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China to Adopt Credit Ratings for Food, Drug Producers

Dec 17, 2015

China Food and Drug Administration announced on Tuesday that a credit rating system will be introduced into the food and drug industries. The authorities plan to collect information about credit standing of food and drug producers and ...

Tags: Food, Drug Producers, Credit Ratings

Peer-to-Peer Lending Is Facing Its First Serious Government Regulation

Mar 9, 2015

Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...

Tags: Peer-to-peer lending, government regulation

Moody's Changed The Rating Outlook on Australian Steelmaker Bluescope Steel

Sep 24, 2014

International credit ratings agency Moody's has announced that it has changed the rating outlook on Australian steelmaker Bluescope Steel to positive from stable. At the same time, Moody's has affirmed Bluescope's Ba3 corporate family ...

Tags: steelmaker, Steel

Fitch Ratings Has Affirmed The Long-Term Rating of India-Based Tata Steel

Apr 15, 2014

International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...

Tags: Fitch, Steel's Outlook

Moody Has Downgraded Turkey's Outlook From Stable to Negative

Apr 11, 2014

International credit ratings agency Moody's has announced that it has downgraded Turkey's outlook from stable to negative, while affirming Turkey's Baa3 rating at its current level. Moody's said that the decision to change the outlook to ...

Tags: economy, Metallurgy, Mineral, Energy

Tanger Factory Outlet Centers, Inc Reported Its Financial Results

Feb 13, 2014

Tanger Factory Outlet Centers, Inc reported its financial results for the quarter and year ended December 31, 2013. Funds from operations ("FFO") available to common shareholders, a widely accepted supplemental measure of REIT ...

Tags: Tanger, Funds

Personal Data of 20 Million Bank and Credit Card Users in South Korea Has Been Leaked

Jan 19, 2014

The personal data of at least 20 million bank and credit card users in South Korea has been leaked, state regulators said Sunday, one of the country's biggest ever breaches. Many major firms in the South have seen customers' data leaked ...

Tags: Consumer Electronics, Electronics

Standard & Poor Raised Its Long-Term Corporate Credit Rating for Tata Steel UK

Dec 24, 2013

International credit ratings agency Standard & Poor's Ratings Services has announced that it has raised its long-term corporate credit rating for Tata Steel UK Holdings Ltd. to 'BB-' from 'B+'. The outlook is negative. S&P said that the ...

Tags: steel, metallurgy

Platt Fell to 29.7 Million Barrels Per Day (B/D) in November

Dec 19, 2013

Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 29.7 million barrels per day (b/d) in November, the lowest volume since mid-2011 when the uprising in Libya significantly reduced the ...

Tags: Platts, OPEC, oil production, Platts survey of OPEC

Fitch Ratings Affirmed Giant Arcelormittal's Rating at 'BB+',with The Outlook Being Stable

Dec 16, 2013

International credit ratings agency Fitch Ratings has affirmed Luxembourg-based global steel giant ArcelorMittal's rating at 'BB+', with the outlook being stable. Fitch stated that the credit rating affirmation and the stable outlook ...

Tags: steel, metallurgy

Standard and Poor's Announced The Lowering of Its Forecast for US GDP Growth for 2014

Dec 13, 2013

International credit ratings agency Standard and Poor's has announced the lowering of its forecast for US GDP growth for 2014 to 2.6 percent from the previous estimate of 3.1 percent, "amid the increased risks of a government stalemate and ...

Tags: GDP, metallurgy

The Acquisition of Thyssenkrupp's Alabama Is Modestly Negative

Dec 4, 2013

International credit ratings agency Moody's has stated that the acquisition of German steelmaker ThyssenKrupp's Alabama, US-based steel mill by the joint venture partnership between ArcelorMittal and Japan's Nippon Steel & Sumitomo Metal ...

Tags: steelmaker, metallurgy

Abundant Shale Natural Gas to Keep Petrochemical Producers in North America Well

Nov 25, 2013

Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: ...

Tags: platts, petrochemical, analytic, report, shale, gas, boom

Crude Oil Production From The OPEC Remained Unchanged at 29.93 Million Barrels Per Day

Nov 15, 2013

Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...

Tags: crude oil, OPEC, pump, platt

Severstal Has Announced Its Financial Results Turning to Loss in Q2

Aug 30, 2013

Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of 2013. Accordingly, in the second quarter Severstal registered a net loss of $44 million, compared to a net profit of $155 million ...

Tags: steel, Metallurgy, Mineral

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