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Published on Oct 11, 2024

AM Best upgrades credit ratings of GIC Re's to 'A-' (Excellent)

State-owned General Insurance Corporation of India (GIC Re) on Friday announced that it has received an upgrade in its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognised credit rating agency, to “A- …

Source: Business Standard - Center-right
Published on Oct 11, 2024

France Credit Rating Cut to Negative by Fitch on Wider Deficits

(Bloomberg) -- 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 deterioration in public finances. Most Read from …

Source: Yahoo Finance - Label Pending
Published on Oct 11, 2024

Boeing At Risk Of Becoming US' Greatest Ever 'Fallen Angel' With Junk Status Credit Rating

With credit rating agencies looking at the status of Boeing and its debt, the company could become the biggest 'fallen angel' if the aircraft manufacturer’s status is downgraded to junk. Boeing’s $52 billion index-eligible debt in question …

Source: Simple Flying - Neutral
Published on Oct 11, 2024

Fredericksburg gets bond rating upgrade from prestigious credit rating agency

A prestigious international credit rating firm has upgraded Fredericksburg’s general obligation bond rating for the first time in more than a decade, city officials announced this week. Moody’s Rating Service has increased the city’s rating from Aa2 to Aa1 …

Source: Fredericksburg Free Lance Star - Virginia - Neutral
Published on Oct 11, 2024

Supreme Ventures maintains 'good' credit rating from CariCRIS

By Javaughn Keyes Gaming and lottery company Supreme Ventures has maintained a 'good' credit rating from the Caribbean Information and Credit Rating Services (CariCRIS). A CariA rating has been reaffirmed for Supreme Ventures, by the credit …

Source: Radio Jamaica - Neutral
Published on Oct 10, 2024

Stable outlook for Bank Windhoek from Global Credit Rating

The Global Credit Rating (GCR) agency recently affirmed a stable outlook for Bank Windhoek. This is as the ratings agency affirmed the bank’s Namibian long and short-term national scale issuer ratings AA(NA)/A1+(NA), respectively. At the same time, …

Source: New Era - Label Pending
Published on Oct 10, 2024

Mahindra & Mahindra Financial Services receives affirmation in credit ratings for NCDs

Mahindra & Mahindra Financial Services has received reaffirmation in credit ratings on non-convertible debentures as under: 1 Secured non-convertible debenture (NCD privately placed) Rs 14,288.50 crore - CARE AAA; Stable Click here to connect with us …

Source: Business Standard - Center-right
Published on Oct 10, 2024

Ithaca credit ratings upgraded after Eni UK combination

Ithaca Energy announced on Thursday that, following the completion of its business combination with Eni’s UK upstream oil and gas assets on 3 October, its credit ratings had been upgraded by multiple agencies. The FTSE 250 company said Fitch Ratings raised …

Source: ShareCast - Label Pending
Published on Oct 10, 2024

Golden Tree Reinsurance secures stable credit ratings from AM Best

The company’s capital base has also shown consistent growth, driven by strong underwriting practices, resulting in a 29.8% return-on-equity ratio in 2023. AM Best expects Golden Tree to remain an integral part of the group’s strategy, especially as it …

Source: Insurance Business - Neutral
Published on Oct 9, 2024

Fitch signals possible upgrade for Sri Lanka's credit rating

COLOMBO, Oct. 9 (Xinhua) -- Fitch Ratings announced on Wednesday that they may upgrade Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) from Restricted Default (RD) status once the country completes a commercial debt restructuring. …

Source: Xinhua News Agency - Gov't Propaganda
Published on Oct 9, 2024

Star Health Insurance Receives Credit Rating Upgrade from Ind-Ra

Star Health Insurance has achieved a significant milestone with an upgrade in its credit rating from India Ratings and Research (Ind-Ra). The company’s Long-Term Issuer Rating has been elevated to ‘IND AA+’ from ‘IND AA’, with a maintained Stable outlook. …

Source: Times News Global - Pro-Government
Published on Oct 9, 2024

Boeing Says 'Further Negotiations Do Not Make Sense' After Striking Workers Bring Down Planemaker's Credit Rating

Boeing Co. BA announced that further negotiations with striking workers are currently unfeasible. According to a statement released on Tuesday, the strike in the Pacific Northwest has significantly disrupted the company’s operations, affecting both …

Source: Benzinga - Neutral
Published on Oct 9, 2024

Boeing's Credit Rating On Negative Watch By S&P As Machinist Strike Enters 4th Week

Boeing Co.’s BA credit rating has been placed under negative watch by S&P Global Ratings due to the ongoing strike by the company’s machinist union, which has entered its fourth week. What Happened: The rating agency placed Boeing’s “BBB” issuer credit …

Source: Benzinga - Neutral
Published on Oct 11, 2024

Boeing to cut 17,000 jobs as losses deepen during factory strike

Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. Boeing expects to report a loss of an $9.97 a share in the third quarter, the …

Source: NBC News - Center-left
Published on Oct 11, 2024

Boeing to lay off 10% of staff, delay first 777X delivery

US aerospace company, Boeing announced Friday that it plans to cut 17,000 jobs, or 10% of its global workforce, as it forecasts a significant loss for the third quarter following a machinists' strike in the Seattle area. Boeing workers affiliated with …

Source: Deutsche Welle - Public Broadcaster
Published on Oct 11, 2024

Boeing to axe 17,000 jobs amid strike and quality concerns

Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that "executives, managers, and employees'…

Source: BBC - Public Broadcaster
Published on Oct 11, 2024

Boeing to axe 17,000 jobs amid strike and quality concerns

Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that "executives, managers, and employees'…

Source: BBC - Public Broadcaster
Published on Oct 9, 2024

Fitch Ratings: Morocco's debt burden weighs on credit rating, but outlook remains stable

Fitch Ratings confirmed Tuesday Morocco’s ability to meet long-term foreign-currency debt obligations at a ‘BB+’ rating with a Stable Outlook. The rating is supported by sound economic policies, strong official creditor backing, and a manageable debt …

Source: Hespress - Neutral
Published on Oct 9, 2024

“S&P” Upgrades Mongolia's Credit Rating to "B+"

Ulaanbaatar, October 9, 2024 /MONTSAME/. The Ministry of Finance of Mongolia announced on October 4, 2024, that the “S&P” international agency upgraded Mongolia’s credit rating to “B+ Outlook positive.” The Fitch Ratings international agency …

Source: Montsame News Agency - Pro-Government

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Published on October 10, 2024 - 20:00 GMT

TrustCo to Release Third Quarter 2024 Results on October 21, 2024; Conference Call on October 22, 2024

GLENVILLE, N.Y., Oct. 10, 2024 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2024 results after the market close on October 21, 2024. Results are released on the 21st of the reporting …

Distribution channels: Banking, Finance & Investment Industry ...
Published on October 10, 2024 - 09:21 GMT

Digital Mortgage Software Market to Reach $35.3 billion, Globally, by 2032 at 24.7% CAGR: Allied Market Research

Wilmington, Delaware, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Digital Mortgage Software Market by Component (Solutions and Services), Deployment Mode (On-Premises and Cloud), Enterprise Size (Large …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...

Published on October 9, 2024 - 16:23 GMT

Anticipated Expansion: Embedded Finance Market Expected to Hit US$ 622.9 Billion by 2030, Demonstrating a 25.4% (CAGR)

Anticipated Expansion: Embedded Finance Market Expected to Hit US$ 622.9 Billion by 2030, Demonstrating a 25.4% (CAGR) NEW CASTLE, DE, UNITED STATES, October 9, 2024 /⁨EINPresswire.com⁩/ -- Embedded finance means incorporating financial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on September 20, 2024 - 11:41 GMT

South Australia maintains credit rating according to Moody\'s

Release date: 20/09/24 South Australia has maintained its Aa1 credit rating and its stable outlook, according to global ratings’ agency, Moody’s. In part, Moody’s says South Australia’s credit profile is underpinned by a strong institutional …

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Published on September 19, 2024 - 12:28 GMT

Kaspi.kz receives first international credit rating

ALMATY, Kazakhstan, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz has received its first international credit rating. Fitch rates Kaspi.kz investment grade BBB- with a stable outlook. This rating is separate from Kaspi Bank, a component of Kaspi.kz’s Fintech …

Distribution channels: Media, Advertising & PR, Technology ...
Published on September 12, 2024 - 11:21 GMT

Lianhe Ratings Global Limited (“Lianhe Global”) Scoops the Award of Best Chinese International Credit Rating Agency 2024

Lianhe Ratings Global Limited (“Lianhe Global”) wins as the Best Chinese International Credit Rating Agency 2024 at International Business Magazine Awards 2024 DUBAI, UAE, September 12, 2024 /⁨EINPresswire.com⁩/ -- Lianhe Ratings Global Limited (“ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on September 10, 2024 - 20:46 GMT

Weatherford Announces S&P Credit Rating Upgrade To ‘BB-’ From 'B+', Positive Outlook

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the Company’s issuer credit rating has recently been upgraded to ‘BB-’ from 'B+' by S&P Global Ratings (“S …

Distribution channels: Mining Industry ...
Published on October 8, 2024 - 13:00 GMT

EnWave Secures $5 Million Revolving Credit Facility with Desjardins for Growth and Working Capital Purposes

VANCOUVER, British Columbia, Oct. 08, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed a revolving credit facility agreement (the “Credit Facility”) with Desjardins …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...

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Published on October 12, 2024 - 01:30 GMT

Home Office Furniture Market Growing at 8.8%, to Hit USD $7.61 Billion | Growth, Share Analysis, Company Profiles

Home Office Furniture Market - Asia-Pacific region is projected to witness the fastest CAGR of 10.7% during the forecast period. WILMINGTON, DE, UNITED STATES, October 12, 2024 /⁨EINPresswire.com⁩/ -- According to the report published by Allied …

Distribution channels: Business & Economy, Consumer Goods ...
Published on October 12, 2024 - 00:00 GMT

Dr. Heather Lamb Discusses the Emotional Impact of People-Pleasing During Emotional Wellness Month

Dr. Heather Lamb examines the mental health impact of people-pleasing during Emotional Wellness Month, offering strategies to reduce stress and set boundaries BALTIMORE , MD, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- As October marks …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on October 12, 2024 - 00:00 GMT

MethodHub Sponsors Inaugural Capital Women Cricket League

MethodHub sponsors the inaugural Capital Women Cricket League featuring 6 teams from the US with a few players from Canada RICHMOND, VA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- MethodHub, a midsize software services company with …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 11, 2024 - 23:15 GMT

USD 2,351.3 Million Razor Blade Market Value Cross by 2028 | Top Players such as - BIC, Edgewell

The global razor blade market is expected to reach $2,351.3million by 2028 at a CAGR of 1.1% from 2021 to 2028. WILMINGTON, DE, UNITED STATES, October 12, 2024 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market …

Distribution channels: Business & Economy, Consumer Goods ...
Published on October 11, 2024 - 23:00 GMT

EKRUZER Launches Thrilling Alternate Reality Game at PAX Gaming Event in Melbourne

EKRUZER'S ALTERNATE REALITY GAME LAUNCHES MELBOURNE, VICTORIA, AUSTRALIA, October 12, 2024 /⁨EINPresswire.com⁩/ -- EKRUZER is excited to announce the launch of its highly anticipated Alternate Reality Game (ARG), debuting at the PAX Gaming …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on October 11, 2024 - 22:32 GMT

VARELA Gives Back for Hurricane Helene and Milton Relief Efforts

VARELA Skin and Hair Care, LLC has announced they will donate a percentage of all profits in October for hurricane relief efforts. DALLAS, TX, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Varela Skin and Hair Care, LLC which operates …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on October 11, 2024 - 22:19 GMT

Altis IDE Study: Two Year Study Reveals No New AEs at 24 Months

Study of women using the Altis device revealed low rates of adverse events in the first year, but raises concerns about long-term effects and device design SANTA BARBARA , CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- “One …

Distribution channels: Business & Economy, Education ...
Published on October 11, 2024 - 22:04 GMT

TRILOGY Presenting Award to Sen. Elgie Sims, Feat. Chicago Historian Dilla as Keynote, at Oct. 24 Mental Health Gala

Chicago-based mental health nonprofit holding Breaking Down Walls Gala, raising funds for communities that need more mental healthcare CHICAGO, IL, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- TRILOGY, a Chicago-based nonprofit …

Distribution channels: Business & Economy, Companies ...
Published on October 11, 2024 - 22:00 GMT

Why UK Hotels Can’t Afford to Ignore Cashless Tipping: TipBrightly Leads the Charge with QR Code Solution

TipBrightly, a leader in digital tipping will attend the Hotel & Resort Innovation Expo on October 15-16, 2024 in London in light of the UK Employee Tipping Act MOUNTAIN VIEW, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 11, 2024 - 21:52 GMT

Carissa Summer Rose New Single “Try Again” Out Now, Performing Live at Viper Room this Friday

Carissa Summer Rose New Single “Try Again” Out Now, Performing Live at Viper Room this Friday MALIBU, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Rising star Carissa Summer Rose, the 23-year-old singer-songwriter known for her …

Distribution channels: Amusement, Gaming & Casino, Business & Economy ...
Published on October 11, 2024 - 20:31 GMT

Former SECDEF Panetta Shared Concerns, Insights During Guest Lecture at NPS

Former Secretary of Defense Leon Panetta spoke to more than 1,300 students, faculty and staff in a packed auditorium at the Naval Postgraduate School (NPS). MONTEREY, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Leadership, …

Distribution channels: Business & Economy, Education ...
Published on October 11, 2024 - 20:25 GMT

B2i Digital Acting as Marketing Partner for Maxim Group's 2024 Healthcare Virtual Summit

B2i Digital to highlight over 80 healthcare companies as the Marketing Partner for Maxim Group's 2024 Virtual Healthcare Summit, October 15-17 NEW YORK, NY, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- NEW YORK, NY/ OCTOBER 11, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 11, 2024 - 20:17 GMT

Safety Company Aids Drivers Heading into Disaster Areas

INFINIT-I Online Training Gives Away Emergency Driving Videos for Trucking Companies and School Bus Drivers in the Path of Hurricanes TEXARKANA, AR, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- After a pair of devastating natural …

Distribution channels: Business & Economy, Emergency Services ...
Published on October 11, 2024 - 20:12 GMT

South Korean SaaS Innovators Set to Revolutionize MENA’s Cloud Market at Dubai Showcase from October 13 to 16

12 Startups with $100 Million in Combined Revenue & 4 Days of Cloud Innovation to Offering an Exclusive Glimpse at Next Big Tech Opportunities DUBAI, DUBAI, UNITED ARAB EMIRATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- As geopolitical shifts …

Distribution channels: Business & Economy, Companies ...
Published on October 11, 2024 - 20:00 GMT

ADO Laboratory is Pushing Innovation in the E-Bike Industry

HONG KONG, October 11, 2024 /⁨EINPresswire.com⁩/ -- Since obtaining SGS certification in 2022, ADO Laboratory has emerged as a key player in ADO Ebike’s commitment to safety, quality, and innovation within the e-bike industry. The ongoing success …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 11, 2024 - 20:00 GMT

Palo Alto University Launches Presidential Search

Palo Alto University, a leading institution in behavioral health education, is searching for its fourth President in the approach to its 50th anniversary. PALO ALTO, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Palo Alto University …

Distribution channels: Business & Economy, Education ...
Published on October 11, 2024 - 19:59 GMT

Dangbei Announces Projector Deals for October Prime Day 2024

Dangbei offers deep discounts across the entire range of home theater projectors from October 8-14. TUMWATER, WA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Dangbei, an innovator in smart entertainment, has unveiled special projector …

Distribution channels: Business & Economy, Consumer Goods ...
Published on October 11, 2024 - 19:54 GMT

Pride Detox: An Affirming LGBTQ+ Specific Inpatient Detox and Residential Treatment Center Opens in Long Beach, CA

New LGBTQIA+ Affirming Detox Center Opens in Long Beach, Offering Safe, Supportive Addiction Recovery Services for Queer and Trans Individuals. LONG BEACH, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Pride Detox is proud to …

Distribution channels: Business & Economy, Companies ...
Published on October 11, 2024 - 19:29 GMT

NATP Expresses Concern Over Intuit's Recent Ad Campaign Encouraging Taxpayers to Bypass Professional Preparers

APPLETON, WI, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- The National Association of Tax Professionals (NATP), representing over 24,000 dedicated tax professionals nationwide, is deeply disappointed by Intuit's recent advertising …

Distribution channels: Business & Economy, Companies ...
Published on October 11, 2024 - 19:17 GMT

Pro Team Works Urges Chicago Residents to Schedule Window Washing Before Cold Weather Arrives

As winter approaches, local companies are shifting focus to gutter cleaning, making this the last chance for window washing services in Chicagoland. HILLSIDE, IL, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- As the colder months …

Distribution channels: Building & Construction Industry, Business & Economy ...