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5 mins read

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   


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2 mins read

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   


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2 mins read

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   


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2 mins read

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   


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3 mins read

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…

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4 mins read

'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   


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2 mins read

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   


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1 min read

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   


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3 mins read

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…

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2 mins read

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,…

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8 mins read

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 …

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2 mins read

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   


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1 min read

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…

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3 mins read

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   


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5 mins read

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…   


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4 mins read

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…

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6 mins read

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…

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1 min read

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   


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3 mins read

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 …

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6 mins read

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…