Washington, July 13 (IANS) Former US Deputy National Security Adviser Jon Finer has warned that countries across Europe, Asia and the Middle East are reducing their dependence on the United States, arguing that President Donald Trump’s policies are weakening American partnerships and imposing economic costs at home.“The World Is Cutting Ties With America. It’s Already Costing Us,” Finer wrote in a guest essay published by The New York Times on Sunday.He said European policymakers were ex…
Latest Moody’s News & Updates
New Delhi, June 4 (IANS) Ola Consumer (formerly known as Ola Cabs) has suffered a sharp valuation cut after funds managed by US investment giant Vanguard Group reduced the fair value of its parent company — ANI Technologies — to just $70 million, as per multiple reports.Reports said that the markdown — based on the firm’s latest filing with the US Securities and Exchange Commission (SEC) — indicated a decline of nearly 99 per cent from the company’s peak valuation of $7.3 billion.The lates…
New Delhi, May 17 (IANS): Oil prices in the global market are likely to remain in the high range of $90 to 110 per barrel “as there is little prospect of a swift and durable settlement between the US and Iran and with it the full reopening of the Strait of Hormuz”, according to a Moody’s global report on geopolitical risks.Moody’s said even if safe passage in the Strait were to resume in the next six months, the oil market would remain supply-constrained, with persistently higher and more vola…
Mumbai, Feb 3 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported strong financial performance for the December quarter (Q3 FY26), with consolidated net profit rising 21 per cent year-on-year (YoY) to Rs 3,043 crore. The company had posted a profit of Rs 2,518 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.Revenue for the quarter also saw a sharp increase of 22 per cent, reaching Rs 9,705 crore compared to Rs 7,964 cro…
New Delhi, Jan 1 (IANS) The widely quoted Corruption Perceptions Index, prepared annually by Transparency International, has ranked Pakistan 135 out of 180 countries for 2024, according to an article in the Pakistan media.There is a need to see the change in ranking of Pakistan over the years, as the incidence of corruption has been highlighted in a recent report by the IMF, the article in the financial newspaper Business Recorder said.In 2015, Pakistan was placed at 117 out of 168 countries, eq…