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Dominion Files for Insolvency Protection
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Dominion Diamond Mines has filed for and received insolvency protection, a month after suspending operations at its Ekati deposit in Canada due to the coronavirus pandemic.The company was granted protection from its creditors under...
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Mining
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Apr 23, 2020
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Rapaport News
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Fitch Assigns 'A-' and 'Stable Outlook' to Tiffany & Co.
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Fitch Ratings assigned an issuer default rating (IDR) of "A-" to Tiffany & Co., as well as an "A-" to the retailer's senior unsecured facilities and senior unsecured notes. The rating outlook is stable. Fitch explained that this...
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Retail
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Sep 22, 2014
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Jeff Miller
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Fitch Places ALROSA on 'Rating Watch Positive'
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Fitch Ratings indicated that it could upgrade ALROSA if the mining giant's sale of non-core stakes in Geotransgaz and Urengoy Gas Company is completed successfully. Fitch assessed ALROSA's long-term issuer default rating as ''BB-'' and its...
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Financial-Legal
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Aug 19, 2013
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Jeff Miller
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Fitch Downgrades India's Retail Sector
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Fitch Ratings downgraded its outlook for the Indian retail sector to “negative” from “stable” for the second half of 2012. The agency reasoned that the recent sustained deterioration in discretionary spending is unlikely to improve...
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Retail
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Aug 08, 2012
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Dilipp S Nag
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Indian Jewelers to Experience Slow Demand
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The Indian gems and jewelry industry is likely to continue experiencing subdued demand in 2012, with volume growth of below 4 percent for the overall segment due to a reduction in discretionary spending both in the export and domestic...
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Retail
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May 10, 2012
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Dilipp S Nag
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