Ratings agencies warn of downgrade if Boeing strike prolonged | Labour Rights News
Boeing’s management will likely need to access new sources of liquidity in the event of a prolonged strike.Fitch Ratings and Moody’s have joined S&P Global…
European stocks fall as PMIs revised lower, ASML hit by UBS downgrade
European stocks fell on Wednesday after a semiconductor-driven sell-off on Wall Street. Weaker-than-expected economic data, including downgrades to Eurozone PMIs, further weighed on sentiment. ADVERTISEMENTEuropean…
U.S. debt in danger of downgrade by Moody’s as shutdown looms
A lower debt rating raises the risk of higher borrowing costs for the federal government. The warning comes as the government teeters on the brink…
Egypt’s bonds spiral lower after Moody’s downgrade over economic woes | Business and Economy News
The agency says Egypt’s worsening debt affordability led to its decision to cut the country’s credit rating. Egypt’s sovereign dollar bonds have tumbled after ratings…
US Treasury Secretary Yellen calls Fitch downgrade ‘entirely unwarranted’ | Business and Economy News
Yellen said the downgrade failed to take into account a resilient US economy, with low unemployment, falling inflation. US Treasury Secretary Janet Yellen has voiced…
Yellen blasts Fitch’s ‘unwarranted’ downgrade of U.S. credit rating
Treasury Secretary Janet Yellen speaks during a House Committee on Financial Services Committee hearing on the state of the International Financial System at the U.S.…
Prosecutors downgrade charges in Alec Baldwin shooting case | Courts News
Prosecutors dropped a firearms enhancement that would have established a minimum sentence of five years. United States actor Alec Baldwin will not face the possibility…