AUSTRALIA

Coleman's steady hand wins Fitch upgrade

WHILE ex-Woodside Petroleum chief Don Voelte reckons the company should have promoted internally to replace him, ratings group Fitch has endorsed Peter Coleman's leadership by improving the company's credit outlook.

Coleman's steady hand wins Fitch upgrade

Woodside's long and short-term issuer default rating and foreign currency senior unsecured rating both remain at BBB+, but Fitch has revised the oil and gas company's outlook from negative to stable, meaning...

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