Fitch Ratings has upgraded Azerbaijan's State Oil Company (SOCAR) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB-' from 'BB+'. The Outlook on the Long-Term IDR is Stable, the Fitch Ratings press …
Fitch Ratings has upgraded Azerbaijan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. The agency expects that Azerbaijan’s sovereign foreign currency assets will approach $74 …
International ratings agency Fitch said it had downgraded the United States' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA+' …
Fitch Ratings has withdrawn Russia’s ratings, the international rating agency reported on its website. "Fitch Ratings has withdrawn Russia's ratings. The withdrawals are for sanction-related reasons," the agency …
Fitch Ratings said it has downgraded six Russian insurance companies' insurer financial strength ratings, along with the debt rating of one Russian insurer. The companies are insurance joint stock company VSK, JSC IC Allianz, …
Ratings agencies Fitch and Moody's downgraded Russia by six notches to "junk" status, saying Western sanctions threw into doubt its ability to service debt and would weaken the economy. Fitch downgraded Russia to …
Turkey's soft financial policy may fix inflation rate at a high level, according to the report of Fitch Ratings. According to Fitch Ratings analysts, such a policy may exacerbate the consequences of weakening Turkish lira and …
Fitch Ratings has revised up Turkey's 2021 economic growth forecast to 9.2%, according to the rating agency's Global Economic Outlook for September, released on Sept. 16, Harriet daily reports. The new figure is a massive …
International ratings agency Fitch said on Friday it had affirmed Russia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook, TASS reports. "Russia's 'BBB' IDRs …
Azerbaijan's natural gas reserves are expected to last at least for the next 120 years, according to the joint calculations of Fitch Ratings and BP. The international agency emphasizes that according to this indicator, …
Russian rail container transportation has been growing during the 2020 crisis, despite historically being sensitive to economic cycles, Fitch Raitings reports. Growth has been mostly due to an unexpected competitive advantage as …
Fitch Ratings has affirmed Issuer Default Ratings of Russia's Moscow, Saint Petersburg, Stavropol Region and three more regions. The agency has affirmed Moscow's Long-Term Foreign- and Local-Currency Issuer Default …
Rating agency Fitch downgraded Saudi Arabia’s credit rating to A from A+ today, citing rising geopolitical and military tensions in the Gulf following an attack on its oil facilities and a deterioration of the kingdom’s fiscal …
Fitch has reaffirmed Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB' with a stable outlook, Agenda.ge reports. Fitch upgraded the country’s rating to 'BB' from 'BB-' …
Russia’s credit score at Fitch Ratings is back to where it was before the crisis in Ukraine almost half a decade ago, but uncertainty over U.S. penalties still stifles the nation’s ranking. "Sanctions overall have …
Russian Finance Minister Anton Siluanov commented on the decision of the international rating agency Fitch to upgraded Russia’s long-term issuer default ratings in local and foreign currencies to BBB from BBB- with a stable …
Russia's credit rating was lifted on Friday by Fitch Ratings, which cited strong fiscal policies and a commitment to inflation-targeting, Business Times reported. The sovereign rating was lifted to "BBB", the second lowest …
Saudi Aramco was the world's most profitable company in 2018 with net income of $111.1 billion, easily outstripping U.S. behemoths including Apple Inc. and Exxon Mobil Corp, Bloomberg reported with reference to Moody's Investors …
Georgia's Prime Minister Mamuka Bakhtadze has responded to Georgia’s improved standing in the Fitch rating. According to him, the promotion in the international rating agency means that the Georgian …
Fitch Ratings on Friday affirmed Russia’s credit rating at ‘BBB-‘ citing a strong sovereign balance sheet and robust external finances, Reuters reports. “The prospect of harsher additional US sanctions …
