The Latest Breaking News from Fitch

Billionaire’s sprawling business empire faces financial woes as easy earnings from petrochemicals have receded

Ratings agencies downgraded outlook for Ineos Group to ‘negative’ as tycoon’s sporting interests also hit crisis point

Earlier this month, U.S. credit rating agency Fitch upheld its AA- rating for French debt, but shifted the outlook from "stable" to "negative." On 25 October, Moody’s is set to deliver its assessment. If France’s budget plans falter, the country risks a credit rating downgrade, which would drive up borrowing…

Fitch Ratings revised France's long-term outlook to "negative" on Friday while keeping its rating at AA-. The company cited increased fiscal policy risks, with government debt moving toward 118.5 percent of GDP by 2028.

Fitch said that they estimate that the insured losses will be ranging from $30 to $50 billion. This will be the largest insured loss after Category 4 Hurricane Ian in 2022.

Fitch Ratings reports Hurricane Milton's insured losses of -50 billion, surpassing Hurricane Ian's impact. Potential uninsured losses and challenges in ...

Rating agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing.

Limited impact of Israel's general strike on economy amidst ongoing conflict with Gaza. Financial markets react positively.

Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict