By Carolina Mandl NEW YORK (Reuters) – Short-seller Hindenburg Research disclosed on Wednesday short positions in India’s Adani Group, citing potential stock manipulation and accounting fr[...]
Read more
January 27, 2023
Tata’s Air India to seal half of jumbo plane order – sources
By Aditi Shah NEW DELHI (Reuters) -Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as i[...]
Read more
Marketmind: Stumbling away
A look at the day ahead in European and global markets from Ankur Banerjee Chip giant Intel’s grim earnings report along with mixed U.S data that showed a resilient economy but a labour market t[...]
Read more
India banks’ exposure to Adani Group is limited – CLSA, Jefferies
MUMBAI (Reuters) – Indian banks’ exposure to the Adani Group is within manageable limits, said brokerage houses CLSA and Jefferies, as the group fend off an attack from well-known short-se[...]
Read more
ArcelorMittal leads $120 million funding for green steel tech firm
By Isla Binnie NEW YORK (Reuters) – ArcelorMittal has led the latest, $120 million round of investment for Boston Metal in the startup’s quest to go to market by 2026 with equipment capabl[...]
Read more
Hasbro to cut 15% of workforce in 2023, estimates dour holiday quarter
By Deborah Mary Sophia (Reuters) -Hasbro Inc said on Thursday it would cut about 15% of its global workforce this year, and projected holiday-quarter results to be well below Wall Street expectations[...]
Read more
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections
By Noele Illien, Tom Wilson and Dietrich Knauth ZURICH/LONDON (Reuters) – FTX has objected to a U.S. Department of Justice request for an independent investigation into the once-prominent crypto[...]
Read more
Analysis-India’s EV dawn fans expectations fuel demand may peak early
By Mohi Narayan NEW DELHI (Reuters) – The rapid take-up of electric vehicles in India’s fledgling market has prompted a major rethink about the country’s long-term fuel needs as refi[...]
Read more
Adani Group stocks add to losses from short-seller attack
BENGALURU (Reuters) – Shares of Adani Group’s listed companies fell on Friday, adding to their losses from Wednesday when U.S. short-seller Hindenburg Research launched a scathing attack o[...]
Read more