Fitch

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Aryzta,  the company behind Cuisine de France bread, had net debt of €1.6bn   at the end of January, the half-way point in its financial year

Aryzta shares hit new lows on Monday after an analyst warned that the Swiss-Irish baker would have to tap shareholders for further cash to cope with i(...)

“To misquote Oscar Wilde, to lose money once in a crisis can be viewed as a misfortune, to do so twice is careless.” Photograph: istock

On this day 10 years ago, Katy Perry’s I Kissed a Girl was hurtling up the charts almost as quickly as deposits were hurtling out of the Irish banks.&(...)

Fitch ratings agency. The agency said  diversity “can support effective and robust decision-making”.

Ratings firm Fitch said that women are “significantly under-represented” on the boards of Ireland’s €479 billion money-market funds industry, as the s(...)

Traders  on the floor of the New York Stock Exchange on Wednesday. Photograph: Brendan McDermid/Reuters

A rally in European shares fizzled out on Thursday after some poor company results and a slide in commodity prices. DUBLIN Building materials giant (...)

Digicel has pitched to investors that it can reduce its $6.6 billion net debt from 6.7 times earnings to 5.7 times by the end of March next year. Photograph: Getty Images

Fitch, one of the world’s leading credit ratings firms, has highlighted that businessman Denis O’Brien’s telecommunications group Digicel has a “stret(...)

A trader works on the floor of the New York Stock Exchange. Fund managers are overweight US equities for the first time in 15 months. Photograph: Michael Nagle/Bloomberg

Global fund managers are flocking to American stocks but are finally souring on Europe, according to Merrill Lynch’s latest fund manager survey. Fund(...)

Bucking the trend, Bank of Ireland rallied 0.6 per cent to €6.70 following four days of losses, helped by an upgrade from Bank of America Merrill Lynch to “buy”

European shares fell on Monday as concern grew over the escalating protectionist standoff between China and the US, with CRH and Ryanair among heavywe(...)

The nascent Italian coalition parties proposed Giuseppe Conte (above), a little-known 53-year-old professor who  hardly any political experience, as prime minister for the alliance.

Italian bond markets were hit hard in heavy trading volumes on Monday as investors prepared for heightened political uncertainty while the nascent coa(...)

Aughinish is the largest alumina refinery in Europe, located near Askeaton, on the shores of the Shannon estuary.

Taoiseach Leo Varadkar held a private meeting with management of the Russian-owned alumina producing plant in Askeaton Co Limerick, as “concern” mount(...)

Hearst bought its first 20 per cent stake in Fitch from Fimalac in 2006 for $592 million, and spent another $2.6 billion increasing its holding to 80 per cent between 2009 and 2014.

Hearst has agreed to pay $2.8 billion (€2.3 billion) to buy out its French partner in Fitch Group, the privately owned US media group said on Thursday(...)

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