S&P Global Inc. $SPGI, one of the world’s leading financial information and analytics providers, has announced plans to spin off its Mobility Technology division into a separate publicly traded entity. The move, revealed on Tuesday, signals a strategic refinement of the company’s core business structure, aiming to sharpen its focus on high-growth, data-driven segments in the financial and commodity sectors.

As global markets digest the latest wave of tariff escalations initiated by the U.S., concerns over sovereign credit ratings have intensified. However, S&P Global Ratings $SPGI has maintained its “stable” outlook on the U.S. (AA+) and China, signaling confidence in the resilience of the world’s two largest economies amid heightened trade tensions.

The international credit rating agency S&P Global Ratings $SPGI recently raised Greece’s sovereign credit rating to BBB. This marks the third upgrade in just over a month, highlighting the country’s significant economic improvement. Despite challenging external conditions, the upgrade reflects ongoing economic growth and better debt outlooks acknowledged by credit analysts.