Fitch

311 results

Global investors have become more cautious about emerging markets. Photograph:   Ken Cedeno, Corbis via Getty

It’s hardly the best time for Denis O’Brien to be looking for a finance chief for his Digicel Group. The highly indebted group saw Fitch, one of the(...)

Fitch has lowered its rating on Digicel. Photograph: Ken Cedeno/Digital/Corbis via Getty Images

Debt ratings firm Fitch lowered Digicel’s creditworthiness deeper into “junk status” over the weekend amid mounting concerns over how businessman Deni(...)

An adverse Brexit scenario that slowed growth sharply could push up Britain’s budget deficit towards 2.5 per cent of GDP

Ratings agency Fitch said on Thursday it saw a growing risk of a bitter and economically damaging Brexit that could lead to a further downgrade of Bri(...)

Aryzta chairman  Gary McGann and chief executive  Kevin Toland. Analysts agree that the management team has inherited most of the problems with which they are now wrestling. Photograph: Alan Betson

There’ll likely be no cake to celebrate the 10th birthday this month of Irish-Swiss baker Aryzta. It is probably looking to raise some dough. In the w(...)

Avolon’s headquarters in Dublin. Orix Corporation agreed to buy 30 per cent of Avolon from Bohai Capital.

Aircraft lessor Avolon’s deal with Japanese giant Orix is likely to cut the Irish aviation financier’s borrowing charges. Orix Corporation agreed to (...)

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(...)

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