Fitch

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Until a few weeks ago WeWork was one of the world’s most highly valued private companies. Photograph: Kiyoshi Ota/Bloomberg

WeWork’s bankers are scrambling to complete a new debt financing package as soon as next week to buy time to restructure after the company’s failed in(...)

Ford has said it will take charges totalling $11 billion in a restructuring aimed at improving profitability and better positioning itself to capitalise on new technologies including electric and self-driving vehicles.

Ford’s credit rating has been cut to junk by Moody’s Investors Service, which cited weak earnings and cash generation as the carmaker undergoes a cost(...)

Hong Kong chief executive Carrie Lam speaks to the media during her weekly press conference in Hong Kong. Photograph: Getty Images

Fitch Ratings downgraded Hong Kong as an issuer of long-term, foreign currency debt for the first time since 1995, saying that the territory’s recent (...)

Debt ratings firm Fitch assigned a BBB rating on Bank of Ireland’s new bonds, the lowest level of what’s considered investment-grade debt

Bank of Ireland pulled a planned sale of €300 million of junior bonds on Tuesday afternoon, disappointed by the level of demand for the debt as potent(...)

The move came after President Mauricio Macri’s (right) government failed to sell new short-term bonds, leaving the government struggling to find the cash for hefty upcoming repayments

Argentina has defaulted on its debt, according to Standard & Poor’s, the rating agency, after it announced plans to delay payments on its $101 bil(...)

Facebook is among the tech giants set to report results this week.

Gains in oil heavyweights amid heightened tensions in the Middle East helped London’s main index hold steady on Monday. European shares ended flat as (...)

Gaël Méheust (l), chief executive of CFM International, with Dómhnal Slattery, chief executive of Avolon.

Fly Leasing, the aircraft finance business led by former Aer Lingus chairman Colm Barrington, has been contracted to sell a portfolio of 12 aircraft, (...)

Iranian president Hassan Rouhani. Investors are uneasy over rising tensions in the Middle East. Photograph: EPA

Irish shares outperformed European peers yesterday as markets were hit by trade jitters and rising tensions over Middle East sanctions. In the US, in(...)

Mexican foreign minister Marcelo Ebrard holds a news conference at the Mexican embassy in Washington on Wednesday following talks with US vice President Mike Pence and secretary of state Mike Pompeo. Photograph: Chip Somodevilla/Getty Images

Mexican and US officials resumed talks on trade and migration on Thursday, with the Trump administration resisting calls from US businesses and some R(...)

Fitch said the Brexit impact was not limited to London, with Dublin home prices likely to be a beneficiary.  Photograph: iStock

Dublin’s high-end property market could be in line for a price correction as mortgage restrictions hamper demand, a report from influential credit rat(...)

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