The long-term rating of PJSC ALROSA has been upgraded from Baa3 to Baa2, with a stable outlook by Moody’s international rating agency. “This decision was made following the upgrade of Russia’s sovereign rating from Ba1 to Baa3 and raised country ceilings for foreign currency debt to Baa2/P-2 from Baa3/P-3,” ALROSA announced. Apart from ALROSA, Moody’s […]
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]]>Department store Debenhams has revealed its Christmas trading was disappointing and has warned that annual profits will fall below expectations as a result. Analysts had been expecting annual profits to be about £83m, but following its Christmas performance the retailer has now said should the current “competitive and volatile environment” continue, the underlying pre-tax profits […]
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]]>The numbers are in the 2017 holidays were a banner season for the U.S. retail industry. Mastercard’s consumer analytics tool, SpendingPulse, found that holiday consumer spending was up 4.9 percent this year compared to the same period in 2016. This stat, which the company released Dec. 26, represents a new record for the largest year-over-year […]
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