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Keywords: S&P Global
S&P Global is strengthening its presence in Africa's growing financial markets through an agreement to acquire a majority stake in Agusto & Co, a leading pan-African credit ratings agency operating across several key economies on the continent. The transaction, announced on Tuesday, marks......
Business activity in the United Kingdom returned to expansion in July, ending a three-month period of contraction as companies reported stronger operating conditions and easing cost pressures. The latest survey points to renewed momentum in the British economy, offering an early boost for the government......
Germany's private sector returned to expansion in July, ending a four-month period of contraction as manufacturing activity gained momentum and lifted overall business performance. The latest survey suggests Europe's largest economy is showing early signs of recovery, although geopolitical risks......
Tanger Med is strengthening its position in international financial markets after Tanger Med Port Authority secured credit ratings from two major global rating agencies, a move expected to increase investor confidence and broaden access to international financing. Moody's Ratings assigned the port......
Bahrain has confirmed that it has not drawn on its $5.3 billion currency swap agreement with the United Arab Emirates, despite mounting economic pressure linked to regional instability. Speaking to Reuters, Noor bint Ali Alkhulaif said the financial arrangement remains untouched as the kingdom continues......
Britain's services sector contracted for a second consecutive month in June, with business activity falling at its fastest pace since early 2023 as the economic effects of the conflict involving Iran continued to weigh on companies. The latest S&P Global Services Purchasing Managers' Index......
France's services sector remained in contraction in June, with business activity declining more than initially estimated as weak demand, persistent inflationary pressures and subdued confidence continued to weigh on the country's economy. According to the latest S&P Global survey, the France......
The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI)......
Italy's services sector returned to growth in June, ending a three-month period of contraction as easing cost pressures and improving business conditions helped lift activity, according to the latest purchasing managers' survey. The S&P Global Italy Services Purchasing Managers' Index......