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FOUND: 2 - What They Never Told You

Mediacom Launches Mobile Service With Verizon as MVNO

Lates cable mobile launch comes despite recent research reports indicating that only Comcast and Charter have the network resources available to make the margins work

Multichannel News

Project cuts and delays but Vic debt to soar higher

Melbourne Airport Rail has failed to take off, a medical precinct been abandoned and sick pay for casual workers dumped in a Victorian budget with few winners.

AAP

Italy survives S&P scrutiny of Giorgia Meloni’s worsened debt trajectory

Italy’s credit status remains intact at SP Global Ratings, which enacted the first major scrutiny on a worsened trajectory for debt foreseen by Premier Giorgia Meloni’s government.

The Times of India

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S&P Warns Of Possible Downgrade For China's Vanke

S&P Global Ratings issues downgrade warning for China Vanke, citing financial instability amid market challenges.

Top News

The dispute on India’s debt burden

To avoid worst-case scenarios, the need for fiscal correction is all the more vital this election year

The Hindu

Stocks Fade on Weakness in Technology and Bank Shares

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.19%. Stocks on Tuesday settled moderately lower. Technology stocks gave...

Barchart

Stocks Track Fluctuations in Tech Stocks and Mixed U.S. Economic News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. Stocks this morning are mixed. Tech stocks are supporting...

Barchart

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S&P joins Moody’s in cutting US banks amid ‘tough’ climate

Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, SP Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.

The Times of India

Ratings agency S&P stops grading ESG credit risks

An attempt to boil down a corporation's exposure to ESG risks has not been accepted by institutional investors.

Fortune

S&P: Pay TV Sub Losses to Increase in 2023

Losses should “modestly increase” from the 7% declines seen in 2022, a new S&P report predicts

TV Tech

S&P: Credit Ratings Outlook for Local TV Broadcasters Remains Stable

Analysts are “skeptical” that local TV broadcasters will soon see revenue growth from NextGen TV

TV Tech

Will the CFTC's suit against Binance help Coinbase?

The Commodity Futures Trading Commission alleges that Binance “has facilitated potentially illegal activities.”

Fortune

S&P: Digital Advertising Could Reach 75% of Total U.S. Advertising by 2025

S&P has raised their ad forecast based on a shallower than expected recession in Q2 and Q3 2023

TV Tech

China's Economy Faces Challenges Despite Moves to Stimulate Growth

China's recent steps to adjust Covid-19 controls and revive activity in the beaten-down property market stirred hopes that Chinese leader Xi Jinping is putting fresh emphasis on measures to support the economy, potentially leading to a strong rebound in growth next year.

Bangkok Post

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The Times of India

S&P upgrades Axis Bank rating on improving asset quality

NEW DELHI: SP Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender will maintain good asset quality over the next two years.

The Times of India

Credit Suisse cut to one level above junk status by S&P

Credit Suisse Group AG’s long-term rating was downgraded by SP Global Ratings to just one level above junk status, underscoring the bank’s challenges after it laid out a radical restructuring plan last week.

InsideEVs

Tesla Stock Upgraded To Investment Grade By S&P Global

The past few years have played a crucial role in Tesla’s history, turning the automaker from a struggling company with big dreams to a key player on Wall Street.

Reuters

S&P says it could downgrade El Salvador in 6-18 months

SP Global Ratings said on Friday it could cut El Salvador's already negative credit rating within six to 18 months if it does not make "adequate progress" on debt reduction, days after the government announced plans to buy back sovereign bonds.

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The Guardian - AU

China property sales could plunge by one-third, analysts say, as crisis deepens

Amid reports Beijing is planning massive bailout, S&P predicts sales slump will heighten liquidity squeeze and trigger more defaults

Benzinga

Elon Musk Attacks S&P Over Exxon Outscoring Tesla On ESG: What He's Saying

Elon Musk attacked the Environmental, Social, and Governance (ESG) standard on Wednesday, describing it as a "scam" that "has been weaponized by phony social justice warriors." He also accused S&P Global Ratings — the rating division of S&P Global — of losing its integrity.

Benzinga

Global Government Debt Expected To Swell To $71 Trillion In 2022: CNBC

According to a new report, global sovereign debt is expected to climb to a whopping $71.6 trillion in 2022, while fresh borrowing is also anticipated to remain high,

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