has revised its outlook on Iceland to positive from stable, while reaffirming the country’s long- and short-term sovereign credit ratings at A+/A-1. As reported by Stjórnarráðs Íslands, the update was announced on 6 March and reflects expectations that Iceland’s public finances could strengthen over the coming years. What’s… The post S&P Upgrades Iceland’s Economic Outlook to Positive appeared first on Iceland Review.

S&P Improves Portugal's Credit Rating Outlook
Financepublicoobservador3mo ago2 sources

S&P Improves Portugal's Credit Rating Outlook

S&P Global Ratings has decided to improve the outlook for Portugal's credit rating, signaling a potential upgrade in the near future, following two previous improvements in 2025.

Blue Owl shopped debt for a CoreWeave data center. Lenders weren't sold.
BusinessBusiness Insider3mo ago

Blue Owl shopped debt for a CoreWeave data center. Lenders weren't sold.

Bloomberg/Getty Images Blue Owl Capital failed to secure financing for a $4 billion data center project in Pennsylvania. One lender said the lack of interest was due to CoreWeave's creditworthiness. AI data center investments face financing challenges due to concerns about credit risk. Blue Owl Capital, a leading investor in the data center boom, was unable to arrange financing for a $4 billion data center it is co-developing in Pennsylvania after pitching lenders to help bankroll the project in recent months. The facility, 80 miles west of Philadelphia in the city of Lancaster, will be occupied by CoreWeave, a provider of artificial intelligence cloud computing services that has become a closely watched name in the AI race for its rapid expansion — and the billions of dollars of high-interest-rate debt it has taken on to fuel that growth. An executive who arranges debt for major data center deals told Business Insider that the lack of interest in the Lancaster project was due to growing caution among lenders and investors about taking on sizable exposures to AI players with less-than-sterling credit. CoreWeave has a below-investment-grade rating of B+, according to S&P Global Ratings. "We saw it. We passed," a senior executive at a large specialty lender told Business Insider. The financing executive and the lender did not want to be identified because they were speaking about an industry name they may seek to do business with. A spokesman for Blue Owl said that the company had "considered" third-party financing for the Lancaster project "as we would with any transaction as we explore alternatives before choosing the most attractive path forward." The spokesman added that the project, which he said is already under construction, "is fully funded, on time, and on budget." It is unclear whether Blue Owl has been funding construction entirely from its own capital. If Blue Owl is unable to raise debt for the Lancaster development, it could be on the hook for a potentially huge outlay of cash to pay for the data center's construction. The situation shows the complications and risks involved in financing the massive buildout of infrastructure for AI computing. Brennan Hawken, an equity analyst at BMO Capital Markets who covers Blue Owl, said that difficulties to raise debt for the Lancaster project would raise concern. "I'm not familiar with this deal, but if there is a struggle to find the debt financing, that's a bit of a red flag that I would want to drill into," Hawken said. Business Insider previously reported that major banks had recent difficulty selling off pieces of $38 billion of debt to finance the construction of two data center campuses that will be anchored by Oracle. Banks often sell pieces of such large commitments to other lenders to spread risk and also reap a quick profit. The slowdown in interest in participating in that financing was due to worries about Oracle's enormous AI spending and whether the tech company's credit rating could be impacted by those outlays. Oracle has since sought to calm the lending market, announcing that it would raise up to $50 billion of cash from stock and bond offerings in order to "maintain a solid investment-grade balance sheet." One of the boom's most creative financiers Last summer, CoreWeave announced it would lease 100 megawatts of initial capacity at the Lancaster data center and potentially expand its commitment to 300 megawatts. The company said it would pour up to $6 billion into the project to equip it with chips and other cloud infrastructure. A month later, in August, Chirisa Technology Parks announced it would partner with Blue Owl and Machine Investment Group to develop the project. The partnership said it would provide $4 billion of funding, an amount separate from CoreWeave's investment, to support the construction of the project's data center facilities. In the fall, Blue Owl began shopping the development to potential lenders, a person familiar with that effort said. Blue Owl has been one of the most creative financial architects of the data center building boom. Last year, it structured a deal to partner with Meta in the ownership of a large data center campus that Meta will build and operate in Louisiana. Blue Owl utilized Meta's strong credit to raise $27.3 billion of investment-grade corporate bonds against its share of the project's equity, proceeds that will be used to help pay for construction, according to S&P. Blue Owl could arrange a similar type of vehicle that could attempt to tap the credit of an investment-grade customer of CoreWeave's who might use the Lancaster facility or Nvidia, the chipmaker that has purchased large stakes in CoreWeave. It could also potentially raise cash for construction debt by tapping large institutional investor clients to pool together a loan, Hawken said. Much of the development of hyperscale data center campuses has sought to utilize the strong credit ratings and deep pockets of big-tech partners. Fluidstack, a peer of CoreWeave's, announced a deal last year to lease a 168-megawatt data center in Colorado City, Texas, which will be built by the crypto mining firm Cipher. Google, Fluidstack's tenant for the project, said it would guarantee about half of the $3 billion due under the 10-year lease. Fluidstack signed another similar-sized lease in December with the data center builder TeraWulf that will also provide "investment-grade credit support." Read the original article on Business Insider

SpaceX IPO Pitched to Investors, Blocked from Early S&P 500 Entry
BusinessbloombergNYTThe Guardian+19nzzcnbcmarketwatchBusiness Insiderdennik-nhvgYahoocapital-bg+11 more8d ago22 sources

SpaceX IPO Pitched to Investors, Blocked from Early S&P 500 Entry

JPMorgan's Jamie Dimon and other Wall Street giants are pitching SpaceX's upcoming IPO to ultra-rich clients, with Elon Musk speaking at pre-IPO investor events. However, SpaceX has been blocked from early entry into the S&P 500 index, as S&P Global reaffirmed its existing rules.

Businessseeking-alpha12d ago

Manufacturing PMIs Decline in Spain and Japan for May

Manufacturing Purchasing Managers' Index (PMI) figures for May showed a slight decrease in both Spain and Japan. Spain's PMI edged down to 51.20 from 51.70 in April, while Japan's was confirmed at 54.5, also a decline from the previous month.

Businessseeking-alpha25d ago

US REITs report guidance increases in Q1

According to S&P Global Market Intelligence, 44 out of 79 analyzed US Real Estate Investment Trusts (REITs) announced increases in their guidance during the first quarter.

Nigeria's Credit Rating Upgraded by S&P, Government Welcomes Move
BusinessPremium Times28d ago

Nigeria's Credit Rating Upgraded by S&P, Government Welcomes Move

S&P Global Ratings upgraded Nigeria's credit rating to 'B', citing improving macroeconomic conditions and ongoing economic reforms, marking the first upgrade in 14 years. The Nigerian government has welcomed this upgrade, stating it reflects growing confidence in the nation's economic reforms.

Trump Informs Congress Iran Hostilities Ended, Considers Options
WorldAPReutersBBC+81bloombergNYTwsjThe GuardianAl JazeeraCNNFox Newsnzz+73 more1mo ago84 sources

Trump Informs Congress Iran Hostilities Ended, Considers Options

President Trump notified the U.S. Congress that military hostilities with Iran had ceased, asserting that no further approval was required regarding the conflict. He also mentioned having options against Iran and expressed dissatisfaction with a new Iranian proposal.

S&P Global's Valuation and Growth Prospects Analyzed
BusinessYahoo1mo ago

S&P Global's Valuation and Growth Prospects Analyzed

The articles present an analysis of S&P Global's valuation, highlighting its strong growth prospects and defensive stability. This financial assessment aims to provide insights into the company's market position and future potential.

Lithuanian Energy Minister to Attend CERAWeek in US
Politicsdelfi-lt2mo ago

Lithuanian Energy Minister to Attend CERAWeek in US

Lithuanian Energy Minister Žygimantas Vaičiūnas is scheduled to visit the United States this week to participate in "CERAWeek by S&P Global," a major global energy sector event, where he will engage in discussions on energy and geopolitics.

UK Business Growth Hits Two-Year High, But Service Sector Jobs Cut
Businesscyprus-mail3mo ago

UK Business Growth Hits Two-Year High, But Service Sector Jobs Cut

British businesses experienced a second consecutive month of rebound in early 2026, reaching a two-year high in growth. However, jobs in the services sector are being sharply cut, partly attributed to higher taxes imposed by the Labour government, according to an S&P Global UK survey.

S&P Global Ratings Upgrades OTE's Credit Rating to 'A-'
Businessiefimeridanaftemporiki9d ago2 sources

S&P Global Ratings Upgrades OTE's Credit Rating to 'A-'

S&P Global Ratings has upgraded OTE's credit rating to 'A-' from 'BBB+', making it the only Greek company with an 'A' scale rating. This upgrade reflects a positive assessment of the company's financial health and outlook.

S&P Global Stock Leads Market Gains
BusinessYahoo25d ago

S&P Global Stock Leads Market Gains

S&P Global's stock outperformed the market today, with the article exploring the reasons behind its strong performance. Factors such as company news, market trends, or analyst upgrades may have contributed to its rise.

S&P Upgrades Nigeria's Credit Rating to 'B'
BusinessReutersbloombergcapital-bg+4il-sole-24-orePremium Timespunch-ngvanguard-ng28d ago7 sources

S&P Upgrades Nigeria's Credit Rating to 'B'

S&P Global Ratings has upgraded Nigeria's long-term foreign and local currency sovereign credit ratings to 'B' from 'B-', citing improving macroeconomic conditions and the government's recent economic reforms. This marks the first upgrade for Nigeria in 14 years, with the presidency attributing the positive outlook to President Tinubu's policies.

S&P, EC Assess Romania's Fiscal Consolidation
Politicsromania-insider1mo ago

S&P, EC Assess Romania's Fiscal Consolidation

S&P Global Ratings has indicated that political instability could complicate Romania's fiscal consolidation efforts beyond 2026. Concurrently, the European Commission has encouraged Romania to continue its fiscal consolidation and implement reforms under the Recovery and Resilience Facility.

LG Electronics Receives Top ESG Ratings
BusinessKorea Herald1mo ago

LG Electronics Receives Top ESG Ratings

LG Electronics has been named among the top 1 percent of companies worldwide in S&P Global’s Corporate Sustainability Assessment for the third consecutive year, highlighting its progress in environmental, social, and governance efforts.

Coca-Cola Exceeds Q1 Earnings Estimates
BusinesscnbcYahooseeking-alpha1mo ago3 sources

Coca-Cola Exceeds Q1 Earnings Estimates

Coca-Cola reported its first-quarter earnings, surpassing analyst expectations, though PepsiCo maintained its top position in the sector. Analysts are now evaluating the company's performance and future outlook.

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.

International Efforts to Secure Strait of Hormuz Amid Iran Tensions
HealthAPReutersBBC+63bloombergNYTwsjFTwapoThe GuardianNPRCNN+55 more1mo ago66 sources

International Efforts to Secure Strait of Hormuz Amid Iran Tensions

Amid escalating tensions with Iran, European nations and the UK are discussing plans to secure the Strait of Hormuz. The US has increased its naval presence in the region and issued warnings to Iran, with reports of a US naval blockade advancing into international waters.