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Fitch tells CNN why it downgraded America now New York CNN Business—Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt. “The numbers speak for…
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Yash Pakka Limited Simplifies it’s Brand Identity; Renames as Pakka Limited The 42-year-old company is committed to creating and promoting sustainable packaging solutions for a greener planet. After solidifying its presence in the…
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Asian markets fall after Fitch downgrades US debt Hong Kong's Hang Seng Index and Japan's benchmark Nikkei 225 both tumbled 2 per cent, leading losses in the region, CNN reported. Asian markets fell broadly on Wednesday after ratings…
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Vianode selected for grant award from EU Innovation Fund for large-scale battery materials plant Vianode, a Norwegian producer of advanced battery materials with a greener footprint, has been selected for a EUR 90 million EU Innovation…
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Dollar to remain steadfast in coming months: FX strategists The U.S. dollar will hold its ground against most major currencies over the coming three months as a resilient domestic economy bolsters expectations interest rates will remain…
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Fitch downgrades US credit rating from AAA to AA+ The US government's credit rating has been downgraded following concerns over the state of the country's finances and its debt burden. Fitch, one of three major independent agencies that…
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Asian Market News: US macro 'pain trade' bites Several indicators, from big Wall Street banks' client surveys to futures market positioning data, show investors are not positioned for that. A look at the day ahead in Asian markets from…
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Hinton Pulp Mill Acquisition Supports Growth in Mondi’s Americas Paper Bags Business Mondi has agreed to acquire Hinton Pulp mill in Alberta, Canada from West Fraser Timber Co. Ltd for USD 5 million. Intention to invest a further €400…
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NEW BST NBL Phase Ii Project Will Help Improve Map Ta Phut's Carbon Footprint With More Sustainable Processes The new BST Phase II project will lead to a reduction in CO2 generation, improving the carbon footprint of the Map Ta Phut…
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US biggest export destination for Indian smartphones in April-May: Govt data The smartphone exports to the US jumped multiple times to USD 812.49 million during the first two months of this fiscal as against USD 92.2 million in April-May…
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