WION Dispatch: Global aviation market weakening, Moody's downgrades Rolls-Royce
Edited By WION Video Desk
Published: Jul 28, 2020, 01:55 IST | Updated: Jul 28, 2020, 01:55 IST
Rating agency Moody's has downgraded the long-term senior unsecured bonds of Rolls-Royce to "junk" status, saying that the aviation market served by the British engineering firm has weakened and could fall further.
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