Business and Economy

Business and Economy Latest News

Fitch downgrades French debt to AA-, outlook stable
Fitch downgrades French debt to AA-, outlook stable
by  AFP

Credit ratings agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming the country's "fiscal metrics are weaker than peers "Public finances, and in particular the high level of government debt, are a rating weakness," Fitch said in a commentary on its rating action which said the country's outlook was stable.

US Fed calls for tougher bank rules after SVB collapse
US Fed calls for tougher bank rules after SVB collapse
by  AFP

The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.

Energy

Money

Industry

Technology

Economy