News

NEW YORK, NY – Moody’s has downgraded the U.S. sovereign credit rating, citing mounting concerns over the nation’s ballooning $36 trillion debt. The downgrade, announced on May 16, could ...
After the closing bell on Friday, Moody’s became the last major credit-rating firm to downgrade U.S. sovereign debt from its perfect AAA status to Aa1. The firm argues that the U.S. is on a ...
Canada’s top-tier credit rating remains intact despite a post-election surge in federal spending and tax cuts, according to a new Desjardins report — but growing debt and a costly NATO defence ...
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In an attempt to address the credit access issues of the textile sector, the government is considering a credit rating system akin to Cibil and a common green fund, as per media reports. The move ...
Azad Engineering Limited announced that CARE, a Credit Rating Agency, has upgraded its credit ratings for long-term bank facilities to 'CARE A; Stable' from 'CARE A-; Stable'.
S&P downgrades Nippon Steel's credit rating after U.S. Steel acquisition, citing financial burden and uncertain cash flows.
Ontario, Calif.-based Prime Healthcare’s rating was upgraded to “B2” from “B3” by Moody’s. The upgrade reflects material improvement in the health system’s EBITDA and EBITDA margin ...
Standard & Poor’s credit rating agency upgraded Pakistan by one notch to "B negative" on Thursday, an improvement from its previous standing, though still two positions below investment grade.
LONDON/DAKAR, July 15 (Reuters) – Senegal’s sovereign credit rating was cut by S&P Global to B- late on Monday and immediately put on a negative outlook – effectively another downgrade ...
Jefferson Parish has lost its bond rating with major credit rating agencies.
The decision by ratings agency S&P Global to downgrade State-owned enterprise (SOE) Transnet’s credit rating was disappointing news for those in business eager to see the utility performing ...