Egypt’s credit rating was upgraded by Fitch Ratings for the first time since 2019, the latest boost for the economy emerging from two years of crisis after securing a $57 billion global bailout.

UniCredit SpA (IT:UCG) has released an update. UniCredit SpA has received a boost as Fitch Ratings upgraded its Long-Term Issuer Default Rating to ‘BBB+’, placing it above the Italian ...

Hurricane Milton could cause up to US$50-billion in insured losses for Florida property owners, pushing insurers’ estimated losses in the state over US$100-billion in 2024 alone, Fitch Ratings ...

Fitch Ratings has expressed caution about the stability of Nigeria's foreign exchange market, contrasting the International Monetary Fund's (IMF) view that recent CBN measures, including interest rate ...

Fitch Ratings put France on negative outlook a day after the government presented its 2025 budget, delivering a rapid critique of Prime Minister Michel Barnier’s efforts to deal with a sharp ...

Fitch Ratings signaled that it may upgrade South Africa’s credit outlook if the government sticks to its path to stabilise debt as outlined in its three-year budget plan. “It could be positive ...

Fitch Ratings said in a report published on Thursday. On Thursday morning, the Category 3 storm cut a destructive path across the Sunshine State, killing at least 10 people and leaving millions ...

Dropping interest rates are easing financial and economic conditions and boosting investor sentiment, yet an array of risks abound, including ongoing geopolitical and market volatility risks, cautions ...

PARIS, Oct 11 (Reuters) - Credit ratings agency Fitch revised France's outlook to "negative" from "stable" on Friday, citing increases in fiscal policy and political risks. "This year's projected ...

The ongoing motor finance crisis is unlikely to be as big as the PPI scandal but banks’ credit ratings could still be downgraded. That is according to leading American credit rating agency, Fitch ...

The size of the rate cuts expected from the European Central Bank (ECB) haven’t changed, but the bank is now forecast to accelerate those moves, says Fitch Ratings. The rating agency said that, while ...