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The Latest Breaking News from Fitch

Latest Ukraine updates: Macron says resolution may take months

Ukraine news from February 8: After talks with Putin and Zelenskyy, French president offers his analysis of the crisis.

Al Jazeera

Abu Dhabi’s ADNOC Forms Unit to Issue Debt, Explore Funding

Abu Dhabi National Oil Co (ADNOC) has set up a subsidiary, ADNOC Murban, to issue primary debt and explore new funding opportunities. ADNOC Murban will become the primary debt capital markets issuing and rating entity for the ADNOC Group, the Abu Dhabi state oil giant said in a statement. Named…

Asharq Al-Awsat

EVs To Drive Growth In China Auto Market This Year, Says Rating Agency Fitch

Rating agency Fitch said on Tuesday it expects electric vehicles to remain a key growth driver in China’s car market. What Happened: Fitch Ratings said EV volumes in China could reach 20% of the total share this year, up from 15.5% in 2021.

Benzinga

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Fitch Cuts Ratings on Sunac China for Decreasing Financial Flexibility

Real estate developer has billions of dollars of debt coming due this year with diminishing sources of cash to make payments, ratings company says

Caixin Global

Unilever ‘could lose credit rating’ with purchase of GSK consumer arm

Deal could swell Unilever’s debt pile, says ratings agency Fitch

The Guardian - UK

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