Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Fitch

US Loses Last Triple-A Credit Rating As Moody's Cuts On Growing Govt Debt

The United States lost its last triple-A credit rating from a major agency on Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.

International Business Times

Rating agencies don’t treat the Global South fairly: changes South Africa should champion in G20 hot seat

Credit rating agencies like S&P Global and Fitch have an outsized influence on the economic fortunes of developing countries. Their assessments shape investor perceptions, influence borrowing costs, and ultimately shape a country’s development path. With many African countries now issuing bonds in global markets amid falling levels of official development…

The Conversation

Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got the formula wrong?

Billionaire’s sprawling business empire faces financial woes as easy earnings from petrochemicals have receded

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Red flags raised after debts soar at Sir Jim Ratcliffe’s chemicals empire

Ratings agencies downgraded outlook for Ineos Group to ‘negative’ as tycoon’s sporting interests also hit crisis point

The Guardian - UK

No-brainer fashion resolutions to make for 2025

Here are four ways to revamp your wardrobe for the New Year.

The Independent UK

Millions in bonds for Israel put US states at odds with investment policies

US states spend millions on Israeli investments but risk non-compliance with their own policies.

Al Jazeera

Scandal-hit Thames Water blocked from paying 'undeserved' bonuses for top bosses from customers' money

Eight other water firms won’t be using customers’ funds to pay bonuses

Evening Standard

Read news from The Economist, FT, and more,
with one subscription

Southern Water gets rating downgrade amid ‘challenging funding conditions’

Southern’s latest downgrade by Fitch follows a similar move by ratings agency Moody’s earlier in November.

Evening Standard

France faces credit downgrade as Moody's readies verdict on €3.2 trillion debt

Earlier this month, U.S. credit rating agency Fitch upheld its AA- rating for French debt, but shifted the outlook from "stable" to "negative." On 25 October, Moody’s is set to deliver its assessment. If France’s budget plans falter, the country risks a credit rating downgrade, which would drive up borrowing…

Radio France Internationale

Fitch agency maintains France's 'AA-' credit rating but downgrades outlook

Fitch Ratings revised France's long-term outlook to "negative" on Friday while keeping its rating at AA-. The company cited increased fiscal policy risks, with government debt moving toward 118.5 percent of GDP by 2028.

France 24

Hurricane Milton To Push 2024 Insured Losses Beyond $100 Billion: Fitch

Fitch said that they estimate that the insured losses will be ranging from $30 to $50 billion. This will be the largest insured loss after Category 4 Hurricane Ian in 2022.

International Business Times

Hurricane Milton Causes Record Insured Losses, Florida Market Vulnerable

Fitch Ratings reports Hurricane Milton's insured losses of -50 billion, surpassing Hurricane Ian's impact. Potential uninsured losses and challenges in ...

Top News

South Korea's Public Finances No Longer Credit Rating Strength

Fitch Ratings' reassessment of South Korea's public finances raises concerns about its credit rating and economic resilience.

Barchart

Stock Indexes Plummet After U.S. Inflation Data Released

The major stock indexes are down more than 1% this morning after CPI data was released showing the largest increase in consumer prices in a year.

Barchart

S&P Futures Plummet After U.S. Inflation Data Released

June S&P 500 E-Mini futures (ESM24) are dropping -1.4% this morning after CPI data was released showing the largest increase in consumer prices in a year.

Barchart

S&P Futures Tread Water Ahead of U.S. Inflation Data and FOMC Meeting Minutes

June S&P 500 E-Mini futures (ESM24) are trending up +0.10% this morning as market participants refrained from making big bets ahead of the release of a crucial U.S. consumer inflation report and the Federal Reserve’s March policy meeting minutes.

The Guardian - UK

Ratings agency downgrades China debt outlook over economic uncertainty

Fitch cut to negative comes as country moves away from reliance on growth from property sector

Al Jazeera

Ratings agency Fitch lowers China’s sovereign credit outlook to negative

Beijing says it is ‘disappointed’ with decision by US-based ratings agency.

The Guardian - UK

US inflation rises to 3.5%, weakening hopes of early interest rate cuts – business live

Rolling coverage of the latest economic and financial news

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.