Credit outlooks for global corporates 'overwhelmingly negative'

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By Mike Turner
06 Aug 2020

Moody's holds not a single positive outlook for any non-financial industry sector for the first time in more than a decade as the coronavirus pandemic hammers global business.

Almost 75% of the 52 global non-financial industry sectors that the agency opines on were given a negative outlook in the first half of the year, with every change made during that time being a negative  one. This is the first time in 12 years that the ratings ...

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