Get all your news in one place.
100's of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Ratings Firm Moody’s to Shut Moscow Office at End of Month

Signage is seen outside the Moody's Corporation headquarters in Manhattan, New York, US, November 12, 2021. (Reuters)

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USand European-based rating agencies Moody's, S&P Global and Fitch have all suspended their operations in Russia and withdrawn their ratings on both the country's sovereign debt and companies.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.