S&P Global Ratings reduced Vedanta’s issuer rating to “SD” or “selective default” from “CC,” indicating the agency believes the company has defaulted on some payments but will meet its other obligations on time. The cut comes after Moody’s downgraded the miner’s corporate family rating and senior unsecured bonds earlier this week.
Trump 2.0: Executive orders to shape US economy and global markets: ED Yardeni
We are going to have to wait a while to see what gets through and once it gets through, we will all be trying to
January 10, 2025