News Muncher - category fitch

18 hours, 45 minutes ago

Millions in bonds for Israel put US states at odds with investment policies

US states spend millions on Israeli investments but risk non-compliance with their own policies. At least four other states that have bought Israeli bonds since October 2023 could also face non-compliance if Israel’s credit is lowered further. If Israel’s credit is further downgraded, at least four other US states may also have to halt purchases of Israeli bonds: Ohio, Georgia, …

Florida Credit Money States Ohio State Louisiana

1 week ago

1100% rally in 5 years! Multibagger small-cap stock jumps after Fitch rating upgrade

Live Mint

Multibagger Small-cap Stock: Shares of Hi-Tech Pipes Ltd., a prominent player in India’s steel tube and pipe industry, gained nearly 5 per cent on Monday, December 16 as India Ratings & Research, a Fitch Group company, upgraded the firm's credit ratings. Hi-Tech Pipes share price history Hi-Tech Pipes share price gained 4.47 per cent to ₹171.75 in intra-day trade. Hi-Tech …

Price Company Ratings Ind Cent Bse Pipes

1 week, 3 days ago

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Live Mint

India's growth forecast: US-based credit rating agency, Fitch Ratings on Friday revised India's GDP forecast to 6.4 per cent to 7 per cent for FY25. This cut comes after the Reserve Bank of India, in its recent monetary policy committee, revised India's growth forecast to 6.6 per cent from 7.2 per cent. In the July-September quarter of FY25, the Indian …

Growth Rbi Gdp Indian Economy 7 Per Cent India Fy25 Cent Fitch

2 weeks ago

Forint gains after Fitch lifts Hungary’s outlook

Live Mint

WARSAW, Dec 9 - The forint led currency gains in emerging Europe on Monday after Fitch lifted its outlook for Hungary, while the euro held firm against the dollar to boost risk appetite. The Polish zloty was up 0.2% at 4.2585 per euro, near its strongest levels since late September, continuing to gain after the National Bank of Poland held …

Poland Change Late Polish Hungary Czech Fitch

2 weeks, 4 days ago

Myntra to Launch Abercrombie & Fitch and Hollister Stores in India

Live Mint

Myntra, the Flipkart-backed online fashion retailer, on Thursday announced a multi-year franchise partnership with NYSE-listed Abercrombie & Fitch Co., setting the stage for the launch of Abercrombie & Fitch and Hollister stores in India. “We are thrilled to partner with Myntra Jabong to more deeply engage with new and existing customers in India,"said Fran Horowitz, chief executive officer, Abercrombie & …

India Retail Abercrombie Fitch Myntra Hollister Fashion Brands

3 weeks, 4 days ago

China’s property slump may extend into 2025, Fitch Ratings says

Hindustan Times

-- China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings. China’s property slump may extend into 2025, Fitch Ratings says China’s new home prices will fall by another 5% next year, as measured by China’s official statistics bureau, or roughly …

China Wang Fitch Fitch Ratings

3 weeks, 6 days ago

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable

Live Mint

US-based rating agencies Moody’s and Fitch on Tuesday lowered their outlook for bonds of Adani group companies to negative from stable, following the bribery charges and indictment of certain board members of Adani Green Energy Ltd, including group chairman Gautam Adani, by the US Securities and Exchange Commission, and Department of Justice. Despite the group's assertions about its financial health, …

Funding Group Adani Rating Fitch Negative Outlook

Fitch Ratings says it may cut some Adani Group bonds to junk status

Live Mint

Fitch Ratings may cut some Adani Group bond ratings to speculative territory after billionaire founder Gautam Adani was charged by the U.S. Justice Department in a bribery scheme. Fitch placed the BBB- rating on Adani Ports & Special Economic Zone’s U.S. dollar senior unsecured bonds on watch for a possible downgrade. The move comes after S&P Global Ratings last week …

Ratings Group Adani Rating

1 month, 2 weeks ago

Horizons Middle East & Africa 11/05/2024

Bloomberg

This is Horizon's Middle East and Africa. So obviously, we're talking a lot about oil and some of these big energy themes in addition to the number one talk of the town here today, and that is those US elections. I mean, look, it's I think at Ipac, the oil ministers have been saying this for years, especially the ones …

India Energy Europe Singapore China Africa Market

1 month, 3 weeks ago

Ex-Abercrombie CEO Jeffries Pleads Not Guilty to Sex Trafficking Charges

Live Mint

Former Abercrombie & Fitch CEO Mike Jeffries has pleaded not guilty to charges of sex trafficking involving male models. He appeared in the US District Court for the Eastern District of New York and denied the allegations. Jeffries, along with his partner Matthew Smith and son, will remain under house arrest with electronic monitoring. The case dates back to 2023 …

Entertainment Law Crime Sex Trafficking New York

Abercrombie CEO Michael Jeffries to Appear in Court on Sex Trafficking Charges

Associated Press

Former Abercrombie & Fitch CEO Michael Jeffries is expected to be arraigned on federal sex trafficking and interstate prostitution charges in a New York court. The charges allege that Jeffries lured men into taking part in sex parties by dangling the promise of modeling for the clothing retailer, once famous for its preppy, All-American aesthetic and marketing with shirtless male …

Entertainment Business Law Crime New York

1 month, 4 weeks ago

Abercrombie CEO Mike Jeffries Arrested on Sex Trafficking Charges

Hindustan Times

Former Abercrombie & Fitch CEO Mike Jeffries has been arrested on charges of sex trafficking and interstate prostitution. He allegedly created fake job interviews where he sexually assaulted male models. Jeffries, 80, became the CEO of the company in 1996 and stepped down in 2014 after reports of struggling sales. He became the chairman in 2013 and stepped down in …

Government Law Crime Sex Trafficking West Palm Beach

Abercrombie CEO Mike Jeffries Arrested on Sex Trafficking Charges

Hindustan Times

Former Abercrombie & Fitch CEO Mike Jeffries has been arrested on charges of sex trafficking and interstate prostitution. He grew up in Los Angeles and became the CEO of the company in 1996. Jeffries stepped down as CEO in 2014 after reports of struggling sales. He was arrested a few days ago on the alleged charges, along with his longtime …

Government Law Crime Sex Trafficking West Palm Beach

1 month, 4 weeks ago

Abercrombie CEO Michael Jeffries Pleads Not Guilty to Sex Trafficking Charges

CNN

Former Abercrombie CEO Michael Jeffries pleaded not guilty to 16 charges of sex trafficking and international prostitution. He was indicted on 16 federal counts of sex trafficking and international prostitution and is accused of leveraging a network of employees, contractors and security professionals while he led the retailer.

New York City

Abercrombie CEO and Associates Charged with Sex Trafficking and Prostitution

Hindustan Times

Former Abercrombie & Fitch CEO Mike Jeffries and two others have been arrested on sex trafficking charges. The charges come after years of sexual misconduct allegations, made in civil lawsuits and the media, from young people who said Jeffries lured them with promises of modeling work and then pressed them into sex acts.

Entertainment Law Crime Sex Trafficking New York

Abercrombie CEO Michael Jeffries Arrested on Sex Trafficking Charges

Associated Press

Former Abercrombie & Fitch CEO Michael Jeffries and two other men have been arrested on sex trafficking and interstate prostitution charges. Details of the charges weren’t immediately available, but they come after years of sexual misconduct allegations from young people who said Jeffries lured them with promises of modeling work and then pressed them into sex acts.

Entertainment Law Crime Sex Trafficking

2 months ago

Abercrombie CEO Mike Jeffries Indicted on Sex Trafficking Charges

CNN

Former Abercrombie & Fitch CEO Mike Jeffries has been indicted on 16 federal counts of sex trafficking and international prostitution in New York. He is accused of leveraging a network of employees, contractors, and security professionals to run a business that was dedicated to fulfilling their sexual desires and ensuring that their international sex trafficking and prostitution business was kept …

Entertainment Law Crime Funny New York City

3 months, 1 week ago

More men accuse Abercrombie & Fitch boss Mike Jeffries and his British partner of sexual exploitation - as some claim their penises were injected with 'liquid Viagra'

Daily Mail

More men have come forward with accounts of being recruited and exploited for sex at events hosted by the fashion guru who turned Abercrombie & Fitch into a global clothing powerhouse and his partner. In addition, one alleged abuse survivor claimed one of Jeffries' assistants had been working for A&F as he supervised the sex events - reportedly using a …

Sex Allegations Parties Men Man Smith Fbi

3 months, 2 weeks ago

A man ran to rescue car crash survivors. He died hours later

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Car Fox Ran Headlines Email Fitch

3 months, 3 weeks ago

Moody's Raises India's GDP Growth Forecast to 7.2% Vs 6.8% Earlier, Fitch Affirms Rating

News 18

Moody’s raised India’s growth projection for 2024 and 2025 citing signs of improving rural demand, while Fitch affirmed the country’s sovereign credit rating, the agencies said in separate releases on Thursday. “These forecast changes assume strong broad-based growth and we recognize potentially higher forecasts if the cyclical momentum, especially for private consumption, gains more traction,” Moody’s said. “Nevertheless, 6%-7% growth …

India Fitch Growth Forecast

4 months ago

Gaza war extends toll on Israel’s economy

Al Jazeera

Heightened tensions between Israel and Iran could incur ‘significant additional military spending’ for Israel, further straining its finances. Separately, Fitch warned that heightened tensions between Israel and Iran could incur “significant additional military spending” for Israel. Garside noted, “We are yet to see any major cutbacks to other parts of the budget, although it is likely that cuts will be …

Economy Military War Budget Costs Iran Palestinian

4 months, 3 weeks ago

Fitch Upgrades Pakistan Credit Rating on Better External Funding

Hindustan Times

Fitch Ratings raised Pakistan’s credit rating, citing reduced risks from external funding after it secured a new bailout from the International Monetary Fund. Fitch upgraded Pakistan to CCC+ from CCC, suggesting while the nation remains below investment grade, there is a lower chance of a default now. The previous IMF bailout “helped the country narrow fiscal deficits and rebuild foreign …

Pakistan Ccc External Funding

4 months, 3 weeks ago

Govt. on track to reduce fiscal deficit: Fitch

The Hindu

Fitch Ratings on Friday exuded confidence that the Government of India should be able to achieve its enhanced goal of reducing the fiscal deficit to 4.9% of GDP this year, and further below 4.5% of GDP next year, but noted that the post-election Budget did not provide much clarity on medium-term targets. While the Budget did highlight “a desire to …

India Budget Fiscal Deficit

6 months ago

Fitch Raises India's Growth Estimates for FY'25 to 7.2 pc

Deccan Chronicle

New Delhi: Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment. For the fiscal years 2025-26 and 2026-27, Fitch projected growth rates of 6.5 per cent and 6.2 per cent, respectively. "We expect the Indian economy to …

India Indian Consumer Spending Cent Fitch Projected Growth Estimates

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Articles for Fitch

Millions in bonds for Israel put US states at odds with investment policies

1100% rally in 5 years! Multibagger small-cap stock jumps after Fitch rating upgrade

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Forint gains after Fitch lifts Hungary’s outlook

Myntra to Launch Abercrombie & Fitch and Hollister Stores in India

China’s property slump may extend into 2025, Fitch Ratings says

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable

Fitch Ratings says it may cut some Adani Group bonds to junk status

Horizons Middle East & Africa 11/05/2024

Ex-Abercrombie CEO Jeffries Pleads Not Guilty to Sex Trafficking Charges

Abercrombie CEO Michael Jeffries to Appear in Court on Sex Trafficking Charges

Abercrombie CEO Mike Jeffries Arrested on Sex Trafficking Charges

Abercrombie CEO Mike Jeffries Arrested on Sex Trafficking Charges

Abercrombie CEO Michael Jeffries Pleads Not Guilty to Sex Trafficking Charges

Abercrombie CEO and Associates Charged with Sex Trafficking and Prostitution

Abercrombie CEO Michael Jeffries Arrested on Sex Trafficking Charges

Abercrombie CEO Mike Jeffries Indicted on Sex Trafficking Charges

More men accuse Abercrombie & Fitch boss Mike Jeffries and his British partner of sexual exploitation - as some claim their penises were injected with 'liquid Viagra'

A man ran to rescue car crash survivors. He died hours later

Moody's Raises India's GDP Growth Forecast to 7.2% Vs 6.8% Earlier, Fitch Affirms Rating

Gaza war extends toll on Israel’s economy

Fitch Upgrades Pakistan Credit Rating on Better External Funding

Govt. on track to reduce fiscal deficit: Fitch

Fitch Raises India's Growth Estimates for FY'25 to 7.2 pc