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CMA CGM Starts Upgrades of 100 Vessels at Damen to Improve Efficiency

French shipping giant CMA CGM is the latest to plan upgrades applying a range of technologies to help it improve the efficiency of its ships. Damen S. ....

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credit profile: India Inc's improving credit profile sees more upgrades in H2 of FY24

Domestic consumption, demand across several sectors, government spending on public infrastructure, and healthy balance sheets helped in improving credit profiles, rating agencies said. Major rating companies have recorded more upgrades than downgrades, although the pace moderated sequentially. ....

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ShoreCap upgrades Frontier Developments to 'buy'

Analysts at ShoreCap upgraded their recommendation for shares of Frontier Developments from 'hold' to 'buy', citing the shares' valuation and progress on its shift back to its core strength. ....

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credit quality outlook: Ratings upgrade higher than downgrades in H2'24 though pace moderates

India Inc s credit ratings saw more upgrades than downgrades during October-March 2024, despite challenges like rising borrowing costs and supply constraints due to geopolitical issues. Strong domestic consumption and government infrastructure spending contributed to this trend. Sectors like roads, renewables, and hospitality drove upgrades, while export-oriented sectors faced downgrades. The credit ratio stabilized at pre-COVID levels, indicating positive credit quality outlook for fiscal 2025. However, uncertainties like monsoons and geopolitical landscape changes remain potential risks. ....

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NATO ally Greece wants fifth-gen F-35 stealth fighters with the upgrades to cure past 'childhood illness'

Greece's armed forces are undergoing radical changes, including a reshuffle of its fleet and plans to acquire fifth-generation jets. ....

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