Fitch

312 results

A worker walks in front of the Evergrande headquarters in Shenzhen, southeastern China on Saturday. Photograph: Noel Celis/AFP

China Evergrande Group’s electric-car unit scrapped plans for a share listing amid what it said is a “serious shortage of funds”, adding to liquidity (...)

A protest outside Evergrande’s headquarters  in Shenzhen, China

Nine years ago US hedge fund manager Andrew Left, of Citron Research, penned a report on Chinese real estate group Evergrande, claiming the business e(...)

Police officers and security guards stand in front of the barricaded entrance to the Evergrande group headquarters in Shenzhen, China, on Tuesday. Photograph: Bloomberg

Investors are confronting the growing possibility that Chinese property developer Evergrande will default, a debacle that could cascade across global (...)

Digicel has operations in 32 markets across the Caribbean, Central American and Asia Pacific regions.

Fitch has upgraded much of Digicel’s $5.5 billion (€4.62 billion) debt pile from a rating that flagged a real possibility of default, but warned the D(...)

Front Street in Hamilton, Bermuda. Photograph: iStock

Bermuda’s political and business elite is responding to the G7 push for a minimum corporate income tax as it would to the approach of an Atlantic hurr(...)

Peter Barrett, chief executive of SMBC Aviation Capital. Photograph: Brenda Fitzsimons

Aircraft lessor SMBC Aviation has raised $500 million (€412 million) through a bond issue, the Irish company said on Tuesday. Dublin-based SMBC confi(...)

Anti-coup protesters flash three-fingered symbol of resistance as they gather to pray for those who died during a protest against the military in Yangon, Myanmar, on Monday. Photograph: AP

Demonstrators in Myanmar held protests demanding the restoration of Aung San Suu Kyi’s government on Monday and called for more co-ordinated nationwid(...)

Moody’s expects the economy will grow 3 per cent this year, as against 2.8 per cent in 2020 and 5.9 per cent in 2019.

Irish banks’ profitability will stabilise at a higher level this year despite continued margin pressure, helped by lower loan loss provisions and a pi(...)

Loan impairment charges will be ‘above normalised levels’ in 2021, Fitch said. Photograph: Wolterfoto/Ullstein Bild via Getty Images

Irish banks’ non-performing loans will increase in the coming quarters as support measures for borrowers during the pandemic come to an end, Fitch Rat(...)

Tony Smurfit: “I was lucky. Things just opened at the right time. It wasn’t planned.” Photograph: Alan Betson

It’s three years since cardboard box-maker Smurfit Kappa received a St Valentine’s Day overture of the most unwelcome kind from US rival International(...)

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