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FITCH assigned Tesla (TSLA.O) a first-time issuer default rating of BBB; outlook stable.

2026-09-22

FITCH assigned Tesla (TSLA.O) a first-time issuer default rating of BBB; outlook stable.

Other News
2026-09-22

A-shares opened broadly higher; the ChiNext index peaked above 2% intraday then pulled back to close up 0.93%. Shanghai Composite gained 0.22%, Shenzhen Composite rose 0.62%. Combined turnover across the two markets exceeded 1.4 trillion yuan and mor

A-shares opened broadly higher; the ChiNext index peaked above 2% intraday then pulled back to close up 0.93%. Shanghai Composite gained 0.22%, Shenzhen Composite rose 0.62%. Combined turnover across the two markets exceeded 1.4 trillion yuan and more than 2,800 stocks advanced. AI application and cultural media sectors opened strong and led gains; innovative drug names rebounded after early weakness. Component, PCB and other compute-hardware stocks were active. Port and shipping underperformed; oil & gas and defense sectors registered the largest declines.
2026-09-21

S&P Global Ratings said banks' adoption of artificial intelligence will increasingly influence credit ratings. In a June survey of about 179 global financial institutions, users expect AI-related cost savings of up to 4% this year and 6–8% by 2028. R

S&P Global Ratings said banks' adoption of artificial intelligence will increasingly influence credit ratings. In a June survey of about 179 global financial institutions, users expect AI-related cost savings of up to 4% this year and 6–8% by 2028. Roughly 84% already use AI for support functions and automation, but fewer than one-third are using it to develop new products and services, citing regulatory and reputational risks. S&P said credit outcomes will hinge on the maturity of firms' AI strategies and the strength of their governance frameworks.
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