The EU and US’ shift in accounting standards may bring balance sheet losses and increase credit risk, according to James Elder, director of risk services at Standard & Poor’s (S&P) Global.
Despite the country’s latest financial bailout, the outlook for Greek corporates over the next year is no better than mixed according to trade credit insurer Atradius.
Late payments were experienced by 64% of companies in 2016, a recent Coface report found.
The Bank of England calls for UK banks to put aside an extra £11.4bn to deal with any future economic slowdown in its latest financial stability report
The latest regional survey by Liechtenstein-based private bank VP shows the year began with a sharp rebound in exports by Asia’s main economies.
The one-notch downgrade by the credit ratings agency is the first for nearly 30 years.
The Italian airline will be put up for sale later this month as the government aims to prevent its liquidation.
‘Export or die’ is a well-established maxim, but one with added relevance in the post-Brexit era as exporters seek out new markets around the world.
The banking sector has had its own way for many years, but today it pays to look beyond the norm and non-bank funding options when it comes to financing business.
Plans to lessen the kingdom state’s reliance on oil exports could prove too great a challenge for the government, suggests Fitch Ratings.