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Ardagh Group saw its total borrowings near €11.2B in 2023, per its latest annual report, Irish Times reports; S&P recently downgraded Ardagh’s debt rating, warning that its balance sheet may become ‘unsustainable’ if it continues to burn cash

Standard & Poor's Financial Services LLC (S&P) Analyzes Industry-Shaping Trends: Oil Sector Challenges, S&P 500 Gains, Broadcast Market Flux, European Investment Banks' Rise, and AI-Driven Valuations in 2024

US home prices decreased 0.1% month-over-month in January, up 6.0% year-over-year with San Diego again reporting the highest annual gain: S&P CoreLogic Case-Shiller Index

S&P sees weaker-than-expected growth in eurozone over next two years, fewer rate cuts from ECB due to receding inflation; productivity issues and delays in Next Generation EU recovery plan are concerns, while EU economies face major risks in geopolitics

US auto sales forecast to top 1.4 million units in March, however, demand remains unstable due to high interest rates and economic uncertainty; outlook for 2024 anticipates moderate growth in light vehicle sales: S&P Global Mobility

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