Moodys Financial News

19.04 / 16:03

COST Citi Moodys War country Israel's long-term credit rating is downgraded by S&P, 2nd major US agency to do so, citing conflict

Israel’s long-term credit rating is being downgraded by S&P, which cited the risk of military escalation with Iran

19.04 / 08:39

UPS Action Moodys performer reports cricket bowling IPL 2024: Will Mayank Yadav return for LSG vs CSK clash today? Lucknow coach says ‘he is bowling in the nets but…’

Today's IPL Match: LSG vs CSK; who’ll win Lucknow vs Chennai clash on April 19? Fantasy team, pitch report, and more However, the right-handed pacer has been out of action for the last two matches due to an injury he picked up against Rajasthan Royals. Meanwhile, Lucknow Super Giants, who have won 3 of their 6 matches so far, will take on Ruturaj Gaikwad's Chennai Super Kings at the Ekana Sports City Stadium in Lucknow today.

17.04 / 22:23

markets Target economy CME Moodys rights Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025

If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the likelihood that there won't be interest rate reductions anytime soon.

12.04 / 05:01

Progressive economy Moodys pandemic country reports Profiles Moody's affirms India's ‘Baa3’ stable rating, projects over 6% growth for next two years

ANI reported. In its latest assessment, Moody's noted that India's stable outlook reflects the likelihood of gradual improvement in the country's fiscal metrics, supported by its robust growth prospects, compared to its peers, as per the report.

10.04 / 07:43

UPS economy Fitch Moodys International Is China going to default? Fitch cuts rating to negative

How a domestic rating agency wants to take on the big guns China's finance ministry called the Fitch rating "regrettable". "From the results, it can be seen that the indicator system of Fitch's sovereign credit rating methodology has failed to effectively and proactively reflect" Beijing's efforts to promote economic growth, it said.

09.04 / 13:27

Extreme Career Moodys community wellness consequences rights A single act of courage is needed to fix Canada's tax system, but this government won't do it

Has the overall Canadian tax system hit a tipping point? I’ve been concerned about this for quite some time and while I try hard not to cry wolf, I try to shine some light on some very serious concerns.

02.04 / 22:23

BLOCK Fox security economy Moodys Department Traffic Trapped vessels navigate Port of Baltimore after bridge collapse

Fox News chief national security correspondent Jennifer Griffin has the latest on the cleanup effort after the Francis Scott Key Bridge collapse on ‘The Claman Countdown.’

02.04 / 10:37

Target WhatsApp Fitch Moodys Research country Indian government meets revised tax collection targets for fiscal 2024: Official

tax collection target of over Rs 34.37 lakh crore for 2023-24 on the back of robust economic activity and improved compliance, an official said. «Overall targets for tax revenue have been met,» the official told PTI. The government had raised the target for direct tax collection in FY24 (April 2023 to March 2024) to Rs 19.45 lakh crore, while for indirect taxes (GST+ Customs + Excise) the target was lowered to Rs 14.84 lakh crore in the revised estimates (RE) presented in Parliament on February 1, 2024. The net direct tax collections (comprising corporate tax and personal income tax) reached over Rs 18.90 lakh crore as of March 17.

01.04 / 16:09

Citi CEO economy Moodys Experts country reports Baltimore bridge collapse poses 'temporary risk' to local, state economies: Moody's

The impact of the Francis Scott Key Bridge disaster in Baltimore is «hard to comprehend» when it comes to the local economy and governments, according to tax revenue expert and CEO Niko Spyridonos.

28.03 / 15:43

COST UPS Manufacturing Moodys Experts reports Baltimore bridge collapse: Ships carrying cars and heavy equipment need to find a new harbor

Manufacturers and shippers are scrambling to figure out where they can load or unload cargo while the main operations at the Port of Baltimore remain closed due to Tuesday’s deadly collapse of the Francis Scott Key Bridge

26.03 / 15:17

COST Food Moodys wellness Blackstone eyes sale of Victor Allen's coffee owner Trilliant, sources say

By Abigail Summerville

24.03 / 18:25

Election Moodys show country shock Harris pledges 'reset' as he becomes Irish PM in waiting

By Graham Fahy and Padraic Halpin

22.03 / 13:17

UPS economy Election Moodys electronic reports travelers Recovery in tourism, higher electronics exports to drive growth in India, South Asia: Moody's

ICRA said in a recent report. The report added that the sustenance of domestic leisure and business travel, and demand from meetings, incentives, conferences, and exhibitions (MICE) are likely to drive demand in FY25 despite a lull during the Lok Sabha elections. As things stand, India remains the world’s fastest-growing major economy.

19.03 / 20:21

markets UPS economy Moodys wellness Updates Here's everything to expect from the Federal Reserve's policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing a whole lot in terms of changing the outlook for monetary policy.

19.03 / 18:49

markets UPS Platform economy Moodys country reports S&P Global Market Intelligence revises India's FY25 growth forecast to 6.8%

2024’s growth forecast for India due to stronger than expected momentum at the start of the year. An improving global economic environment and an expected gradual easing of domestic financial conditions will support economic activity," the news platform Economic Times quoted S&P Global Market Intelligence economist as saying. The revised forecast comes days after Moody raised India's growth forecast to 8% from 6.6% in FY24 on the backs of strong domestic consumption and high expenditure from the government.

14.03 / 09:13

Citi Election Moodys trends reports Department Moody's departs from Canary Wharf offices - reports

According to reports in the FT, Moody's is not planning to renew its lease at One Canada Square and will instead move to 10 Gresham Street, near St Paul's Cathedral, once its current tenancy runs out in 2026. Moody's downgrades China sovereign credit outlook to negative Moody's has been based in Canary Wharf for 15 years, and its relocation forms part of a longer-term trend the City has seen of companies electing to relocate. Last year, HSBC said it would leave the docklands area for a new office in the City. The bank's headquarters have been located in a 42-storey tower since 2002...

07.03 / 23:15

Manufacturing Strategy economy Moodys Trade country reports Moody's upgrades India's FY24 GDP growth forecast to 8%

NEW DELHI : Rating agency Moody's on Thursday raised its forecast for India's GDP growth in FY24 to 8% from 6.6% on the back of strong government expenditure and domestic consumption. The upgrade comes a week after the rating agency raised its forecast for India's GDP growth in calendar 2024 to 6.8% from 6.1%.

07.03 / 15:07

Booking CEO Moodys community Trade Cycling reports NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent

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07.03 / 12:55

COST economy Moodys wellness performer country Moody's sours on banking sector outlooks for Germany, Britain and France

FRANKFURT (Reuters) -The credit rating agency Moody's (NYSE:MCO) said on Thursday that it was downgrading its outlook for the banking sector in a number of European countries as weak economies erode profits.

07.03 / 03:11

UPS Manufacturing Racing Enterprise Moodys reports International Financial Stocks to Watch: Tata Motors, NLC India, M&M, JM Financial, Ceat, IGL

Tata Motors: On March 6, global rating agency, Moody's, confirmed the BA3 ratings of Tata Motors, maintaining a positive outlook, reported PTI. In addition, Moody's Investors Service stated that it has also confirmed the Ba3 senior unsecured instrument ratings of Tata Motors Ltd (TML). According to Moody's obligations, 'Ba' ratings are considered to have speculative elements and carry a significant credit risk.

06.03 / 18:35

Moodys President Cycling reports Moody’s affirms Tata Motors’ BA3 ratings, maintains positive outlook

Tata Motors’ BA3 ratings with outlook remaining positive, reported new agency PTI. Moody's has also affirmed Tata Motors Ltd's (TML) Ba3 senior unsecured instrument ratings, Moody's Investors Service said in a statement. 'Ba' are judged to have speculative elements and are subject to substantial credit risk with the modifier 3 indicating a ranking in the lower end of that generic rating category, according to Moody's obligations.

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