The Latest Breaking News from Moody

American tech company says it is "actively collaborating and moving forward positively with the support of our lenders"

Smart trainer maker misses debt payment, but insists a 'special agreement to delay' has been put in place

Moody's has changed its outlook on Saudi Arabia’s Public Investment Fund (PIF) from "stable" to "positive" and affirmed its long-term issuer and senior unsecured ratings at A1. According to the performance evaluation, the rating reflects PIF's standalone creditworthiness as expressed by a BCA of A1.

Rating agencies have upgraded the Saudi economy to a “positive” and stable outlook. They affirmed that the structural reforms have been reflected in the tangible progress in economic development and the support of diversification policies, especially in the non-oil sector. S&P Global Ratings upgraded its credit report for Saudi Arabia,…

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG. Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over the weekend to assess…

"We're entering the true turbulent times."

Collapse of Silicon Valley Bank (SVB) marks biggest US bank failure since Washington Mutual during 2008 financial crisis

Early in the week of Feb. 27, SVB got some worrisome news.

The swathes of deposit withdrawals in the US have shone a spotlight over the fragility of many mid-tier banking institutions