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Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…
Madeline Berg
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
The looming office-real-estate crash will be worse than the Global Financial Crisis decline, Fitch says
Office values have dropped an estimated 35% this cycle and have yet to bottom out, Fitch Ratings sa…
Filip De Mott
Red Sea turmoil has sent shipping costs surging 150%, which will push inflation higher, Fitch says
Houthi attacks in the Red Sea have pushed shipping costs up, which could add 0.4 percentage points …
Filip De Mott
Adani’s stock rout can impact its ability to raise capital or refinance debt, says Moody’s
The rapid decline in the market capitalization of the Adani Group companies is likely to have an ad…
'Abercrombie & Fitch is cool again': A WallStreetBets post from 2 years ago nailed the clothing retailer's 305% meme-stock spike
At the time of the Reddit post, Abercrombie & Fitch stock traded at just over $32 per share, which …
Matthew Fox
Fitch's US debt-rating downgrade is bad news for stocks. Here's everything you need to know.
The ratings agency cut the US's credit score late Tuesday, citing rising debts and an "erosion of g…
George Glover
Sri Lanka okays Adani's USD 442-millon wind power plants in Mannar and Pooneryn
Green Energy Limited, for the two wind power plants. Also, the new project will generate 1,500-2,00…
ANI
Cyberattacks hold ‘potentially significant impact’ on countries’ credit ratings: Fitch Report
Cyberattacks are a growing risk with countries devoting more resources to defend against them, acco…
Future Retail has been downgraded - and now banks may have another problem
“The expected rating is based on the yet-to-be restructured FRL entity; under the restructuring,…
Adani Group stocks witness high volatility amidst war of words between the company and Hindenburg Research
All the nine Adani Group stocks experienced high volatility in trade on Monday as the war of words …
Air India gives more time to pilots to accept revised compensation structure
Air India has given more time to pilots to accept the revised compensation structure, which has bee…
PTI
Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports
Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…
TikTok has become a 'billion-person focus group' that can make or break your business with one viral video
Viral videos have given TikTok creators the power to dictate the next retail trends that can drive …
Jordan Hart
Abercrombie & Fitch is cool again, after years as the most hated retailer in the US, because it caught up to what millennials and Gen Z want
Abercrombie & Fitch's dimly lit, cologne-soaked stores are gone, replaced with the down-to-earth, l…
Hillary Hoffower,Dominic-Mado…
Gautam Adani’s overly ambitious growth plans can spiral into a massive debt trap: CreditSights report
Billionaire Gautam Adani, the world’s fourth richest man, has entered several new businesses in the…
Adani group stocks continue to plummet – lose ₹31,534 crore in market capitalisation on Monday
Adani group stocks continued to be under intense selling pressure on Monday. The group’s market cap…
Memory care facility for dementia patients starts in Gurgaon
A one-of-its-kind facility , especially curated for senior citizens with ambulatory, neurological a…
PTI
CreditSights tones down its comments on Adani Group’s debt position after a meeting with the company
Earlier in August, CreditSights, a Fitch Group unit, came out with a report stating that the Adani …
Adani group sheds ₹94,000 crore in value after a report says it’s ‘deeply over-leveraged’
A CreditSights report on the Adani Group that called it ‘deeply over-leveraged’ sent panic waves am…