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...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....
...Other than green energy, INA had a strong pipeline in each of its other focus sectors — transportation and logistics, healthcare and the digital economy, Porwanto said....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...Fitch is the latest rating agency to strip the US of its triple A rating, downgrading it to a more humdrum AA+....
...And today, the National Transportation Safety Board chair wrote a letter to two senators about investigators’ challenges determining what exactly happened when Boeing worked on the “door plug” that blew...
...“We are going to work with the [National Transportation Safety Board] who is investigating the accident itself to find out what the cause is . . . I trust every step they take.”...
...Fitch did not adjust its “country ceiling”, which it affirmed at AAA....
...In Tuesday’s announcement, Fitch analysts did duly cite some statistics....
...Fitch, a rival rating agency, downgraded the bank on Friday but left its rating in investment grade territory. Moody’s said NYCB faced numerous “financial, management and risk management” issues....
...The door panel blowout in January was caused by missing bolts, according to a preliminary report by the National Transportation Safety Board....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...“Fitch’s quantitative ratings model declined markedly between 2018 and 2020 — and yet Fitch is announcing its change now, despite the progress that we see in many of the indicators that Fitch relies on for...
...Attwell, of Sustainable Fitch, expects further growth in the blue bond market this year, helped by the emergence of clear standards for the space....
...Technical specialists from the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport accidents, will be poring over every inch of the door...
...Chief financial officer Brian Newman said that the macroeconomic environment “showed improvement” in the fourth quarter, but “the transportation and logistics sector conditions remained under pressure both...
...“Safety will continue to drive our decision-making as we assist the [National Transportation Safety Board’s] investigation into Alaska Airlines Flight 1282.”...
...The door plug — a “key component” for investigators — was located in the backyard of a Portland resident on Sunday night, according to Jennifer Homendy, chair of the National Transportation Safety Board,...
...The Treasury will spend £110bn on debt interest in 2023, according to a forecast by Fitch....
...The downgrade by Fitch is a non-event for yields.” Treasury markets reacted modestly to the Fitch decision and the US plan to increase borrowing unveiled on Wednesday....
...Fitch busted the US’s sovereign debt rating down from AAA, the highest, by one notch to AA+....
...The National Transportation Safety Board’s report on Tuesday is the first official account of how the door plug could have fallen out of the fuselage of an Alaska Airlines plane 16,000 feet over Oregon on...
...The National Transportation Safety Board, which is investigating the incident, located the door from the Alaska Airlines flight on Monday in a Portland, Oregon, suburb....
...“This decision is the result of a pessimistic assessment by Fitch regarding France’s growth prospects and its debt trajectory,” Le Maire said in a statement....
...The slated equity injection from Australian investor Macquarie comes the same day that ratings provider Fitch downgraded the water utility, citing its high interest costs and operational challenges....
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