The Latest Breaking News from Moody

New York (AFP) - US retailers unveiled a trove of fresh promotions Friday, as they try to coax sales from reticent shoppers whose holiday cheer has been tempered by inflation and worries over a softening economy.

New York (AFP) - Retailers braced for their biggest test of the year: Will US consumers open their wallets wide for the Black Friday sales that kick off the holiday shopping season?

The conclusions of two international credit rating agencies agreed on the initial positive outlook for Lebanon and its economy following its signing of the US-mediated sea border deal with Israel. “The agreement is credit positive for Lebanon because it establishes the necessary geopolitical security conditions for international energy companies to…

Analysis: Should he succeed in making a comeback, the former prime minister will have few tools available to overcome Britain’s problems

Moody’s kept UK’s credit rating at Aa3

The ratings agency Moody's says the downturn is due to the political instability and high inflation in the aftermath of PM Liz Truss' resignation in a report published last night

Moody’s said the change in outlook was driven by ‘heightened unpredictability in policymaking’.

Bed Bath & Beyond (BBBY) has struggled significantly this year because of its poor financials. Moreover, the company seems to be in deep trouble as it is reportedly looking to reorganize its debt. Furthermore, Moody’s recently downgraded its corporate-family rating. Therefore, investors should not wait for a turnaround in this…

Jitters about market and UK economy remain