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The Latest Breaking News from SP Global

S&P Global cuts several U.S. bank ratings, citing tough climate for lenders

S&P Global, following a similar move by Moody's, lowered the credit rating of several regional lenders.

The Street

Gender parity offers hope in ‘otherwise bleak landscape’ for corporate social goals, S&P says—It projects women will be 50% of leadership by 2030

The number of women in the boardroom and C-suite has more than doubled since 2010, per S&P’s analysis of the Russell 3000.

Fortune

ConocoPhillips Positioned For Competitive Cash Flow And Returns

Energy giant reports strong Q2 performance and advances global LNG strategy

Zenger

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S&P Global And ISM Surveys Show Reduced Expansion In US Private Services Sector

US Services Sector Expansion Slows in July Amid Decreased Growth Rate

Zenger

Stocks Gain, Fed & Big Tech, Chevron, Musk & Twitter Barbenheimer

Stock futures extend rally, but global stocks sputter; Week Ahead: Wall Street faces Fed, tech earnings and key data tests; Chevron moves higher after Q2 earnings preannouncement; Elon Musk rebrands Twitter as 'X', removes bird logo and 'Barbenheimer' delivers 'phenomenal' weekend for American movie theaters.

The Street

3 Copper Stocks to Mine Into Your Portfolio

As we seek to electrify everything, from power generation to transportation to heating (heat pumps), copper is the one material that’s used everywhere in the energy transition. Copper has an essential role in electrical wiring, grid infrastructure, wind turbines and electric vehicles, making it indispensable for the energy transition. That's…

StockNews.com

Momentum softens: On S&P Global’s survey

The findings of the S&P Global’s survey

The Hindu

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Stocks Slide on Recession Concern; Wall Street Pushes Back on 'Soft Landing' Bets

'The market is too confident that the Federal Reserve can engineer a soft landing,' said Claro Advisors' Ryan Belanger.

The Street

Warm weather pushes up retail sales in Great Britain as people turn to outdoor goods

Rise of 0.3% in May comes as separate survey shows UK services company sales grew this month

The Guardian - UK

Stocks Slip Lower, 3M Settlement, Fed Bank Lending, CarMax Earnings On Deck, Meta News In Canada - 5 Things To Know

Stock futures lower as stagflation risks mount; 3M shares jump after $10.3 billion 'forever chemicals' settlement; Banks keep tapping Fed for emergency support as stresses linger; CarMax earnings on deck as demand cools, prices slide and Meta to pull plug on Facebook news access in Canada.

The Street

AI's high growth no match for iPhone

An investing report offers a reality check on the prospects that AI might mint new fountains of revenue.

Axios

French credit rating under more pressure

PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.

Bangkok Post

With Car Prices Soaring, Americans Set Record for Driving Older Vehicles

Surging car prices and high interest rates are forcing more and more Americans to delay new vehicle purchases.

Kiplinger

S&P Global Sales Pop. Business Data Provider Expands In Asia.

A Relative Strength Rating upgrade for S&P Global stock shows improving technical performance. Will it continue?

Investors Business Daily

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Fortune

Meet the 25 most future-forward corporate boards in 2023

Fortune’s second annual Modern Board 25 ranking identifies the highest-performing and purpose-driven corporate boards.

The Hindu

For India’s Services firms, April was the best month in almost 13 years: S&P Global PMI

India’s services sector recorded its highest uptick in new business and output levels since June 2010 this April, led by a strong upturn in the Finance and Insurance segment, as per the seasonally adjusted S&P Global India Services PMI® Business Activity Index

Tribune News Service

These anti-ESG Republicans are longtime supporters of green power

Some key Republican senators who’ve slammed Wall Street’s efforts to tackle climate change are themselves big supporters of green energy.

WEKU

First Republic Bank shares sink to another record low, but stock markets are calmer

Shares in the midsized lender continued to tumble as fears grow about First Republic's financial health grow even after it received a $30 billion lifeline from its bigger rivals last week.

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Fortune

Customers scramble to withdraw money from First Republic as stock drops almost 50%

Efforts to reassure the public that First Republic is safe have so far been unsuccessful as bank's shares plunge.

Investors Business Daily

Dow Jones Futures Fall 500 Points As Credit Suisse Triggers European Bank Sell-Off

Dow Jones futures tumbled as Credit Suisse plunging, leading a European bank sell-off after the Nasdaq reclaimed key levels Tuesday.

Asharq Al-Awsat

Egypt’s Private Sector Activity Shrinks for 27th Month in a Row in Feb.

Egypt's non-oil private sector activity shrank for the 27th month in a row in February as surging inflation and obstacles to importing from abroad extended business travails, a survey showed on Sunday. The S&P Global Egypt Purchasing Managers' Index (PMI) strengthened to 46.9 in February from 45.5 in January, but…

Bangkok Post

Thai firms top S&P sustainability index

A total of 37 Thai companies have been included in S&P Global's Sustainability Yearbook 2023, with 12 awarded "Gold Class", the highest tally globally for the best performing sustainable companies in their industry, the Stock Exchange of Thailand (SET) reported yesterday.

Axios

Subprime car loan delinquencies are surging

Despite the strong job market, the rising cost of everything is pressuring lower-income families

Asharq Al-Awsat

Egypt Private Sector Activity Slides for 26th Month in Row

A contraction in Egyptian non-oil private sector activity entered its 26th straight month as high inflation and a continued shortage of foreign currency weighed on business, a survey showed on Sunday. The S&P Global Egypt Purchasing Managers' Index (PMI) slipped to 45.5 in January from 47.2 in December, well below…

Investors Business Daily

S&P Global Gets RS Rating Upgrade

A Relative Strength Rating upgrade for S&P Global shows improving technical performance. Will it continue?

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