4 articles
Brazilian petrochemical giant Braskem was downgraded to default-equivalent ratings by Fitch and S&P following a court-granted 60-day debt standstill. The move signals severe liquidity risks, though th
Fitch upgraded Argentina's credit rating to B-, citing fiscal reforms and eased mining restrictions, while noting persistent inflation and uneven growth in energy and agriculture.
Fitch downgraded Enel Brasil's credit rating due to uncertainty over renewing its Sao Paulo power concession amid regulatory scrutiny. The agency warns that losing the license could significantly weak
Fitch Ratings states US chemical producers gain a cost advantage from natural gas feedstocks amid oil price spikes, though sustained high prices risk demand destruction. Analysts do not expect credit
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