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Escalating tensions tilt Mena sovereign credit outlook to negative: Moody’s

Credit fundamentals across Middle East and North Africa (MENA) sovereigns have shifted to negative from stable as open military conflict and maritime trade disruptions weaken regional economic conditi...

Escalating tensions tilt Mena sovereign credit outlook to negative: Moody’s

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Hanwha Seeks Austal USA Acquisition

Hanwha Group is accelerating its push into the North American defense market by seeking to acquire a 100% stake in Austal USA, which produces U.S.

  • Hanwha Group proposes to acquire Austal USA for $1.05 billion to $1.2 billion.
  • Acquisition would focus on Austal USA's U.S. operations, excluding international ventures.