Fitch Affirms Bright Food's Rating at 'A-'; Outlook Stable

Fitch Affirms Bright Food's Rating at 'A-'; Outlook Stable

Fitch Ratings – Hong Kong/Shanghai – 19 May 2021: Fitch Ratings has affirmed China-based food conglomerate Bright Food (Group) Co., Ltd.’s (BFG) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A-‘ with a Stable Outlook. The agency has also …
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Adani Green to Buy SoftBank's $3.5 Billion Renewables Unit

Adani Green Energy Ltd. said it has agreed to buy SoftBank Group Corp.’s renewable power business in India, as it seeks to accelerate efforts to expand capacity. The firm, controlled by billionaire Gautam Adani, signed pacts for the acquisition of a 100% …
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Specter of 1960s Inflation Take-Off Haunts US Economy Today

2021? No, 1965, a year that marked the start of a years-long climb in inflation to double-digit levels the following decade. That’s an upward trend that some experts fear could be about to begin today, as a super-charged federal budget combines with a lax …
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Experian sees robust revenue growth on crisis-driven demand for data

May 19 (Reuters) – Experian EXPN.L expects a 15-20% organic revenue growth in the current quarter, the world’s largest credit data firm said on Wednesday, after strong demand for its analytics services during the pandemic drove its annual earnings higher.
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UK Annual Inflation Rose to 1.5% in April

The pickup comes amid heightened anxiety in financial markets over inflation after consumer prices in the U.S. recorded their biggest annual jump since 2008 as economic recovery revved up. Advertisement. Consumer …
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