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5 mins read
Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…
Madeline Berg
4 mins read
Ex-Abercrombie & Fitch CEO was involved in sex trafficking for 6 years while he was at the company's helm, prosecutors say
Mike Jeffries, the former CEO of Abercrombie & Fitch, his partner, and a third man have been arrest…
Alex Bitter,Natalie Musumeci
1 min read
Fitch retains India rating at 'BBB-' with stable outlook
India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.
PTI
3 mins read
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…
PTI
5 mins read
Inside the astonishing, improbable resurrection of Abercrombie & Fitch
Abercrombie & Fitch has turned itself around to become the darling of millennial women and Wall Str…
Emily Stewart
1 min read
Rising prices will prolong America's home-affordability crisis with 89% of the market still overvalued, Fitch says
The ratings agency expects home prices to increase between 3% and 5% through year-end, despite an u…
Filip De Mott
2 mins read
Sensex, Nifty hit fresh record high levels
Rising for the fourth straight session, the 30-share BSE Sensex climbed 308.37 points or 0.40 per c…
PTI
2 mins read
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
2 mins read
Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…
ANI
1 min read
I visited Abercrombie & Fitch for the first time in years. The brand is back from the dead, but its menswear may not be.
The popular mall destination — once famous for drawing in shoppers by stationing Adonis-like men at…
Gianluca Russo
5 mins read
Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
The oil-to-telecom-and-retail conglomerate's growth aspirations remain intact, it said, addin…
PTI
2 mins read
Stock markets rebound on buying in IT stocks, positive macro data
Benchmark Sensex rebounded 335 points and Nifty closed above the 22,100 level on Thursday on the ba…
PTI
5 mins read
Boom2Bust: Retail investors to face the brunt as small and midcap corrections wipe out billions of dollars
The mid- and small-cap retail investors seem star-crossed at the moment as the markets continue to …
2 mins read
Fitch raises global growth forecast on improved near-term prospects
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…
ANI
2 mins read
Fitch expects RBI to cut interest rates by 75 basis points in FY25
The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…
2 mins read
Fitch's negative outlook for China is more bad news for its stalling economy
Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…
George Glover
1 min read
The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says
Office loan delinquency will be higher than previously forecast in 2024 and 2025, Fitch Ratings wro…
Filip De Mott
1 min read
India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch
India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…
ANI
2 mins read
Emerging-market capital inflows soar to a decade high, expected to reach $200 bn in 2024
The anticipated increase is attributed to several factors including higher growth prospects in emer…
ANI
1 min read
Immigration has helped the hot US economy and labor market, but there's a risk of oversupply, Fitch says
The surge of immigration into the US is supporting the blowout jobs market, but eventually that cou…