Moody's

The second wave of COVID-19 infections presents a risk to India's growth forecast as the reimposition of measures to curb the spread of the virus will hit economic activity, but a double-digit GDP growth is likely in 2021 given the low...

US retail sales dropped by 0.7 per cent in December, marking the third monthly decline in a row, as the country struggles to cope with the unabated Covid-19 surge, the Commerce Department reported.Excluding motor vehicles, parts and gasoline stations, retail sales fell by 2.1 per...

Reliance Industries Ltd's acquisition of Future Group's consumer business will strengthen the retail footprint of India's largest organised retailer, Moody's Investors Service said on Wednesday. According to a PTI report: Last week, RIL announced that it will acquire Future Enterprise...

The coronavirus outbreak has transformed the US virtually overnight from a place of boundless consumerism to one suddenly constrained by nesting and social distancing.The crisis tests all retailers, leading to temporary store closures at companies like Apple and Nike,...