Cairo – Mubasher: The number of global companies that have defaulted totalled 146 so far this year, the highest level since 2009, according to rating agency Standard & Poor’s.
US oil and gas companies account for 48 out of this year’s total global corporate defaults so far.
American companies accounted for 96 of global defaults, followed by 27 from emerging economies, 12 from Europe and 11 from other developed nations such as Australia, Canada and Japan.
