Moody's

Moody's Upgrades Marks & Spencer's Ratings, Issues 'Stable' Outlook

Ratings agency Moody's has upgraded Marks & Spencer to a Baa3 long-term issuer rating and changed its outlook on the business to 'stable' from positive...

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European Consumer Spend Set To Gradually Recover, Notes Moody’s

European consumer spending is set to gradually recover over the next 12 months, as inflation eases and interest rates fall, a new report from Moody's has f...

'Stable' Outlook For Consumer Goods Industry Over Next 12-18 Months: Moody's

Moody's is anticipating a 'stable' outlook for the consumer goods sector over the next 12-18 months, with average operating profit growth of 3% to 5% expec...

Red Sea Ship Attacks Not Driving Inflation, Moody's Says

Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the im...

Operating Environment To Remain 'Difficult' For European Grocery Retailers: Moody's

European grocery retailers will continue to experience challenges in the operating environment over the next 12-18 months.

Tackling The Commodity Challenges With EUDR On the Way

In June, the European Union passed new legislation ensuring that all cattle, cocoa, coffee, palm oil, rubber, soya and wood sourced and used by the bloc is...

High Inflation And Rising Interest Rates To Limit Earnings Recovery For Food Firms: Moody's

Continued high inflation, rising interest rates and subdued economic activity are likely to 'limit demand and a rapid recovery in earnings' at consumer pac...

'Limited Credit Implications' From Russia's Takeover Of Carlsberg, Danone Assets

The Russian government's decree that it has taken control of assets belonging to Danone and Carlsberg in Russia is likely to have limited credit implicatio...