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Moody's: Latin American rated bank debt issuance to decline again in 2015

Mar 23, 2015 15:18 pm UTC| Research & Analysis

In 2015, debt issuance by rated banks throughout Latin America will decline again, as it has for the last two years, according to "Latin America Bank Debt Report: Funding Needs Remain Subdued Amid Slow Growth," from Moodys...

Fitch: Better returns for Mexican pension funds in 2014

Mar 23, 2015 12:54 pm UTC| Research & Analysis

The outlook for Mexican pension funds (Siefores) is positive, according to a new Fitch Ratings report. In spite of economic fluctuations, the annual return of Siefores, as a weighted average of the system, was higher in...

Moody's: Stronger US dollar hurts countries with large external financing needs

Mar 23, 2015 09:03 am UTC| Research & Analysis

The strengthening US dollar has created external pressures in some countries, as reflected in weakened currencies and declining foreign exchange reserves, Moodys Investors Service says in research published today.Moodys...

Moody's: Stronger US dollar hurts countries with large external financing needs

Mar 23, 2015 04:10 am UTC| Research & Analysis

Fitch: Colombian electric demand continues to lag GDP growth

Mar 20, 2015 15:42 pm UTC| Research & Analysis

Fitch Ratings expects electric demand in Colombia to continue to lag real gross domestic product (GDP) growth albeit with a shrinking gap over the short to medium term. This is due to low industrial electricity consumption...

Fitch's 'Inside Credit': Growth in 3 largest major advanced economies to increase in 2015

Mar 20, 2015 15:04 pm UTC| Research & Analysis

In the latest edition of Inside Credit, Fitch Ratings predicts that world GDP growth will strengthen to 2.7% in 2015 and 3.0% 2016, up from 2.5% in 2014, driven by recovery in major advanced economies.This year will be the...

Fitch: Strong sovereign support for eskom despite suspension of key executives

Mar 20, 2015 14:09 pm UTC| Research & Analysis

Fitch Ratings continues to assess the links between the government of South Africa (BBB+/BBB/Negative) and its utility company Eskom Holdings (SOC) Ltd as strong following the suspension of the companys key executives on...

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Economy

Russian Envoy Dmitriev Heads to US for Ukraine Talks

Russian presidential envoy Kirill Dmitriev is traveling to the United States for talks with Trump administration representatives, including Steve Witkoff and Jared Kushner, as Washington and Moscow continue diplomatic...

U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise

U.S. Treasury yields surged Wednesday as stronger economic data, renewed inflation concerns and hawkish Federal Reserve comments triggered a sharp bond sell-off. The benchmark 10-year Treasury yield climbed to its highest...

US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit

The United States and China have agreed to extend their trade truce, known as the Busan Agreement, until Jan. 10, giving the worlds two largest economies additional time to negotiate a broader economic agreement. U.S....

Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions

Wall Street ended sharply lower Wednesday as surging U.S. Treasury yields pressured technology stocks, while investors monitored renewed U.S.-Iran tensions and Chinese President Xi Jinpings visit to Washington. The SP 500...

Oil Prices Surge as U.S.-Iran Diplomacy Hopes Fade

Oil prices rebounded sharply on Wednesday, snapping a five-session losing streak as renewed tensions between the United States and Iran reduced expectations for a diplomatic breakthrough. Brent crude futures for November...

Politics

US Officials Split Over Response to Israeli West Bank Settlements

A proposed U.S. statement criticizing the UK, France and Canada over restrictions on imports from Israeli settlements in the occupied West Bank was ultimately shelved amid disagreements within the Trump administration,...

Europe Warns Russia Is Escalating Hybrid Attacks Across NATO

European officials have warned that Russia is intensifying hybrid attacks across Europe, including cyberattacks, sabotage and airspace violations, in an effort to weaken Western support for Ukraine. Speaking during the UN...

Gaza Faces Evacuation Crisis as War-Damaged Buildings Risk Collapse

Gaza authorities are struggling to evacuate residents from hundreds of war-damaged buildings at risk of collapse, citing shortages of heavy equipment, funding and safe land for displaced families. The danger intensified on...

Trump Administration Plans Faster FDA Reviews for Smoke-Free Nicotine Products

The Trump administration is preparing to overhaul the U.S. regulatory process for smoke-free nicotine products, potentially creating a faster route to market for vapes and nicotine pouches, according to The Wall Street...

Venezuela Promises Elections as Delcy Rodriguez Pledges Democratic Transition

Venezuela will hold elections as part of a transition toward what interim President Delcy Rodriguez described as full democracy, although she did not provide a specific date for the vote. Speaking at the United Nations...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Connect Spotlights Camera-Free Smart Glasses Amid Privacy Concerns

Meta Platforms opened its annual Connect conference on Wednesday, with the technology giant expected to introduce new smart glasses as it seeks to expand its lead in AI-powered wearable devices while addressing mounting...

Anthropic’s Claude Discovers CRISPR-Like Enzyme System

Anthropic has launched a new life sciences research group and laboratory focused on fundamental biology, with its Claude AI model already contributing to the discovery of a previously unknown enzyme system that shares...

Microsoft Stock Upgraded as Stifel Sees Stronger Azure Growth

Stifel upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold and lifted its price target to $575 from $530, citing stronger confidence in the technology giants ability to maintain mid-to-upper-teens revenue growth. Analysts...

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...