Tag: Fitch
rating agency Fitch warns Beijing – L’Express
Rating agency Fitch has lowered China’s sovereign credit outlook to negative, the agency announced on Wednesday, April 10, citing increased risks for the country’s public finances. “The revised outlook reflects…
Banco BPM, Fitch confirms “BBB-” rating, stable outlook
(Finance) – At the conclusion of the annual review process, the rating company Fitch has improved by one notch the Senior Preferred and Senior Non-Preferred debt ratings of BPM desk,…
Boeing, Fitch cuts outlook to Stable with reduction in 737MAX deliveries
(Finance) – Fitch Ratings confirmed the Long-Term Issuer Default Rating (IDR) “BBB-” Of Boeingwhile theoutlook was revised from positive to stable.The outlook revision reflects Fitch’s view that Boeing’s path to…
Fitch: EMEA port cargo volumes are redistributed after Red Sea crisis
(Finance) – The reduction of shipments through the Red Sea and alternative routes around Africa following attacks on commercial shipping led to the redistribution of volumes from ports in the…
Enel: Fitch confirms ratings, stable outlook
(Finance) – Fitch Ratings confirmed its long-term debt rating Is in the to “BBB+”. The agency also maintained Enel’s short-term rating at “F-2”. The outlook remains “stable”. The confirmation of…
Fitch: the excess spread for Italian covered bonds is reduced
(Finance) – Theexcess spread available for Italian covered bond programs (Covered Bank Bonds, OBG) it is reducing, particularly for programs with a large proportion of unhedged fixed rate assets originating…
STMicroelectronics, Fitch confirms BBB+ rating and stable outlook
(Finance) – Fitch Ratings confirmed the Long-Term Issuer Default Rating (IDR) Of STMicroelectronicsan Italian-French semiconductor giant, to “BBB+” with a “stable” outlook. The ratings remain supported by its diversified product…
Fitch: Pivot on rates will be geographically broad, but not steep
(Finance) – The orientation of central banks towards i interest rate cuts in 2024 will be “geographically widespread, but will not be drastic” This was stated by Fitch Ratings in…
Fitch: Italian and UK non-life insurers have better prospects in Europe
(Finance) – It is probable that British and Italian non-life insurers they will see i greater benefits in Europe from the increase in premiums insurance in 2024. This was stated…
Reno de Medici, Fitch assigns “B+” rating with stable outlook
(Finance) – Fitch Ratings assigned to Reno de Medici (RDM), leader in Italy in the production of recycled cardboard, a Long-Term Issuer Default Rating of “B+” with a stable outlook.…