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...Fitch Ratings downgraded Kemble’s credit rating to CC on Thursday, which it said indicated “that a default of some kind appears probable”....
...Fitch cut its rating on the bonds to BB+ from BBB- just five weeks before voters will choose a new president....
...Fitch has upgraded Turkey’s credit rating in a vote of confidence in a sweeping economic overhaul that kicked off after President Recep Tayyip Erdoğan’s re-election last year....
...Fitch Ratings on Friday affirmed a double A plus credit rating for the US, touting its strong economy while warning that rising deficits and budget stand-offs that led to its rating being cut in August are...
...The move by Fitch, which maintained the country’s A plus credit rating, follows a similar outlook downgrade from rival Moody’s Ratings in December....
...Rating agency Fitch has downgraded its long-term outlook on China to negative, prompting an expression of “regret” from the country’s finance ministry....
...Fitch on Friday evening lifted its rating on Greece to BBB from BB+, which was classified as “junk” territory....
...Fitch also lowered NYCB’s overall credit rating last week, but, unlike Moody’s, maintained its deposits at investment grade....
...US consumer spending is expected to slow in 2024 as higher credit card rates and student loan payments increase household debt, Fitch Ratings has warned....
...Rating agency fines are relatively rare in Europe, although Esma levied a record €5mn fine against Fitch Ratings in 2019 around similar conflicts of interest surrounding its rating of French grocer Casino...
...In a sign that INA might be gearing up to raise capital, the fund obtained a credit rating earlier this year from Fitch. It was rated ‘BBB’, in line with the government of Indonesia....
...Fitch has placed its credit rating of Israel’s foreign and local currency debt on “negative watch”, as the risk of a major escalation in the conflict in the Middle East threatens Israel’s finances....
...Credit ratings, by contrast, are up to 99 per cent correlated, meaning that one company will receive broadly the same view whether one consults Moody’s, S&P or Fitch....
...Fitch Ratings cut its outlook on China’s long-term credit rating to negative on Wednesday, citing uncertain prospects for the economy as the country moves from its property-led growth model....
...Fitch Ratings has downgraded WeWork, compounding the pressure on the flexible office space provider that warned last week of “substantial doubt” over its ability to continue as a going concern....
...Last month, Fitch relegated Panama’s sovereign bonds to junk territory, with the markets pricing in further downgrades from the rating agencies. S&P already holds a negative outlook on the country....
...Fitch is the latest rating agency to strip the US of its triple A rating, downgrading it to a more humdrum AA+....
...After US markets closed on Tuesday, Fitch cut the country’s credit rating from triple A to double A plus, citing worsening fiscal conditions and governance....
...The sale and the rating upgrade, which comes after Fitch’s upgrade earlier this month, signal plans for the lender’s privatisation are advancing, two years after Rome’s first, botched attempt....
...The US’s credit rating has been cut to double A plus from triple A, in an unexpected blow to the world’s biggest economy by Fitch....
...The US’s credit rating has been cut to AA+ from AAA, in an unexpected blow to the world’s biggest economy....
...Fitch Ratings on Wednesday downgraded the country’s credit rating to “restricted default” after a grace period expired for a payment originally due on December 11....
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...Rating agency Fitch has downgraded its outlook on China from “neutral” to “negative”, citing the country’s “property-reliant growth” as a source of increased uncertainty in its re-rating announcement....
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