NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of American Credit Acceptance Receivables Trust 2018-4 (“ACAR 2018-4”), an auto loan ABS transaction. American Credit Acceptance Receivables Trust... Read more »
In response to recent press speculation, GSK confirms that consideration is being given to a potential transaction that includes a merger of GSKCH. Read more »
After divesting Complan, Heinz is planning to bring in some of its global brands to India in the coming month. Read more »
A team from Kmart Australia — which is under a separate ownership than the troubled US retailer and is financially healthier — was in the country recently, one of the persons said. Read more »
Skoda will manage the production and engineering operations of India-specific products for both the mass-market brands. Read more »
Analysts expect future tower additions to largely happen in rural areas, which are likely to drive the next wave of wireless subscriber growth. Read more »
SINGAPORE--(BUSINESS WIRE)--A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Labuan Reinsurance (L)... Read more »
NCLT took action following a petition filed by operational creditors to the company and appointed an interim resolution professional, prompting the financial creditors led by State Bank of India to swing into... Read more »
SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of The Oriental Insurance Company Limited (Oriental) (India). The... Read more »
SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Bao Minh Insurance Corporation (Bao Minh) (Vietnam). The outlook of these Credit Ratings (ratings)... Read more »