The Latest Breaking News from Fitch

Credit rating firm Moody's will formally shut its office in Russia's capital Moscow at the end of the month, sources told Reuters, with staff either being cut or relocated elsewhere. Western sanctions mean the main USand European-based rating agencies Moody's, S&P Global and Fitch have all suspended their operations in…

Pares 2022-23 growth to 7.8%, expects inflation to average 6.9%

A leading international credit ratings agency warned Friday that the results of this month’s parliamentary elections in Lebanon make it difficult for any coalition to have a governing majority, potentially complicating implementation of reforms. Shortly after the warning from Fitch Ratings, the Lebanese pound briefly hit new lows against the…

A leading international credit ratings agency has warned that the results of this month’s parliamentary elections in Lebanon make it difficult for any coalition to have a governing majority, potentially complicating implementation of reforms

Analysts say election of Albanese government will not ‘shift the dial’ on economic forecasts

The decline of bricks-and-mortar retail has been a catastrophe for malls. But landlords and local authorities are trying to ensure they have a future

The upgrade is the first the state has seen from Fitch since June 2000 — and it comes as Gov. J.B. Pritzker, who is running for reelection, hopes to prove to voters that the state is in better fiscal shape under his leadership.

Fitch said on Tuesday it has cut China's GDP growth forecast for 2022 to 4.3% from 4.8%, saying pandemic-related disruptions have had an impact on the country's economy in the first two quarters of the year. The rating agency said it stills expects a quarter-over-quarter GDP contraction in the second…

Ratings agency Fitch on Friday revised the outlook on Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), to "positive" from "stable" following a similar action on the country. It also affirmed the PIF's rating at "A". Fitch had cited improvements in Saudi Arabia's balance sheet due to higher…

Up in their corporate suite, executives of the Walt Disney Co. must be laughing themselves silly.

Kaitlyn Fisher worked for the American chain for three years while at college in America and had a strict set of rules she should follow. One boss told her didn’t ‘photograph well’