Standard & Poor's has said a ‘perfect storm' may be brewing in corporate credit markets if a global economic downturn combines with credit rationing to thwart corporations' $46trn refinancing needs.
A report from the ratings agency estimates the funding needs of non-financial corporates to be between $43trn and $46trn over the next five years, of which $30trn is existing debt and $13trn-16trn is new...
Yellen hopes unwinding will be like 'watching paint dry'
Sold property business
New CEO David Barron's first
Promises "proportionality" for firms that have taken "sufficient steps"
The sectors that have weathered the storm over the years